On Tuesday, Nissan Motor Co’s Chief Executive Makoto Uchida stated, he expects the carmaker’s earnings and cashflow to remain under pressure through the end of the financial year in March. Uchida made these comments while addressing shareholders for the first… Read More ›
CEO
Sandeep Mathrani to head WeWork from February 18, 2020
In a statement WeWork said, it has named real estate industry veteran Sandeep Mathrani as its new chief executive. Mathrani is set to join WeWork as the CEO from February 18, 2020 and will report to Marcelo Claure, who will… Read More ›
Jaguar Land Rover’s CEO Ralf Speth to step down in September 2020
In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at… Read More ›
PSA names Beatrice Foucher and Vincent Cobee to its global executive committee
On Wednesday, French carmaker PSA stated, it has appointed two executives that it had recently recruited from the Renault-Nissan-Mitsubishi alliance to head its DS and Citroen brands. Both executives have been named to its global executive committee. PSA said Beatrice… Read More ›
EU needs urgent overhaul of competition policy to meet global challenges
In an interview to Danish business daily Finans, Maersk’s CEO Soren Skou stated, the strict enforcement of competition rules in the European Union is acting as a barrier to developing global champions who can compete with U.S. and Chinese companies…. Read More ›
U.S. International Development Finance Corporation eyeing multi-billion investments in Indonesia
On Friday, Adam Boehler, the Chief Executive Officer of U.S. International Development Finance Corporation (DFC), a newly established development financier stated, it is eyeing multi-billion dollar investments in Indonesia in the next two months. Luhut Pandjaitan, Indonesia’s coordinating minister for… Read More ›
Renault hires PSA’s former R&D chief Le Borgne
On Monday, French car marker Renault stated, it has hired Le Borgne, the former chief of research and development at PSA. Le Borgne will be a member of Renault’s executive committee and will report to interim CEO Clotilde Delbos. The… Read More ›
Nissan’s ex-boss Carlos Ghosn to hold press conference on January 8
Carlos Ghosn, Nissan’s ex-boss, will hold a news conference in Beirut on January 8, said his lawyer. The development comes in the wake of Ghosn’s abrupt arrival in Lebanon from Japan, where he was under house arrest following allegations of… Read More ›
Mark Suzman to replace Sue Desmond-Hellmann as CEO at Bill & Melinda Gates Foundation
In a statement the Bill & Melinda Gates Foundation stated, its Chief Executive Sue Desmond-Hellmann will be stepping down after more than five years, and Mark Suzman will be replacing her. Desmond-Hellmann stated, she was stepping down from the Gates… Read More ›
Larry Page and Sergey Brin step down from Alphabet Inc, Sundar Pichai takes the helm
Google Inc’s Chief Executive Sundar Pichai is set to replace Larry Page as Alphabet Inc’s CEO. Page and Sergey Brin will continue to distance themselves from playing an active role in the management of the company they co-founded 21 years… Read More ›