Banking and Finance

Long-time CEO of America's Car-Mart, Jeff Williams, announced his departure on Tuesday. This announcement coincided with the release of the company's first-quarter financial results, which fell short of earnings estimates primarily due to loan losses. Williams, who previously held the positions of Chief Financial Officer and President, took over as...

Chris Comparato, who has held the position of CEO since 2015, informed the board of the restaurant payments company on Friday of his decision to step down from his leadership roles effective January 1st. Toast, the restaurant point-of-sale company, announced on Tuesday that CEO Chris Comparato will be relinquishing his...

Illumina's board has appointed Jacob Thaysen as the new CEO of the DNA sequencing company. Thaysen, a 48-year-old executive with a long history at the medical devices firm Agilent, is set to assume the role of CEO on September 25th. This appointment follows a period of contention involving a proxy...

Avianca Airlines has appointed Frederico Pedreira, who previously served as Chief Operating Officer since 2021, to the role of Deputy CEO, effective immediately. The airline made this announcement on Tuesday. In his new capacity, Pedreira's responsibilities will encompass various areas, including operations, human resources, technology, corporate communications, customer service, and...

Deltek has appointed Dean Tilsley as its new Chief Financial Officer (CFO). In his new role, Mr. Tilsley will be responsible for overseeing the financial management of the company and will report directly to CEO Mike Corkery. Mike Corkery expressed his enthusiasm about Dean Tilsley joining the Deltek executive team,...

Tushar Kale has assumed the position of Chief Financial Officer at Clime Investment Management, starting on 4 September 2023. He succeeds Andrew Plum, who served as the interim CFO during a six-month probationary period beginning in December 2022. Plum departed from the company on 30 June, after which the firm...

Mashreq Bank has announced the appointment of Norman Tambach as its new Chief Financial Officer (CFO). With more than 30 years of experience, Tambach, a Dutch national and former KPMG partner, will take on this role at the Dubai-based bank. His responsibilities will include overseeing Mashreq's AED 3.7 billion revenue...

Mrs Bectors Food Speciality company announced the appointment of Arnav Jain as its Chief Financial Officer following the company's board meeting on September 4. In a regulatory filing, the company stated, "As recommended by the Nomination and Remuneration Committee, Board has appointed Mr. Arnav Jain as Chief Financial Officer of...

TASK Group Holdings Limited has officially named Mr. Glenn Day as the Chief Financial Officer, effective immediately. Mr. Day brings a wealth of experience, spanning over two decades, as a senior finance executive with a diverse background in software, financial services, and superannuation sectors. Notably, his most recent roles included...

Sport and fashion brand Lacoste has announced the appointment of Christoph Weller as the Chief Executive for the Central and Northern Europe region. Weller will be taking over from Marcus Meyer and will be a valuable addition to the Lacoste EMEA management team. In his new role, he will be...