Banking and Finance

The real estate investment trust, based in Newton, MA, revealed that President and CEO Jennifer Francis would step down from her roles at Diversified Healthcare Trust (DHC) and The RMR Group on December 31, retiring from RMR on July 1. Christopher Bilotto, currently an Executive Vice President at The RMR...

The Cover-More Group is set to enlist a new Group CEO following Cara Morton's appointment as Chief of Zurich Global Ventures, effective February. Ms. Morton, currently based in Sydney, will retain her position as the CEO of Zurich's Cover-More travel division until her successor at Cover-More is chosen. Upon assuming...

Kyle Vogt, the CEO and co-founder of Cruise, an autonomous vehicle venture under General Motors, resigned from his position on Sunday. The role of president and CTO for Cruise will now be assumed by Mo Elshenawy, who previously held the position of Executive Vice President of engineering at the company....

Kelly Bayer Rosmarin has stepped down from her position as the CEO of Optus following a significant nationwide outage that disrupted phone and internet services for a prolonged period recently. Singtel, Optus’s parent company, released a statement on Monday morning confirming Bayer Rosmarin’s resignation. She cited her appearance at a...

OpenAI recently announced the appointment of Emmett Shear, former head of Twitch, as its new CEO, succeeding Sam Altman. This decision followed a sudden change in leadership, with Altman being ousted due to alleged communication issues with the board. Emmett Shear, previously CEO of Twitch and a co-founder of Justin.tv,...

The tug-of-war between office work and remote work has come to an end. And the winner is—hybrid. The upheaval caused by the Covid-19 pandemic is in the rear view mirror, and now that the dust has begun to settle it’s obvious that a partnership between working in the office and...

In their heyday, these brands were the epitome of excellence in their respective fields, with their names, products, and logos instantly recognizable to people all over the world. However, despite their immense popularity and widespread acclaim, they eventually experienced a decline in their fortunes. Due to factors like competitive pressures,...

During the Asia-Pacific Economic Cooperation (APEC) CEO summit, Google CEO Sundar Pichai drew a parallel between artificial intelligence (AI) and climate change. He highlighted the global impact of AI, emphasizing that any mishap in one country could affect others. Pichai stressed the necessity for global regulations. Pichai likened the proliferation...

VesselMan has announced the appointment of Frank Olsen as the new Chief Executive Officer. Frank's appointment as CEO enables founder Stig Linna to refocus on product development, enhancing the platform and collaboratively constructing more intelligent solutions alongside our clients. Stig will continue to dedicate himself to VesselMan as the COO...

LiveRamp (NYSE: RAMP) has announced the appointment of Lauren Dillard as Chief Financial Officer. As CFO, Dillard will oversee LiveRamp’s financial operations, encompassing treasury, tax, accounting, investor relations, and field operations, reporting directly to CEO Scott Howe. Scott Howe commented, "It is no coincidence we announce Lauren’s promotion following a...