CEO Explainers

Close Brothers Group Plc has announced the appointment of Mike Morgan as its new Chief Executive Officer, following Adrian Sainsbury’s decision to step down to focus on his health. The London-based financial services company confirmed that Sainsbury, who had earlier taken a temporary medical leave, is recovering well and is...

Piramal Pharma saw a 1.70% uptick in its stock price, closing at $2.94, as the board announced the appointment of Sai Ramana Ponugoti as the Chief Executive Officer of its India Consumer Healthcare (ICH) division, effective January 6, 2025. This move marks a strategic step forward for the company as...

Nippon Steel’s Chief Executive Officer, Eiji Hashimoto, reaffirmed the company’s determination to pursue its $14.9 billion acquisition of U.S. Steel, despite the Biden administration's recent decision to block the merger. On Monday, Nippon Steel and U.S. Steel jointly filed lawsuits challenging the decision, claiming it violated their right to an...

Sierra Space announced the unexpected retirement of its Chief Executive Officer, Tom Vice, a development that has surprised many within the aerospace sector. In a statement issued on January 6, the company confirmed that Vice stepped down at the end of 2024 after three and a half years in the...

Singapore-based asset management firm Paragon Capital Management has established its first overseas office in Hong Kong, joining the wave of foreign money managers seeking to serve affluent clients in the financial hub. The firm, which oversees $880 million in assets, announced on Tuesday that it had received licensing from Hong...

What happens when a lifetime of building wealth and growing a business runs headlong into Canada’s tax system? For many corporate owners, the answer is alarming—your estate could lose up to 70% of its value due to a hidden financial pitfall called “triple taxation.” This isn’t just a tax issue;...

Global Gravity, a leader in tubular systems development, has appointed Tom Rasmussen as its new Chief Executive Officer (CEO), effective January 1, 2025. Rasmussen, who previously served as the company’s Chief Operating Officer (COO), brings over 25 years of experience in offshore and oil and gas operations to his new...

HSBC has officially appointed Lisa McGeough as President and Chief Executive Officer for the United States, with her tenure set to begin on January 1, 2025. In this role, McGeough will oversee all regional business operations and lead the next phase of growth in the United States. She will also...

Imagine Live, a leader in live dealer solutions, has announced Martin Martirosyan as its new Group CEO. With a PhD in Economics and a distinguished record in business leadership, market expansion, and scaling operations, Martirosyan assumes this pivotal role while continuing as Deputy CEO of the Digitain Group, a position...

Trillion Energy has announced a leadership overhaul, appointing an Interim Chief Executive Officer and strengthening its management team following the retirement of Arthur Halleran, its former CEO and Director. This transition officially began on December 27, 2024, when the board of directors accepted Halleran’s resignation. Halleran, who had been CEO...