Banking and Finance

European luxury hotel company Kempinski Hotels has appointed Barbara Muckermann as its new CEO, effective immediately. Muckermann, who has extensive experience in the cruise industry, previously served as President and CEO of Silversea Cruises, a division of Royal Caribbean. Her 25-year career also includes leadership roles at MSC Cruises and...

Leggett & Platt (NYSE: LEG), a 141-year-old producer of engineered components, has announced that Karl Glassman has been appointed as the new President and Chief Executive Officer, effective immediately. Glassman, who will also continue to serve as Board Chairman, takes over following Mitch Dolloff's resignation from his role as CEO and Board member. Dolloff...

PwC recently published an article (“What’s important to CEOs in 2024”) on the five topics shaping the chief executive agenda in 2024. They call out the many factors of global and business instability: inflation, war, civil unrest, devastating storms, virtual worlds, board expertise, and artificial intelligence, all of which can...

A little over a year ago, US Treasury Secretary Janet Yellen confidently argued in a speech that the US had no intention of decoupling from China. She emphasized that a "full separation" of the economies would be "disastrous" for both nations. A week later, US National Security Adviser Jake Sullivan...

NVIDIA, a powerhouse in the artificial intelligence (AI) industry, will announce its earnings on May 22. Given its influential position, the upcoming report has the potential to significantly impact the entire AI market in the coming days and weeks. We will thoroughly examine the crucial indicators and analyze the specific...

In a world that's rapidly embracing the hybrid model as the norm, the essence of human connection in the workplace is undergoing a profound transformation. My recent conversation with Paul Sephton, Head of Brand Communications at Jabra, brought to light a pioneering study that unveils critical insights into this evolving...

The most recent World Migration Report by the United Nations states that India received the highest amount of remittances from abroad in 2022, with a total of $111 billion. This marks a significant milestone, as India is the first country to surpass the $100 billion threshold. India is far ahead...

Absolutely, according to a recent analysis.  Wait! What?   For the past two years, I have written about younger Americans, especially millennials, struggling to put food on the table and blaming Baby Boomers, politics, and the wealth gap for their ill-fated attempts to accumulate cash and rope in the American Dream. Their...

Whirlpool Corporation recently announced workforce reductions of 1,000 people globally, initially targeting office staff, amid a backdrop of shifting market dynamics. The company, grappling with sluggish demand and escalating manufacturing costs, witnessed a precipitous decline in its stock value, plummeting by over 11% following the news. CFO Jim Peters cited...

Sportradar Group AG has unveiled Craig Felenstein as its new Chief Financial Officer, effective June 1st, 2024. Felenstein brings with him a wealth of experience garnered from nearly three decades in senior finance and operational roles within US publicly listed companies across diverse industries such as media, entertainment, and digital...