Daniel O’Day is likely to joint Gilead Sciences sometime in 2019; a formal date has not been set. According to a source familiar with the matter at hand, Gilead Sciences Inc, a drugmaker, will appoint Roche Holding AG’s Daniel O’Day… Read More ›
chairman
Tokyo prosecutors to arrest Carlos Ghosn for yet another crime
As a result of the filing of fresh charges in a separate crime, Carlos Ghosn’s detentions is likely to be extended up to December 30, 2018. On Tuesday, Japan’s Sankei newspaper reported, prosecutors plan on arresting Carlos Ghosn on a… Read More ›
Carlos Ghosn, Chairman of Nissan Motor Co, arrested
Carlos Ghosn is suspected to have under reported his income in his tax filings. Carlos Ghosn, Chairman of Nissan Motor Co Ltd has been arrested by prosecutors from Tokyo for alleged violation of Japan’s financial instruments and exchange act. As… Read More ›
Tesla appoints Robyn Denholm as Musk’s replacement as the board’s chairman
The move is essentially a compliance against the deal Tesla entered with the SEC in September 2018 to settle fraud related charges against Tesla and Elon Musk. As demanded by the U.S. Securities and Exchange Commission, Tesla Inc’s board… Read More ›
Trade war could last for 20 years: Jack Ma
Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference. On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the… Read More ›
BlackRock voted against Elon Musk in Tesla’s AGM
Here is how major shareholders voted in Tesla’s Annual General Meeting when a proposal was put to a vote to split Elon Musk’s role as CEO and Chairmanship of Tesla Inc. According to BlackRock’s filing with the U.S. Securities and… Read More ›
Noble’s chairman and founder Richard Elman steps away from joining new board
Noble’s survival depends on the passing of the restructuring plans, on which the board is set to vote on August 27. On Monday, bellicose commodity trader Noble Group Ltd disclosed, Richard Elman, who is its chairman and also its founder,… Read More ›
Ramon Laguarta to be PepsiCo’s CEO, Indra Nooyi its Chairman
Of the 24 years Indra Nooyi has was with PepsiCo, she served 12 years as its CEO. Under her PepsiCo’s shares rose by 78%. On Monday, PepsiCo Inc disclosed that its Chief Executive Indra Nooyi would be stepping down from… Read More ›
Guido Kerkhoff should be seen only as an interim CEO of Thyssenkrupp: Elliot Management
Elliot Management and Swedish activist investor Cevian are pushing for Thyssenkrupp to continue on its path of “structural evolution”, a change in its overall strategy as well as appointing a permanent CEO. In a move that is aimed at changing… Read More ›
CYBG acquires Virgin Money for $2.26 billion
The acquisition sees the creation of the 6th largest bank in the UK. On Monday, in a development that witnesses the creation of the 6th biggest bank in Britain, CYBG, a mid-sized bank, has agreed to acquire Virgin Money for… Read More ›
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