Bjorn Rosengren will be joining Swiss-Swedish robotics and engineering group ABB Ltd as CEO in February 2020. Swedish engineering group Sandvik stated, its Chief Executive Officer Bjorn Rosengren will be stepping down from 2020; he will be joining Swiss-Swedish robotics… Read More ›
turning around
Credit Suisse’s CEO took home $12.74 million as pay package for 2018
The 30% hike is reflective of Tidjane Thiam’s stewardship of the bank and was contingent on meeting a number of targets. On Friday, Credit Suisse’s annual report showed, that it has awarded its Chief Executive Tidjane Thiam a compensation of… Read More ›
J. C. Penney Co appoints Jill Soltau as CEO
Jill Soltau, who will join the company in mid-October, will have the task of turning it around. In August 2018, J. C. Penney reported a higher than expected second quarter loss and revised its full-year forecast. J. C. Penney Co… Read More ›
H. Lawrence Culp Jr becomes General Electric Co’s CEO
Following John Flannery’s resignation from General Electric Co’s as its CEO, GE’s board has unanimously endorsed H. Lawrence Culp Jr as its CEO. General Electric Co’s CEO John Flannery has stepped down from his role in the company. The development… Read More ›