Blakemore’s appointment to the helm of the world’s largest catering firm, comes 3 months ahead than it was scheduled. Following the tragic demise of Richard Cousins, 58, CEO of Compass, a British-based company that was the world’s largest catering firm,… Read More ›
human resources
Nokia’s COO leaves the company for greener pasture
Joerg Erlemeier will now assume the position of Chief Operating Officer at Nokia. On Monday, Finnish telecom network equipment manufacturer Nokia stated, Monika Maurer, its Chief Operating Officer was leaving the company. Maurer will be replaced with Joerg Erlemeier, who… Read More ›
Samsung appoints Joonou Nam as Samsung Heavy Industries’ new CEO
The change at the top follows the shipbuilder’s announcement of its forecast of yet another operating loss for this year. On Monday, in a strategic move Samsung Heavy Industries appointed Joonou Nam as its new chief executive officer after Park… Read More ›
Goldman Sachs to st up office in Poland, hire 500 people for its backoffice operations
Cities across the European Union have become prime destinations for international banks in the wake of Britain deciding to leave the European Union. On Tuesday, Goldman Sachs stated it is looking to add 250 more staff to its roaster in… Read More ›
Bayer acquires Nestle’s baby food business head for its consumer health division
Heiko Schipper, 48, is set to join Bayer from March 2018. He will be replacing Erica Mann. Schipper will have to stem the flow of losses from Bayer’s non-prescription drugs business and manage the growing preference by consumers to shop… Read More ›
Nestle aims to boost infant nutrition business through reorganization
Here are the key steps Nestle will be taking to boost the performance of its infant nutrition business. On Wednesday, Nestle, the world’s largest packaged food manufacturer, stated it would reorganize its infant nutrition business to boost its performance. In… Read More ›
London Stock Exchange’s CEO quits job under duress
Chris Hohn, a top investor at LSE, has in a letter to LSE’s chairman, Donald Brydon, demanded that Xavier Rolet be allowed to speak publicly on the reasons for his departure. On Wednesday, Chris Hohn, a top investor in the… Read More ›
Samsung Electronics appoints Roh Hee-chan as its CFO
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›
Trump Administration proposes John Rood as the undersecretary of defense for policy
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
Brian Acton, co-founder of WhatsApp will be leaving Facebook
Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The company was acquired by FB in 2014 for $19 billion. Facebook announced in a post that Brian Acton, who co-founded WhatsApp, will be leaving the messaging service company in… Read More ›