Aging populations worldwide are poised to transfer trillions of wealth annually. In the United States alone, Baby Boomers and older generations hold a significant portion of household wealth and are expected to pass it down to descendants. In the list of the top 25 wealthiest, all individuals are 33 or...

Telenor's TEL.OL announces the departure of Chief Financial Officer Tone Hegland Bachke, who is set to join privately held Dutch conglomerate SHV Holdings. Kasper Wold Kaarboe, currently Head of Performance and Ownership at Telenor, will step in as acting CFO from May 8, according to a statement released by the...

British International Investment (BII), in collaboration with FMO, announced a joint loan commitment of US$50 million to BECIS, a leading energy-as-a-service (EaaS) provider in Southeast Asia. The financing facility will support BECIS' expansion and the deployment of its innovative energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia, and India,...

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU: NWS) has provided an update regarding recent developments in a filing with the Securities and Exchange Commission (SEC). Susan Panuccio, the Chief Financial Officer of News Corporation, disclosed the acquisition of stock-settled restricted stock units equivalent to shares of...

Alan Drimmer, Ph.D., President of Cleary University, has announced the appointment of Hoa Nguyen as the institution's new Chief Financial Officer, effective Monday, April 15, following an extensive search process. As CFO, Nguyen will report directly to President Drimmer and will oversee all financial aspects of the university, providing strategic...

DMI has appointed Peter Carlson to its executive leadership team as Chief Financial Officer, marking a significant milestone in the company's trajectory towards sustained growth and success, according to CEO Rocky Thurston. Thurston emphasized Carlson's multifaceted expertise, portraying him not only as a financial leader but also as a strategic...

Amid mounting financial struggles, Arjun Mohan, CEO of Byju's India, has tendered his resignation just seven months into his tenure. Founder Byju Raveendran will resume leadership amidst efforts to address outstanding debt, salary dues for employees, and payments to vendors. Mohan will transition to an external advisory role within the...

Essar Power has appointed Ankur Kumar as the Chief Executive Officer of its esteemed renewables business division, heralding a new chapter in the company's green energy journey. In his new capacity, Ankur will collaborate closely with the Essar Power Board and Leadership Teams, forging a robust portfolio in renewable energy...

Netarus, renowned for its innovative HoistCam product line, which comprises hook-mounted cameras catering to the crane, has announced the appointment of Ingo Schiller as its new fractional Chief Executive Officer, effective April 1, 2024. Christopher Machut, who has served as CEO since 2018, will transition to a new role within...