CEO Explainers

French launch vehicle startup Latitude has brought on Aurélie Bressollette, an industry veteran, as its new chief executive as the company approaches its first launch. The announcement, made on Nov. 5, notes that Bressollette succeeds Stanislas Maximin, the company’s co-founder, who will transition to the role of executive chairman. Bressollette...

Edelman has appointed Rakesh Thukral as its new CEO for the Asia Pacific (APAC) region following Warren Fernandez’s decision to step down to pursue a new opportunity. Fernandez will remain with Edelman until year-end to facilitate a smooth transition. Thukral, currently Edelman’s APAC Chief Operating Officer and Managing Director of...

Ionpolis Co., Ltd., a leading innovator in filter showerhead technology, is set to participate in the K-Expo from November 14th to 17th at the Sheraton Grand Gandaria City Hotel in Jakarta, Indonesia. This event, designed to spotlight exceptional Korean products and technology, serves as a springboard for Korean companies aiming...

In a notable leadership transition, Schneider Electric SE has appointed company veteran Olivier Blum as its new Chief Executive Officer, succeeding Peter Herweck, who held the role for 18 months. The decision, made unanimously by the board, reflects a desire for strategic redirection at a time when the $152 billion...

Dollar Tree, a major player in the discount retail industry, announced on Sunday that CEO and chairman Rick Dreiling has officially resigned. After joining the company as executive chairman in March 2022, Dreiling cited personal reasons for his departure, noting that recent health concerns prompted him to shift his focus...

Domino’s Pizza Enterprises has announced the upcoming retirement of its long-serving CEO and managing director, Don Meij, effective November 6. After a nearly four-decade career with the company—22 years of which he held the CEO position—Meij plans to continue collaborating with the board and his successor, Mark van Dyck, over...

Stanford Le, a seasoned executive from the Las Vegas casino industry, has officially assumed his role as CEO of Crown Sydney, marking a significant step in Crown Resorts' leadership restructuring following the recent restoration of its operating licenses in key markets Sydney and Melbourne. Le, who succeeds outgoing CEO Mark...

Amit Kumar, Managing Director and CEO of CarTrade-owned OLX India, has announced his resignation, ending his seven-year tenure with the online classifieds platform to explore "better opportunities." OLX confirmed in a recent statement that Kumar’s resignation from both the directorship and CEO position will be effective January 31, 2025. Kumar’s...

Swiss private banking group CBH Compagnie Bancaire Helvétique SA has appointed Enid Yip as the new CEO of its Hong Kong-based subsidiary, CBH Asia. In addition to her role as CEO, Yip will lead the Asia Regional Committee, further supporting the group’s strategic goal of strengthening its presence in the...

Amazon's founder, Jeff Bezos, recently divested over $3 billion in Amazon shares, cementing his status as the world’s second-richest individual. His cumulative sales for the past year now total $13 billion. According to a regulatory filing, the latest sale includes over 16 million shares. This move coincides with Amazon’s stock...