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Dolphin Drilling’s chief executive officer, Bjørnar Iversen, has officially resigned from the company, with his departure taking effect immediately. Iversen, who had been at the helm since July 2019, previously served as CEO of Songa Offshore and held senior management positions at Odfjell Drilling. In response to his resignation, the...

Sony has announced that long-time finance executive Hiroki Totoki will become its next chief executive, marking a major leadership transition as the Japanese tech giant pushes deeper into original content production. The company, which has also reshuffled key division heads, including its PlayStation unit, is undergoing what it describes as...

A great leader understands that excellence is its own reward. Whatever the results show on the scoreboard, the outcome in business negotiation, or any desired pursuit, a true leader never lets one result define them. Instead, this caliber of leader believes that inhabiting “a world of excellence” is its own...

Entertainment companies that offer at-home and on-site film viewing experiences have proved popular with hedge funds and other institutional investors in recent months. Theatrical exhibition company Cinemark Holdings, Inc., for instance, has received a buy rating from a half-dozen brokerages, according to MarketBeat. The Plano, Texas-based organization operates almost 500...

When patriarch Logan Roy hesitates to name a successor on Succession, chaos ensues. While boardroom showdowns and power plays make for great TV, in the real world, the stakes of poor succession planning are just as high—and often more costly. In the last few months, some of the world’s most...

Chris Todd, formerly the president of Kronos, has been appointed as the chief executive officer of Envestnet, a leading US-based wealth management software provider. His tenure will officially commence on January 21, 2025. Todd steps into the role previously held by board chair James Fox, who had temporarily taken over...

Alorica Inc., a global leader in digitally-engineered, tech-enabled customer experience (CX) solutions, has achieved a significant milestone—securing Great Place to Work® certification in all nine countries where it operates across Latin America and the Caribbean. The certification is based on employee sentiment and experience in five key areas: credibility, respect,...

Telia Lietuva has announced that its CEO, Giedrė Kaminskaitė-Salters, has been appointed Vice President at the Swedish telecommunications firm Telia Company. Effective 1 February 2025, she will join the Group Executive Management team while continuing to lead Telia Lietuva. In her expanded role, she will oversee Telia’s Baltic markets. Telia...

Korea Ginseng Corp. (KGC), a leading manufacturer of ginseng products, announced on Monday that it exported 260 products under its red ginseng brand, JungKwanJang, to nearly 40 countries in 2024. Among its offerings, EveryTime Original emerged as the best-selling product, with sales in China rising by 44% compared to the...

Italy's largest bank, Intesa Sanpaolo, has completed its first proprietary bitcoin trade, investing $1.03 million into the world's leading cryptocurrency, according to an internal memo. The document, which Reuters reviewed, revealed that the bank now owns 11 bitcoin as of January 13, 2025. Intesa launched a proprietary trading desk for...