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CEO Explainers

Ted Pick Succeeds James Gorman in the role of CEO at Morgan Stanley

Morgan Stanley has announced that Ted Pick will take over as CEO at the beginning of 2024, succeeding James Gorman. Ted Pick will also join Morgan Stanley's board of directors. James Gorman will continue as the executive chairman for an unspecified period. Pick, who has served as co-president of Morgan...
Clear Street_Finance
CEO Explainers

CEO of Yangzijiang Financial Resigns

Vincent Toe has resigned from his position as the CEO of Yangzijiang Financial Holding to explore other opportunities. According to a filing made to the bourse, Toe's tenure will conclude on April 24, 2024. Ren Yuanlin, the company's Executive Chairman, will take over as the new CEO after Toe's departure....
Gina Rinehart
Big Business

Albemarle’s $4.3 billion Lithium Deal Collapses After Billionaire Gina Rinehart Steps In

Albemarle's $4.3 billion attempt to buy out Liontown Resources LTD was put to an end when Gina Rinehart, Australia's wealthiest citizen, acquired enough stock to prevent the acquisition from taking place. US miner Albemarle abandoned the Liontown deal, citing “growing complexities associated with the proposed transaction”. Albemarle, the world’s largest lithium...
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