archiveChief People Officer Insider

In a surprising turn of events, global technology company Comtech has terminated its President and CEO, Ken Peterman, for reasons unrelated to business strategy or financial performance. The announcement was made through a news release on March 13. Following Peterman's dismissal, the company also announced that he would no longer...

In a bid to bolster tax compliance among the affluent strata of society, Sri Lanka's Inland Revenue Department (IRD) has unveiled plans to target the top 100 taxpayers with the highest reported incomes across diverse revenue streams, as per reports. The initiative involves the meticulous review of multiple data reservoirs,...

IGM Resins has announced the appointment of Boudewijn Morelissen as its new CEO, effective February 1, 2024. Morelissen assumes the position following Wilfrid Gambade, who served as CEO of IGM Resins since 2021 and will now transition to an advisory role on the Board of Directors. Morelissen brings extensive experience...

In a significant development, Birgitte Ringstad Vartdal, former Chief Executive of Golden Ocean, has been selected as the new CEO of Statkraft, Norway's largest utility, succeeding Christian Rynning-Tønnesen. Vartdal, previously serving as the Executive Vice President for the Nordics at Statkraft, will assume her new role as CEO on April...

As of 19 March 2024, Mark Mateschitz was estimated as the wealthiest person in Austria, with a net worth of around $39.4 billion, followed by Georg Stumpf (No. 2, $12.5 billion), Johann Graf (No. 3, $7.1 billion); and Helmut Sohmen (No. 4, $6.4 billion). Reinold Geiger is the fifth-richest person...

As of 19 March 2024, Eduardo Saverin was estimated as the wealthiest person in Brazil, with a net worth of around $26.8 billion, followed by Vicky Safra (No. 2, $20.5 billion), Jorge Paulo Lemann (No. 3, $16.1 billion); and Marcel Herrmann Telles (No. 4, $10.8 billion). Carlos Alberto Sicupira is...

In an era where business dynamics shift at breakneck speed, the imperative for adaptability and continual growth extends across all levels of an organization, most critically at the frontline. These employees, often the first point of contact between a company and its customers, play a pivotal role in shaping brand...

Virgin Money, a UK bank in which British billionaire Richard Branson owns a 14.5% stake, has received a takeover bid of £2.9 billion from banking rival Nationwide Building Society. If the deal is successful, Branson could receive a personal cash windfall of at least £420 million ($539 million). However, there...

As of March 7, 2024, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 16.4 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), Alexander Gerko (No. 4, $10.3 billion) and James Dyson (No. 3, $9.8 billion). Denise Coates is the fifth-richest person...

As of March 7, 2024, Gianluigi Aponte was the wealthiest person in Switzerland, with an estimated net worth of 28.6  billion U.S. dollars, followed by Rafaela Aponte- Diamant(No. 2, $28.6 billion), Ernesto Bertarelli (No. 3, $9.5 billion); and Ivan Glasenberg (No. 4, $8.6 billion). Guillaume Pousaz is the fifth-richest person in Switzerland, with...