CEO Insider

Old Mutual Ltd. has announced its search for a new chief executive officer following Iain Williamson’s decision to step down at the end of August, marking the end of his five-year tenure. Williamson, 54, who has been with Africa’s largest insurer by assets since 1993, will take early retirement, according...

Honda Motor is reportedly open to resuming merger discussions with Nissan Motor, but only if Nissan’s Chief Executive Officer, Makoto Uchida, steps down from his position. The Financial Times, citing an individual familiar with the matter, disclosed this development on Tuesday. The proposed merger, which would create the world’s fourth-largest...

Neobank Varo is undergoing a leadership transition, with founder Colin Walsh stepping down from his role as Chief Executive Officer. According to a report from FinTech Business Weekly (FBW) on Sunday, February 16, Walsh will continue to serve on Varo’s board but will be succeeded by Gavin Michael, the former...

Aliko Dangote, Africa’s richest man, is set to expand his cement production capacity in Ethiopia by establishing a second production line at his existing factory. This expansion will double the plant’s output from 2.5 million to 5 million tonnes per year. In addition to increasing cement production, Dangote’s conglomerate plans...

NatWest is seeking to raise its chief executive’s maximum pay by over 40% as the bank prepares to return to full private ownership, nearly 17 years after being rescued by taxpayers during the 2008 financial crisis. Formerly known as the Royal Bank of Scotland, the high street lender paid its...

Domain has announced the appointment of former REA Group CEO Greg Ellis as interim CEO for up to a year while the company conducts a search for a permanent replacement for Jason Pellegrino. The leadership change was revealed alongside Domain’s first-half FY25 results, which reported a 14% increase in EBITDA...

Shares of Deliveroo (OTC: DROOF) (LSE: ROO) declined by 1.5% following unconfirmed reports suggesting that the company's founder and CEO, Will Shu, might be preparing to step down. Amid growing speculation, sources indicated that Deliveroo was exploring potential replacements, raising concerns about the company’s future direction. Shu's potential departure has...

The Dangote Refinery, owned by Africa’s wealthiest man, Aliko Dangote, is expected to reach full capacity within the next 30 days, according to the refinery’s leadership. Devakumar Edwin, Vice President of Dangote Industries Limited and head of its oil and gas division, reportedly stated that the facility was currently operating...

A group of investors led by Elon Musk has made an offer of approximately $97.4 billion to acquire OpenAI, intensifying an ongoing legal dispute between Musk and the artificial intelligence company he co-founded. According to Musk’s attorney, Marc Toberoff, the proposal aims to take control of OpenAI and restore its...

I’m sure most of us have been in conversations when a friend called us amid a challenge or all-out crisis. We hear the angst and urgency in their voice. We ask clarifying questions, and to demonstrate empathy, we engage our friend by sharing our own story. We feel the need...