Business
SingPost must quickly find a new group CEO to deliver it from its troubles
The postal-service provider’s road map following the sale of its Australian unit would shape the slate of candidates and its final pick of…
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CEO
Business
Hein Schumacher Is Out as CEO of Unilever
LONDON – After less than two years on the job, Hein Schumacher is out as chief executive officer of Unilever, and will be replaced by…
Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut about 4,000 of its contract and temporary staff workforce over the next three years as artificial…
News
Who Is Chelsea Manning? Famous Whistleblower Defends Alleged CEO Killer Luigi Mangione in Shocking Courtroom Appearance
On Friday, February 21, renowned whistleblower Chelsea Manning attended a Manhattan courtroom to support Luigi Mangione, who is accused of…
Business
EDB managing director Jacqueline Poh named JTC’s new CEO
THE Ministry of Trade and Industry (MTI) on Friday (Feb 21) announced that JTC Corporation will appoint a new chief executive officer.…
Business
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive award STANDARD Chartered chief…
Business
Wellness CEO Henry Davis Takes Life One Quarterly Playlist at a Time
Set aside his trajectory as an investment-banker-turned-Glossier-president and now Sakara Life chief executive officer, Henry Davis still…
Business
BCEO Talks: Michelle Peluso, CEO of Revlon
Revlon‘s newly minted chief executive officer Michelle Peluso wants to make the company unforgettable — for all the right reasons. Taking…
Business
Complex AI chips will drive demand for Lam Research chipmaking tools, CEO says
LAM Research chief executive Tim Archer said on Wednesday (Feb 19) that the thirst for complex artificial intelligence (AI) silicon will…
Business
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
Kontoor Brands has amassed a lot of cash since being spun off from VF Corp. in 2018. On Wednesday, it found a place to invest that money.…
Business
Honda ready to revive takeover talks if Nissan CEO Uchida leaves: report
Nissan’s board of directors has also started informal discussions regarding the timing of Uchida’s departure HONDA Motor will resume talks…
Business
SingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and…
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Business
EXCLUSIVE: CEO Marc Metrick Says Saks Global Will ‘Reset’ the Multibrand Luxury Distribution Model
After a tough 2024, the newly formed Saks Global has a master plan to “reset” how it conducts business and has begun providing some…
Business
Céline Assimon Steps Down as CEO of De Beers’ Diamond Jewelry Business
LONDON – Céline Assimon is stepping down as chief executive officer of De Beers Jewellers in a pivotal moment for the retail brand, and…
Fashion
Prada Group Confirms Silvia Onofri as Miu Miu CEO
MILAN- Prada Group on Thursday confirmed the appointment of Silvia Onofri as chief executive officer of the Miu Miu brand, effective Feb.…
Business
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief…
Business
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network…
Business
SingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility
SINGAPORE Post’s (SingPost) local operations chief executive Shahrin Abdol Salam,52, has resigned. He left the national postal service…
Business
Intel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue…
Business
Starbucks CEO made US$96 million in first four months on the job - The Business Times
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Business
UBS CEO signals job cuts will continue in quest to lower costs - The Business Times
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
Business
Does Acra’s action against Miyoshi’s CEO signal a more proactive stance by the corporate regulator? - The Business Times
The company’s failure to recognise a large impairment loss came to light following a review under the financial reporting and surveillance…
Business
Goldman Sachs boosts CEO pay to US$39 million, lines up five more years at helm - The Business Times
Goldman Sachs raised CEO David Solomon’s compensation 26 per cent to US$39 million for last year, according to a filing, and its board…