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May 4, 2021

Change of CEO

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Reuters
TOKYO (Reuters) – Shares in Japan’s Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign. FILE PHOTO: Toshiba Corp CEO Nobuaki Kurumatani attends a news conference at the company’s headquarters in Tokyo,......

Exclusive: GameStop initiates search for new CEO – sources

Reuters
(Reuters) – GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday. FILE PHOTO: A GameStop store is seen in the Jackson Heights neighborhood......

Uniper CEO, CFO are leaving the group

Reuters
FILE PHOTO: Andreas Schierenbeck, CEO of German energy utility company Uniper SE, attends a news conference in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen/File Photo FRANKFURT (Reuters) – Uniper boss Andreas Schierenbeck and finance chief Sascha Bibert are leaving the German utility with immediate effect, the company said. Supervisory Board......

Timeline: Events leading up to Ant Group CEO Hu’s departure

Reuters
(Reuters) – Ant Group’s CEO Simon Hu unexpectedly resigned on Friday in the midst of the financial technology group’s regulatory-driven revamp after its scuttled initial public offering. FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020.......

Global mining trade group picks sustainability expert as new CEO

Reuters
JOHANNESBURG (Reuters) – The International Council on Mining and Metals (ICMM) said on Tuesday that it had appointed Rohitesh Dhawan, a managing director at Eurasia Group with expertise in climate change and sustainability, as the trade group’s new chief executive. The appointment of Dhawan, effective from April, reflects increased pressure......

Breakingviews – Coal wobble flags Glencore’s green high-wire act

Reuters
Glencore Chief Executive Ivan Glasenberg attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. LONDON (Reuters Breakingviews) – Ivan Glasenberg is leaving Glencore shareholders and green activists with a parting climate conundrum. The South African’s final results-in-charge revealed a collapse in coal EBITDA to......

Parler terminates CEO John Matze

Reuters
By Reuters Staff 1 Min Read Feb 3 (Reuters) – Social media platform Parler has terminated CEO John Matze, according to a text by Matze to Reuters. (Reporting by Kanishka Singh in Bengaluru Editing by Chris Reese) Our Standards: The Thomson Reuters Trust Principles. Source – For more click here......

UniCredit investors, Del Vecchio eye pact to steer CEO choice – paper

Reuters
FILE PHOTO: A view of the Unicredit headquarters of which many employees are working from home due to a coronavirus outbreak, in Milan, Italy March 2, 2020. REUTERS/Yara Nardi MILAN (Reuters) – A group of local investors in UniCredit holding an aggregate 5% of Italy’s second-biggest bank is considering striking......

SABIC’s time limit request for Clariant board would end chairman’s term

Reuters
Chief Executive Hariolf Kottmann of the Swiss specialty-chemical company Clariant addresses a news conference in Zurich, Switzerland September 18, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Swiss chemicals maker Clariant’s biggest shareholder, Saudi Basic Industries Corporation (SABIC), on Monday asked for a 12-year time limit for Clariant board members that would......

Volkswagen shares gain as CEO gets backing from supervisory board

Reuters
FILE PHOTO: The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir/File Photo FRANKFURT (Reuters) – Shares in Volkswagen rose as much as 3.7% on Tuesday after the carmaker said its CEO......

Australian gas producer Woodside’s CEO Peter Coleman to retire in 2021

Reuters
FILE PHOTO: Woodside Petroleum Chief Executive Peter Coleman attends an interview with Reuters in Hong Kong, China March 29, 2017. REUTERS/Bobby Yip (Reuters) – Australia’s Woodside Petroleum Ltd said on Tuesday that long-time Chief Executive Officer Peter Coleman will retire in the second half of 2021 and the search for......

Timeline: Rio Tinto’s sacred Indigenous caves blast scandal

Reuters
(Reuters) – Mining giant Rio Tinto Ltd destroyed two ancient and sacred rock shelters in the Pilbara region of Western Australia as part of an iron ore mine expansion in late May. FILE PHOTO: A sign adorns the building where mining company Rio Tinto has their office in Perth, Western......

UniCredit board holds governance talks as future of CEO in question

Reuters
By Valentina Za, Giuseppe Fonte, Gianluca Semeraro MILAN (Reuters) – UniCredit’s board was holding informal discussions over the Italian bank’s governance on Sunday, a person familiar with the matter said, amid doubts over whether its chief executive will stay. FILE PHOTO: Unicredit bank logo is seen in the old city......

UniCredit to hold extraordinary board meeting on governance: source

Reuters
MILAN (Reuters) – UniCredit is expected to hold an extraordinary board meeting on Sunday to discuss governance issues as Chief Executive Jean Pierre Mustier’s mandate comes up for renewal in the spring, a person familiar with the matter said. FILE PHOTO: Unicredit bank logo is seen in the old city......

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