archiveChief Operating Officer Insider

Alice Walton’s brief reign as the world’s richest woman ended Thursday when Francoise Bettencourt Meyers, the heiress to the L’Oréal fortune, regained the top spot. Meyers saw her net worth surge to $93.1 billion, surpassing Walton’s $90.4 billion, following a strong rally in European luxury stocks tied to a Chinese...

Melissa DaSilva, who previously held the position of President for TTC’s North American operations, has now been appointed as Interim CEO for TTC Tour Brands on a global scale. This change follows the announcement that Gavin Tollman, the long-standing CEO, will step down as Apollo, a US private equity firm,...

The Tonga Supreme Court has ruled that the CEO and Executive Board of the Tongan Development Bank will remain in their positions despite an ongoing dispute with the National Reserve Bank of Tonga. The court also imposed restrictions on the Development Bank, prohibiting it from engaging in economic development activities...

From 2022 through August 2024, Indonesia’s digital economy sector generated $1.75 billion in tax revenue, according to the Taxation Directorate General under the Ministry of Finance. This revenue was collected through Value Added Tax (VAT) from e-commerce platforms and marketplaces, taxes on cryptocurrency, peer-to-peer lending (P2P) taxes, and procurement taxes...

Allianz Global Corporate & Specialty SE (AGCS) has announced that Thomas Lillelund will be appointed as CEO of AGCS at the beginning of 2025, pending regulatory approval and the completion of his current obligations. Lillelund will also take on the leadership of Allianz Commercial, the company's global initiative focused on...

Schroders has officially announced Richard Oldfield, the company’s current chief financial officer, as the successor to Peter Harrison in the role of chief executive officer. The transition was confirmed in a stock exchange filing on 10 September. Peter Harrison had disclosed his plans to retire in April, triggering a comprehensive...

As Starbucks faces declining sales and shifts towards a more digital business model, the company's new CEO, Brian Niccol, has unveiled a plan to steer the brand back to its roots. His strategy? Comfortable chairs and a return to the traditional coffeehouse atmosphere that made Starbucks a community hub. On...

Running an auto repair shop can be a tough job. You juggle paperwork, manage schedules, and strive to keep your customers happy—all while trying to fix cars efficiently. It’s easy to feel overwhelmed, especially when traditional methods lead to missed appointments and frustrated clients. But what if you could change that?...

The demand for AI chips is expected to drive growth in the semiconductor sector in the coming years, according to the CEO of a major supplier to Taiwan Semiconductor Manufacturing Company (TSMC). The CEO dismissed concerns that investors may have overestimated the speed and scale of spending on artificial intelligence...

Knight Frank reported that between April and June 2024, a total of 463 property sales valued at over $10 million occurred across 11 major global markets. This represented a slight decrease from the 476 sales recorded in the preceding quarter. The markets included in this analysis were Dubai, Geneva, Hong...