archiveChief strategy officer Insider

The salaries of CEOs at the UK’s largest companies have reached unprecedented levels, with some earning as much as 120 times the average full-time worker's wage. According to a report by the High Pay Centre, the median pay for Chief Executives of FTSE 100 companies increased to $5.35 million in...

In a significant move, Jensen Huang, the CEO of Nvidia, sold $322.7 million worth of company shares in July. This sale brings his total stock sales to nearly $500 million over the summer, positioning him strategically ahead of a severe tech-led global stock decline driven by weak earnings reports and...

Johannesburg, the wealthiest city in Africa with a significant concentration of businesses and approximately 12,300 millionaires, is grappling with a severe infrastructure crisis. The city urgently needs $12 billion to tackle a backlog of maintenance and necessary upgrades for its deteriorating road, power, and water systems. Documents reveal urgent discussions...

Prodapt, a leading provider of consulting, engineering, and transformation services in the telecom and technology sectors, recently announced a significant leadership change. The company has appointed Manish Vyas as its new Managing Director (MD) and Chief Executive Officer (CEO). Vyas succeeds Harsha Kumar, who will transition to an advisory role...

PDD Holdings, the online retail giant established by Colin Huang, China’s second-richest billionaire, is currently embroiled in a crisis following vendor protests in Guangzhou against perceived mistreatment on its global e-commerce platform, Temu. On Tuesday, the company's shares fell by 3.5%, resulting in a $1.6 billion loss in Huang's net...

Jim Cramer, Salesforce CEO Marc Benioff, and Workday CEO Carl Eschenbach unveiled their companies’ new partnership aimed at developing artificial intelligence to improve onboarding and human resources, among other functions. The CEOs emphasized that the partnership’s strength lies in combining their extensive data resources. Benioff explained that AI thrives on...

Delta CEO Ed Bastian traveled to Paris on Wednesday morning for the Olympics opening as the airline struggled to manage the aftermath of a significant operational disruption that left around 500,000 passengers stranded due to thousands of flight cancellations. Following a global tech outage that began on Friday, Delta had...

Sultan Kösen, who’s nearly 251 cm tall and hails from Turkey, is the tallest person on the planet. Despite his impressive size, his country doesn’t rank among those with the tallest people. Also, the United States ranks 51st for women at 163.31 cm and 40th for men at 176.94 cm....

In Australia, casinos play a crucial role in driving economic growth and wealth distribution. These gambling establishments, both online and physical, significantly contribute to the national Gross Domestic Product (GDP) and create numerous job opportunities across the country. Casinos attract millions of visitors annually, who not only spend money at...

Mitsubishi UFJ Financial Group Inc. (MUFG), Japan's largest banking group, announced that its top executives would take pay cuts in an effort to regain client trust after breaching information firewalls. The move comes as part of the bank's response to regulatory penalties and lost business resulting from the violations. Hironori...