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Classical evidence: Family businesses exist globally, constituting majority of world business. They cover the largest size in terms of ownership and family management, contributing effectively to the GDP. These family owned – family-controlled businesses, usually termed as family businesses (FB) are unique in their framework due to their peculiar features such...

Flexport's CEO, Dave Clark, recently announced his resignation from the supply chain software startup in a post on the social media platform X. In this surprising move, Clark is handing over the leadership reins to the company's founder and executive chair, Ryan Petersen, after just one year as CEO and...

Deltek has appointed Dean Tilsley as its new Chief Financial Officer (CFO). In his new role, Mr. Tilsley will be responsible for overseeing the financial management of the company and will report directly to CEO Mike Corkery. Mike Corkery expressed his enthusiasm about Dean Tilsley joining the Deltek executive team,...

Mahindra Logistics witnessed a marginal uptick of less than one percent in its share value on August 31 following the announcement of the appointment of a new Chief Financial Officer (CFO) and the head of LMD (Last Mile Delivery) and strategy. In an official regulatory filing, Mahindra Logistics communicated that...

Diversity and inclusion, all business leaders and HR Heads know, are keys to employee wellbeing and long-term organizational success. Though the two words are distinct concepts, yet they are often used interchangeably or lumped together, with a disproportionately high focus only on diversity. Often, organizations have this bias for diversity....

The Chief Executive Officer of dairy firm Ornua, John Jordan, has revealed his decision to step down from his current position. Mr. Jordan will be transitioning to a new role as Chief Operating Officer within a US-based private equity company. Having held the position of Ornua's CEO for a span of...

Effective September 11, Shane O'Kelly, who currently leads Home Depot Inc.'s HD Supply unit, will assume the role of CEO at Advance Auto, as disclosed on August 23. The transition in leadership will see Shane O'Kelly taking over from Tom Greco, who had communicated his intention to retire earlier in...

Drawing from his extensive experience in facilitating digital transformation and business acceleration, renowned author, business consultant, and Founder/CEO of Realware, Ali Davachi, shares his insights on navigating the volatile business landscape, driving outcomes-based change, and embracing meaningful business transformation. Ali Davachi weighs in on essential subjects such as meeting evolving...

Kien Eng Tan will be retiring on October 19, leading to the selection of Audrey Chong as the upcoming CEO of Dentsu Malaysia, effective from October 1, 2023. In her new role as CEO at Dentsu Malaysia, Chong's responsibilities will encompass fostering growth, continuing business transformation, and facilitating integration across...

The Covestro Supervisory Board has unanimously selected Christian Baier as the incoming Chief Financial Officer (CFO). He will assume the role from Dr. Thomas Toepfer on October 1, 2023. Technology Officer to encompass the position of Labor Director. As of August 31, 2023, Dr. Toepfer will step down from his...