Masamichi Kogai will now become Mazda Motor’s chairman. On Friday, Mazda Motor Corp stated, Masamichi Kogai, its CEO and president, would be stepping down from office. Akira Marumoto, who currently serves as the company’s vice president and overseas its operations… Read More ›
The acquisition will enable Recruit to expand its reach in the U.S. job market. On Wednesday, Recruit Holdings Co, a Japanese HR services provider disclosed it will acquire Glassdoor Inc for $1.2 billion. The move will enable Recruit to tap… Read More ›
Uber needs to fill the post of the CFO before it launches its IPO in 2019. As per a Bloomberg report, Uber Technologies Inc has selected VMware Inc’s Zane Rowe as its top candidate for the post of chief financial… Read More ›
Christian Sewing has been a member of the bank’s management board since 2015; he was responsible for overseeing its private and commercial bank division, which includes the Postbank retail banking unit. In a significant development, Deutsche Bank, Germany’s biggest lender,… Read More ›
The development comes midst questions being raised by major investors over the future leadership at Germany’s biggest bank. On Wednesday, Germany’s largest lender, Deutsche Bank stated John Thain, a veteran U.S. banker is being nominated to its supervisory board. The… Read More ›
The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›
Alphabet’s Access is seeing a high turnover in human resources: Jain’s appointment as CEO is the third in less than two years. The unit has also laid employees since 2016. On Wednesday, Alphabet Inc named Dinesh Jain, a former chief… Read More ›
In the last two years, a slew of new talent, including Sundar Pichai as Google’s CEO, Ruth Porat as its CFO, Susan Wojcicki as YouTube’s CEO, and Diane Greene as senior VP of Google’s enterprise business, have played a greater… Read More ›
Activist shareholder Third Point has applied increasing pressure to provide better returns of investment to shareholders. On Friday, Swiss food group Nestle stated that it plans on cutting 400 jobs in France in support services and HQ functions. The cost… Read More ›
Ajit Jain, 66 along with Gregory Abel, 55 are the top contenders to replace Buffet, 87. As per a regulatory filing, Ajit Jain, who has recently been appointed as vice chairman of Berkshire Hathaway Inc, has reported his ownership of… Read More ›
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