The Timken Company (NYSE: TKR) has revealed its leadership succession plan with the appointment of Tarak Mehta as the next President and Chief Executive Officer, effective September 5, 2024. With sales of $4.8 billion in 2023 and a global workforce of over 19,000 employees, Timken operates in 45 countries. Mehta,...

Over the weekend, a Bitcoin address ranked among the top five wealthiest in the cryptocurrency ecosystem transferred $6 billion worth of the asset to three newly created wallets, igniting speculation and interest within the crypto community. The transfer, facilitated by blockchain analytics firm Arkham, involved splitting the initial 94,500 BTC...

Cordlife, the Singaporean private cord blood bank, revealed on March 27th in a regulatory filing the arrest of its Chief Financial Officer, Thet Hnin Yi, over potential breaches related to the company's disclosure obligations concerning the handling of cord blood units. Despite these developments, the company's nominating committee and board...

Carbon Re has appointed Josh Vernon as its new Chief Executive Officer. Vernon assumes the role of CEO from Sherif Elsayed-Ali, a co-founder of Carbon Re, who transitioned from his day-to-day responsibilities as CEO in 2023 to pursue new decarbonization challenges. Elsayed-Ali's leadership played a pivotal role in steering Carbon...

Investcorp has announced the appointment of Mr. Abbas Rizvi as its Group Chief Financial Officer, effective April 1st, 2024. Rizvi's appointment follows the decision of Investcorp's current CFO, Mr. Jan Erik Back, to retire. Rizvi expressed his honor and excitement in assuming the role of CFO, emphasizing his deep commitment...

Resynergi Inc. has appointed Jens Umehag as its new Chief Operating Officer and Chief Financial Officer. As COO and CFO, Umehag will play a pivotal role in shaping Resynergi's growth strategy, overseeing business operations, and spearheading financial initiatives. Reporting directly to CEO Brian Bauer, Umehag will lead efforts to optimize...

Rave Restaurant Group unveiled a series of executive appointments, including the naming of Jay Rooney as Chief Financial Officer. The Dallas-based company made the announcement on Tuesday, showcasing its commitment to strategic leadership and operational excellence. In addition to Rooney's appointment, Rave Restaurant Group announced several other key executive hires,...

ZZ Inc. (NYSE: AZZ) has disclosed significant leadership changes with the retirement of Mr. Philip Schlom, Chief Financial Officer of AZZ. Mr. Schlom will step down from his position upon the completion of his current agreement on November 4, 2024. In his stead, Mr. Jason Crawford, Senior Vice President -...

London-based Scaleup Finance has announced a significant milestone, securing over $8 million in funding to address the intricate challenges of financial management encountered by startups and scale-ups. The investment, led by Inveready and supported by a consortium of prominent investors, including Crowberry Capital, Seed X, PROfounders, Fin Capital, and CircleRock...