archiveHectomillionaire Insider

In 2023, chief executive officers at major companies experienced a significant increase in their earnings, with median compensation reaching a record high of $15.7 million. This marks a substantial rise from the already impressive median of $14.5 million in 2022. Over the past decade, CEO pay in the U.S. has...

General Motors has appointed Marc Whitten, a seasoned technology executive with a background in the video game industry, to lead its beleaguered robotaxi service, Cruise. This move comes as the service attempts to recover from a severe collision that led to the suspension of its California license and the removal...

A recent report by PwC highlights a significant challenge in the workplace: despite the rapid rise of generative artificial intelligence (GenAI), many employees are reluctant to embrace this technology. PwC's findings reveal that only 38% of workers anticipate that technological advancements will affect their jobs in the coming three years....

Many employees are unaware that they can leverage the Americans with Disabilities Act (ADA) to request work-from-home (WFH) accommodations based on mental health conditions. This knowledge gap has the potential to reshape the "Return to Office" (RTO) landscape, creating both opportunities and challenges for employees and employers alike. RTO Mandates...

Shanghai-based luxury fashion conglomerate Lanvin Group has named Regis Rimbert as the new CEO of Wolford AG, effective June 14. This appointment follows the departure of Silvia Azzali, who resigned for personal reasons and was approved by Wolford AG's supervisory board. In his new position, Rimbert will oversee the strategic...

Situated along the Adriatic Sea, Croatia seamlessly blends history and culture with its captivating scenery. In 2024, Croatia continues to allow visa-free entry for visitors from 90 countries, permitting short-term stays for tourism. This privilege extends to nations such as Albania, Australia, Canada, Japan, and the United States, among others....

Japan's rapid adoption of new artificial intelligence tools positions it to significantly boost its economy and tech sector, according to Microsoft Japan President Miki Tsusaka. The country's push for digitalization, which gained momentum during the pandemic as businesses adapted to remote work, has helped it recover from previously lagging behind...

Norwegian dry bulk operator Western Bulk Chartering has appointed Torbjørn Gjervik as its new CEO, effective September 1, 2024. Gjervik will succeed Ørjan Svanevik, who has been serving as interim CEO since March. Svanevik, formerly a director and COO at Setankers Management, joined Western Bulk's board last August and stepped...

A recent Marketbuzzz survey identifies environmental issues as the foremost concern for Thais in 2024, with 30% of respondents highlighting pollution and related problems. This is closely followed by worries about rising prices at 28%. Grant Bertoli, CEO of Marketbuzzz, noted that environmental concerns and rising prices are major issues...

We live in an interconnected world, and staying in touch with others around the globe has become more critical than ever. There has been an increase in the number of people who can work from anywhere in the world post-pandemic. Many employees realized that “work from home” could mean “work...