Banking and Finance

As the curtains draw on his tenure, Wouter Kolk, the leading figure in Ahold Delhaize's European and Indonesian operations, has announced his departure by year's end, as stated by the group. Kolk's journey with Ahold commenced in 1991 as a management trainee, charting a dynamic course through various roles within...

The Good Glamm Group, South Asia's premier direct-to-consumer (DTC) beauty and personal care conglomerate, has announced the appointment of Kamal Lath as its Group Chief Financial Officer. With a distinguished academic background and over 23 years of global experience spanning diverse industries, Kamal brings a wealth of expertise in finance,...

After five years at the helm, Travis Perkins chief executive Nick Roberts has announced his decision to step down, pending the appointment of a successor. Roberts, who joined the company in July 2019, led Travis Perkins through the challenges of the COVID-19 pandemic, following a successful career at consulting engineer...

The Timken Company (NYSE: TKR) has revealed its leadership succession plan with the appointment of Tarak Mehta as the next President and Chief Executive Officer, effective September 5, 2024. With sales of $4.8 billion in 2023 and a global workforce of over 19,000 employees, Timken operates in 45 countries. Mehta,...

Over the weekend, a Bitcoin address ranked among the top five wealthiest in the cryptocurrency ecosystem transferred $6 billion worth of the asset to three newly created wallets, igniting speculation and interest within the crypto community. The transfer, facilitated by blockchain analytics firm Arkham, involved splitting the initial 94,500 BTC...

Investcorp has announced the appointment of Mr. Abbas Rizvi as its Group Chief Financial Officer, effective April 1st, 2024. Rizvi's appointment follows the decision of Investcorp's current CFO, Mr. Jan Erik Back, to retire. Rizvi expressed his honor and excitement in assuming the role of CFO, emphasizing his deep commitment...

Resynergi Inc. has appointed Jens Umehag as its new Chief Operating Officer and Chief Financial Officer. As COO and CFO, Umehag will play a pivotal role in shaping Resynergi's growth strategy, overseeing business operations, and spearheading financial initiatives. Reporting directly to CEO Brian Bauer, Umehag will lead efforts to optimize...

Rave Restaurant Group unveiled a series of executive appointments, including the naming of Jay Rooney as Chief Financial Officer. The Dallas-based company made the announcement on Tuesday, showcasing its commitment to strategic leadership and operational excellence. In addition to Rooney's appointment, Rave Restaurant Group announced several other key executive hires,...

ZZ Inc. (NYSE: AZZ) has disclosed significant leadership changes with the retirement of Mr. Philip Schlom, Chief Financial Officer of AZZ. Mr. Schlom will step down from his position upon the completion of his current agreement on November 4, 2024. In his stead, Mr. Jason Crawford, Senior Vice President -...

In a recent statement, Nokian Tyres, the prominent Finnish company, disclosed that its CEO, Jukka Moisio, will be stepping down from his position sometime in 2024. Moisio, a figure at the helm since 2020, has been instrumental in guiding the company through various strategic endeavors. Acknowledging Moisio's impending retirement, Nokian's...