Success and Leadership

In a significant development, Simbarashe Kadye, Chief Finance Officer of WestProp, has been appointed as the President of the Zimbabwe CEO Network, entrusted with steering the network through an ever-evolving industry landscape. Tafadzwa Matsika, Executive Director of the CEO Network, conveyed the announcement to Kadye through a letter, expressing excitement...

In a significant development, NZX-listed Cannasouth (CBD) has entered voluntary administration, prompting the suspension of trading in its shares by the regulator. Earlier this week, the firm instigated a trading halt following a dispute with secured convertible noteholders, a situation deemed potentially detrimental to a critical capital raise by NZ...

Centrica's chief executive, Chris O'Shea, witnessed a notable increase in his annual pay, totaling approximately $10.4 million for 2023, as revealed in the energy company's latest annual report. This substantial rise, from $5.7 million in the previous year, was primarily attributed to bonuses linked to Centrica's share price performance and...

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,...

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...

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...

In a strategic move set to take effect from April 1, 2024, Stellantis has appointed Alexandre Sorel as the incoming Chief Executive Officer for its financial services arm in Europe and South America. Sorel steps into this pivotal role, succeeding Remy Bayle, who has opted for retirement after an illustrious...

The Duncan family, renowned for their significant stake in Enterprise Product Partners, founded by the late Dan Duncan in 1968, commands approximately one-third of the company's stock. The family is estimated to have a net worth of $30 billion. Dan Duncan's journey from rural Texas poverty to pipeline magnate epitomizes...

Fieldwork Robotics Ltd. has announced the receipt of an approximately $759k government grant from the Department for Environment, Food and Rural Affairs (DEFRA) and Innovate UK. The grant, awarded for the BerryAI Project, will propel the development of Fieldwork's technology, integrating AI-powered vision and advanced decision-making capabilities into its robotic...

Peter G. Angelos, the owner of the Baltimore Orioles (also known as the O's) team, passed away on Saturday at the age of 94. Angelos had been ill for several years. His family announced his death in a statement thanking the caregivers who provided comfort to him in his final...