In a statement, payments giant Fiserv Inc stated, from July 1, Frank Bisignano will become its chief executive. He will be replacing Jeffery Yabuki, who will remain with the company as its chairman until the end of his term in… Read More ›
HRM
Mark Barnett promoted to president of Mastercard International’s European business
On Monday, Mastercard stated it has promoted Mark Barnett to the role of president of its European business; he will be responsible for the payment giant’s strategy and operations across 53 countries. Barnett, previously headed Mastercard’s UK, Ireland, Baltics and… 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 ›
Ryanair grounds 99% of flights until July 2020
On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›
Man GLG hires former head of equities from BlackRock
On Thursday, Man GLG, the discretionary investment arm of asset manager Man Group stated, it has hired Andrew Swan from BlackRock to lead its ex-Japan equities business. Swan will join the company in Sydney during the third quarter. He will… Read More ›
Will not layoff employees because of coronavirus pandemic: BlackRock
In a statement, Larry Fink, the CEO of BlackRock Inc, the world’s largest asset manager, said it will not layoff any of its employees during the year because of the coronavirus outbreak. BlackRock will pay full-time wages to support staff,… 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 ›
Amazon Inc to hire 100,000 workers to meet surge in demand
With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
Bill Gates steps down from Microsoft’s Board as its Chairman
Microsoft Corp’s co-founder Bill Gates, who made the software giant one of the world’s most valuable technology companies, has stepped down from the board on Friday. He will now focus on philanthropic works related to climate change, global health and… Read More ›
James Monsees to step down from e-cigarette maker Juul Labs Inc
E-cigarette maker Juul Labs Inc stated, its co-founder James Monsees plans on stepping down from the company as an adviser and member of its board. In an internal memo, Monsees, who had previously been the company’s chief product officer, said… Read More ›