Business
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and…
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CEO
Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…
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
TeamTO Names Riva Studios’ Marco Balsamo CEO Following Acquisition as Co-Founders Guillaume Hellouin and Corrine Kouper Exit Company (EXCLUSIVE)
Kicking off a new chapter for one of Europe’s premier independent animation studios, Marco Balsamo has taken over as President and CEO of…
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…
Business
HanesBrands Prepares for Another Transition With CEO Steve Bratspies Stepping Down
HanesBrands Inc. sold off its Champion brand last year, and now the group is losing its leader. The company turned in better-than-expected…
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
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.…
Business
Fox TV Stations CEO Shares Regret for Kanye West Super Bowl Ad: ‘We Strongly Condemn Any Form of Antisemitism’ (EXCLUSIVE)
Fox Television Stations CEO Jack Abernethy has sent a note to staffers addressing the Kanye West Yeezy.com advertisement that ran in three…
Business
Cordlife group CEO resigns, search for replacement ongoing
PRIVATE cord-blood bank Cordlife’s group chief executive officer Yiu Pang Fai, 35, has tendered his resignation “to pursue other…
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
Lendlease Global Commercial Reit appoints Guy Alexander Cawthra as CEO
LENDLEASE Global Commercial Real Estate Investment Trust (LReit) has appointed Guy Alexander Cawthra as its new chief executive, effective…
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
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division.…
Business
‘I’ll give it my best shot’: incoming DBS CEO Tan Su Shan eyes growth in high ROE businesses
INCOMING DBS chief executive Tan Su Shan said she will focus on growing businesses that provide a high return on equity (ROE), when she…
Business
UMG Nashville Names Mike Harris CEO and Appoints Renowned Producer Dave Cobb as Chief Creative Officer
In the immediate wake of the news breaking that Universal Music Group Nashville CEO Cindy Mabe was gone from the company’s top role, UMG…
Business
‘GTA 6’ on Course for Fall 2025, Take-Two CEO Says
Take-Two Interactive reported its quarterly earnings results for October to December 2024 on Thursday, which once again did not include a…
Fashion
Sources Say Serge Brunschwig is Headed to Jil Sander as CEO
MILAN – Former Fendi chairman and chief executive officer Serge Brunschwig is expected to join Jil Sander as its new CEO, according to…
Business
Dutch lender ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO
DUTCH lender ING Group is looking for opportunities to buy rival banks in major European countries to boost its size, its chief executive…
Business
Chairman Leonardo Ferragamo Starts Process to Select Successor to CEO Marco Gobbetti
MILAN — Salvatore Ferragamo is turning to a trusted group of executives as it navigates the exit of chief executive officer Marco…
Business
Ferragamo and CEO Marco Gobbetti to Part Ways
MILAN – Salvatore Ferragamo SpA revealed on Monday that it had reached an agreement with chief executive offcer Marco Gobbetti to mutually…
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 has resigned. Shahrin, who turns 52 this year, left the…