Key Personnel Changes

Samsung Electronics CEO Kwon announces shock resignation as profits surge

Samsung Electronics CEO Kwon announces shock resignation as profits surge

Published 13/10/2017

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. [more…]

Uber appeals against loss of London license

Uber appeals against loss of London license

Published 13/10/2017

Uber [UBER.UL] submitted a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating license in one of its most important markets. [more…]

GE names hedge fund Trian executive Ed Garden to board

GE names hedge fund Trian executive Ed Garden to board

Published 09/10/2017

Bayliss and Rachit Vats [more…]

Sweden`s Ericsson proposes Ronnie Leten as new chairman

Sweden`s Ericsson proposes Ronnie Leten as new chairman

Published 09/10/2017

Struggling mobile telecom gear maker Ericsson proposed Ronnie Leten, former CEO at Atlas Copco, as its new chairman, it said on Monday. [more…]

Weinstein Co board ousts Harvey Weinstein after harassment allegations

Weinstein Co board ousts Harvey Weinstein after harassment allegations

Published 09/10/2017

The Weinstein Co has fired co-Chairman Harvey Weinstein, effective immediately, following reports of sexual harassment allegations against the executive, who was one of Hollywood's biggest power brokers, the film production company said on Sunday. [more…]

Trump picks coal lobbyist for EPA deputy role, drawing mixed reaction

Trump picks coal lobbyist for EPA deputy role, drawing mixed reaction

Published 06/10/2017

President Donald Trump on Thursday named Andrew Wheeler, a coal industry lobbyist and former congressional staffer, as his pick for deputy administrator of the U.S. Environmental Protection Agency, prompting contrasting reactions from industry and environmental groups. [more…]

CalSTRS says it supports Nelson Peltz nomination to P&G board

CalSTRS says it supports Nelson Peltz nomination to P&G board

Published 05/10/2017

The California State Teachers' Retirement System (CalSTRS) said on Thursday it would support the nomination of Nelson Peltz, chief executive of Trian Fund Management, to the board of directors at Procter & Gamble Co (PG.N). [more…]

EFG CFO Pradelli to replace chief executive Straehle in 2018

EFG CFO Pradelli to replace chief executive Straehle in 2018

Published 04/10/2017

EFG International's Joachim Straehle is stepping down as chief executive after some 2-1/2 years, during which time the Swiss private bank acquired troubled BSI Bank from Brazil's BTG Pactual. [more…]

Uber boss to meet London transport chief in bid to keep license

Uber boss to meet London transport chief in bid to keep license

Published 03/10/2017

Uber's new global boss Dara Khosrowshahi will meet London's transport regulator on Tuesday as the taxi hailing app fights to keep its license in one of its most important foreign markets. [more…]

Uber board set for contentious meeting over ex-CEO`s power

Uber board set for contentious meeting over ex-CEO`s power

Published 03/10/2017

The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder's influence, strip early investors of supervoting power and secure a multibillion-dollar investment, sources said. [more…]