According to a news report from South Korea’s Yonhap news agency, Hyundai Motor Group’s executive vice chairman Euisun Chung is set to become its chairman on Wednesday. The development sees Euisun Chung formally taking over the reins of the car… Read More ›
management
Berkshire Hathaway-owned BNSF Railway appoints Kathryn Farmer as president and CEO
In a statement, BNSF Railway, one of the biggest railroad operators in Northern America, said it has appointed Kathryn Farmer as its CEO. She will be replacing Carl Ice, who has been at the company’s helm since 2013. Incidentally, BNSF… Read More ›
Former Goldman Sachs’ managing director Adam Korn joins Sixth Street as CIO
Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
ANZ names Paul O’Sullivan as next chairman
In a statement the Australia and New Zealand Banking Group Ltd said, Paul O’Sullivan, the current chairman of Optus, will succeed its current Chairman David Gonski, who is set to retire in October 2020. Gonski, who has been ANZ’s chairman… Read More ›
Chairman of El Al Israel Airlines, Eli Defes steps down citing undisclosed medical condition
In a statement, Eli Defes, chairman of El Al Israel Airlines stated, he is stepping down with immediate effect due to an undisclosed medical condition. In 2015, Defes had joined El Al’s board and became its chairman in 2017. It… Read More ›
Vodafone hires Jean-Francois Van Boxmeer as chairman
Britain’s Vodafone has hired Jean-Francois Van Boxmeer, the current CEO of Heineken, as its chairman. He will succeed Gerard Kleisterlee from November 2020. Van Boxmeer, a Belgian, will join Vodafone as a non-executive director on July 28. Since 2005, Boxmeer… Read More ›
Roche’s research arm hires MIT’s prize-winning cancer researcher Aviv Regev
On Monday, Swiss pharmaceutical giant Roche stated, it has hired a professor from the Massachusetts Institute of Technology (MIT) as its new head of its U.S. research arm which was responsible for some of it’s best-selling medicines in the last… Read More ›
NBCUniversal’s management shuffle sees entertainment & sports consolidate under Mark Lazarus
In a statement NBCUniversal announced a management reshuffle which saw the entertainment and sports division consolidate under Mark Lazarus, chairman of TV and streaming at NBCUniversal. As part of the management shuffle, Andy Lack who headed the news division will… Read More ›
IG Group appoints Charlie Rozes as its CFO
On Monday, the IG Group stated it has appointed Charlie Rozes, the former finance director of Jardine Lloyd Thompson, as its Chief Financial Officer. His appointment at the online trading group comes at a time when the sector is benefiting… Read More ›
Ryanair grounds 99% of flights until July 2020
On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›