Vale's Board of Directors, in collaboration with CEO Eduardo de Salles Bartolomeo, has opted to extend his current mandate until December 31st, 2024, while simultaneously commencing the succession process in accordance with Vale's CEO Succession Policy. Furthermore, it has been agreed that Bartolomeo will facilitate the transition to new leadership...

Following the departure of CEO Kelly Bayer Rosmarin in the aftermath of a significant outage, Lambo Kanagaratnam, Managing Director of Networks at Australian operator Optus, has resigned from the company, as reported by The Sydney Morning Herald. The newspaper disclosed details from an internal memo circulated among Optus staff, revealing...

Hitachi Energy has revealed that Andreas Schierenbeck will take the helm as the new Chief Executive Officer, commencing his role on July 1, 2024. Claudio Facchin, the current CEO, will step down from his position at the end of June 2024. Andreas will collaborate closely with the Hitachi Energy Board,...

In the wake of sanctions imposed by Canada over his involvement in Tehran's crackdown on women resisting the hijab, Masoud Dorosti, CEO of Tehran Metro Company, has stepped down from his position. Dorosti found himself on Canada's sanctions list on International Women's Day, a move that coincided with his family's...

In a bid to secure a larger share of Australia's wealthiest families, ANZ is tasking its private bankers with the formidable challenge of outpacing global investment giants like Morgan Stanley and UBS. The bank's ANZ Private division is seizing the opportunity presented by what is anticipated to be one of...

Historical records portray Empress Wu as the most prosperous woman of her time, with some scholars positing her as the wealthiest woman to have ever graced history's stage. Her purported net worth was staggering, reaching an astonishing USD 16 trillion, eclipsing the combined fortunes of Musk, Mukesh Ambani, Jeff Bezos,...

The room grew quiet. All of the executive team members had shared their thoughts on the topic. The only person not to speak was the CEO. “He always encourages us to speak first, and then, and only then, will he share his perspective”, says one of the vice presidents. “By going...

As an investment management leader for over 30 years, I learned that GOOD leaders follow obvious leadership practices. However, GREAT leaders learn to think differently. Earlier in my career, as I assumed greater responsibilities with larger teams, I tried to do all the things good leaders do: Be a good...

With today’s long fundraising cycles and low chances of closing a round, founders of innovative technology startups who are frustrated by all the rejection may be inclined to dreams of cashing out. Given the massive drop in venture capital exits in the last two years, founders should set exit fantasies...