In a significant development, Anheuser-Busch InBev CEO Carlos Brito is set to step down from the company in July; he will be replaced by the head of the company’s North America division. The development comes at a time when AB InBev,… Read More ›
step down
Willie Walsh to head global airline body IATA
With IAG CEO Alexandre de Juniac set to step down in March 2020, , IATA has picked Willie Walsh to become its Director General, said the global airline body in a statement. De Juniac, a former Air France-KLM CEO who… Read More ›
Regulators preparing to impose costs on Citigroup for failing to improve risk-management systems
In a report the Wall Street Journal said, federal regulators are preparing to impose a fine on Citigroup Inc for failing to improve its risk-management systems, With the news reaching the market, Citi’s shares fell by 3.3%. According to the… Read More ›
Jaguar Land Rover’s CEO Ralf Speth to step down in September 2020
In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at… Read More ›
Mark Suzman to replace Sue Desmond-Hellmann as CEO at Bill & Melinda Gates Foundation
In a statement the Bill & Melinda Gates Foundation stated, its Chief Executive Sue Desmond-Hellmann will be stepping down after more than five years, and Mark Suzman will be replacing her. Desmond-Hellmann stated, she was stepping down from the Gates… 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 ›
Carlos Ghosn, Renault SA’s CEO, to step down before the end of his term
Carlos Ghosn will continue to be the CEO and chairman of the Renault-Nissan-Mitsubishi alliance. On Thursday, as per a report from the Financial Times, Renault SA’s CEO Carlos Ghosn is likely to step down from the post before the end… Read More ›
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