Banking and Finance

Bjørn Ivar Moen has announced that he will step down as CEO of Telenor Sweden at the end of the year. The company indicated that a new CEO will be appointed soon, with recruitment efforts already in progress. Reflecting on his tenure, Moen acknowledged the past three years as a...

The Michaels Companies, Inc. recently announced that Ashley Buchanan will step down as Chief Executive Officer and member of the Board of Directors, with his departure effective January 15, 2025. The search for a successor is already underway, with the Board of Directors enlisting the assistance of Spencer Stuart, a...

MultiChoice CEO Marc Jury has announced that he will be stepping down from his role at the South African pay-TV operator at the end of March 2025. Jury, who has held the CEO position for approximately 18 months, transitioned to the role from his previous position as CEO of SuperSport,...

Patrick Stewart has been named as the new Chief Executive Officer of Rangers and will officially assume the role on December 16. Stewart previously held the same position on an interim basis at Manchester United, where he served in a variety of senior roles over an 18-year tenure at Old...

NBN Co has appointed board member Kevin Russell as interim chair, beginning on January 1, 2025. He will take over from Kate McKenzie at the Australian government-owned broadband provider. In a statement, the government clarified that Russell’s interim appointment is intended to maintain continuity on the board until a permanent...

Bestseller India's CEO and Country Head, Vineet Gautam, will step down from his position at the end of December this year. Gautam, who joined the clothing retailer in 2010, played a key role in introducing popular brands like Jack & Jones, Vero Moda, Only, and Selected Homme to the Indian...

Barclays has reportedly sought the assistance of former CEO John Varley to contest a $50 million fine. The British banking giant is set to appear before the upper tribunal in London this week to challenge the penalty related to an emergency fundraising involving Qatari investors during the peak of the...

Peter Carlsson has resigned as CEO of Swedish battery manufacturer Northvolt, just one day after the company filed for Chapter 11 bankruptcy protection in the United States. Carlsson, who co-founded Northvolt in 2016, has led the company since its inception. On November 21, 2024, Northvolt announced that it had voluntarily...

Mooreast Holdings Ltd, a Singapore-based specialist in mooring solutions, has announced that Eirik Ellingsen will take over as Chief Executive Officer, effective January 1, 2025. Ellingsen, a seasoned professional from Norway with over 35 years of experience in the offshore and marine sectors, will succeed the company's founder, Sim Koon...

On Monday, shares of several Apple Inc. suppliers in China saw significant gains following a speech by CEO Tim Cook at a major conference in Beijing. Cook spoke favorably about China's role in Apple's success, which led to a surge in the stock prices of companies closely tied to Apple's...