archiveEconomics Insider

Unilever is preparing to divest several food brands with combined annual sales of approximately $1.05 billion, according to CEO Hein Schumacher. While Schumacher did not disclose specific brands targeted for sale, the move aligns with the company’s ongoing efforts to streamline its food portfolio. Earlier this month, reports surfaced that...

Just days before UniCredit CEO Andrea Orcel shifted his attention to a domestic acquisition, resistance to his interest in Germany’s Commerzbank intensified. Members of Germany’s corporate elite reportedly urged Commerzbank’s CEO to reject any merger proposal, warning that the bank might suffer a fate similar to Bavarian lender HVB, which...

"Being powerful is like being a lady. If you have to tell people you are, you aren't." - Margaret Thatcher. When talking about a business leader with power, traditionally, the image that pops up in our minds is one of strong males like Jack Welch, the former CEO of GE,...

Bjørn Ivar Moen has announced that he will step down as CEO of Telenor Sweden at the end of the year. The company indicated that a new CEO will be appointed soon, with recruitment efforts already in progress. Reflecting on his tenure, Moen acknowledged the past three years as a...

The European Bank for Reconstruction and Development (EBRD) has issued a warning in its annual report, noting that the resurgence of industrial policies aimed at promoting domestic interests could hinder international cooperation and particularly impact poorer nations. The report, which focused on trade data from 140 countries, highlighted a significant...

It's fantastic to see that the top 100 asset owners have experienced a remarkable growth of 12.3% in their assets under management (AUM) by the end of 2023, bringing their total to a whopping $26.3 trillion, according to a recent study! Pension funds have been key players in this success,...

Culture is at the heart of many of the challenges that organizations, and society as a whole, face. Creating a human-centric culture has the power to inspire and unite us in the service of common goals. These five books explore the ways in which culture affects us all, and how...

Ørsted’s Group Executive Vice President and Chief Executive for the Americas is set to move into a new position as Global Chief Commercial Officer for Wind at GE Vernova, a major player in wind turbine manufacturing. Hardy is expected to officially step down from his role at Ørsted on November...

The word on the street is that we are facing unprecedented complexity. But are we? If we look at complexity across a time continuum, facing the “unprecedented” is integral to the human experience. The need to adapt and respond has always driven human progress. In today’s high-stakes, hyper-connected business world,...

CAE has announced that Marc Parent, who has led the company for 20 years, including 15 as President and CEO, will step down at the annual general meeting scheduled for August 2025. Parent's decision is part of CAE's ongoing succession plan. Over his tenure, Parent has played a pivotal role...