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Chief Executive Insider

Former Pfizer Executives Step Back from Starboard Value’s Campaign

Former Pfizer CEO Ian Read and ex-CFO Frank D’Amelio announced on Wednesday evening that they would be withdrawing from Starboard Value's activist campaign targeting the pharmaceutical giant. This decision comes just days after news of Starboard's stake in Pfizer emerged. In a joint statement issued through an investment bank, Read...
CEO LifestyleMoney and Wealth

In Massachusetts, Abigail Johnson, With a Net Worth of $31.3 Billion, is More Than 10 Times Wealthier Than Oprah Winfrey

Figures like Oprah Winfrey, frequently mentioned as one of the richest in the world, have amassed fortunes that most can only dream of. Yet, a lesser-known fact reveals that the richest individual in Massachusetts holds wealth exceeding Oprah’s by over tenfold. According to the latest list of America's Richest People,...
Francoise Bettencourt Meyers
CEO PerspectivesMoney and Wealth

Francoise Bettencourt Meyers to Become World’s Richest Woman Once Again Amid Luxury Stock Surge

Alice Walton’s brief reign as the world’s richest woman ended Thursday when Francoise Bettencourt Meyers, the heiress to the L’Oréal fortune, regained the top spot. Meyers saw her net worth surge to $93.1 billion, surpassing Walton’s $90.4 billion, following a strong rally in European luxury stocks tied to a Chinese...
CEO ExplainersCEO Perspectives

Indonesia’s Digital Economy Yields $1.75 Billion in Tax Revenue by 2024

From 2022 through August 2024, Indonesia’s digital economy sector generated $1.75 billion in tax revenue, according to the Taxation Directorate General under the Ministry of Finance. This revenue was collected through Value Added Tax (VAT) from e-commerce platforms and marketplaces, taxes on cryptocurrency, peer-to-peer lending (P2P) taxes, and procurement taxes...
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