VIP Industries' Board of Directors has named Manish Desai as the company's new Chief Financial Officer, effective from February 14, 2024. Neetu Kashiramka, who currently serves as managing director and CFO, will be re-designated solely as managing director from the same date. Desai brings over 25 years of experience in...

PASQAL has appointed Wasiq Bokhari as Chairman of its Board of Directors and promoted Loïc Henriet to Deputy CEO. The company also introduces a revamped organizational structure comprising three distinct divisions: Hardware, Software, and Product. In his new capacity, Bokhari will leverage his extensive expertise in structuring and scaling innovative...

Exscientia, a leading artificial intelligence drug discovery company, revealed on Tuesday that founder and CEO Andrew Hopkins has been terminated from his position following an investigation into his involvement in relationships with two employees. The termination, effective immediately and for cause, comes after an inquiry concluded that Hopkins' conduct was...

Lyft experienced significant stock volatility in extended trading on Tuesday, initially soaring before retracting following the acknowledgment of a major error during the company's earnings call by Chief Financial Officer Erin Brewer. Revenue met expectations at $1.22 billion. Brewer clarified that the press release had misstated the margin expansion for...

Tracey Black, the President and CEO of Payments Canada has announced her departure from the organization effective March 31, 2024, prompting a quest for a new leader. Citing the conclusion of her four-year term, Payments Canada, headquartered in Ottawa, disclosed that Black opted not to extend her contract. During her...

Agropolychim has announced a change in leadership as CEO Philippe Rombaut steps down, making way for Teodor Petsov to assume the role of head of production operations. While Rombaut transitions to the position of chairman of Agropolychim's board of directors, he will shift his focus towards steering the company's strategic...

In an announcement by the board of directors on Wednesday, EuropaCorp named Jean-Marc Lacarrère as its new CEO, effective March 1. This move follows the resignation of Axel Duroux, who served as CEO for nearly four years until December, amid ongoing restructuring efforts within the Paris-based studio. Luc Besson, the...

Tradeshift, a leading B2B eCommerce and FinTech platform has announced the appointment of Iain Balchin as its newest chief financial officer. Balchin's extensive experience in elevating FinTech firms positions him well for this role, according to a press release issued by Tradeshift on February 13. In a statement, Balchin expressed...

As of February 15, 2024, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 20.2 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), James Dyson (No. 4, $9.7 billion) and Alexander Gerko (No. 3, $8.1 billion). Denise Coates is the fifth-richest person...