Korn Ferry (NYSE: KFY) has announced in a regulatory filing that Mark Arian, the company’s CEO of consulting, passed away on February 6. In the filing, the company acknowledged Arian’s dedication, leadership, and contributions, describing them as invaluable. It expressed deep sorrow over his passing and extended heartfelt condolences to...

Culina Group has announced the appointment of Liam McElroy as its new Chief Executive Officer (CEO), while Fabian Koehler, the company’s Chief Strategy Officer, has been named Deputy Group CEO. McElroy, who has held senior positions in the logistics and travel sectors at companies such as GXO, Swissport, Wincanton, and...

Expedia Group closed out 2024 on a high note, with new Chief Financial Officer Scott Schenkel describing the company’s fourth-quarter and full-year financial results as a strong performance with a solid finish. Speaking to analysts on Thursday night, shortly after assuming his new role, he highlighted key growth drivers across...

Xiaomi (HKG: 1810, OTCMKTS: XIACY) is accelerating efforts to expand its electric vehicle (EV) production capacity as delivery wait times remain lengthy. Lei Jun, the company’s founder, chairman, and CEO, shared on Weibo that he had visited Xiaomi’s EV factory to discuss strategies with the manufacturing team on increasing capacity...

Georges Elhedery, the newly appointed chief executive of HSBC, could receive a maximum compensation package exceeding $18.7 million under a proposed remuneration plan being discussed with the bank’s largest shareholders. HSBC’s remuneration committee is currently gauging investor sentiment on a potential restructuring of Elhedery’s pay, which would involve reducing his...

European Commission President Ursula von der Leyen is set to meet with industry leaders on February 26 to reassure top European manufacturers that the European Union will take action to enhance competitiveness during its ambitious green transition. The meeting is expected to take place after the EU’s executive branch unveils...

Bill Gates, Melinda French Gates, and Warren Buffett have collectively contributed nearly $100 billion to the Gates Foundation, underscoring their deep commitment to philanthropy. The foundation’s records indicate that between its inception in 2000 and the end of 2023, Gates and French Gates donated $59.5 billion, while Buffett, the CEO...

Johan Rupert, South Africa’s wealthiest individual and currently the richest person in Africa, has experienced a significant surge in his net worth, increasing by $2.7 billion within a single month. At the start of January, Rupert’s fortune was valued at $11.3 billion, reflecting December’s assessment of Africa’s richest individuals, as...

S4 Capital CEO Martin Sorrell has been relentless in his critique of the Omnicom-IPG merger, treating it as an easy target for scrutiny. Since the deal was announced, he has consistently questioned Omnicom’s reasoning, repeatedly casting doubt on whether the acquisition makes financial sense. His latest remarks came at the...