Banking and Finance

Strategic Evaluation: As stated in the previous article on diagnostics, with the business and family encountering multiple challenges due to VUCA situations, there's a strong need for the business and the family to get a strategic lift. Most family-owned and family-controlled under the current circumstances of conflict seem inevitable to convex...

Specialist flooring manufacturer Airea has introduced a new Chief Financial Officer to its team. Conleth Campbell assumed the role of CFO and Executive Director on October 2, 2023, becoming part of the company's board. Prior to joining Airea, Campbell served as the Group Financial Controller at Genuit Group, a publicly...

Chipmaker Intel announced on Tuesday its plan to operate its programmable chip unit as a standalone business starting in January. The company also intends to hold a public offering for stock in this new business over the next two to three years. Following this announcement, Intel's shares increased by more...

RealReal, the online luxury resale marketplace, recently announced the impending departure of its Chief Financial Officer, Robert Julian, after his two-year tenure in the role. This decision will take effect on January 31 or upon the appointment of a new CFO. Should the selection of a new CFO occur before...

According to an announcement of Helen of Troy via a Securities and Exchange Commission filing on Wednesday, Brian Grass, who initially assumed the role of CFO on an interim basis in April, has been appointed as the permanent CFO, effective September 23. Brian Grass, aged 53, previously held the position...

Nick Hawkins, the Managing Director and CEO of IAG, has appointed William McDonnell as the Chief Financial Officer of IAG, effective from December 11, 2023, subject to regulatory approval. IAG's current CFO, Michelle McPherson, who announced her retirement in May, will continue with the company until the end of the...

Unite Group PLC announced on Thursday that its Chief Executive Officer, Richard Smith, will step down at the end of the year. Smith has been at the helm of the student accommodation provider since 2016 and has been with the company for a total of 13 years. During his tenure,...

Otter Tail Corporation (Nasdaq: OTTR) announced the retirement of Kevin Moug from his role at the company on December 31 after 27 years. Effective January 1, 2024, Todd Wahlund will step into the position of Vice President and Chief Financial Officer, succeeding Moug. Charles MacFarlane, Chief Executive Officer of Otter...

During its meeting on October 3rd, 2023, the Board of Directors of Atos, following the recommendations of the Nominations and Governance Committee, appointed Yves Bernaert as the Chief Executive Officer of the Atos Group. This appointment is effective immediately, and his nomination as a Director of the Board of Directors...

Apple's CEO, Tim Cook, recently executed his largest sale of the company's stock in over two years, coinciding with a decline in the value of the tech giant's shares since their peak earlier this summer. According to a regulatory filing, Cook disclosed that he sold 511,000 shares of Apple stock...