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
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
Entersekt, a financial authentication company, has appointed Tony Bakshi as its new Chief Financial Officer (CFO). Bakshi brings over 15 years of experience in payments and enterprise software to his new role,
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 as head of commercial finance and financial planning
The insurance industry, valued at an estimated $12 trillion, spans various sectors including health, property, casualty, and auto insurance. Despite its size, the industry remains highly complex and in need of a
Tapestry Inc. has appointed Eva Erdmann as CEO and brand president of Kate Spade, effective in October. Erdmann, a former executive at L’Oréal, will replace Liz Fraser, who departs in September after
ExxonMobil announced a $9.2 billion profit for the second quarter of 2024, up from $7.88 billion in the same period last year. This increase was driven by rising oil prices and gains
Societe Generale has named Fouad Farah as the new Head of Global Banking and Advisory, succeeding Demetrio Salorio who is leaving the bank. Farah, who has over 25 years of experience in