CEO Explainers

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...

Sridhar Vembu, founder of Zoho Corporation and one of India's leading tech entrepreneurs, announced on Monday that he is stepping down as the CEO to take on the role of the company’s Chief Scientist. The move signals a shift in focus toward deep research and development initiatives amid the rapidly...

Hong Kong’s New World Development, long considered a stable pillar among the city’s “big four” property dynasties, is facing mounting challenges as it grapples with debt concerns, leadership transitions, and liquidity pressures. In a tumultuous week, the company pledged $15 billion worth of prized assets as collateral for loans, addressed...

Entertainment companies that offer at-home and on-site film viewing experiences have proved popular with hedge funds and other institutional investors in recent months. Theatrical exhibition company Cinemark Holdings, Inc., for instance, has received a buy rating from a half-dozen brokerages, according to MarketBeat. The Plano, Texas-based organization operates almost 500...

Recently disclosed information indicates that Brian Niccol, the new CEO of Starbucks, has made headlines by earning nearly $100 million within just four months of joining the company. As of 2024, his total executive compensation package amounts to an impressive $95,801,676, which includes his earnings from when he assumed the...

Signify, the world’s largest lighting manufacturer, announced a nearly 10% decline in its 2024 core profit on Friday. The company also revealed that CEO Eric Rondolat would step down following the annual general meeting scheduled for April. Rondolat, who is 58, played a critical role in guiding Signify’s 2016 spin-off...