CEO
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Bank of America CEO expects markets revenue to jump in fourth quarter
[NEW YORK] Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank’s markets business to rise between a high single-digit percentage and 10 per cent…
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Eli Lilly to Build $6bn Alabama Plant for New Obesity Pill, CEO Confirms
Eli Lilly CEO David A. Ricks has unveiled one of the most ambitious expansions in the pharmaceutical titan’s history: a $6 billion manufacturing facility in Greenbrier South, Huntsville, Alabama, dedicated…
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Lululemon Stock Turmoil Grows as Founder Blames CEO for Brand Identity Crisis
Lululemon spent more than a decade as one of the world’s fastest-growing retail success stories. The brand built an empire on premium activewear and an image that blended athletic discipline…
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HSBC’s senior bankers hid behind co-head roles, CEO Georges Elhedery says
Since taking charge, he has nearly halved the size of the bank’s operating committee [LONDON] HSBC’s chief executive officer Georges Elhedery said not enough executives were fully accountable for the…
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Airbus CEO concedes likely defeat to Boeing in order race this year
The planemaker remains ahead of its US rival in deliveries and the pipeline of outstanding orders [PARIS] Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against…
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Coupang CEO resigns over historic South Korean data breach
[SEOUL] Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a regulatory and political backlash against the country’s dominant…
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BMW names veteran Nedeljkovic as CEO to tackle China, Tesla
[BERLIN] BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday (Dec 9) to replace long-time chief Oliver Zipse, as the German automaker bets on a new…
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Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
[ABU DHABI] Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position in 2026, said Dilhan Pillay, executive director and chief…
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India regulator orders IndiGo CEO to explain mass cancellation
Disruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions [NEW DELHI] Indian regulators held IndiGo’s chief executive accountable for the severe disruptions that…
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India’s regulators order IndiGo CEO to explain mass cancellations
Interruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions [NEW DELHI] Indian regulators held IndiGo’s chief executive accountable for the severe disruptions that…
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Warner CEO Zaslav poised to become billionaire from Netflix deal
[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently…
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Nike continues to shake up leadership team under CEO Elliott Hill
[NEW YORK] Nike is continuing to shake up its leadership team under chief executive officer Elliott Hill, who has been trying to get the company back on track and re-establish…
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Nomura CEO sees big growth phase in wealth and asset management
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking. “I believe we…
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Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under management rose…