Executive Insider

Boeing’s largest union urged the company’s newly appointed CEO, Kelly Ortberg, to play a more active role in resolving a labor dispute that has led to a strike involving approximately 33,000 workers on the U.S. West Coast. The request comes after Boeing cut healthcare benefits for the striking employees. Ortberg,...

The global economic outlook is showing signs of stabilization, yet vulnerabilities remain, according to the World Economic Forum’s September 2024 Chief Economists Outlook. The report notes that while inflation is easing and global trade remains resilient, high levels of public debt in both advanced and developing economies pose significant threats...

As more expatriates express concerns over being priced out of Dubai due to escalating rental costs, Sharjah, a city with a history spanning 7,000 years, is positioning itself as an attractive nearby alternative. Located just north of Dubai, Sharjah has begun to attract investors thanks to a law passed less...

Mira Murati, OpenAI’s Chief Technology Officer, has announced her decision to step down from the company. In a post shared on X, she explained her departure, stating that she wanted to make space for personal exploration while focusing on ensuring a smooth leadership transition. Murati’s exit comes alongside two other...

Wizz Air has faced significant opposition from its shareholders over plans to substantially increase CEO Jozsef Váradi’s compensation. The airline proposed a restricted share award for Váradi, equivalent to 300% of his rough $949,06 salary, sparking a backlash at its annual general meeting, where 34.42% of shareholders voted against the...

The roles CEOs play in every company are always multifaceted and demanding. It requires strategic thinking, adaptability, the ability to manage resources and people effectively and excel at communication. To stay competitive and improve organizational success, CEOs need the help of modern tools that can complement their skills. Financial Management...

Following the arrest of Telegram founder and CEO Pavel Durov in France last month, the messaging platform is making significant adjustments to its stance on user privacy and security. Durov was detained and questioned by French authorities over allegations involving criminal activities on the platform, including gang-related transactions and trafficking,...

The Tonga Supreme Court has ruled that the CEO and Executive Board of the Tongan Development Bank will remain in their positions despite an ongoing dispute with the National Reserve Bank of Tonga. The court also imposed restrictions on the Development Bank, prohibiting it from engaging in economic development activities...

UK retail giant Next is pivoting towards wealthier shoppers, responding to a growing trend of consumers opting for "fewer, better quality" purchases, according to CEO Lord Simon Wolfson. As the company raised its annual profit forecast to nearly $1.3 billion, it also revealed plans to cater to more affluent customers...

Australian pension funds Equip Super and TelstraSuper are in discussions to merge, potentially forming a $41 billion fund. This move marks another consolidation among smaller players in the pension industry. According to a statement released Wednesday, the boards of both funds have signed a non-binding memorandum of understanding to move...