Banking and Finance

Northeast Bank (NASDAQ: NBN) has announced the appointment of Richard Cohen as its Chief Financial Officer, effective February 1, 2024. This move comes in succession to the departure of the current Chief Financial Officer, Jean-Pierre Lapointe. Richard Cohen, 51, brings a wealth of experience to the Bank, having served as...

On Thursday, PACS Group declared that Derick Apt will assume the role of the company's new Chief Financial Officer. In addition to his CFO duties, Apt will continue to spearhead the company's investment strategies. Apt succeeds Mark Hancock, the CFO since co-founding PACS in 2013. Hancock will transition into the...

Sunil Sharma has been appointed as the Chief Executive Officer for RGA Life Reinsurance Company of Canada India Branch (RGA India) by Reinsurance Group of America, Incorporated (RGA). This designation awaits approval from the Insurance Regulatory and Development Authority of India. With a career spanning over 30 years, Sharma has...

Sativus Tech Corp has unveiled Uri Ben-Or as its incoming Chief Financial Officer. Ben-Or is scheduled to assume his new responsibilities on January 1, 2024. Within Sativus Tech, Ben-Or will spearhead financial planning and operations, leveraging his extensive background of over 25 years in corporate finance, accounting, and operations within...

On January 25, Adani Power Limited (APL) disclosed a leadership transition, announcing the departure of its current Chief Financial Officer, Shailesh Sawa, who is set to assume a new role in Group Regulatory Engagement for the Adani portfolio of companies. The incoming CFO, Dilip Kumar Jha, is slated to take...

ECS has appointed Ryan Garner as its new Chief Financial Officer, entrusting him with the responsibility of overseeing the company's expansion. Garner's collaboration with the president of ECS will be pivotal in aligning financial strategies with the company's objectives. In his role, Garner will manage a spectrum of functions, including...

In a recent announcement on Thursday, Wells Fargo disclosed that it has increased the total compensation for CEO Charles Scharf in 2023 to a substantial $29 million. This comprehensive compensation package encompasses a base salary of $2.5 million and a variable compensation totaling $26.5 million. Within the variable component, $6.6...

Africa's largest oil refinery has initiated its production, marking the end of a prolonged anticipation for a facility that could enhance the refining capabilities of a region heavily dependent on imported petroleum goods. The Dangote Petroleum Refinery company, announcing the commencement of operations, disclosed that the $19 billion facility, boasting...

Inogen, Inc. (Nasdaq: INGN), a medical technology company specializing in innovative respiratory products for homecare, has announced the appointment of Michael Bourque as Chief Financial Officer, effective March 4, 2024. Mr. Bourque, previously Treasurer and CFO of Chase Corporation (formerly NYSE: CCF), currently owned by KKR & Co. Inc., will...

On January 22, 2024, Brian Robins, the Chief Financial Officer of GitLab Inc (NASDAQ: GTLB), carried out a sale of 75,000 shares in the company, as disclosed in a recent SEC filing. The transaction occurred at an average price of $70.59 per share, resulting in a total transaction value of...