Banking and Finance

Pearson PLC confirmed that its new Chief Executive, Omar Abbosh, will assume his role on January 8, succeeding Andy Bird, who has led the company since 2020. Abbosh's appointment was announced in September, and he previously headed Microsoft Corp's Industry Solutions business. Bird, who spent 14 years at Walt Disney...

The new CEO of FMCG giant Unilever has unveiled a fresh strategy aimed at achieving "faster growth," acknowledging that the company has "underperformed" in recent times. Hein Schumacher, who took over from his predecessor Alan Jope in January, presented these plans to shareholders on October 26th. Unilever's strategy is of...

BuzzFeed, Inc. (Nasdaq: BZFD), a platform known for curating the best of the Internet, spanning pop culture, entertainment, shopping, food, and news, has officially announced the impending departure of its Chief Financial Officer, Felicia DellaFortuna, who is set to leave the company before the end of November to pursue a...

Strix Group, the Kettle safety controls group, revealed on Friday that its Chief Financial Officer, Raudres Wong, is planning to step down. Simultaneously, the company announced an agreed relaxation of its leverage covenant ratio. Wong, who possesses over three decades of international experience in corporate finance, will retire from her...

Albemarle Corporation (NYSE: ALB), a supplier of materials for the fields of mobility, energy, connectivity, and health, has announced the appointment of Neal Sheorey as its Executive Vice President and Chief Financial Officer, effective as of November 6, 2023. Concurrently, Scott Tozier, Albemarle's current Executive Vice President and Chief Financial...

Sonesta International Hotels Corp. has appointed Bob Gunkel as its new Chief Financial Officer (CFO), effective immediately. This announcement was made by the hotel company on Tuesday. Bob Gunkel, who previously served as the CFO of the Americas region at IHG Hotels & Resorts until 2014, brings a wealth of...

Atento S.A. appoints Álvaro Badiola Guerra as its new Chief Financial Officer, effective from October 30, 2023. As a member of the company's Executive Committee, Badiola will play a pivotal role in shaping the company's financial strategy and enhancing its market value. Sergio Passos, who served as CFO since June...

Ontex has announced the appointment of Geert Peeters as Chief Financial Officer, effective from December 1, 2023. Until recently, Peeters held the position of Group CFO at Greenyard. He has amassed significant experience through various finance director roles at organizations like Metallo Group (currently known as Aurubis) and has also...

Ryvid Inc. has announced the appointment of Diana Saadeh-Jajeh to the combined position of Chief Operating Officer (COO) and Chief Financial Officer (CFO). This dual role signifies Ryvid's dedication to enhancing operational efficiency and financial expertise as it enters a new phase of growth and innovation. Diana Saadeh-Jajeh brings a...

Crum & Forster’s Accident & Health Division, C&F, has introduced Joseph Muccia as its new Chief Financial Officer. Joseph Muccia was previously in the role of Vice President of Operations within the division, overseeing program claims, auditing, accounting, and reporting teams.In his new capacity as CFO, Muccia will continue to...