Banking and Finance

In a significant move, the Supervisory Board of Deutsche Börse has appointed Stephan Leithner as the incoming Chief Executive Officer, marking a pivotal transition in leadership. With a wealth of experience in capital markets and a distinguished career trajectory, Leithner is poised to steer the company into its next chapter...

Following remarks made by McDonald's Chief Financial Officer Ian Borden during an investor conference, the fast-food giant experienced a nearly 4% drop in share value on Wednesday. Borden highlighted a concerning trend: lower-income customers are opting to dine out less frequently, a behavior potentially influenced by inflation worries and diminished...

A recent disclosure filed with the Securities and Exchange Commission revealed that Steven Vattuone, the Chief Financial Officer of ON24 Inc. (NYSE: ONTF), offloaded 26,460 company shares on March 13, 2024. The transaction, executed at an average price of $6.63 per share, amounted to a total value of $175,498.80. As...

In the wake of Matches' recent descent into administration, CEO Nick Beighton and CFO Dave Murray have both bid farewell to the renowned fashion retailer, marking the end of their tenures amidst challenging circumstances. The administration move came swiftly after Shirebrook-based Frasers Group's acquisition of Matches for approximately $67 million,...

Daimler India Commercial Vehicles (DICV) announced on Thursday the appointment of Alexander Schoen as its new Chief Financial Officer, effective March 1, 2024, ushering in a new era of financial stewardship and strategic leadership. Schoen's mandate extends beyond conventional financial management as he will be tasked with steering DICV's financial...

Roland Friederich, a stalwart of the Züblin Group for 15 years, has tendered his resignation as CEO/CFO, effective September 30, 2024, signaling the end of an era marked by remarkable achievements and steadfast leadership. In light of Friederich's impending departure, the Board of Directors has initiated the search for his...

Channel 4, amidst a significant restructuring effort involving a 250-staff layoff program, has appointed Lucy Thomas as its Chief Financial Officer, signaling a strategic shift in its leadership amid challenging market conditions. Thomas, assuming an expanded CFO role, joins Channel 4 as the network navigates through a period of transformation...

US Strategic Metals, a prominent player in the battery metals production and recycling sector, has unveiled the appointment of Thomas M. Boehlert as its new Chief Financial Officer. Boehlert's illustrious career and extensive expertise position him to spearhead the company's financial health and strategic endeavors. Boehlert brings a wealth of...

The renowned sports apparel juggernaut Under Armour, has announced a seismic leadership shift aimed at reigniting the company's momentum amidst challenging times. Founder Kevin Plank, a visionary in the athletic wear industry, is set to reassume the role of Chief Executive Officer, marking a pivotal moment in the company's journey....

Adam Rytenskild, the CEO of Tabcorp, has resigned from his position following an internal investigation into his conduct towards an individual outside the company. Allegations surfaced suggesting the use of inappropriate and offensive language, prompting the board to initiate an inquiry. In light of his departure, Rytenskild will only receive...