Success and Leadership

HSBC announced on Wednesday that Georges Elhedery will assume the role of group CEO starting September 2. Elhedery, currently the Chief Financial Officer, will replace outgoing head Noel Quinn. HSBC has not yet announced a successor for Elhedery as CFO. During the transition, Quinn will work closely with Elhedery to...

A new study by PwC indicates that advertising will become increasingly crucial for streaming platforms like Disney, Netflix, Warner Bros. Discovery, and Amazon. According to PwC's Global Entertainment & Media Outlook 2024-2028, advertising is projected to account for almost 28% of streaming service revenue by 2028, up from 20% in...

As today’s small businesses continue to juggle rising interest rates, inflationary pressure, and overall economic uncertainty, FundKite, a leading small business lender, has launched a new division aimed at better meeting the needs of today’s small businesses. The company’s new Merchant Services Division provides small businesses with a comprehensive suite...

The development of offshore wind energy along the U.S. East Coast has led to a surge in port investments, with the Oceantic Network reporting $4 billion in new projects. These investments are creating thousands of jobs in building significant infrastructure. The Oceantic Network has identified 25 U.S. ports actively involved...

Over the past five years, 261 people have died in the United States because they swam against a riptide and drowned. By comparison, 58 people have died from shark attacks in the past 50 years in total. Riptides are overlooked killers, but they’re also convenient. Surfers paddle out on riptides to catch...

Nielsen's metadata unit Gracenote has appointed former Snapchat executive Jared Grusd as its Chief Executive Officer, marking the first time this newly created role has been filled. Grusd assumed the position on July 8, reporting directly to Nielsen CEO Karthik Rao, who has been leading the company since September. Prior...

The United States boasts the highest number of billionaires globally, while Switzerland leads in average wealth per person. Germany also ranks prominently in these metrics. According to the latest Global Wealth Report by Boston Consulting Group (BCG), Germany is home to around 3300 billionaires. In contrast, the USA has approximately...

Finland-based metals producer Outokumpu Corp. has announced the appointment of Kati ter Horst as its President and CEO, effective October 9, 2024. Outokumpu had announced in early May that its current CEO, Heikki Malinen, intended to leave the firm to pursue a career opportunity outside the company. Malinen, who joined...

Former GPT Group CEO Bob Johnston is set to join the board of fellow property developer Stockland, starting October 1. Johnston's appointment follows his departure from GPT in March, where he had served as Chief Executive for eight years. His extensive career in the property sector includes significant leadership roles,...

Launched in 2010, the Green Commodities Programme (GCP) has been crucial in driving significant changes in sustainable agricultural production, with an emphasis on societal, economic, and environmental impact. Building on the success of the previous two phases, the renewed collaboration between the United Nations Development Programme (UNDP) and the Swiss...