In a statement late on Wednesday, Bombardier Inc said, its CEO Alain Bellemare, would be leaving the company. Eric Martel, CEO of hydropower producer Hydro-Quebec would be replacing Bellemare effective from April 6.
HRM
JPMorgan Chase likely to trim 140 jobs in Switzerland
According to a report by Swiss financial news site Finews, JPMorgan Chase & Co is considering cutting up to 140 jobs in Switzerland in an effort to trim costs. According to the report, the cuts would mainly affect its Geneva… Read More ›
Pekka Lundmark to replace Rajeev Suri as Nokia’s CEO after September
On Monday, in a statement, Nokia said, its Chief Executive Rajeev Suri will be stepping down in September and will be replaced by Pekka Lundmark, who until now has been the CEO of Fortum. Suri will be stepping down after… Read More ›
JPMorgan Chase & Co names Filippo Gori as its new Asia Pacific CEO
On Thursday, JPMorgan Chase & Co named veteran Filippo Gori as its new Asia Pacific CEO; he will oversee strategy and operations across seventeen markets in the region. Gori, who has stuck with the bank for the last twenty years,… Read More ›
Keith Block steps down as co-CEO of Salesforce.com
Keith Block, the CEO of Salesforce.com Inc has stepped down from his office on Tuesday making Marc Benioff the sole CEO of the business software company. With the news reaching the market, shares of Salesforce fell by around 3% in… Read More ›
Bob Chapek takes the helm at Walt Disney
In a statement Walt Disney Co stated, its chief exectuive Robert Iger will be stepping down and Bob Chapek, Disney’s Parks head will take over the reins of the company. Disney went on to dd, Iger will continue to keep… Read More ›
Samsung Electronics names Bahk Jae-wan as its chairman
On Friday, Samsung Electronics named Bahk Jae-wan, its former finance minister as the new chairman of its board after his predecessor was jailed for union-busting activities. Since March 2016, Bahk, 65, served as an independent director on Samsung’s board. He… Read More ›
Sandeep Mathrani to head WeWork from February 18, 2020
In a statement WeWork said, it has named real estate industry veteran Sandeep Mathrani as its new chief executive. Mathrani is set to join WeWork as the CEO from February 18, 2020 and will report to Marcelo Claure, who will… Read More ›
Jaguar Land Rover’s CEO Ralf Speth to step down in September 2020
In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at… Read More ›
JPMorgan Chase & Co plans on cutting 1% of workforce from its consumer division
Bloomberg has reported citing sources briefed on the matter as saying, JPMorgan Chase & Co plans on cutting hundreds of jobs across its consumer division. Bloomberg’s report did not mention the exact number of jobs JPMorgan plans on cutting but… Read More ›
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