Banking and Finance

The dawn broke with a surprising twist in Silicon Valley as Synaptics Inc., a prominent semiconductor manufacturer, announced the sudden resignation of its Chief Financial Officer, Dean Butler, effective immediately. The news sent ripples through the corridors of Synaptics' headquarters, eliciting a blend of astonishment and anticipation among employees and...

European LifeCare Group (ELCG), a prominent portfolio company of Inflexion and Europe's leading independent provider of travel clinics and vaccinations, has announced the appointment of Brian Bisgaard as its new Group Chief Financial Officer. As Group CFO, Bisgaard will assume responsibility for overseeing the leadership and development of the group's...

Silicon Labs, a pioneering force in secure and intelligent wireless technology, has unveiled the appointment of Dean Butler as Senior Vice President and Chief Financial Officer, effective May 15, 2024. In his new capacity, Butler will spearhead Silicon Labs' financial strategy and oversee the global finance organization, succeeding Mark Mauldin,...

Royal Philips (NYSE: PHG, AEX: PHIA) has announced the proposal to appoint Charlotte Hanneman as a member of the Board of Management, assuming the pivotal role of Chief Financial Officer effective October 1, 2024. The proposal, slated for submission to the Annual General Meeting of Shareholders (AGM) on May 7,...

Lockton, the esteemed independent insurance broker, has announced the return of Executive Chairman Ron Lockton to the position of Chief Executive Officer, marking a significant transition in the company's leadership structure. The decision, mutually agreed upon by the Lockton Board of Directors, Ron Lockton, and former CEO Peter Clune, signifies...

K2 Insurance Services, a distinguished independent specialty insurer, has unveiled its latest strategic move with the appointment of Richard Coello as the new CEO of K2 Group Holdings Limited (K2 International), effective March 1, 2024. Bob Kimmel, CEO and co-founder of K2 Insurance Services, expressed confidence in Coello's ability to...

SunPower has undergone significant changes as CEO Peter Faricy departs from his position, marking a pivotal moment in the company's trajectory. In an official statement released by SunPower, it was disclosed that Faricy's departure occurred on 26 February 2024, although the reasons behind his exit were not explicitly mentioned. The...

The Internal Revenue Service (IRS) is expected to further combat tax evasion among millionaires and billionaires, who are estimated to evade over $150 billion in taxes annually. With increased funding from Congress, the IRS is set to ramp up scrutiny on wealthy taxpayers, including large corporations. Audit rates for taxpayers...

Avanse Financial Services, a leading force in education financing, has appointed Vikrant Gandhi as its Chief Financial Officer. With a career of over 28 years across diverse sectors, including Banking, Financial Services, Insurance (BFSI), automobile, and consumer brands, Gandhi's latest role places him at the forefront of Avanse's financial strategizing...

Northwest Bancshares, Inc. (NASDAQ: NWBI) and its subsidiary Northwest Bank has announced the appointment of Douglas M. Schosser as Chief Financial Officer, effective March 18, 2024. Schosser will succeed William W. Harvey, Jr., who disclosed his retirement plans last autumn. His transition into the role will involve close collaboration with...