CEOWORLD magazine - Latest - Executive Insider - Oliver Zipse, Mark McLaughlin, WeWork IPO, and Adam Neumann (15 August, 2019)

Executive Insider

Oliver Zipse, Mark McLaughlin, WeWork IPO, and Adam Neumann (15 August, 2019)

German luxury carmaker BMW’s former head of production, Oliver Zipse, will take over from chief executive Harald Krüger. Oliver Zipse will assume the role of Chairman of the Board of Management of BMW AG effective on 16 August 2019.

Zipse spent his entire professional life at BMW AG:

1991, joined BMW AG as Trainee in Development and Production
1992 – 1994, Project Engineer for Technology Innovation
1994 – 2006, Various Leading Functions in Development, Production and Production Planning in Munich and South Africa
2007 – 2008, Managing Director Plant Oxford, UK
2009 – 2012, Senior Vice President of Technical Planning
2012 – 2015, Senior Vice President Corporate Planning and Product Strategy
since 2015, Member of the Board of Management of BMW AG, Production
As of 16 August 2019, Chairman of the Board of Management of BMW AG

Qualcomm Incorporated (NASDAQ: QCOM) has appointed Mark D. McLaughlin, the former chief executive of Palo Alto Networks, as Chairman of the Board of Directors, effective August 13, 2019, replacing Jeff Henderson. McLaughlin joined Silicon Valley-based Palo Alto Networks (NYSE: PANW) as president and CEO in 2011. Mr. Henderson, the former CFO of Cardinal Health, will remain on the Board and continue to chair its Audit Committee. Mr. McLaughlin holds a B.S. degree from the U.S. Military Academy at West Point and a J.D. from Seattle University School of Law.

WeWork IPO and Adam Neumann: A buzzy and hugely lossmaking unicorn, the office-space provider WeWork, the We Company, wants a $3 billion – $4 billion IPO as soon as next month. Eric Platt at the Financial Times notes that the firm—which lost $689.7 million in the first half of this year, on $1.54 billion in revenues — is rushing to float in the face of stormier markets and a gloomier global economy, and that its IPO “will be a big test of public investor appetite.”

Its $47 billion valuation is being heavily questioned, the founder and CEO of Adam Neumann and its current investors appear to think the company has a chance at reaching a market cap of $90 billion.


Dr. Amarendra Bhushan Dhiraj

Executive Insider is a daily roundup for CEOs, CFOs, CIOs, senior management executives, business leaders, high net worth individuals worldwide, and more. CEOWORLD magazine reviews news, analyst reports, insights, and facts each day of the week across 500 industries, 1,200 CEOs across 96 countries.

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CEOWORLD magazine - Latest - Executive Insider - Oliver Zipse, Mark McLaughlin, WeWork IPO, and Adam Neumann (15 August, 2019)
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.