Belgian drugmaker Galapagos NV has named former Johnson & Johnson senior executive Paul Stoffels as its CEO, effective from April 1, 2022. Since 2012, Stoffels was the chief scientific officer at Johnson & Johnson and has spearheaded the development of its single-shot… Read More ›
former
Trump tightens grip on his social media company
According to regulatory filings late on Tuesday, former U.S. President Donald Trump will be able to retain the ownership of his newly launched social media venture even if he chooses to make another run for the presidency or is convicted… Read More ›
Pandora Papers leak throw light on the secret wealth stashed away by global leaders and celebrities
On Sunday, a massive leak of financial documents was published by several major news organizations shedding light on how some of the world’s leaders, including Czech Prime Minister Andrej Babis, Jordan’s King Abdullah and Russian President Vladimir Putin, have stashed… Read More ›
BlackRock Japan hiring former Bank of Japan policymaker Takako Masai
On Monday, in a statement BlackRock Japan said, it was in the process of hiring former Bank of Japan policymaker Takako Masai as an external board member, effective from Tuesday. Masai served as the sole female member of the central… Read More ›
Family offices should be brought back within regulatory oversight: Democratic Commissioner Dan Berkovitz
According to a Democratic commissioner, the Commodity Futures Trading Commission (CFTC), should reverse its loosening of oversight of family offices. His comments come in the wake of the blowup of Archegos Capital. The downfall of the family office run by… Read More ›
Blackstone commits $150 million in seed funding to new hedge fund ApaH Capital Management
According to two sources familiar with the matter at hand, Blackstone Group is committing $150 million in start-up capital to a hedge fund that is run by a former senior executive at Lone Star Funds. According to one of the… Read More ›
Former Goldman Sachs’ managing director Adam Korn joins Sixth Street as CIO
Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
IG Group appoints Charlie Rozes as its CFO
On Monday, the IG Group stated it has appointed Charlie Rozes, the former finance director of Jardine Lloyd Thompson, as its Chief Financial Officer. His appointment at the online trading group comes at a time when the sector is benefiting… 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 ›
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 ›