Banking and Finance

On October 17th, Capella Space announced that Payam Banazadeh, the co-founder of the synthetic aperture radar (SAR) imaging company, would step down as CEO, effective October 23rd, but would remain on the company's board of directors. His successor will be Frank Backes, who is currently a senior vice president at...

Tupperware made significant changes on Tuesday by naming Laurie Ann Goldman as its new CEO to address recent challenges. On Tuesday, the company's shares rose by 8% to close at $2.18. However, it's worth noting that the stock has experienced a 47% decline throughout the year, resulting in a market...

MTL Cannabis Corp., based in Ontario and the parent company of several Canadian cannabis companies, has named Jason Nalewany as its Chief Financial Officer, replacing Peili Miao. MTL Cannabis, previously known as Canada House Cannabis Group, owns the following subsidiaries: Montréal Medical Cannabis Inc., Abba Medix Corp., IsoCanMed Inc., and...

On Monday, WeWork Inc. announced David Tolley's appointment as its new Chief Executive Officer. Tolley has been a member of the company's board of directors since February 2023 and has been serving as the interim Chief Executive Officer since May. "WeWork’s ability to define and lead an evolving world of...

Snap's shares surged by nearly 12% on Monday after news of an internal CEO memo hinting at better-than-expected results for 2024. Evan Spiegel, the co-founder and CEO of the company, communicated in a memo sent in September that they might exceed 475 million daily active users in 2024, surpassing analysts' projections...

The Giant Company made an official announcement, appointing Rebecca Lupfer as Chief Financial Officer and Dave Lessard as Senior Vice President of Operations, Customer Experience, and Perishable Distribution. Both of them will report directly to The Giant Company's President, John Ruane. Their appointments are effective starting Monday, October 16. In...

In New York, Innovid, a digital video ad and analytics technology firm, has appointed Anthony Callini as CFO. He is replacing Tanya Andreev-Kaspin, who will be 'pursuing other opportunities' following a six-month transition period. The company also reported unaudited Q3 revenue of approximately $36 million, surpassing earlier forecasts. Innovid's platform...

Following the successful acquisition of Activision Blizzard by Microsoft, Bobby Kotick has confirmed that he will continue as CEO until the end of 2023. In a letter addressed to the employees of the company, Kotick expressed his commitment to aiding in the forthcoming transition period and frequently mentioned the Head...

The board of directors at Swedish textile recycling company Renewcell has decided to remove CEO Patrik Lundström due to significantly lower-than-expected sales of the company's Circulose pulp. They have appointed a new acting CEO to replace him. Magnus Håkansson, who most recently served as the CEO of electronics retailer MediaMarkt...

Barclays Plc is set to announce Geoffrey Belsher as its new President and CEO for Canada, a seasoned Canadian investment banker. Belsher, with a history of senior positions at the Canadian Imperial Bank of Commerce and Lehman Brothers in Canada, is commencing his new role on Monday, as reported by...