Banking and Finance

Biocon Ltd, a leader in biotechnology, has announced the appointment of Peter Bains as the company's Group Chief Executive Officer, effective immediately. Bains, who had been serving as an independent director on the Biocon board since December of the previous year, resigned from that role on Monday to assume his...

Cooley, a Silicon Valley-founded law firm, announced on Monday that Rachel Proffitt will assume the role of the firm's next Chief Executive Officer (CEO), taking over from its longtime leader, Joe Conroy. Rachel Proffitt, currently heading Cooley's San Francisco corporate practice and serving as a member of the firm's board...

Nihar Malaviya has been appointed as the permanent CEO of Penguin Random House following his nine-month tenure as interim chief executive. Malaviya took over the role from Markus Dohle, who left shortly after a federal judge invalidated Penguin Random House's attempt to merge with Simon & Schuster, a deal that...

Heather Reisman has returned to lead Indigo Books and Music Inc., the company she originally founded, following a series of executive changes and recent challenges. The company announced that Reisman has reassumed the role of CEO after the departure of the outgoing chief executive, Peter Ruis, which was announced a...

STARS Air Ambulance welcomed its new President and CEO on Monday. Katherine Emberly was previously announced as the successor to the former President and CEO, Andrea Robertson, earlier this spring. In a statement released on Monday, Emberly expressed her enthusiasm, saying, "I'm very excited and humbled to have a role...

Alyssa Henry, who currently serves as the CEO of Square, a subsidiary of Block, is set to leave her position at the company next month. The announcement of her departure was made through a regulatory filing on Monday. Alyssa Henry has been part of the Block organization for more than...

Shares in Societe Generale, a French bank (OTC: SCGLY), saw a 7.1% decline during early trading on Monday. This drop followed the bank's announcement of its strategic plan for the period up to 2026, which marks a departure from its previous five-year plan spanning from 2021 to 2025. The new...

In a surprising move, Planet Fitness announced the removal of longtime company executive Chris Rondeau from his position as CEO, as stated in a press release on Friday. Following this announcement, the company's shares closed nearly 16% lower, reaching a 52-week low. Planet Fitness indicated that they are actively searching...

Diversified Energy Company PLC (LSE: DEC, OTCQX: DECPF) has announced the resignation of Eric Williams, the Chief Financial Officer, as he pursues new professional opportunities. Williams will remain with the company until the end of September 2023 to facilitate a seamless transition of leadership. In light of this change, Brad...

SBI General Insurance has announced the appointment of Jitendra Attra as its new Chief Financial Officer (CFO) with immediate effect. Before taking up this role, Attra served as the CFO and Executive Vice President at Zuno General Insurance. His professional journey also includes significant roles at organizations such as Deloitte...