In a statement the White House said, President Joe Biden will nominate Georgetown University law professor, a privacy advocate, to the U.S. Federal Trade Commission. “It is the honor of my life to be nominated to serve on the FTC…. Read More ›
human resources
Citigroup hires veteran tech banker Dhiren Shah
According to an internal memo from Citigroup, the bank has hired Dhiren Shah, a veteran tech banker, from Credit Suisse Group AG, as it doubles down on investing in its tech franchise. Shah’s departure from Credit Suisse marks the latest… Read More ›
Adecco Group acquires AKKA Technologies for $2.4 billion
On Wednesday, in a statement Adecco Group said, it has agreed to acquire AKKA Technologies for $2.4 billion (2 billion euros) and merge it with its own Modis tech brand. The acquisition’s synergy stems from the fact that AKKA’s its… Read More ›
Women representation on Britain’s top 200 financial firms jumps by 32%
According to a report released on Monday by think tank New Financial, the proportion of women on the board of Britain’s top 200 financial companies has risen to nearly a third in the last five years following a government launched… Read More ›
Netflix hires Mike Verdu, ramps up efforts to grow beyond video streaming business
On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›
Boeing names Brian West as CFO
In a statement Boeing Co said, it has tapped former General Electric executive Brian West as its chief financial officer. The development comes two months after the surprise retirement of finance chief Greg Smith. West is scheduled to take charge on August… Read More ›
Veteran lobbyist, political strategist Tim Keating abruptly exits from Boeing Co
In a statement, Boeing Co said, veteran lobbyist and political strategist Tim Keating, who helped navigate the company through its worst-ever crisis following the fatal 737 MAX crashes, has left the company. An internal memo from Boeing’s CEO Dave Calhoun to… Read More ›
Cosmetic maker Coty Inc names Andrew Stanleick as CEO
On Wednesday, in a statement cosmetics maker Coty Inc said, it has appointed Andrew Stanleick as its CEO. Stanleick will manage reality TV star Kim Kardashian West’s business for Coty, said the company, as it pushes into new newer beauty… Read More ›
Michel Doukeris to replace Carlos Brito as CEO: AN InBev
In a significant development, Anheuser-Busch InBev CEO Carlos Brito is set to step down from the company in July; he will be replaced by the head of the company’s North America division. The development comes at a time when AB InBev,… Read More ›
Citadel Securities appoints Kenneth Griffin as Chief Legal Officer
In a statement electronic trading firm Citadel Securities said, it has appointed Heath Tarbert as its chief legal officer. The development comes after Tarbert resigned as chair of the Commodity Futures Trading Commission (CFTC). Citadel, co-founded by billionaire investor Kenneth… Read More ›
