CEO Explainers

Rejlers has confirmed the appointment of Ragnar Holtan as the permanent CEO of its Norwegian division. Holtan, who has been serving as acting CEO since October 2024, will now officially lead the company forward. At 41, Holtan brings a wealth of industry expertise. Holding a Bachelor's degree in Maritime Electro...

GlobalFoundries (Nasdaq: GFS) (GF) has unveiled a significant leadership transition following an extensive succession planning process. The company’s Board of Directors has appointed Dr. Thomas Caulfield as Executive Chairman and Tim Breen as Chief Executive Officer, effective April 28, 2025. Caulfield takes over from Ahmed Yahia, who is stepping down...

NTT DATA has announced the appointment of Sudhir Chaturvedi as its Global Chief Growth Officer and CEO of North America operations. In this newly established role, Chaturvedi will be responsible for driving global growth strategies across key industries and strategic accounts while working closely with partners to enhance market execution....

The World Bank’s Business Ready Project (B-READY) has analyzed 50 economies, assessing regulatory effectiveness, governance quality, and service delivery efficiency in property registration, building permits, and environmental clearances under the Business Location category. The findings indicate that economies excelling in this area share common traits, including strong property rights, efficient...

The UN Türkiye Joint Program on the Transformative Growth of the Care Economy in Türkiye, funded by the Joint SDG Fund, was officially launched on February 5 in Ankara. Designed to strengthen Türkiye’s care economy, the initiative aims to promote inclusive growth and accelerate progress on the Sustainable Development Goals...

OTB Group has announced that Serge Brunschwig will take on the roles of CEO of Jil Sander and Chief Strategy Officer for the wider OTB Group, with his appointment becoming effective on February 5, 2025. He will report directly to Ubaldo Minelli, CEO of OTB Group, in what is seen...

Gold prices surged to an all-time high on Wednesday, driven by growing fears of a renewed trade war between the United States and China. The spike followed Beijing’s decision to impose tariffs on U.S. imports in retaliation for new U.S. duties on Chinese goods. Spot gold rose 0.2% to $2,848.69...

Air Products (NYSE: APD) has announced that Eduardo F. Menezes will assume the role of Chief Executive Officer (CEO) effective February 7, 2025. He will succeed Seifollah (“Seifi”) Ghasemi, who is departing the company after more than a decade of service. Menezes will also join the company’s Board of Directors....

Citibank Taiwan has announced that Christie Chang will assume the roles of CEO and chairperson following the retirement of Aftab Ahmed. Her tenure is set to begin on April 1, during which she will be responsible for overseeing Citi’s operations in the region, with a focus on accelerating growth and...

New Zealand Thoroughbred Racing (NZTR) has announced that long-time SkyCity executive Matt Ballesty will take over as Chief Executive Officer, officially stepping into the role on March 5, 2025. Ballesty, who has an extensive background in the gaming and entertainment industry, has previously held key positions at Australia’s Crown Resorts...