Of the 24 years Indra Nooyi has was with PepsiCo, she served 12 years as its CEO. Under her PepsiCo’s shares rose by 78%. On Monday, PepsiCo Inc disclosed that its Chief Executive Indra Nooyi would be stepping down from… Read More ›
human resources
David Solomon to become Goldman Sachs Group Inc’s next CEO
A formal announcement is likely to be made as soon as today, if not later this week. As per a report from the New York Times, Goldman Sachs Group Inc is likely to name David Solomon as its next chief… Read More ›
Volkswagen names Thomas Sedran as head of its commercial vehicles division
Thomas Sedran, who currently is head of strategy at VW, will assume his new job on September 1, 2018. On Tuesday, Volkswagen named Thomas Sedran as head of its commercial vehicles division. Sedran, who currently is head of strategy at… Read More ›
Martin Sorrell’s departure from WPP leaves the advertising giant in a hazy mess
Although rumors of a 3-way split are doing the rounds, analysts from Goldman Sachs opine, given the preference of clients who choose ad agencies with integrated services over others, divestments and sales of assets are unlikely to be considered in… Read More ›
Credit Suisse strengthens its Southeast Asia businesses with key changes in HR
The move underscores Southeast Asia’s growing importance for churning out more profits for the bank. On Tuesday, in a move aimed at strengthening Credit Suisse’s franchise in Southeast Asia, Credit Suisse Group AG appointed Felicity Chan and Yvonne Voon in… Read More ›
Domino’s Pizza Group’s CFO leaves company for greener pastures
No reason was given for Rachel Osborne’s departure from Domino’s Pizza Group. The U.S. group was however quick to take control of the flow of conversation by stating that the company was on track to meet its guidance outlook for… Read More ›
Stacey Cunningham appointed first female CEO of the New York Stock Exchange
The development is significant in two ways: Cunningham’s appointment as NYSE’s first CEO and Thomas Farley’s departure from NYSE to head Far Point, a SPAC, that has the backing of Third Point LLC. In a first of its kind, the… Read More ›
Jeff Holden, Uber Technologies’ Chief Product Officer leaves ride services firm
Jeff Holden’s departure is the latest in a series of senior executives leading the company. A spokesman for Uber Technologies Inc stated, Jeff Holden, its Chief Product Officer will be leaving the company. The development marks the latest departure of… Read More ›
Xerox Corp appoints John Visentin as its CEO
Following the scrapping of the $6.1 billion deal with Fujifilm Holdings Corp, Xerox’s outgoing CEO along with 5 of its directors are being replaced with a new management team. Setting July 31 as the date for its annual shareholder’s meeting,… Read More ›
Alphabet’s Waymo hires Tesla’s chief technical contact with U.S. safety investigators
The hiring is likely to boost safety issues in Waymo’s self-driving cars. Waymo, Alphabet Inc’s self-driving unit stated, it has hired Matthew Schwall. Schwall was Tesla’s main technical contact with U.S. safety investigators. Schwall now joins Waymo’s safety team led… Read More ›
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