Sylvie Matherat, Deutsche’s chief regulatory officer and a potential departee, has expressed concerns regarding constraints on improving financial-crime controls and mending the bank’s relationships with regulators. As per a report from the Wall Street Journal, Deutsche Bank AG is mulling… Read More ›
HRM
Airbus appoints new CFO and new COO
Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… 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 ›
Commonwealth Bank of Australia appoints Alan Docherty as its CFO
On Monday, the Commonwealth Bank of Australia named Alan Docherty as its chief financial officer following an unexpected exit of the previous CFO in May 2018. The development comes in the wake of the lender facing one of its worst… Read More ›
H. Lawrence Culp Jr becomes General Electric Co’s CEO
Following John Flannery’s resignation from General Electric Co’s as its CEO, GE’s board has unanimously endorsed H. Lawrence Culp Jr as its CEO. General Electric Co’s CEO John Flannery has stepped down from his role in the company. The development… Read More ›
Danske Bank appoints Jesper Nielsen as interim CEO
Danske Bank has come under a cloud following an internal enquiry which showed that in the course of the last 8 years, suspicious transactions were routed through its Estonian branch. On Monday, the board of directors at Danske Bank appointed… Read More ›
Liam O’Connor resigns from Tesla Inc
Yet another high profile executive leaves Tesla Inc…Perhaps few can withstand the pressures at the high profile company as it pushes to bring luxurious clean energy powered mass market EVs to the market. Pioneers never had it easy. Liam O’Connor,… Read More ›
Chung Eui-sun appointed to chief vice chairman of Hyundai Motor Group
Chung Eui-sun role includes helping the company manage trade dynamics in major markets midst a deteriorating global trading condition. On Friday, Hyundai Motor Group disclosed it has appointed Chung Eui-sun, who was so far vice chairman of the Hyundai Motor… Read More ›
Strike by Air France-KLM’s Dutch pilots averted
Air France-KLM’s management has successfully negotiated longer rests for pilots between flights with union bosses and have averted a strike. On Tuesday, in a development that marks the the overcoming of a strike that could have caused mayhem later this… Read More ›
Hewlett Packard Enterprise appoints Tarek Robbiati as its CFO
Tarek Robbiati succeeds Tim Stonesifer who played a significant role in the breakup of HPE from Hewlett-Packard Co, in 2015. Hewlett Packard Enterprise has appointed Tarek Robbiati, the former Chief Financial Officer at Sprint Corp as its new CFO. With… Read More ›