GM to soon have a female CFO and CEO
The automobile maker has been led by Mary Barra since 2014, and on Wednesday it announced that Dhivya Suryadevara will be its new chief financial officer from September 1. Only 23 companies in the...
View ArticleAIG names head of restructured European subsidiary
Based in Luxembourg, AIG Europ SA ia a new legal entity for AIG’s business in the European Economic Area and Switzerland, established to provide business continuity for AIG’s European operations after...
View ArticleUber names Nelson Chai as CFO ahead of IPO
Chai previously served as chief executive at Warranty Group, a Chicago-based insurance and warranty provider. He also has held previous stints as president at CIT Group and CFO for Merrill Lynch &...
View ArticleSquare jumps 6% after Guggenheim names it ‘best idea’ in fintech
The new target is about 24% higher than Tuesday’s closing price. Shares closed 6% higher following Guggenheim’s call, and have seen a 227% increase year over year. This year alone, Square is up more...
View ArticleSolar predicted to become Europe’s most competitive energy by 2020
Overall, Solar is predicted to become the continent’s most competitive source of energy by 2020 by the company. It also stated that the decision to lift the trade tariffs on the import of solar panels...
View ArticleJack Ma to step down from Alibaba in September 2019
Ma conveyed the news himself to Alibaba customers and shareholders, following conflicting reports that arose over the weekend on the timing of his exit. Ma is expected to hand over the reins to Daniel...
View ArticleSBM Bank appoints Sidharth Rath as CEO
Mauritius-based SBM Bank has appointed former Axis Bank senior executive Sidharth Rath to head its India operations. “Sidharth Rath has taken over as the MD & CEO of SBM Bank (India) Limited...
View ArticleMunich Airport CEO to retire by end 2019 after 17 year-service
Dr. Kerkloh, who took office in 2002, celebrated his 65th birthday in June 2018. Over his airport management career, Kerkloh came to be seen as one of the most experienced and respected experts in the...
View ArticleCEO pay has dropped at almost half of UK FTSE firms since 2017
48% of FTSE 250 CEOs saw their remuneration levels decrease since 2017, with the average pay dropping by over 10%, according to new research from Vlerick Business School’s Executive Remuneration...
View ArticleAppointing a female CEO significantly boosts company performance—unless it’s...
Appointing a female CEO has a significantly, positive effect on non-family firms’ performance, but a negative impact on family businesses, according to new research from emlyon business school. The...
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