CEO
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CEO of 7-Eleven US retires as company undergoes broader revamp
US CONVENIENCE store chain 7-Eleven said its chief executive will retire at the end of this month, as Japanese parent Seven & i Holdings seeks a turnaround of the business. …
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SMRT announces senior management changes as deputy group CEO steps down
Its group chief communications officer will also relinquish the role to focus on the company’s ESG and CSR agenda [SINGAPORE] Transit operator SMRT on Friday (Dec 19) announced two key…
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BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an exclusive interview [SINGAPORE] Three years…
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BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost profits and refocus on oil…
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Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
[JAKARTA] Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief executive officer. The appointment was approved at GoTo’s annual general…
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Coupang CEO fails to appear at South Korean parliamentary hearing on data breach
[SEOUL] The founder of South Korea’s Coupang failed to appear before a Wednesday parliamentary hearing about the massive data breach at the e-commerce giant, angering lawmakers who said they would…
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From Crypto Critic to Blockchain Fund: JP Morgan CEO Jamie Dimon’s Awkward Flip-Flop
For years, JPMorgan Chase CEO Jamie Dimon was one of Wall Street’s most vocal critics of cryptocurrency, famously branding Bitcoin a fraud and likening parts of the sector to a…
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MUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on Apr 1 [TOKYO] Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ…
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Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan [TOKYO] Japan’s Nomura Holdings is on the lookout…
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Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project [TOKYO] Tokyo Gas, Japan’s top city gas provider, plans to direct…
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Lululemon’s $1B Buyback Claims to Protect You After CEO Exit
Lululemon Athletica (Nasdaq: LULU), renowned for its premium leggings and athleisure, reported late Thursday a 7% increase in revenue for fiscal Q3 to $2.6 billion (£1.9 billion). However, diluted earnings…
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Lululemon CEO McDonald to step down, shares rise 10%
LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended trade…
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Coca-Cola Announces Henrique Braun as CEO, Eyes Growth in Health-Conscious Beverage Market
Coca-Cola announced Wednesday that Henrique Braun will take over as CEO, replacing James Quincey, as the beverage giant aims to expand in the growing health-conscious drink market. Braun, a longtime…
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Coca-Cola names insider Henrique Braun as new CEO
COCA-COLA on Wednesday named insider Henrique Braun as its new CEO, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and more…
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Intel pursued deals that boosted CEO Tan Lip-Bu’s fortune: sources
Some chip-industry analysts have said in research notes that they welcomed Tan’s industry relationships [SAN FRANCISCO] When the chairman of artificial intelligence (AI) chip startup Rivos wanted Intel to bid…