CEO
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Rio-Glencore deal closer than ever with premium and CEO in focus
The idea of a combination of the two companies has been discussed several times over more than a decade [LONDON] Glencore boss Gary Nagle has called it the most obvious…
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Intel CEO meets with Trump, who hails gain in US chipmaker stake
[WASHINGTON] US President Donald Trump met with Intel chief executive officer Tan Lip-Bu on Thursday (Jan 8) at the White House, where the two men discussed the company’s progress on…
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Berkshire Hathaway raises new CEO Abel’s salary to US$25 million
[NEW YORK] Berkshire Hathaway said on Tuesday (Jan 6) it raised the salary of new chief executive Greg Abel to US$25 million, far exceeding the US$100,000 annual salary that his…
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AIG CEO Zaffino to step down and transition to executive chair
Insurance industry veteran Eric Andersen will be its new president and CEO-elect, effective Feb 16 [NEW YORK] Insurance giant American International Group (AIG) said on Tuesday (Jan 6) that its…
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Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback [HONG KONG] Cathay Pacific Airways CEO Ronald Lam said on Tuesday (Jan 6) that major shareholder…
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CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages [TOKYO] Hisamitsu Pharmaceutical’s management is considering a takeover bid to privatise…
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Nvidia CEO Huang touts automotive AI at CES talk as competition mounts
[LAS VEGAS] Nvidia CEO Jensen Huang on Monday touted new software the company is releasing for autonomous cars in a keynote at the Consumer Electronics Show in Las Vegas, where…
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Creative appoints Sim Li Ern, nephew of late founder Sim Wong Hoo, as new CEO
[SINGAPORE] The nephew of Creative Technology’s late founder Sim Wong Hoo has been appointed as its new chief executive officer, the Singapore-listed company said in a bourse filing on Monday…
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Air India looks for new CEO to replace Campbell Wilson: sources
[NEW DELHI] Air India’s board is scouting for a new chief executive to replace Campbell Wilson, two people with direct knowledge of the matter said, as the airline remains under…
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US Telco CEO Defrauds BlackRock in a $500M Mind-Boggling Scam
The owner of relatively obscure telco companies Broadband Telecom and Bridgevoice, Bankim Brahmbhatt, has been accused of defrauding BlackRock, the world’s largest asset manager, of approximately $500 million (£369.8 million).…
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Microsoft AI CEO Reacts to People Using AI for Breakups, Family Problems
Do you ever use AI like ChatGPT to talk about your relationship problems? Or maybe talk about a breakup you had or even just vent about family problems? Well, you…
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Louis Gerstner, CEO credited with turning around IBM, dies at 83
[NEW YORK] Louis Gerstner, who took over International Business Machines (IBM) when it was on its deathbed and resuscitated it as a technology industry leader, died on Saturday (Dec 27).…
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Tesla CEO Elon Musk Claims AI and Robotics Are ‘Only Way’ To Make Everyone Wealthy
Elon Musk doesn’t make small promises. On December 23, the Tesla and SpaceX CEO retweeted a clip of himself declaring that ‘There is only basically one way to make everyone…
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CEO Mai Trinh and CTO Gabriel Ravacci Reframe AI Compute as an Economic System
AI development is accelerating, but access to computing resources continues to constrain many of the teams building it. GPU pricing remains opaque, contracts vary widely by provider, and long-term planning…
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Seven & i’s IPO of US arm hinges on faster turnaround, CEO says
[TOKYO] Seven & i Holdings’ chief executive is pressing its US convenience-stores business to deliver a faster turnaround as the retailer seeks a public listing of the unit to fund…
