archiveFinancial Directors Insider

Toleranzia AB has made an official announcement regarding the appointment of Thomas Pålsson as their new Chief Financial Officer. Thomas, who brings with him a wealth of financial and economic expertise from his significant roles in Life Science companies, is set to assume his position as the company's CFO on...

A momentous turning point in the gaming industry: Microsoft has finalized its massive $68.7 billion purchase of video game publisher Activision Blizzard. This is the largest acquisition Microsoft has ever made in its 48-year existence. Activision's gaming franchises include Call of Duty, Crash Bandicoot, Diablo, Overwatch, StarCraft, Tony Hawk Pro Skater...

Peterbilt Truck Parts & Equipment and Silver State International have announced the promotion of Anne Keele to the position of Chief Financial Officer. Keele brings a wealth of experience in overseeing accounting operations, inventory management, and truck sales. She has also played a key role in improving and developing business...

The Sherwin-Williams Company (NYSE: SHW) has officially announced the appointment of Heidi G. Petz as the next Chief Executive Officer, effective from January 1, 2024. Ms. Petz, aged 48, has been serving as the President and Chief Operating Officer of Sherwin-Williams for the past two years and will now take...

Gina Rinehart, an Australian billionaire, has acquired 19.9% of Liontown Resources, a lithium miner, which may obstruct Albemarle's plan to buy the company for $4.3 billion. Since Albemarle Corp made a proposition for Liontown Resources in September, her company Hancock Prospecting, has been incrementally increasing their stake. Gina Rinehart would...

From October 9, 2023, Mr. Konstantinos Iliakis assumed the role of CEO of SKY Express for the entire operation of the company, with the aim of implementing its new development cycle and its dynamic investment program. Mr. Iliakis is already part of the SKY express workforce and has made a...

Established in 2017, Türkiye's Citizenship by Investment Programme has become a popular option for those from the Middle East, especially Afghanistan, Egypt, Iraq and Palestine. Despite being a newcomer to the CBI sector, it has achieved great success. Türkiye’s Citizenship by Investment Program ranked 8th in the Citizenship By Investment...

Codelco, Chile's state-owned copper giant, faces another challenge as its Chief Financial Officer, Alejandro Rivera, resigns amidst declining profits and increasing debt levels caused by slumping output. Rivera's resignation follows Moody's Investors Services cutting Codelco's investment-grade credit rating by one notch, leading to a drop in bond prices. This development...

The Federal Reserve's continued hawkish tone, combined with a strong US dollar and rising yields, is having an impact on gold. The US 10-year Treasury yields have reached their highest levels since 2007 this week, and the USD index is currently at its highest since November 2022. The prolonged narrative of...

The Nuclear Decommissioning Authority (NDA) has announced the appointment of Rob Fletcher as the permanent CEO of Magnox Ltd. Rob has been serving as the interim CEO since May 2023 and has already made significant contributions to both Magnox and the broader NDA group. David Peattie, CEO of the NDA...