In the high-stakes world of corporate leadership, traditional incentives like cash bonuses and stock options are losing their lustre. A recent study conducted by researchers at Carnegie Mellon University and Seoul National
Nokia has refuted claims that it is seeking to replace its President and CEO, Pekka Lundmark, following a report by the Financial Times. The company confirmed to Reuters on Thursday that it
Brian Niccol, the new CEO of Starbucks, has pledged to steer the coffee giant back to its roots as the nation’s “community coffeehouse.” In an open letter posted Tuesday, Niccol acknowledged that
Pavel Durov, the founder and CEO of messaging app Telegram, was arrested in Paris last weekend by French authorities at Le Bourget airport. He has been charged with six counts, including complicity
Bahrain will introduce a 15% tax on profits generated by multinational corporations operating within its borders, starting January 1, 2024. This new Domestic Minimum Top-Up Tax (DMTT) is part of Bahrain’s alignment
Stephan Engels, Chief Financial Officer of Danske Bank, has announced his decision to retire from executive leadership, effective March 1, 2025. Engels, who has served on the bank’s Executive Leadership Team since
David Singleton, the Chief Technology Officer (CTO) of fintech giant Stripe, has announced his departure after seven years with the company to start his own venture. Singleton shared the news on LinkedIn,
The emergence of “pay by bank” technology is poised to reshape the payment landscape by enabling direct bank account payments, bypassing traditional intermediaries like credit card networks. Trustly’s Chief Revenue Officer, Frederick
Adyen has appointed Tom Adams as its new Chief Technology Officer, succeeding Alexander Matthey, who will step down after a decade with the global payments platform later this year. Adams, who previously
Apple has named Kevan Parekh as its new Chief Financial Officer, succeeding Luca Maestri effective January 1, 2025. Parekh, an Apple veteran with over a decade at the company, currently serves as
In today’s fast-paced corporate environment, organisations are under constant pressure to meet ambitious goals, often driven by market demands and shareholder expectations. However, a singular focus on achieving these targets can sometimes
