Banking and Finance

PIL (Pacific International Lines) has officially announced the retirement of Klaus Ku, who has served as the Managing Director of PIL China. Taking over his position is Anderson Luo, who has a previous work history with Maersk. Effective November 3, 2023, Klaus Ku has taken on the role of Advisor...

Dish Network announced that its CEO, Erik Carlson, will resign on November 12, just ahead of the company's merger with EchoStar, its sister company specializing in providing broadband services via satellites. This decision came following a significant decline in satellite TV customers. In its earnings report released on November 6,...

Italian classification society RINA has announced the appointment of Carlo Luzzatto as its new CEO, succeeding the long-time chief, Ugo Salerno. Luzzatto will assume the role of CEO at RINA by the end of 2023, coinciding with Fondo Italiano d'Investimento's acquisition of a minority stake, up to 33%, in the...

The founder and CEO of the dating app Bumble, Whitney Wolfe Herd, will step down from her position early next year. Bumble is known for its approach that requires women to initiate conversations with potential dating matches. Wolfe Herd established the company in 2014 with the goal of creating a...

The newly announced leadership change at Bed Bath & Beyond was confirmed on Monday when CEO Jonathan Johnson stepped down from his role. This decision came just days after activist hedge fund JAT Capital, which owns a 9.6% stake in the company, publicly called for Johnson's removal. In a letter...

Jakob Angele, who served as Foodpanda's CEO for an extended period, resigned from his position in mid-October. He has been succeeded by John Fang, who previously held the position of chief international officer at the food delivery company. Delivery Hero, the parent company of Foodpanda, has not made any public...

Starbucks (SBUX) intends to continue expanding its presence in California as the state implements a new, higher minimum wage. Starbucks CFO Rachel Ruggeri expressed the company's strong commitment to its markets and businesses, including its real estate holdings in California. California's FAST Act, which raises the starting wage for fast...

The Vice Chairman and CFO of State Street Corporation (NYSE: STT), Eric Aboaf, divested 10,000 shares of the company on November 1, 2023. This action is part of a broader trend for the insider, who has sold a total of 33,785 shares over the past year and made no purchases....

The Board of Directors of Cattle Australia (CA) has announced the appointment of a full-time Chief Executive Officer, effective from November 15. Dr. Chris Parker, well-known in the industry for his recent role as First Assistant Secretary Biosecurity Animal Division and National Animal Disease Preparedness Coordinator within the Australian Department...

Isabelle Winkles, the Chief Financial Officer of Braze Inc (NASDAQ: BRZE), sold 5,000 shares of the company on November 1, 2023. This transaction is part of a series of insider sales that have occurred over the past year. Braze Inc. is a prominent technology company that specializes in providing a...