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May 3, 2021

Key Personnel Changes

Almost half of Shopify’s top execs to depart company: CEO

Reuters
(Reuters) – Three of e-commerce platform Shopify’s seven top executives will be leaving the company in the coming months, chief executive officer and founder of Canada’s most valuable company Tobi Lutke said in a blog post on Wednesday. FILE PHOTO: An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada,......

Senate votes to confirm Mallory to lead White House environmental council

Reuters
WASHINGTON, April 14 (Reuters) – The U.S. Senate voted 53-45 to confirm Brenda Mallory as head of the White House Council on Environmental Quality (CEQ), a key role that is central to federal environmental reviews of major infrastructure projects and coordinating the administration’s environmental justice and climate change policies. Mallory......

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......

More women in Italian boardrooms, but fewer female CEOs

Reuters
FILE PHOTO: Ferrari’s logo is seen on the facade of Milan’s stock exchange, downtown Milan, Italy January 4, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Italian listed companies have increased the number of women serving on their boards but the number of female chief executive officers fell slightly last year, the......

More women in Italian boardrooms, but fewer female CEOs

Reuters
FILE PHOTO: Ferrari’s logo is seen on the facade of Milan’s stock exchange, downtown Milan, Italy January 4, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Italian listed companies have increased the number of women serving on their boards but the number of female chief executive officers fell slightly last year, the......

Kosovo parliament elects Vjosa Osmani as new national president

Reuters
PRISTINA (Reuters) – Kosovo’s parliament has appointed a 38-year-old U.S.-educated female law professor and candidate of the ruling Vetevendosje party as the country’s new president, following an election in February. FILE PHOTO: Acting president in Kosovo Vjosa Osmani speaks during a news conference after preliminary results of the parliamentary election......

Kosovo parliament elects Vjosa Osmani as new national president

Reuters
PRISTINA (Reuters) – Kosovo’s parliament has appointed a 38-year-old U.S.-educated female law professor and candidate of the ruling Vetevendosje party as the country’s new president, following an election in February. Vjosa Osmani took over as acting president of Kosovo last November when her predecessor, Hashim Thaci, resigned ahead of his......

Niger’s President Bazoum appoints former minister Mahamadou as PM

Reuters
FILE PHOTO: Mohamed Bazoum sits at his pollitical party headquarters in Niamey, September 14, 2013. The ruling party’s candidate, Bazoum, will enter Sunday’s presidential run-off vote as the favourite to succeed outgoing Mahamadou Issoufou REUTERS/Joe Penney/File Photo NIAMEY (Reuters) – Niger’s newly elected President Mohamed Bazoum has appointed former minister......

Brazil names new military chiefs amid tensions with Bolsonaro

Reuters
BRASILIA (Reuters) -Brazil’s Defense Ministry on Wednesday named new commanders of its armed forces, a day after the previous three chiefs were sacked as part of President Jair Bolsonaro’s unprecedented attempt to meddle in the military. Paulo Sergio Nogueira de Oliveira will take over the army, Almir Garnier the navy......

GameStop hires Amazon executive as chief growth officer in e-commerce shift

Reuters
FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo/File Photo/File Photo (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after......

Exclusive: Uniper CEO might not get contract extension – sources

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 DUESSELDORF (Reuters) – The contract of Uniper Chief Executive Andreas Schierenbeck might not be extended, two people familiar with the matter said on Monday. Uniper’s......

Commerzbank to nominate Helmut Gottschalk as new chairman

Reuters
FILE PHOTO: A company logo is pictured at the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) – The German lender Commerzbank said on Sunday that its supervisory board would nominate Helmut Gottschalk as chairman of the bank. It had launched a......

Merck names Caroline Litchfield as new CFO

Reuters
FILE PHOTO: The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid (Reuters) – Merck & Co Inc said on Wednesday Caroline Litchfield will succeed Robert Davis as the company’s chief financial officer from April 1.......

Apollo says ex-SEC chief Clayton to take over as chairman from Black

Reuters
FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon in New York City, New York, U.S.,September 9, 2019. REUTERS/Shannon Stapleton (Reuters) – Apollo Global Management Inc on Monday appointed Jay Clayton, former U.S. Securities and Exchange Commission chief,......

UPDATE 1-China appoints new central bank monetary policy committee members

Reuters
(Adds detail, context) SHANGHAI, March 20 (Reuters) – China’s cabinet has appointed Cai Fang and Wang Yiming as new central bank monetary policy committee members, the country’s state council said in a statement on Saturday. Cai is an influential economist at the Chinese Academy of Social Sciences (CASS), a top......

Danone board ousts Faber as chairman after activist pressure

Reuters
FILE PHOTO: Emmanuel Faber, chief executive officer of French food group Danone, poses before a news conference to present the company’s 2017 annual results in Paris, France, February 16, 2018. REUTERS/Pascal Rossignol/File Photo PARIS (Reuters) – The board of French food group Danone on Sunday voted to oust Emmanuel Faber......

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.......

GFG’s Gupta says seeking standstill with Greensill administrators

Reuters
FILE PHOTO: Logo of Greensill Bank is pictured in downtown Bremen, Germany, March 10, 2021. REUTERS/Fabian Bimmer LONDON (Reuters) – The GFG Alliance is holding talks with administrators of Greensill Capital, which filed for insolvency this week, on a standstill agreement, GFG’s head Sanjeev Gupta said on Friday. “We are......

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......

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