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 ›
With Impala Asset Management saying it will try and place two directors at Harley-Davidson Inc, America’s oldest and best-known motorcycle maker is facing a battle with one of its investors. Impala Asset Management, run by Robert Bishop, which owns 1.9… Read More ›
Ulrich Spiesshofer, ABB’s CEO since 2013, has agreed with the board to step down. On Wednesday, ABB stated, it has appointed its Chairman Peter Voser as its interim chief executive following the stepping down of its CEO Ulrich Spiesshofer. In… Read More ›
Danske Bank has come under a cloud following an internal enquiry which showed that in the course of the last 8 years, suspicious transactions were routed through its Estonian branch. On Monday, the board of directors at Danske Bank appointed… Read More ›
Elliot Management and Swedish activist investor Cevian are pushing for Thyssenkrupp to continue on its path of “structural evolution”, a change in its overall strategy as well as appointing a permanent CEO. In a move that is aimed at changing… Read More ›
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
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