CEO Explainers

Permira, the global private equity firm, has announced a leadership transition effective September 1, 2024. Brian Ruder and Dipan Patel will step into roles as Co-Managing Partners and Co-CEOs, while Kurt Björklund will move to the position of Executive Chairman. Brian Ruder, who joined Permira in 2008, currently serves on...

The World Economic Forum's 2024 Fostering Effective Energy Transition report highlights record highs in Energy Transition Index (ETI) scores worldwide. Despite this, economic instability, geopolitical tensions, and technological changes have decelerated the transition. The report, created in collaboration with Accenture, indicates that out of 120 countries surveyed, 107 have advanced...

Voxeljet AG is undergoing a significant reorganization in its senior management as part of a generational change. Dr. Ingo Ederer, the founder of Voxeljet, will conclude his tenure as CEO and member of the Management Board on June 30, 2024. Post-tenure, Dr. Ederer will remain available in an advisory role...

Philipp Triebel and Malte Horeyseck, the co-CEOs of SellerX, an Amazon aggregator startup backed by BlackRock, are set to leave the company. Their departure comes three years after they each sold shares worth at least $7.1 million. SellerX, founded by Triebel and Horeyseck in Berlin in August 2020, announced the...

Consulting Engineers South Africa (Cesa) unveiled its latest Bi-Annual Economic and Capacity Survey (BECS) on Tuesday, revealing a significant 22% drop in industry activity from July to December 2023, reaching its lowest point since 2019 at a level of 32. This downturn continued into early 2024, with further declines to a...

Following a 3% rise in Nvidia's stock on June 18, Huang's net worth jumped over $4 billion, reaching around $119 billion.  This achievement represents Huang's highest ranking to date, largely due to Nvidia's ascent as the most valuable public company globally, driven by the burgeoning artificial intelligence sector. Huang holds...

Saab, a leading defense and security company, has announced that Anna Wijkander, currently Deputy CFO and Head of Corporate Control, will become the company's new CFO and a member of Saab's Group Management. Anna Wijkander will assume her new position on September 9, 2024. This appointment follows the announcement on...

Travellers International Hotel Group Inc., the owner and operator of Manila's Newport World Resorts, has named Laurence Hawke as its new Chief Financial Officer. He will assume his role in July. Background and Experience: Laurence Hawke brings 30 years of experience in the integrated resort sector. Most recently, he served...

Momnt, a fintech company based in Atlanta that focuses on lending solutions and B2B payments, has appointed Chris Bracken as its new CEO. Bracken, who previously served as the Chief Revenue Officer, will take over from Barclay Keith, the current CEO and co-founder. Keith, who has led the company for...

The UK has consistently had the lowest investment levels among G7 countries for most of the past three decades, according to research by the Institute for Public Policy Research (IPPR). Utilizing data from the Organisation for Economic Co-operation and Development (OECD), the study revealed that new investment inflows into the...