archiveFinancial Directors Insider

Deezer has announced Alexis Lanternier as its new CEO, effective September 2, 2024. Lanternier will take over from interim CEO Stu Bergen, who will continue to serve on Deezer’s Board of Directors. Bergen had stepped into the interim role in March following the departure of former CEO Jeronimo Folgueira. Based...

American athletes who secure gold medals this summer will be awarded $37,500 by the U.S. Olympic & Paralympic Committee. However, this amount is modest compared to the rewards given by other countries. Out of the 206 nations and territories participating in the Olympics, at least 33 will provide financial incentives...

A recent study highlights an unprecedented debt crisis in developing countries, where nearly half of government budgets are being allocated to debt repayments. The analysis, conducted by Debt Relief International for Norwegian Church Aid, indicates that over 100 countries are facing severe debt servicing challenges, leading to significant cutbacks in crucial...

Aliko Dangote, Africa's richest man, has abandoned plans to establish a new steel plant in Nigeria. This decision follows government concerns that his recently completed refinery could lead to monopolistic dominance in the country. Dangote Group’s President and CEO explained at a media briefing held at the Lagos refinery that...

The demographic transition reveals a significant trend, with a high percentage of young children in certain populations, reaching more than 45 percent in some countries. Knowing who children are or how they’re grouped can help us understand the current and future state of global health, wealth, education, and overall well-being....

As of July 2024, SpaceX owns and operates the most satellites orbiting Earth, with its Starlink constellation totaling 6,111 active satellites. This accounts for almost half of all active satellites in orbit. SpaceX, the California-based firm founded by Elon Musk, owns and operates Starlink. The company plans to expand its...

Lidl Belgium and Luxembourg has appointed Marjolein Frederickx as its new chief executive officer, taking over from Matúš Gála on 1 September 2024. Frederickx, a long-standing member of the company, brings over 15 years of experience, including eight years as chief financial officer for Lidl Belgium & Luxembourg. She began...

Gen Z, those born between 1997 and 2012, is poised to become the wealthiest generation ever, according to NielsenIQ's recent "Spend Z" report. The report projects that Gen Z will experience the fastest growth in spending power, expected to reach $12 trillion by 2030, surpassing baby boomer spending by 2029....

The world’s population was 2.5 billion in 1950. Now, it’s surpassed 7.9 billion, with a significant increase in young individuals. Approximately 41 percent of the world’s population is 24 or younger, and almost 60 percent of Africa’s population falls under this age bracket. In contrast, Monaco has the highest median...

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...