Fieldwork Robotics Ltd. has announced the receipt of an approximately $759k government grant from the Department for Environment, Food and Rural Affairs (DEFRA) and Innovate UK. The grant, awarded for the BerryAI Project, will propel the development of Fieldwork's technology, integrating AI-powered vision and advanced decision-making capabilities into its robotic...

Webster Financial Corporation (NYSE: WBS) has announced the retirement of Glenn MacInnes from his role as Executive Vice President and Chief Financial Officer after 13 years with the company. Mr. MacInnes will continue to serve as CFO until a successor is appointed by Webster's Board of Directors, after which he...

Momentus Inc. (NASDAQ: MNTS), headquartered in the United States, has announced the appointment of Lon Ensler as its interim Chief Financial Officer, effective April 2. Ensler will succeed Eric Williams, who will conclude his tenure as CFO on April 1. With a career spanning over three decades, Lon Ensler brings...

Open Lending, a company specializing in assisting financial institutions in developing auto loan portfolios, has announced a significant leadership change. Chuck Jehl, the current Chief Financial Officer, will assume additional responsibilities as Chief Operating Officer and interim CEO following the resignation of Keith Jezek from the CEO position and the...

Boeing CEO Dave Calhoun has announced his decision to step down, marking a pivotal moment for the aircraft manufacturer amidst ongoing production challenges and safety concerns. In a statement issued on Monday, Boeing outlined Calhoun's plan to remain in his role until the end of 2024, emphasizing the need to...

In a significant development for Third Wave Coffee, Co-founder Sushant Goel will be stepping down from his role as CEO to join the company's board, marking a strategic shift in leadership. Rajat Luthra has been announced as his successor, effective from the first quarter of 2024-25. Under the stewardship of...

Maju Kuruvilla, the erstwhile CEO of one-click checkout company Bolt, has stepped down from his position, making way for Justin Grooms, Bolt's global head of sales, who now assumes the role of interim CEO, as per Grooms' LinkedIn profile. Justin Grooms, with a background in executive roles at companies like...

In a pivotal move for luxury skincare brand La Prairie, the Group has appointed Estelle Létang as its incoming CEO, effective April 1, 2024. With her base at the company's headquarters in Zurich, Switzerland, Estelle Létang will assume the mantle, reporting directly to Patrick Rasquinet of Beiersdorf's Executive Board. Estelle...

Achieving long-term profitability is a goal that every business aspires to, yet many struggle to sustain it over time. Approximately 40% of small businesses achieve profitability over time. However, 30% experience losses, and another 30% simply break even. The primary reasons for business failure often include a lack of demand and...