JERUSALEM (Reuters) – The chairman of El Al Israel Airlines (ELAL.TA), Eli Defes, is stepping down immediately because of an undisclosed medical condition, he said on Sunday. Defes joined El Al’s board in 2015 and became chairman in 2017. It was not immediatel... More »
LONDON (Reuters) – Vitol’s former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo and four sources familiar the matter. Taylor joined Vitol [VITOLV.UL] in 1985 and became group President and CEO in 1... More »
(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins as sole chairman. NMC, the United Arab Emirates’ largest private healthca... More »
BERLIN (Reuters) – The board member overseeing an outside audit of Wirecard has been elected as chairman of the German payments company as it battles allegations of fraud and false accounting that have hit its share price. Thomas Eichelmann, a former chief fin... More »
TAIPEI (Reuters) – iPhone assembler Foxconn is poised to nominate its chip unit head as group chairman to succeed Taiwan presidential hopeful Terry Gou, in what is internally seen as a surprise move, two people with direct knowledge of the matter said. Liu You... More »
TAIPEI (Reuters) – The chairman of Apple supplier Foxconn said on Monday he told U.S. President Donald Trump that he wanted to be the peacemaker between the United States, China and self-ruled Taiwan, which Beijing claims as its own. Billionaire Terry Gou, who... More »
ZURICH (Reuters) – Cost cuts and closing a unit where Credit Suisse (CSGN.S) had parked underperforming assets will help boost return on tangible equity (ROTE) to at least 10 percent in 2019, Chairman Urs Rohner said in an interview published on Saturday. He s... More »
(Reuters) – Papa John’s International Inc (PZZA.O) on Sunday adopted a shareholder rights plan, or a “poison pill”, with a 15 percent trigger to deter existing stockholders from amassing a controlling stake in the company. The company also declared a dividend ... More »
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported. China’s No.2 tel... More »
SYDNEY (Reuters) – Australia’s largest-listed wealth manager AMP announced the resignations of its chairwoman and legal counsel on Monday, and slashed its directors’ fees by a quarter as it races to stem the fallout from damaging revelations of misconduct at t... More »
The chairman of Swiss pharmaceutical company Roche, Christoph Franz speaks to media after the annual general meeting in Basel March 4, 2014. REUTERS/Ruben Sprich ZURICH (Reuters) – Fears U.S. President Donald Trump could damage the drugs industry have not been... More »
FILE PHOTO – Christo Wiese, whose companies include Steinhoff International, speaks as Shoprite reported it’s results in Cape Town, South Africa, February 21, 2017. REUTERS/Mike Hutchings (This December 14 story corrects to clarify Christo Wiese did not start ... More »
Global miner Rio Tinto (RIO.AX)(RIO.L) signaled on Monday it will stick with its "value over volume" strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board. More »
FILE PHOTO – Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at Eurozone finance ministers meeting in Brussels, Belgium July 10, 2017. REUTERS/Francois Lenoir/File Photo BRUSSELS (Reuters) – Finance ministers from Latvia, Luxembourg,... More »
Struggling mobile telecom gear maker Ericsson proposed Ronnie Leten, former CEO at Atlas Copco, as its new chairman, it said on Monday. More »
Ericsson Chairman of the board Leif Johansson presents Borje Ekholm as the new CEO for the Swedish telecom company Ericsson during a press conference at the company’s headquarters in Kista, Stockholm, Sweden October 26, 2016. TT News Agency/Janerik Henriksson/... More »
FILE PHOTO: Chairman of Anbang Insurance Group Wu Xiaohui attends the China Development Forum in Beijing, China March 18, 2017. REUTERS/Thomas Peter/File Photo Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid fo... More »
AIA Group Chief Executive and President Mark Tucker poses during a news conference on the company’s annual results in Hong Kong, China February 24, 2017. REUTERS/Bobby Yip HSBC Holdings Plc (HSBA.L), Europe’s biggest bank, tapped an outsider for its top job on... More »
Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns loom... More »
NEW YORK Some Bank of America Corp (BAC.N) officials told investors they could lose an upcoming shareholder vote on having Brian Moynihan continue as chairman and chief executive of the company, the Wall Street Journal reported on Sunday. The report, in a stor... More »
BOSTON Proxy adviser Institutional Shareholder Services on Friday recommended Bank of America Corp shareholders vote to strip Chief Executive Brian Moynihan of his additional title of chairman, joining a chorus of critics ahead of a Sept. 22 shareholder meetin... More »
