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Thursday, November 7, 2024

Banking and Finance

Banking and Finance

Iceland Seafood International CFO to Step Down

Iceland Seafood International (ISI) has revealed that Reynir Jonsson, the company's CFO, will be stepping down in March 2024. This news follows the departure of ISI CEO Bjarni Ármannsson in September 2023 after a five-year tenure. Ármannsson was replaced by former Brim COO Ægir Páll Friðbertsson. Commenting on Jonsson's departure,...
Banking and Finance

Hard Times for Pilgrim’s Pride

A federal judge made a partial dismissal of a shareholder's lawsuit against Pilgrim's Pride, a chicken producer, removing the current CEO from the legal proceedings while allowing claims against both the company and its former CEO to move forward. Pilgrim's Pride coordinated its broiler chicken prices with competitors Tyson and...
Banking and Finance

Serhat Sogukpinar Becomes CEO at Istanbul’s Sabiha Gokcen Airport

A Turkey-based IC Holding executive, Serhat Sogukpinar, has been named the Chief Executive of Istanbul's Sabiha Gokcen airport following a collaboration agreement between Malaysia Airports Holdings Berhad (MAHB.KL) and IC Holding. Sogukpinar, with prior experience overseeing airport operations in Turkey's Antalya and Ankara, spearheaded various projects both domestically and internationally...
Banking and Finance

Wipro Sues Former CFO

Wipro, India's third-largest software services exporter, has taken legal action against its former Chief Financial Officer, Jatin Dalal, in the Bengaluru civil court. In response, Dalal has swiftly filed an application asking the court to refer the matter to arbitration. The specific reasons prompting the lawsuit remain unclear. Both Wipro,...
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