In a statement, General Electric Co said, it has extended the employment agreement of its Chief Executive Officer Lawrence Culp up to August 31, 2024. In a regulatory filing dated August 18, GE said, its board had also approved a… Read More ›
Chief Executive Officer
ISS appoints Danske Bank’s Jacob Aarup-Andersen as CEO
On Monday, Danish services provider ISS announced, it has hired Danske Bank’s Jacob Aarup-Andersen, as its new chief executive officer, who will assume office from September 1. Aarup-Andersen, 42, who currently heads Danske’s Danish banking unit will replace incumbent CEO… Read More ›
Boeing aims to cut 10% of its workforce
According to a report from the Wall Street Journal, Boeing Co is weighing its options on a job cut, which could involve early retirements and involuntary layoffs and could also involve buyouts. Boeing’s aims to cut its workforce by 10%…. Read More ›
Occidental Petroleum Corp to name Stephen Chazen as chairman: WSJ
A report from the Wall Street Journal citing sources familiar with the matter at hand states, Occidental Petroleum Corp plans on naming former Chief Executive Officer Stephen Chazen as its new chairman. Provided discussions don’t fall apart, Chazen’s appointment is… Read More ›
GM, FCA, Ford and UAW collaborate to limit Wuhan Coronavirus outbreak
Automakers, including General Motors, Fiat Chrysler Automobiles (FCA) and Ford Motor Co are collaborating to form a task force along with the United Auto Workers (UAW) union to improve protections for their employees and limit the spread of the Wuhan… Read More ›
Best Buy’s Executive Chairman to step down on June 11
Best Buy Co Inc’s Executive Chairman Hubert Joly will be stepping down and will not stand for re-election at its annual general shareholder’s meeting on June 11. Joly, a restructuring expert and former chief executive officer of the company, had… 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 ›
Tesla’s European Gigafactory will be built near new Berlin airport
While earlier this week, Tesla Inc’s Chief Executive Officer Elon Musk had disclosed that the electric carmaker will be building its new “Gigafactory 4,” in the “Berlin area” the electric carmaker has now revealed its new European Gigafactory, which is… Read More ›
Bernard J. Tyson, chairman and CEO of health insurer Kaiser Permanente passes away at 60
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died in his sleep aged 60, said the company in a statement. Tyson, who rose to the top job since 2013, was the company’s first black… Read More ›
France proposes Thierry Breton for European Commissioner
Macron is keen to preserve the portfolio he had negotiated with incoming European Commission President Ursula Von der Leyen and has sought assurances that the new candidate would be approved. On Thursday, two weeks after President Emmanuel Macron’s first choice… Read More ›
