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In 2023, Steve Ballmer had a net worth of 101.1 billion U.S. dollars, placing him as the wealthiest sports team proprietor in the world. Ballmer purchased the Los Angeles Clippers in 2014 for an estimated two billion U.S. dollars.  Owning a professional sports team has become a status symbol among...

Walgreens Boots Alliance has appointed Tim Wentworth as the company's new Chief Executive Officer, starting on October 23. Wentworth previously served as the CEO of Express Scripts, the largest pharmacy benefits management company in the nation, before it was acquired by Cigna in 2018. He remained with Cigna as Chief...

Charles F Feeney, the billionaire Irish-American entrepreneur and philanthropist, passed away at 92 in San Francisco on Monday. He was a pioneer of duty-free shops and gave almost all of his $8 billion fortune away to charity via his Atlantic Philanthropies private foundation. The Atlantic Philanthropies, a group of foundations...

Gold Fields has announced the appointment of Michael Fraser as Chief Executive and Executive Director, effective from January 1st. The South African mining firm disclosed on Monday that Michael Fraser is joining the company after his recent tenure as CEO at Chaarat Gold, a fellow mining company, where he served...

The Dominica Citizenship by Investment Program, established in 1993, offers a range of investment choices and rigid regulatory systems. It's valued for being one of the most effective and straightforward paths to economic citizenship and is instrumental in financing social and ecological endeavors - particularly sustainable growth - in Dominica....

Andres Manuel Lopez Obrador's administration's unilateral choice to modify how airports collect service fees has made one of the wealthiest men in Mexico, Fernando Chico Pardo - the biggest immediate loser. Fernando Chico Pardo, creator of the private equity firm Promecap, is the owner of 23.2% of Grupo Aeroportuario del...

According to an announcement of Helen of Troy via a Securities and Exchange Commission filing on Wednesday, Brian Grass, who initially assumed the role of CFO on an interim basis in April, has been appointed as the permanent CFO, effective September 23. Brian Grass, aged 53, previously held the position...

AECI, a diversified chemicals solutions company, has appointed Rochelle Gabriels as its Chief Financial Officer and Executive Director, effective from September 29. This appointment comes after the resignation of the former CFO, Aarti Takoordeen, in April. During the interim period, Rafael Fernandes served as the acting CFO and will return...

Laurentian Bank has appointed a new CEO and a new chair of the board following a significant IT outage that occurred last week. On Monday, Eric Provost was named as the President and Chief Executive Officer of Canada's seventh-largest bank, taking over from Rania Llewellyn. Provost, who previously served as...

Competitive running is growing in popularity among one very specific cohort -- high-powered executives. As physical trainer Stewart Skloss explains, an increasing number of executives have been embracing competitive running, getting out of the boardroom and hitting the pavement. There are myriad reasons why this trend makes sense. "Executives are...