In a statement, BP stated, Brian Gilvary, its finance chief who will be stepping down in June 2020 after eight years of service in the company, will be replaced by Bernard Looney, who incidentally will become the company’s chief executive… Read More ›
HRM
PSA names Beatrice Foucher and Vincent Cobee to its global executive committee
On Wednesday, French carmaker PSA stated, it has appointed two executives that it had recently recruited from the Renault-Nissan-Mitsubishi alliance to head its DS and Citroen brands. Both executives have been named to its global executive committee. PSA said Beatrice… Read More ›
China’s BYD Co Ltd appoints former GM China President, Kevin Wale, as senior adviser
On Monday, Warren Buffett-backed BYD Co Ltd stated, it has appointed former General Motors China President, Kevin Wale, as a senior adviser to its chairman. In a statement China’s BYD stated, Wale will provide consulting services to BYD’s automotive business,… Read More ›
UBS Group overhauls its European, Middle Eastern, and African region business
According to a staff memo that was confirmed by the UBS Group, the Swiss bank is in the process of reorganizing its flagship wealth management business in the Europe, Middle East and Africa region. Christl Novakovic will continue to lead… Read More ›
Mark Suzman to replace Sue Desmond-Hellmann as CEO at Bill & Melinda Gates Foundation
In a statement the Bill & Melinda Gates Foundation stated, its Chief Executive Sue Desmond-Hellmann will be stepping down after more than five years, and Mark Suzman will be replacing her. Desmond-Hellmann stated, she was stepping down from the Gates… Read More ›
Larry Page and Sergey Brin step down from Alphabet Inc, Sundar Pichai takes the helm
Google Inc’s Chief Executive Sundar Pichai is set to replace Larry Page as Alphabet Inc’s CEO. Page and Sergey Brin will continue to distance themselves from playing an active role in the management of the company they co-founded 21 years… Read More ›
Airbus dismisses 16 employees following German investigation
According to a statement from Airbus’ spokesman, the airplane maker has dismissed 16 employees without notice following an investigation into the potential misuse of client documents. In September, prosecutors from Munich had launched an investigation after the company notified authorities… Read More ›
Daimler AG to cut 10K jobs
Daimler will cut at least 10,000 jobs worldwide over the next three years, said the carmaker in a statement. The move follows job cuts by carmakers in the industry as they deepen their commitments towards electric vehicles, while grappling with… Read More ›
Daimler AG to cut 10K jobs
Daimler will cut at least 10,000 jobs worldwide over the next three years, said the carmaker in a statement. The move follows job cuts by carmakers in the industry as they deepen their commitments towards electric vehicles, while grappling with… Read More ›
General Electric ropes in AP Moller-Maersk’s finance chief as its CFO
In the latest slew of management changes at General Electric Co, the U.S. industrial conglomerate has named Carolina Dybeck Happe, who is currently the Chief Financial Officer at shipper AP Moller-Maersk, as its finance chief. Happe will commence work in… Read More ›