Banking and Finance

Dollarama Inc. (TSX: DOL) announced the appointment of Patrick Bui as Chief Financial Officer effective December 18, 2023. Dollarama is a well-known Canadian value retailer offering a wide array of consumable products, general merchandise, and seasonal items both in-store and online. Additionally, Dollarama has 1,525 locations across Canada and holds...

Over the past 90 days, Johann Rupert, South Africa's wealthiest and the second-richest person in Africa, has seen his net worth shrink significantly by $3.9 billion. On 16 July 2023, Johann Rupert's wealth was estimated at 14.4 billion dollars. Since then, it's decreased significantly to 10.5 billion dollars, a drop of...

Since Thursday, billionaire Elon Musk has experienced a reduction in his fortune of more than US$22 billion due to Tesla's disappointing third-quarter financial results, which hurt stock prices. The decrease in net worth to $204 billion is monumental, and further reduces the wealth gap between Musk and Bernard Arnault, the...

Mentioning sports that bring a great deal of wealth to athletes, basketball is undoubtedly at the top of that list. This sport enjoys great fame in the United States and is followed by many people in other parts of the world. It's projected that by 2023, the global market value...

Frontier Group Holdings has appointed its longtime Chief Financial Officer, James Dempsey, as the President of the company. The parent company of Denver-based Frontier Airlines made this announcement on October 19th. Dempsey will transition into his new role as President, and the current Chief Accounting Officer, Mark Mitchell, will take...

Viavi Solutions Inc. (NASDAQ: VIAV) has announced the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer, effective November 7, 2023. In this role, Mr. Daskal will report to President and Chief Executive Officer Oleg Khaykin. Oleg Khaykin expressed his satisfaction with Ilan's appointment, saying, "I am...

Vista Outdoor Inc. (NYSE: VSTO) has announced that Andy Keegan, the current Vice President and interim Chief Financial Officer, will assume the role of CFO for Revelyst upon the planned separation of Vista Outdoor's Outdoor Products segment into an independent public company. Keegan will continue to serve as Vice President...

Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), has announced that Chantelle Breithaupt will be stepping down from her role as Chief Financial Officer to pursue another opportunity. Ms. Breithaupt will continue in her role through December 31, 2023. In the event a permanent CFO has not been named, Christopher Stagno, currently...

Air Industries Group (NYSE American: AIRI) has announced the appointment of Scott Glassman as the Chief Financial Officer, Principal Accounting Officer, and Secretary of the Company and its subsidiaries. Mr. Glassman, aged 46, has been serving as the Company's Chief Accounting Officer since 2019. Scott Glassman succeeds Michael Recca, aged...

Insignia Financial (ASX: IFL) has officially announced the forthcoming departure of its long-serving CEO, Renato Mota, at the end of February 2024. This decision was made through mutual agreement. Insignia Financial's Chairman, Allan Griffiths, confirmed that the search for the next CEO has already been initiated. Mr. Mota, who has...