Business
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30.…
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CEO
Business
Boot Barn CEO Raises Store Count Goal to 1,200 as Western Craze Helps Company Deliver Q2 Growth
Boot Barn is raising its yearly guidance as well as its store opening targets as the Western craze shows no sign of slowing down. In the…
Business
EXCLUSIVE: Golden Goose Confirms Mauro Maggioni as Incoming CEO of Americas
Golden Goose is appointing Mauro Maggioni as its new chief executive officer of the Americas, the brand confirmed to FN exclusively. The…
Business
Paramount Layoffs Underway: CEO David Ellison Says Cuts Are ‘Necessary’ for Company’s Long-Term Success
Paramount Skydance, aiming to get leaner and meaner, today is laying off about 1,000 employees, mostly in the U.S. David Ellison, chairman…
Business
Increasingly challenging to find suitable land for data centres: Keppel CEO
Loh Chin Hua says the company has been exploring power banking to boost efficiency Finding land with the right connectivity and access to…
Business
Intel CEO Tan Lip-Bu pledges to ‘refocus’ chip giant on AI, foundry
Intel chief executive officer Tan Lip-Bu said he is working to “refocus” the beleaguered chip company on engineering after its struggles…
Business
Elisabetta Franchi CEO Gabriele Maggio Exits Company
MAGGIO EXITS: More changes are taking place at the Elisabetta Franchi fashion company. Chief executive officer Gabriele Maggio has exited…
News
CNN CEO Orders Change in Trump Coverage After White House Visit
Trump then went on to brag about his IQ, claiming that “aptitude tests” he received at Walter Reed proved he was superior to his political…
News
The CEO of the Alamo's historic site has resigned after a top Texas Republican criticized her
The CEO of the nonprofit managing the Alamo resigned after a powerful Republican state official criticized her publicly, suggesting that…
Business
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin…
Business
EXCLUSIVE: Ganni and Vestiaire Collective Team to Launch Instant Resale; New CEO Bernard Osta Talks Resale as a Service Strategy
PARIS — In a move that blends Scandi style with circular fashion, Danish label Ganni has teamed with French resale giant Vestiaire…
Business
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
Business
ProSiebenSat.1 Shakeup: Bert Habets Steps Down as Board Names Marco Giordani New CEO After Berlusconi Takeover
Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed new CEO of Germany’s ProSiebenSat.1, succeeding…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
IG Singapore seeks to broaden appeal beyond CFD trading under new CEO Gavin Chia
The firm plans to add new products, improve its app experience and step up investor education Online brokerage IG Singapore is moving…
Business
Michael Steinberg, Former Macy’s West CEO, Dies at 97
Michael Steinberg, a landscaper and owner of a nursery business who became one of the nation’s top department store merchants for…
Business
Beautycounter CEO Gregg Renfrew’s ‘season of learning’
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
Porsche’s new CEO is a luxury leader big on hybrids
The 911 maker is preparing to launch an electric version of the Cayenne in the coming months Porsche named Michael Leiters its next chief…
Business
Former Macy’s CEO Terry J. Lundgren on Leadership and ‘Retail Excellence’
Terry J. Lundgren, the former chairman and chief executive officer of Macy’s Inc., was back in the limelight on Wednesday when he received…
Business
Howard Schultz isn’t running Starbucks anymore—but his latest warning should make every CEO listen
It’s been two years since Howard Schultz retired from the board of directors of Starbucks, a company he founded and led for decades, but…
Fashion
Giorgio Armani names veteran Giuseppe Marsocci new CEO as fashion house weighs potential sale
Giorgio Armani appointed company veteran Giuseppe Marsocci as chief executive officer as the Italian fashion house considers a potential…
Business
The 4 AI questions every CEO needs to ask to succeed
Every day another industry leader proclaims that everything will change with AI. While there is no question AI is the most transformative…
Business
Nestle to axe 16,000 jobs as new CEO targets sales growth
Nestle will cut 16,000 jobs, new chief executive officer Philipp Navratil said on Thursday (Oct 16), as the world’s largest packaged food…
Business
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective…