Banking and Finance

Light & Wonder has announced the promotion of Simon Johnson, previously senior vice president and international managing director, to CEO of its iGaming division. Johnson steps into the role following the departure of Dylan Slaney in November. Johnson, who joined Light & Wonder (formerly Scientific Games) in 2017, has played...

The formation of a new North American company, a spin-off led by Holcim, is set to take effect by the end of the first half of 2025, subject to shareholder and customary approvals. The Board of Directors for the new entity will consist of 10 members, with Jan Jenisch appointed...

Causeway Technologies, a UK-based construction software company, has announced the promotion of Chief Operating Officer Paul Devlin to Chief Executive Officer. Devlin succeeds Phil Brown, the company’s founder, who has taken on the role of Executive Chairman. In his new position, Brown will provide strategic support to Devlin and the...

Singapore-based offshore vessel operator Pacific Radiance has announced a leadership change, with founder and executive chairman Pang Yoke Min stepping into the role of CEO. He succeeds James Pang Wei Kuan, who transitioned to the position of Chief Strategy and Business Development Officer on January 9. In his new role,...

LGC, a UK-based global leader in life sciences measurement and tools, has announced Joydeep Goswami as its new president and CEO. He succeeds Euan O’Sullivan, who stepped down in early 2024 after 14 years of service to the organization. With over 25 years of international experience, Goswami brings a strong...

John Neal, CEO of Lloyd’s of London, is set to depart from his position in 2025. Neal, who has led the renowned British insurance group since 2018, will assume new roles as CEO of Aon’s reinsurance business and Global Chairman of Climate Solutions. During his tenure, Neal played a pivotal...

Thomas B. Meier has been appointed as the CEO of Jumeirah Group, where he will lead the company’s ambitious plan to double its portfolio by 2030. With a focus on international growth and reinforcing Jumeirah’s position as a global luxury hospitality leader, Meier brings significant expertise to the role, having...

Beginning March 1, 2025, Christoph Debus will assume the position of CEO at DERTOUR Group, an international tourism powerhouse employing over 10,000 professionals. In his new capacity, Debus will chair the Executive Board alongside Dr. Ingo Burmester (CEO of Central Europe), Patrick Lambertz (Group CFO), and Leif Vase Larsen (CEO...

The Supervisory Board of MAVIR, Hungary’s electricity transmission system operator (TSO), has announced the appointment of Ferenc Szarvas as Chief Executive Officer, effective January 1, 2025. Alongside his new role, Szarvas has also been elected as a member of the Board of Directors. Ferenc Szarvas, an accomplished economist, brings extensive...

Quantum-computing stocks suffered a dramatic sell-off following remarks by Nvidia CEO Jensen Huang, who suggested that practical applications of the technology remain decades away. Huang estimated that "very useful" quantum computers could become a reality within 20 years, a timeline that appears to have rattled investors. Shares of Rigetti Computing...