Banking and Finance

In a strategic maneuver at the helm of Meati Foods, Phil Graves, who has recently been appointed to serve as Chief Financial Officer, has been named Chief Executive Officer. This move, announced shortly after the onset of February, marks a pivotal moment for the alternative protein manufacturer as it recalibrates...

The stock market is a huge store of wealth.  As of January 1, 2024, the U.S. stock market was valued at $50.8 trillion (combining the New York Stock Exchange, Nasdaq, and Over The Counter U.S.).  That’s enough money to pay off the federal government’s massive debt burden and still leave...

As of November 26, 2024, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $261 billion. Following it are CATL (CONTEMPORARY AMPEREX TECHNOLOGY) ($160 billion) and CHINA MERCHANTS BANK CO., LTD.($124 billion). Which one is the most valuable in China by market cap? This list...

Genesis Energy's Chief Financial Officer, James Spence, is set to leave the company on May 24, citing family reasons, as he prepares to embark on a new role in Australia. Genesis Energy has initiated the recruitment process for a new CFO, aiming to ensure continuity and leadership in its financial...

In a significant development, YT Industries has announced the return of founder Markus Flossmann to the role of CEO, succeeding Sam Nicols, who has stepped down from the position. In a concise press release, YT Industries confirmed the departure of Sam Nicols and the reappointment of Markus Flossmann as CEO....

Nicolas Bertrand, the CEO of Komainu, a crypto custody firm backed by Nomura, has resigned from his position "with immediate effect," according to a spokesperson from the company. This development comes shortly after Komainu outlined an optimistic future in its 2024 Custody Outlook report, detailing plans for a multi-custodian off-exchange...

After nearly four years at the helm, Jayne Hrdlicka has stepped down as CEO of Virgin Australia, marking the end of her tenure with the airline. Hrdlicka, who assumed the role of Virgin Australia's first female CEO in November 2020 following its acquisition by private equity firm Bain Capital, cited...

Kris Hagerman, CEO of cybersecurity giant Sophos, has resigned from his position after over a decade at the helm, the company announced on Thursday. Hagerman's departure, effective immediately, sees Sophos President Joe Levy stepping in as acting CEO alongside his current responsibilities. While Sophos did not provide a specific reason...

The proposed acquisition of Everton by 777 Partners appears to be encountering obstacles following reports casting doubt on the Miami-based investment firm's financial stability. Recent revelations from Semafor Business indicate that Damien Alfalla, Chief Financial Officer at 777, has resigned during a critical phase of the club's takeover process. Brett...

Markus Binkert, the Chief Financial Officer of Swiss International Air Lines (SWISS), will be bidding farewell to the airline after a tenure of over 19 years. Binkert is set to embark on a new journey as the CEO of SV Group, a prominent player in the gastronomy and hotel management...