Banking and Finance

Revolution Beauty has made headlines with the announcement of a settlement reached with its former CEO and Co-founder, Adam Minto, concerning the events surrounding the delay in auditing the group's FY22 results and the subsequent suspension of trading of its shares on AIM. The terms of the agreement stipulate that...

On Tuesday, US copper miner Freeport-McMoRan (NYSE: FCX) made an announcement about Kathleen Quirk's appointment as President and Chief Executive Officer, slated to take effect at the annual meeting of shareholders on June 11 this year. Assuming the helm of executive management, Quirk will report directly to the FCX board...

Following Snap's announcement of a loss in the final quarter of 2023, the company's stock experienced a significant decline. Despite reporting a net loss of $248 million for the December quarter, which represented an improvement from the same period the previous year, Snap's shares plummeted approximately 30% in after-hours trading...

Costco Wholesale's longstanding finance chief, Richard Galanti, is preparing to step down. Galanti, who assumed the role of Chief Financial Officer in 1985, has played a pivotal role in Costco's success and has become a prominent figure for the discount membership retailer. His departure coincides with Costco's deliberations over a...

Partnership management platform impact.com has welcomed Dale Lynch as its new Chief Financial Officer. In his role, Lynch will be responsible for overseeing the company's global financial planning, accounting, legal, and corporate development functions. David A. Yovanno, CEO of impact.com, expressed enthusiasm about Lynch's appointment. Reflecting on his new role,...

Royal Agrifirm Group has appointed Stefan Bulthuis as its incoming Chief Financial Officer, effective April 1, 2024. He will succeed Margret Kleinsman, who has opted not to extend her term of office and will step down on March 31, 2024. Bulthuis embarked on his career as an accountant with Deloitte...

Tietoevry Banking, a leading force in the Nordic financial Software as a Service (SaaS) sector, has appointed Minna Smedsten as its new Chief Financial Officer. Minna Smedsten brings to the role nearly two decades of experience in the financial sector, with a career encompassing significant positions such as Group CFO...

Aston Martin, the renowned British luxury car manufacturer, is actively seeking a new CEO to steer the company through its financial difficulties. This potential move would mark the fourth change in leadership within four years for the company. The departing CEO, Amedeo Felisa, who assumed the position in May 2022,...

Zwift has announced a new round of workforce adjustments. This decision follows a previous reduction of 15% in 2023 and significant restructuring in 2022, which included the unsuccessful launch of the Tron Bike project. Leadership is also affected by these developments, as co-CEO Kurt Biedler has chosen to resign, leaving...

Fiabila has disclosed the appointment of Mr. Filippo Manucci as its incoming President and Chief Executive Officer, succeeding Mr. Pierre Miasnik, who has led the company since its inception and steered its growth for nearly five decades. The transition will take effect on March 1st, 2024. In December, private equity...