Christian Sewing has been a member of the bank’s management board since 2015; he was responsible for overseeing its private and commercial bank division, which includes the Postbank retail banking unit. In a significant development, Deutsche Bank, Germany’s biggest lender,… Read More ›
HRM
Deutsche Bank nominates 4 members to its supervisory board
The development comes midst questions being raised by major investors over the future leadership at Germany’s biggest bank. On Wednesday, Germany’s largest lender, Deutsche Bank stated John Thain, a veteran U.S. banker is being nominated to its supervisory board. The… Read More ›
Cement maker LafargeHolcim loses key investor from its board
Key personnels from cement maker LafargeHolcim are set to step down from its board at its 2018 AGM. On Wednesday, Cement maker LafargeHolcim stated Thomas Schmidheiny, its largest most influential shareholder who has been the driving force behind merger which… Read More ›
Equifax appoints Mark Begor as its CEO
Mark Begor, 59, is set to join Equifax on April 16, this year. His appointment at the help of the consumer credit rating agency comes at a time when the firm faces significant headwinds stemming from what is slated to… Read More ›
LVMH’s Louis Vuitton hires Virgil Abloh to design its new menswear collections
Fashion houses are increasingly adopting streetwear looks to attract younger shoppers. On Monday, LVMH’s Louis Vuitton brand, the biggest revenue generator of the French luxury goods group said, it has hired Virgil Abloh, the founder of Off-White, a streetwear label,… Read More ›
Jeff Fettig to replace Andrew Liveris as DowDuPont’s executive chairman
The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›
John Hennessy replaces Eric Schmidt as Alphabet Inc’s Executive Chairman
In the last two years, a slew of new talent, including Sundar Pichai as Google’s CEO, Ruth Porat as its CFO, Susan Wojcicki as YouTube’s CEO, and Diane Greene as senior VP of Google’s enterprise business, have played a greater… Read More ›
Berkshire appoints Ajit Jain as as its vice chairman
Ajit Jain, 66 along with Gregory Abel, 55 are the top contenders to replace Buffet, 87. As per a regulatory filing, Ajit Jain, who has recently been appointed as vice chairman of Berkshire Hathaway Inc, has reported his ownership of… Read More ›
John McCormick becomes president and CEO of Blackstone
J. Tomilson Hill, billionaire art collector, the firm’s esrtwhile Chief executive, has passed the baton to John McCormick; Hill will remain as its chairman. Having being at the helm of the world’s biggest hedge fund, with around $74 billion in… Read More ›
Judith McKenna to assume Wal-Mart Stores chief executive of its international unit
The move is a potentially a stepping stone towards doning the role of the CEO of the world’s biggest brick and mortar retailer. As per a source with knowledge of the matter, Judith McKenna, Wal-Mart Stores’ Chief Operating Officer is… Read More ›