Intel Corporation announced on Wednesday that it decided to appoint Lip-Bu Tan (pictured) as its new CEO, noting he will assume the role on March 18. Tan, who earlier served as Cadence CEO, will also rejoin the company's board after leaving it in August last year."Lip-Bu is an exceptional leader whose...
Unilever plc announced on Tuesday that its CEO Hein Schumacher will step down from the role on March 1 and be replaced by current Chief Financial Officer and Executive Director Fernando Fernandez. "Our focus will be on building a future-fit portfolio with an attractive growth footprint and...
Nokia announced that Pekka Lundmark will step down as President and CEO, and Justin Hotard will take over on April 1. Hotard, currently leading Intel's Data Center & AI Group, will be based at Nokia's headquarters in Espoo, Finland. He has more than 25 years of experience in the tech sector, having...
HSBC has appointed Lisa McGeough as President and Chief Executive Officer for the United States, effective January 1, 2025.
McGeough, the first woman to hold this role in over a decade and only the second in HSBC's 150-year history, will oversee all US operations and lead the expansion of...
Stellantis, the world's fifth-largest automaker by volume, announced on Sunday that its CEO, Carlos Tavares, has stepped down with immediate effect.
According to Senior Independent Director Henri de Castries, the decision was reached following recent differences in strategic views between...
Schneider Electric announced on Monday that its Board of Directors unanimously appointed Olivier Blum as its new chief executive officer with immediate effect.The appointment is intended to accelerate its strategy's implementation and embark on the following stages of its...
The Charles Schwab Corporation announced on Tuesday that Walt Bettinger will retire as its chief executive officer, effective December 31 of this year.After serving as CEO since 2008, Bettinger will continue as executive co-chairman of the Board of Directors with the company's founder, Charles...
Commerzbank CEO Manfred Knof will step down on September 30, 2024, after agreeing with the bank's supervisory board to conclude his term, the bank said in a press release on Wednesday. Knof, 59, announced earlier this month that he would not seek a second term. The news comes after the...
Nike Inc.'s board of directors announced on Thursday the appointment of Elliott Hill as president and CEO, replacing John Donahoe who will retire from both positions.The change in leadership will take effect on October 14. Before retiring from the company in 2020, Hill was in charge of Nike's...
Davide Campari-Milano NV announced on Wednesday that Matteo Fantacchiotti, the company's Chief Executive Officer and board member, has resigned, citing personal reasons.
"It has been a privilege for me to be part of Campari Group for almost five years and to lead this organization since...
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