Asia's wealthiest tycoon, Mukesh Ambani, is making strides into Ghana's telecom sector with Next-Gen InfraCo (NGIC), aiming to capitalize on the rapidly expanding mobile broadband market. NGIC, driven by Reliance Industries Ltd.'s subsidiary Radisys Corp., plans to introduce 5G broadband services in Ghana later this year. Supported by industry leaders...

Gina Rinehart, Australia's wealthiest woman and a prominent patron of the National Gallery, finds herself at the center of a controversy surrounding an exhibition by notable Australian artist Vincent Namatjira. Among Namatjira's works is a caricature portrait of Rinehart, alongside depictions of 20 other famous figures, including Queen Elizabeth, footballers, singers, and politicians, all rendered in caricature....

Ernest Garcia II: The Patriarch and Major Shareholder At the age of 67, Ernest Garcia II is the principal shareholder of Carvana, an online marketplace for selling used cars and offering auto loans, which launched its IPO in 2017. Carvana was initially established by his son, Ernest Garcia III, as...

Your Part-Time Controller, LLC (YPTC) has appointed Nick Celenza as its new Chief Financial Officer. With extensive experience in both public companies and private equity environments, Celenza brings a robust background in financial strategy and operational leadership. Jennifer Alleva, CEO of YPTC, highlighted Celenza’s financial expertise and leadership experience, noting...

Binary Tree has announced the addition of Eli Bakofsky to its senior management team as Chief Financial Officer. In this role, Bakofsky will oversee the company's finance, acquisition, legal, risk management, human resources, and administrative functions. With over 25 years of experience in senior-level accounting, finance, and operations roles, Bakofsky...

The Fracht Group has announced the appointment of Mark Huesler as its new Chief Financial Officer for North America. In this role, Huesler will be responsible for overseeing the company’s financial operations, including strategic financial planning and ensuring fiscal stability. Huesler brings over 20 years of financial leadership experience to...

LVMH is undergoing significant changes in its executive leadership. In an internal announcement on Monday, the French luxury conglomerate revealed that Pierre-Emmanuel Angeloglou will become the new CEO of Fendi starting June 1. Angeloglou, who currently serves as managing director of the LVMH Fashion Group, will maintain this position alongside...

Krishna Rao, an Indian American strategic finance leader, has been named the Chief Financial Officer of artificial intelligence startup Anthropic. Anthropic announced Rao's appointment on May 21, highlighting his nearly 20 years of experience in strategic finance roles for customer-centric, high-profile brands, as well as his background as an investor. The company emphasized...

Hotel Equities (HE) has announced the promotion of Eric McCarthy-Zink to Chief Financial Officer. McCarthy-Zink joined HE in 2021 as part of the company's strategic partnership with The Hotel Group. Recognizing his early potential, HE quickly promoted him to oversee hotel accounting for the enterprise. His leadership and expertise have been pivotal...