Executive Insider

The average chief executive makes 278 times the pay of a typical company employee, according to a new study by the Economic Policy Institute, which analyzed executive pay between 1978 to 2018. The study found that in 2018, Chief executives at the US’s top 350 companies were earning an average...

Rupert Hogg, chief executive officer of Cathay Pacific Airways Ltd., one of Hong Kong’s most prominent companies, has resigned. Mr. Hogg’s resignation will be effective on Monday, August 19, 2019. Hogg will be replaced as CEO by Augustus Tang, the chief executive of Hong Kong Aircraft Engineering Company Limited (HAECO)....

# Nvidia founder and CEO Jensen Huang said that artificial intelligence (AI) would drive long-term demand because it is the “single most powerful force of our time,” and that there are more than 4,000 AI startups working with Nvidia. Nvidia Corp. (NASDAQ: NVDA) reported revenues of $2.58 billion, down from...

German luxury carmaker BMW's former head of production, Oliver Zipse, will take over from chief executive Harald Krüger. Oliver Zipse will assume the role of Chairman of the Board of Management of BMW AG effective on 16 August 2019. Zipse spent his entire professional life at BMW AG: 1991, joined...

# Sir George Iacobescu is stepping down as chief executive of the Canary Wharf Group. Sir George Iacobescu CBE, 73, a business veteran who fled communist Romania in 1975, is both chairman and CEO of Canary Wharf Group, the owners and developers of the Canary Wharf estate in London Docklands....

Executive Insider is a daily roundup for CEOs, CFOs, CIOs, senior management executives, business leaders, high net worth individuals worldwide, and more. CEOWORLD magazine reviews news, analyst reports, insights, and facts each day of the week across 500 industries, 1,200 CEOs across 96 countries. # Swiss engineering firm ABB has...