Banking and Finance

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...

Barclays has announced the appointment of Michael Del Giudice as Chairman of the Financial Sponsors Group. Del Giudice will be based in New York and will report to Jean-Francois Astier, the Global Head of Financial Sponsors Group. Del Giudice brings more than 30 years of investment banking experience to Barclays....

GCC Global Capital Corporation (TSXV: GCCC.H), an Investment Issuer with a focus on real estate, natural resources, and high-tech industries,  has announced that Yonghong Hu has resigned from her positions as the Company's Chief Financial Officer and Corporate Secretary. Concurrently, the Company has appointed Zhizhen (Andrew) Liu as the new...

True has announced the appointment of Molly Gonzales as a partner in True Search’s Private Equity and Finance practices. Gonzales will leverage her extensive background as a former CFO, private equity operator, and experienced executive recruiter to serve True clients. True is the world's only tech and data-centric talent management...

FullSpeed Automotive, the parent company of flagship brands Grease Monkey®, SpeeDee Oil Change & Auto Service®, and Kwik Kar®, has recently promoted Jim Boswell to the position of Chief Financial Officer. Boswell initially joined FullSpeed in 2021 as the Vice President of Finance and has played a pivotal role in...