In a significant development London-based real estate agent Foxtons Group said, it has decided to appoint Guy Gittins as its new CEO. Gittins is currently the CEO of its rival Chestertons. Gittins will take over from Nic Budden; his appointment comes… Read More ›
new CEO
FedEx names Raj Subramaniam as CEO
In a statement FedEx Corp said, it has named Raj Subramaniam, its operating chief, as its new CEO with effect from June 1, 2022. Subramaniam will succeed FedEx founder Fred Smith, who started the global delivery conglomerate in the 1970’s. Subramaniam,… Read More ›
Wells Fargo not complying with terms of settlements related to sales scandal: Congressional report
According to a Congressional report that was released on Wednesday, Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal. The U.S. House of Representatives Financial Services Committee released the findings of its year-long… Read More ›
ABB names chairman Peter Voser as its interim CEO
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 ›
Guido Kerkhoff should be seen only as an interim CEO of Thyssenkrupp: Elliot Management
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 ›