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The Board of Golden Ocean Group Limited has announced the selection of Mr. Lars-Christian Svensen as the CEO of Golden Ocean Management AS, effective from January 1, 2024. Mr. Svensen, who presently serves as the Interim CEO of Golden Ocean Management AS, previously held the position of Golden Ocean’s Chief...

Airtel Africa announced the upcoming retirement of Chief Executive Officer Olusegun Ogunsanya, to be succeeded by Sunil Taldar, effective mid-year. Taldar will join the board as an executive director and take over as CEO on July 1. Ogunsanya will step down from both the board and his position within the...

According to CEOWORLD magazine, the year 2023 was a prosperous year for the world's wealthiest individuals. The combined net worth of the top 20 wealthiest people increased by $620 billion. Out of these 20 individuals, 9 billionaires from the tech industry saw their fortunes grow by $466 billion. This growth...

As of December 29, 2023, Tadashi Yanai was the wealthiest person in Japan, with an estimated net worth of 37.1 billion U.S. dollars, followed by Masayoshi Son (No. 2, $24.2 billion), Takemitsu Takizaki (No. 3, $20.6 billion); and Takahisa Takahara (No. 4, $6.9 billion). Yasumitsu Shigeta is the fifth-richest person in...

As of December 29, 2023, Carlos Slim Helu was the wealthiest person in Mexico, with an estimated net worth of 104.5 billion U.S. dollars, followed by German Larrea Mota Velasco (No. 2, $30.4 billion), Ricardo Salinas Pliego (No. 3, $13.5 billion); and Alejandro Bailleres Gual (No. 4, $8.4 billion). Maria Asuncion Aramburuzabala is...

Microtec, a pioneering scanning solution provider for the wood products industry, has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Oregon. Frank Jöst, CEO of Microtec Group, stated, "We're happy that we convinced Ofer to come back to Corvallis and support us as we...

Steve Ballmer, the former CEO of Microsoft, is anticipated to receive $1 billion in passive income from the company in 2024. This substantial payout is a result of Ballmer's considerable ownership of Microsoft shares, prompting the company to increase dividends for its shareholders. Ballmer may encounter an approximate $200 million...

State Farm Mutual Automobile Insurance Company is set to welcome a new President as of the upcoming New Year. The Bloomington-headquartered company officially confirmed that Jon Farney, currently serving as the Senior Vice President, Treasurer, and Chief Financial Officer, will step into the role of President starting January 1. According...

Has the traditional office become obsolete? This provocative question lingers in the minds of forward-thinking business leaders and employees worldwide. In an enlightening interview with Tony Jamous, CEO of Oyster, a global employment platform, he illuminated the merits of remote work, revealing a future where remote work reigns supreme for...

A federal judge made a partial dismissal of a shareholder's lawsuit against Pilgrim's Pride, a chicken producer, removing the current CEO from the legal proceedings while allowing claims against both the company and its former CEO to move forward. Pilgrim's Pride coordinated its broiler chicken prices with competitors Tyson and...