CEO Insider

Mulberry's share price has declined by 39% since January, reflecting a global downturn in the luxury sector, particularly due to reduced spending by Asian shoppers. Due to falling sales and a sharp decline in its share price, luxury giant Mulberry has decided to part ways with its Chief Executive Officer, Thierry...

Regulators have imposed $136 million in fines on Citigroup for failing to rectify persistent deficiencies in its controls and risk management, posing a significant challenge for CEO Jane Fraser as she works to overhaul the major New York bank. The Federal Reserve and the Office of the Comptroller of the...

Amidst the considerable hype around AI and its seemingly endless possibilities, the technology’s proponents and critics alike can be prone to embellishment – making the extent of its investment potential difficult to ascertain. ‘Revolutionising’. ‘Unbiased’. ‘Productivity gains’. ‘Impersonal’. ‘Unethical’. ‘Make humans obsolete’. All these and more have been attributed to...

Following the announcement of Skydance Media's $8 billion acquisition of Paramount Global, Paramount's current co-CEOs, Brian Robbins, George Cheeks, and Chris McCarthy, informed staff that operations will remain unchanged until the transaction is finalized. The deal is projected to close in the first half of 2025, pending regulatory approvals. The...

Carlos Slim's company, Grupo Carso SAB, is investing $1.2 billion to develop a gas field in the Gulf of Mexico, expected to begin production around 2026. This venture showcases a model for collaboration between Mexico's state oil company, Petroleos Mexicanos (Pemex), and private enterprises. The agreement between Grupo Carso and...

JBS, a prominent member of Ibovespa, exhibits the highest salary disparity within the index. The top salary at JBS is 1,100 times greater than the company's average salary. JBS employs 152,500 individuals in Brazil alone. Following JBS are Rede D'Or, with a salary ratio of 625.9 times, and Localiza, at...

Health and wealth go hand in hand. Just as physicians recommend annual physicals for their patients, so do financial advisors suggest annual reviews for their clients. Everyone knows it’s harder to get in shape than it is to stay in shape; the same rules apply to money, going from a...

In a letter to his wife Abagail, on 3rd July, John Adams wrote, “The Second Day of July 1776, will be the most memorable Epocha, in the History of America. I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival. It ought to...

In 2023, chief executive officers at major companies experienced a significant increase in their earnings, with median compensation reaching a record high of $15.7 million. This marks a substantial rise from the already impressive median of $14.5 million in 2022. Over the past decade, CEO pay in the U.S. has...

Goh Choon Phong, CEO of Singapore Airlines (SIA), received an annual remuneration of S$8.1 million for FY2024, marking a 20.6% increase from the previous year. This rise comes in a landmark year for the airline, which reported its highest-ever net profit. The annual report released on July 1 detailed Goh's...