CEO Explainers

UnitedHealthcare has announced Tim Noel as its new CEO following the tragic death of Brian Thompson, who was killed in a targeted shooting in midtown Manhattan. The company confirmed the leadership change in an emailed statement. Tim Noel, a long-time company leader, previously headed UnitedHealthcare’s Medicare and retirement division. He...

Chris Todd, formerly the president of Kronos, has been appointed as the chief executive officer of Envestnet, a leading US-based wealth management software provider. His tenure will officially commence on January 21, 2025. Todd steps into the role previously held by board chair James Fox, who had temporarily taken over...

The Fresh Market, Inc. has announced the appointment of Brian Johnson as its new President and Chief Executive Officer (CEO), effective February 3, 2025. He will succeed Jason Potter, who has chosen to pursue a new professional opportunity. The company expressed its appreciation for Potter’s leadership and contributions over the...

Cargus, a prominent name in Romania's courier industry, has appointed former Chief Financial Officer Belgin Bactali as its new CEO, with her tenure beginning on January 20. She takes over from Yannick Mooijman, who, according to the company, has chosen to step down to pursue new opportunities. Bactali brings more...

Annie Young-Scrivner has stepped down from her role as CEO and Board Director of Wella Company. In an official statement, the company confirmed her resignation and announced that the Board had appointed current Board Chair Glenn K. Murphy to oversee operations as Executive Chair. Wella attributed Young-Scrivner’s departure to family matters....

P180, a newly established venture, has acquired a majority stake in US luxury fashion company Vince Holding (VNCE) for an undisclosed amount. As part of the deal, Brendan Hoffman is set to return as the company's CEO. The stake was purchased from affiliates of Sun Capital Partners, marking P180’s third...

A recent report unveiled at the World Economic Forum’s Annual Meeting 2025 has revealed the alarming potential consequences of increasing geo-economic fragmentation. According to the findings, the global economy could suffer losses of up to $5.7 trillion, or 5% of GDP, making the impact even more severe than the 2008...

Konecranes has announced that its President and CEO, Anders Svensson, will be stepping down to pursue an opportunity with another company. He is set to remain in his role until his departure on July 19, 2025, ensuring a smooth leadership transition. Pasi Laine, Chairman of the Board at Konecranes, acknowledged...

Edyn, the serviced apartment and aparthotel group, has announced the appointment of Alastair Thomann as CEO, effective immediately. He replaces Daniel Carre-Bishop, who had been serving as interim CEO and will now resume his responsibilities as CFO. Thomann brings extensive leadership experience to his new role, having previously served as...

The London Stock Exchange Group (LSEG) has announced the appointment of Susi de Verdelon as the new CEO of LCH Limited. She is expected to assume the role in February 2025, pending regulatory approval, and will report to Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group....