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Banking and Finance

Robert Michael Succeeds Richard Gonzalez as CEO of AbbVie

In a significant leadership transition, AbbVie, a prominent player in the biotech and pharmaceutical sector, has unveiled Robert Michael as its incoming CEO, succeeding the longstanding tenure of Richard Gonzalez. Effective July 1, Michael, currently serving as AbbVie's President and Chief Operating Officer, will assume the reins as the company's...
Money and WealthSuccess and Leadership

Compensation of Jane Fraser, Citigroup’s CEO, Surges by 6% at $26 Million Amidst Company Overhaul

In the latest disclosure to the Securities and Exchange Commission (SEC), it has been revealed that Citigroup's Chief Executive Officer, Jane Fraser, saw a remarkable 6% increase in her compensation package for the fiscal year 2023. The reported figure stands at a substantial $26 million, primarily composed of performance-based stocks...
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