CEO Explainers

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...

Talos Energy has announced the resignation of Joseph Mills, who served as Interim President, Chief Executive Officer, and a member of the board. Mills has stepped down effective immediately to explore new professional opportunities. The company has also revealed that the search for a permanent CEO is in its final...

KK Group, a China-based trend retailer catering to younger consumers, achieved remarkable growth in 2024 by expanding its footprint across Southeast Asia. Through its lifestyle brand KKV and makeup brand The Colorist, the group successfully entered four Southeast Asian countries, bringing its total number of stores to over 1,000 across...

Delivery Hero SE, a global leader in local delivery platforms, has announced the appointment of Bum Seok Austin Kim as CEO of Woowa Brothers, its Korean subsidiary operating the online delivery platform Baedal Minjok (Baemin). The appointment, effective immediately, was made by Woowa’s Board of Directors. Kim succeeds Pieter-Jan Vandepitte,...

As the new year unfolds, the US dollar has emerged as a key topic of debate within the global financial community. Following a notable 7% increase in the dollar index in 2024, traders are now deliberating its potential trajectory. On Thursday, the dollar dipped slightly by 0.2%, settling at 108.32,...

Automotive supplier Dana announced on November 25 that Bruce McDonald, a seasoned executive and current board member, has been appointed as chairman and interim CEO. The company stated that McDonald will oversee operations while facilitating the search for a permanent successor to James Kamsickas, who retired in October. Kamsickas is...