Banking and Finance

In 2022, Grammarly/Harris Poll conducted a study that sounded an alarm. The findings revealed that companies in the US alone were losing $1.2 trillion annually because of ineffective communication. The following year, a second look confirmed what the researchers suspected: This problem won't improve anytime soon, mainly because most business...

On November 29, 2023, David Obstler, the Chief Financial Officer of Datadog Inc (NASDAQ: DDOG), sold 10,000 shares of the company's stock. David Obstler has been the CFO at Datadog Inc. since December 2019. Before joining Datadog, Obstler served as CFO in various technology firms. His expertise in the tech...

Provident Financial Holdings, Inc., listed on NASDAQ GS as PROV, serving as the holding entity for Provident Savings Bank, F.S.B., has announced the appointment of Tam B. Nguyen as Senior Vice President, Chief Financial Officer, and Corporate Secretary of both the Company and the Bank, effective January 2, 2024. This...

Sam Altman's recent reinstatement as OpenAI CEO after a brief dismissal coincided with the potential gains linked to the development of ChatGPT by the company, even in his absence. During his CEO tenure, OpenAI signed a letter of intent to invest $51 million in AI chips from Rain AI, a...

Alaska Airlines has entered into an agreement to acquire Hawaiian Airlines, a deal estimated at around $1.9 billion. The amalgamated entity will be headquartered in Seattle, the base of Alaska Airlines, and led by its current CEO, Ben Minicucci. Both airlines aim to integrate their resources while preserving their individual...

Denise Dettingmeijer has been appointed as the new Chief Financial Officer of Medical Solutions, commencing on December 1, 2023. She takes over from Dan Shedivy, who will continue supporting the company until early January to ensure a smooth transition. Headquartered in Omaha, Neb., Medical Solutions operates as one of the...

Nucleus Financial Platforms Group has appointed Alexander Filshie as its incoming Chief Financial Officer, pending regulatory approval. Effective immediately, Filshie assumes this role from Mike Regan, who transitions, as previously announced, to the position of Chief Commercial Officer. Regan, in turn, succeeds Alex Kovach, who will depart by year-end. Filshie...

E&P Financial Group has expedited the appointment of its new Chief Executive and Managing Director. Initially scheduled for the beginning of 2024, Ben Keeble's assumption of this role will now begin this month, ahead of the previously planned timeline. Keeble, formerly the managing director of E&P Capital, the corporate and...

Lundin Mining Corporation (TSX: LUN) (Nasdaq Stockholm: LUMI) has provided an update on its CEO transition plan, sharing that Jack Lundin will now formally step into the role of Chief Executive Officer, effective immediately, following the Board of Directors' agreement. Additionally, Mr. Lundin is set to join the Board on...

Patrick Frost, the CEO of Swiss Life (SLHN.S), is set to step down from his position in May 2024, as announced by Switzerland's largest life insurer on Monday. Having served as CEO for a decade, Frost will be succeeded by Matthias Aellig, the current Chief Financial Officer (CFO) of Swiss...