CEO Explainers

When you’re the head of a business, you are well aware that trying to keep everything running smoothly can be a nightmare. Oftentimes, doing it yourself and learning to do many jobs is the best way to make sure things get done right. However, due to the intricacies and the...

Summit, a leading provider of managed IT infrastructure services catering to businesses ranging from SMBs to Fortune 500 companies, has appointed Andre Wu as its new Chief Executive Officer. Andre brings a wealth of leadership experience in the technology and managed services industries. His career includes senior roles at ACCSCIENT...

The International Cricket Council (ICC) has announced that Geoff Allardice will step down from his role as Chief Executive. Allardice, who first joined the ICC in 2012 as General Manager of Cricket after serving as Cricket Operations Manager at Cricket Australia, was appointed ICC CEO in November 2021 following an...

The Nomination Committee of AB Electrolux has proposed the election of Yannick Fierling, the recently appointed President and CEO of AB Electrolux, as a new member of the Board of Directors at the company’s Annual General Meeting (AGM) on March 26, 2025. The Committee has also recommended the re-election of...

JPMorgan Asset Management Japan has appointed Kaguya Komatsu as its Chief Executive Officer, marking the first time a woman has held the position. The announcement represents a step forward in addressing Japan's persistent gender gap in leadership roles and wages. Komatsu, who previously led the funds and institutional business in...

ArcLight Capital Partners, a prominent U.S. infrastructure investor, and its Fund VII portfolio company, Elevate Renewables, have announced the appointment of Joshua Rogol as the new CEO of Elevate. Rogol, previously the president of Strata Clean Energy, played a pivotal role in the company’s growth into one of the leading...

Boeing's stock rose by 6% on Tuesday morning after the company reported a fourth-quarter net loss that aligned with its recently disclosed preliminary results. The plane maker closed out a challenging year marked by significant financial setbacks, safety investigations, and a workers' strike. The company announced a net loss of...

BayWa r.e. Nordic has announced that David Rosberg, currently serving as Head of Finance for the Nordics, will take over as CEO starting February 1, 2025. Rosberg, who has an extensive background in the wind energy sector, brings significant experience in finance, leadership, and corporate strategy to the position. In...

Magnus Groth, who has served as President and CEO of Essity Aktiebolag (publ) for nearly a decade, announced to the Board of Directors his decision to step down in 2025 after 14 years with the company. The Board has initiated the recruitment process for his successor, ensuring a smooth transition...

China Vanke, one of the nation’s prominent property developers, announced that its Chairman, Yu Liang, and CEO, Zhu Jiusheng, have stepped down as the company projected a record $6.2 billion net loss for 2024. The announcement has heightened concerns about the company's liquidity, which has been under increasing scrutiny. Yu...