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Rafaela Aponte-Diamant, alongside her husband Gianluigi, commands a 50% stake in the Mediterranean Shipping Company (MSC), the globe's foremost shipping line by container capacity. Their journey to maritime prominence began in the 1970s when they embarked on the venture with a modest $200,000 loan, which enabled them to acquire their...

Independent Management Ltd. (IML) has announced the appointment of Justin N. Doherty as its new President and Chief Executive Officer, succeeding the retiring Cyril H. Whitter, Jr. After over three decades of dedicated service, Whitter, Jr. steps down. Under his leadership, IML successfully navigated market fluctuations, expanded its insurance management...

As a leader, rising to the challenge of meeting the ‘people’ demands of a business is tricky, even during normal times. And not many would call the past few years normal. We’re seeing an increase in employees who are ultrasensitive in the workplace. Post-pandemic issues are a big factor behind...

Imagine a future where financial institutions are as agile as tech startups, as innovative as Silicon Valley giants, and as customer-centric as top-tier retail brands. This concept would be a transformational shift for the financial sector. Venture capitalist Hilt Tatum IV, CEO of Dale Ventures Group of Companies, champions this vision....

The Meijer family, renowned for their grocery store empire valued at $15.9 billion, holds the 27th position on the list of 45 families with net worths exceeding $10 billion. With its headquarters nestled in Grand Rapids, the supermarket chain traces its roots back to Greenville, Michigan, in 1934, amid the...

In a significant development, Simbarashe Kadye, Chief Finance Officer of WestProp, has been appointed as the President of the Zimbabwe CEO Network, entrusted with steering the network through an ever-evolving industry landscape. Tafadzwa Matsika, Executive Director of the CEO Network, conveyed the announcement to Kadye through a letter, expressing excitement...

Microsoft (NASDAQ: MSFT) has been ranked as the No. 1 Best Employer to Work in America on CEOWORLD magazine's 2024 list. The list was created by surveying roughly 750,000 employees at American companies and institutions with over 1,000 employees. They were asked to rate their current employers on a scale...

In a significant move for Norway's maritime sector, the Norwegian Shipowners’ Association has appointed Knut Arild Hareide, the former minister of transport, as its new chief executive. Hareide is set to succeed Harald Solberg, who departs after six commendable years to lead the Federation of Norwegian Industries. As Hareide assumes...

Former JetBlue CEO Robin Hayes soared to new heights in 2023, commanding a total compensation of approximately $10.8 million, marking his highest earnings in two years, as disclosed in a proxy statement filed by JetBlue on Friday. Hayes' compensation in 2021 and 2022 amounted to approximately $3.5 million, but in...

The day I reached the C-suite, a well-meaning CEO offered some advice, telling me not to expect fairness. Business isn’t fair. Life isn’t fair. After all, he hadn’t got there “by playing nice.” Do modern CEOs really succeed by engaging in manipulation, deceit or exploitation? While some may win short-term,...