Banking and Finance

Shares of Innova Captab experienced a decline of 2.91% following the announcement of the resignation of its Chief Financial Officer, Gaurav Srivastava, effective from March 29, 2024, citing personal reasons. With Srivastava's departure, he ceases to be the key managerial personnel (KMP) of the company as of the same date....

Shiseido announces Alberto Noe as the new CEO for the EMEA region, effective immediately, marking a swift transition in leadership. Noe steps into this role, succeeding Franck Marilly, who assumes the position of EMEA Chairman, tasked with orchestrating and supervising the Board of Directors' activities. Noe's journey with the J-beauty...

Roland Schwandt assumes the role of deputy CEO at Schottel GmbH, effective January 1, 2024, marking a significant transition in leadership. He steps into this position, succeeding Andreas Block, who has transitioned to a role solely at the industrial holding company, Schottel Industries, while maintaining close ties to the future...

In a strategic move, MTN Group has announced the appointment of Ali Monzer as the incoming Chief Executive Officer of MTN South Sudan, effective from 1st April 2024. Monzer steps into this pivotal role, succeeding Gordian Kyomukama, who retires after a distinguished career with MTN. With an impressive background spanning...

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...