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Icelandic processing equipment manufacturer Marel has announced Sebastiaan Boelen as its new Chief Financial Officer effective Monday, succeeding Stacey Katz, who served the company for nearly a decade and is stepping down immediately. This appointment is part of a series of senior executive changes at Marel in recent months. In...

NMI Holdings has appointed Aurora Swithenbank as Executive Vice President and Chief Financial Officer, effective May 1, 2024. Swithenbank's appointment follows the tenure of Ravi Mallela, who has served as CFO since 2022 and will facilitate a seamless transition before assuming another role within the company. Swithenbank brings extensive industry...

Aon, a renowned global professional services firm, has designated Roman Romeo as the Chief Executive Officer of its Reinsurance Solutions Bermuda unit, effective April 1, 2024. This announcement coincides with the confirmation that Tony Fox, currently serving as CEO and Chairman of Reinsurance Solutions Bermuda, will retain his position as...

In a recent announcement, troubled Swedish real estate firm Oscar Properties OP.ST revealed the immediate departure of CEO Carl Janglin, contrary to the previous indication that he would remain until a successor was appointed. The board of directors will assume operational duties until a suitable replacement for the CEO role...

SCOR, a prominent player among Europe's significant reinsurers, has officially announced the departure of Stuart McMurdo, who served as Chief Executive Officer of its reinsurance division. In light of McMurdo's departure, Jean-Paul Conoscente, CEO of SCOR Global P&C, expressed gratitude for McMurdo's contributions, stating that Stuart's commitment to SCOR and...

Goodman Group led the Real Estate and Property Companies listed on the Australian Securities Exchange as of March 2024, with a market capitalization of over 59.24 billion Australian dollars. Meanwhile, Scentre Group Limited took second place, with a market cap of around 16.68 billion Australian dollars, followed by Stockland (10.96...

Newcrest Mining was ranked as the largest silver mining company listed on the Australian Securities Exchange as of March 2024, with a market capitalization exceeding 20 billion Australian dollars. Silver, also known as Ag, is a precious metal that is around 1/80th the price of gold. According to the U.S....

The resurgence in big spending on mergers and acquisitions (M&A), exemplified by Capital One's $35 billion deal for Discover Financial and Walmart's $2.3 billion acquisition of smart TV maker Vizio, suggests a renewed confidence in corporate America's appetite for strategic expansion and consolidation. Such deals often reflect a company's desire...

As of February 29, 2024, Iris Fontbona was the wealthiest person in Chile, with an estimated net worth of 25.1 billion U.S. dollars, followed by Jean Salata (No. 2, $6.9 billion), Horst Paulmann (No. 3, $3.4 billion); and Julio Ponce Lerou  (No. 4, $2.6 billion). Roberto Angelini Rossi is the fifth-richest person in Chile, with...

As of February 29, 2024, Eduardo Saverin was the wealthiest person in Brazil, with an estimated net worth of 26.8 billion U.S. dollars, followed by Vicky Safra (No. 2, $20.8 billion), Jorge Paulo Lemann (No. 3, $16.4 billion); and Marcel Herrmann Telles (No. 4, $10.9 billion). Carlos Alberto Sicupira is the...