Page 5 - Chief Executive Officer

Reckitt CEO resign on personal grounds; Durante to hold fort in interim

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

Only officials of member associations from state, UT can vote in AIFF polls

The nominations for the posts can be filed between August 25 to 27 while the scrutiny will be done on August 28, the returning officer said

Rolls-Royce names Ex-BP executive Tufan Erginbilgic as CEO to succeed East

Tufan Erginbilgic, 62, spent 20 years at BP Plc, and in his most recent role before leaving in 2020 led the firm's downstream business

Gap chief executive Sonia Syngal exits as margin squeeze deepens

It also warned that margins would stay under pressure in the second quarter as costs spiral, sending shares of the company down about 4% after hours

CEOs shift focus to sustainability and digital transformation: EY survey

The CEOs also recognise that data and innovation are critical for unlocking new paths to growth

Japan's Mizuho to appoint senior executive Kihara as new CEO: Report

The depth of those problems at Japan's No. 3 lender was underscored again on Tuesday when Mizuho's main banking arm reported yet another disruption

Ousted James Hardie CEO rejects claims of concerns related to conduct

Executive Chairman Mike Hammes later said on a conference call that he had urged CEO Jack Truong to change his behaviour but a "sincere change" had not occurred.

What sets Leena Nair apart from other India-born achievers?

After Parag Agrawal's elevation as CEO of Twitter, another India-born executive Leena Nair, has now been chosen to head a global brand Chanel. Here's a peek into Nair's journey from Kolhapur to London

Top executives at Better.com resign after CEO fires 900 employees

The mortgage company's top three executive have left the company, the Insider reported

Frequent CEO changes reduce cos potential to improve equity premium: Study

Companies that frequently changed chief executive officers (CEO) have reduced potential to improve equity premium, thereby hurting shareholders' long-term returns, according to a study. The study tracked a few Nifty 50 companies over a 15-year period. The companies with fewer CEO transitions enjoyed more than twice the average premium CAGR of 3 per cent, against those with frequent chief executive transitions during the period, as per the study. The finding was part of a study conducted by Deloitte India on "What sets outperforming CEOs apart and how boards can help". It analysed the financial performance of companies after the appointment of the new CEO. Stability and continuity of CEOs and their policies ensured higher returns, the study noted. Most resignations or removals occurred in the services industry compared to the manufacturing industry, it added. Services companies saw appointments of relatively younger CEOs. Among other findings, it was also found that outperformin

Twitter CEO Parag Agrawal to receive $1 mn annual salary

The India-born executive - who succeeds Jack Dorsey in this role - served as Twitter's Chief Technology Officer since 2017, and has been responsible for the company's technical strategy

Factbox: Who is Twitter's new chief executive officer Parag Agrawal?

The social media networking platform joins tech giants Apple, Amazon and Alphabet in tapping a company insider for the top job

J&J CEO Gorsky to step down, company veteran to lead in 2022

Johnson & Johnson will replace Chairman and CEO Alex Gorsky with another veteran company executive starting next year. The world's biggest maker of health care products said late Thursday that Joaquin Duato will become CEO and a member of the company's board of directors on January 3. Duato currently serves as vice chairman of J&J's executive committee, which involves working with the company's pharmaceutical and health sectors and overseeing its global supply chain. Duato, a dual citizen of Spain and the United States, has been with Johnson & Johnson for more than 30 years, the company said. Gorsky has served as chairman and CEO since 2012 and will become executive chairman of the board. J&J reported a 73 per cent jump in second-quarter profit last month, driven by strong sales growth as hospitals and other parts of the health care industry rebounded from COVID-19 pandemic slowdowns the previous year. The New Brunswick, New Jersey, company made more than USD 6 billion

Cook, Pichai join CEOs urging US Congress pass path to citizenship

Bill introduced to bar foreign students from staying after studies

'Shocked' Mitsubishi Electric CEO to quit over false inspections

Sugiyama, who became CEO in 2018 and has been with Mitsubishi for more than four decades

Sterling and Wilson Solar names Amit Jain as global CEO effective May 31

He succeeds Bikesh Ogra, who relinquished the post on May 31, but who continues as a director on the company's board

DLF posts Rs 481 cr profit in Q4; names Ashok Tyagi, Devinder Singh as CEOs

DLF had posted a net loss of Rs 1,857.76 crore in the year-ago period.

Hindustan Unilever CMD's salary drops 21% to Rs 15.36 cr in fiscal 2021

Earlier in FY19, Mehta's gross salary was reduced to Rs 18.88 crore.

L&T Technology Services announces Amit Chadha as CEO & MD

Chadha's overall career spans over two decades in core engineering and information technology outsourcing

PolyPeptide Group names new CEO before likely Swiss IPO during 2021

Raymond De Vre, a Belgian who previously worked at Indian contract manufacturer Dr. Reddy's Laboratories as global head of biologics, will join PolyPeptide Group as CEO-elect in April