As of November 22, 2023, Carlos Slim Helu has a net worth of US$94.4 billion, making him the wealthiest person in the telecom industry. Sunil Mittal follows in second place with $7.6 billion, while Rocco Commisso ranks third with $7.5 billion, and Xavier Niel comes in fourth with $6.6 billion....

Some companies have faced resistance in pursuing sustainability and ESG (Environmental, Social, and Governance) goals, but Mars Inc. is intensifying its commitment. Recently, Mars announced a $1 billion investment over three years aimed at cutting emissions by 50% by 2030, eventually reaching net zero by 2050. Their strategies include enhancing...

Citigroup's CEO, Jane Fraser, detailed substantial management changes in a broad reorganization, as stated in a staff memo released on Monday. Fraser emphasized the challenging yet significant nature of the restructuring efforts, stating, "The actions we're taking to reorganize the firm involve some difficult, consequential decisions, but we believe they...

GHSP, a prominent global provider of advanced technology and product solutions for the automotive industry, has appointed Gina Chan as their Chief Financial Officer. In this capacity, Gina will spearhead the vision, strategy, and the evolution of business processes and personnel to enforce robust financial controls. With more than 20...

Esker has announced the appointment of Catherine Plasse as the company's new Chief Financial Officer. Plasse, reporting to Emmanuel Olivier, Esker's COO on the Board of Directors, will oversee and coordinate Esker's finance teams worldwide. Additionally, she will join Esker's Associate Board of Directors, taking charge of creating information for...

Kevin Burns, a seasoned technology industry leader, has been appointed as the new Chief Financial Officer of Coupa Software, a spend management company. This move follows the departure of Tony Tiscornia, the company's previous CFO of 11 years, who announced his decision to leave via a LinkedIn post last month....

Stephan Schmitter is set to assume the role of CEO of RTL Deutschland on January 1, 2024, while retaining his position as Chief Content Officer. This transition follows former CEO Stephan Schafer's departure after a brief 12-month tenure. He succeeds interim CEO Thomas Rabe, who took charge following Schafer's exit. Additionally,...

On Monday, Fidelity International disclosed that Anne Richards has resigned from her position as Chief Executive Officer after a five-year tenure and will assume the role of Vice Chair within the company. Fidelity announced that information regarding Richards' successor will be disclosed at a later time. Richards, boasting over three...

OpenAI made an announcement on X (formerly known as Twitter) early Wednesday, revealing Sam Altman's reinstatement as CEO. This decision came after significant pressure from both employees and investors who urged the board to reverse their recent ousting of Altman. Accompanying Altman's return, OpenAI also introduced new additions to its...