In a surprising leadership transition, Nike announced on Thursday that John Donahoe will step down as CEO, making way for company veteran Elliott Hill to take the helm. Hill, who retired in 2020 after a distinguished 32-year career at Nike, will return to lead
Barclays has appointed Abhishek Singhal as a Managing Director within its Technology
Boeing is bracing for the financial fallout of a strike by 33,000
Nokia has refuted claims that it is seeking to replace its President
Brian Niccol, the new CEO of Starbucks, has pledged to steer the
Pavel Durov, the founder and CEO of messaging app Telegram, was arrested in Paris last
Bahrain will introduce a 15% tax on profits generated by multinational corporations operating within its
Stephan Engels, Chief Financial Officer of Danske Bank, has announced his decision to retire from
David Singleton, the Chief Technology Officer (CTO) of fintech giant Stripe, has announced his departure
The emergence of “pay by bank” technology is poised to reshape the payment landscape by
Adyen has appointed Tom Adams as its new Chief Technology Officer, succeeding Alexander Matthey, who
Apple has named Kevan Parekh as its new Chief Financial Officer, succeeding Luca Maestri effective
In today’s fast-paced corporate environment, organisations are under constant pressure to meet ambitious goals, often
Infosys CEO Salil Parekh has confirmed that the company will honour all job offers made to freshers, despite changes in the onboarding schedule. His statement comes in response to reports of delays
IDEX Biometrics, a Norway-based provider of fingerprint identification solutions, has appointed Catharina Eklof as its new Chief Executive Officer, effective immediately. Eklof, who previously served as the company’s Chief Commercial Officer (CCO) for three years, succeeds Vince Graziani, who led
The Royal Bank of Canada (RBC) has filed a counterclaim seeking C$4.4 million against its former Chief Financial Officer, Nadine Ahn, following her dismissal
TransUnion has appointed Sharon Naidoo as the new Chief Financial Officer (CFO) for its UK and Europe operations. Naidoo, who previously served as CFO
South African lender Absa Group announced on Monday that CEO Arrie Rautenbach will take early retirement, effective April 15, 2025. Charles Russon, currently the CEO of Absa’s Corporate and Investment Bank, will step in as interim CEO of both Absa Group and Absa Bank
Liechtenstein-based VP Bank is reportedly set to close its Hong Kong office following the resignation of its Asia CEO Pamela Hsu Phua and Chief Operating Officer Heline Lam. The closures follow the departure of global CEO Paul Arni just months earlier. According to sources
Victoria’s Secret & Co. has appointed Hillary Super as its new CEO, succeeding Martin Waters, who was terminated and resigned from the board. Super, who will join the company on September 9,
The role of CEO, often viewed as the apex of corporate leadership, carries immense responsibility and scrutiny. Recent trends, however, reveal a notable increase in CEO departures, highlighting the precarious nature of
QBE has appointed Declan Moore as its Chief Governance and Executive Operations Officer for the Australia Pacific region. In this role, Moore will oversee key areas including first line risk, customer remediation,
MI:RNA Diagnostics, a Scottish veterinary diagnostics firm, has appointed Claudia Cavalluzzo as its new Chief Operating Officer. Cavalluzzo, a seasoned scientist with expertise in medicinal chemistry, brings extensive experience from her previous
Starbucks has announced the sudden departure of CEO Laxman Narasimhan after just over a year in the role. Brian Niccol, currently chairman of Chipotle, will succeed him as chief executive in September.
Adnoc Distribution, the retail subsidiary of Abu Dhabi National Oil Company (Adnoc), is searching for a chief investment officer to lead its international expansion efforts. The move comes as the UAE’s largest
LendingPoint, a U.S. provider of direct-to-consumer loans, has appointed Shawn Stone as its new CEO and board member. Stone succeeds Mark Lorimer, who served as interim CEO after the departure of co-founder
In 2023, CEOs of Britain’s largest companies received record compensation packages, with nine firms offering more than £10 million ($12.75 million) to their top executives, according to research by the High Pay
Bob Burnett, CEO of Barefoot Mining, has made a bold prediction about the future of Bitcoin blockspace, suggesting that it will become a critical and highly contested resource. In a recent interview,
DBS Group Holdings, Singapore’s largest bank, has announced a significant leadership transition. Current CEO Piyush Gupta, who has led the bank for 14 years, will step down at the annual general meeting on March 28, 2025. Tan Su Shan, the
Entersekt, a financial authentication company, has appointed Tony Bakshi as its new Chief Financial Officer (CFO). Bakshi brings over 15 years of experience in
Rightmove (RMV.L) has named Ruaridh Hook as its new chief financial officer, effective September 15. Hook has been with the company since 2020, serving
The insurance industry, valued at an estimated $12 trillion, spans various sectors including health, property, casualty, and auto insurance. Despite its size, the industry
