Banking and Finance

Ulta Beauty (NASDAQ: ULTA), the leading specialty beauty retailer in the United States, announced that Scott Settersten, the Chief Financial Officer, Treasurer, and Assistant Secretary, will retire from the company on April 1, 2024, after a tenure of nearly 20 years. Paula Oyibo, currently serving as the Senior Vice President...

Mathew Cooper has been promoted to the position of CEO at AMA Group, effective immediately, amidst a series of leadership changes within the collision repairer. Carl Bizon, the former CEO, stepped down after the company's annual general meeting. Additionally, Caroline Waldron has taken over as Chairperson, succeeding Anthony Day, amid...

CFC, a global specialist in cyber insurance, has nominated Louise O’Shea to serve as its new Chief Executive Officer, pending approval from the FCA. This announcement comes after Lloyd’s completed an inquiry into claims of non-financial misconduct within the organization, resulting in the departure of David Walsh, the Group CEO,...

ASML (ASML.AS), a company valued at $278 billion, holds a pivotal position within the global chipmaking industry. In an announcement on Thursday, the Dutch conglomerate disclosed the retirement of Chief Executive Officer Peter Wennink, who has led the company for a decade. His successor, Christophe Fouquet, presently serving as the...

According to Sam Altman, OpenAI's CEO, Microsoft is set to assume a non-voting observer position on OpenAI's board. This move allows Microsoft's representatives to attend board meetings and access confidential information, but they won't possess voting rights concerning matters like director elections. Satya Nadella, Microsoft's CEO, who had previously recruited...

In today's job market, companies find themselves fighting over the same top talent for similar jobs. Jens Erik Gould, CEO of Amalga Group, says this has forced businesses to find new ways to both recruit solid employees and retain the ones they already have. With employees perhaps more willing than...

In today’s complicated and challenging work environments, leaders find themselves caught in a dilemma of unprecedented expectations. They are under enormous pressure to be transparent and open, demonstrate vulnerability, and encourage creativity while empathizing with the needs of their employees. This is already a formidable task, especially when you consider...

Are employers walking into a legal storm by enforcing rigid return-to-office (RTO) mandates? The post-pandemic era presents a unique challenge as employers grapple with shifting workforce dynamics. The insistence on a full return to the office, without considering individual circumstances, could lead to a surge in legal issues, particularly discrimination...

The early-stage venture capital firm Stormbreaker Ventures has announced two strategic partnerships with Mi Capital and Thermo Companies. These prominent companies have selected Stormbreaker out of multiple firms to invest in, recognizing its potential to fuel innovation in the dynamic mobility and wireless ecosystem sector. Stormbreaker Ventures and Glenn Lurie...

The amount of gold in the world is finite — unlike the amount of money issued by countries' central banks, which simply depends on those banks' economic goals. So when the value of a dollar, pound, or euro drops, the corresponding value of gold rises. That makes owning gold a...