leadership

Apollo Global Management Appoints Gary Cohn as Lead Independent Director and Rowan as Chair

1 day ago

Apollo Global Management, a prominent player in alternative asset management, has taken significant steps to bolster its leadership team by announcing the appointment of Gary Cohn as its new lead independent director. This strategic move comes alongside the naming of Marc Rowan as the company's chairman of the board, reinforcing the investment firm's commitment to strong governance and forward-thinking leadership.

Spirit Airlines Appoints Industry Veteran Dave Davis as New CEO

2 days ago

In a strategic move aimed at revitalizing its operations and strengthening its market position, Spirit Airlines has announced the appointment of Dave Davis as its new Chief Executive Officer. With a long and distinguished career in the aviation sector, Davis replaces former CEO Ted Christie, who led the company through a tumultuous period, including the impacts of the pandemic and various operational challenges.

Chicago Fed's Anna Paulson Appointed as New President of the Philadelphia Fed

2 days ago

In a significant development in the world of central banking, the Philadelphia Federal Reserve Bank has announced the appointment of Anna Paulson, the current executive vice president and director of research at the Federal Reserve Bank of Chicago, as its new president. This decision marks a strategic move as the Fed seeks to enhance its leadership team in the face of ongoing economic challenges.

Wells Fargo Appoints UBS Executive Moskal as Head of Industrial Sector

3 days ago

In a significant move within the financial services sector, Wells Fargo has announced the appointment of Andrew Moskal, a respected dealmaker from UBS, as the new chair of its industrials group. This strategic shift is seen as an effort to bolster the bank's presence and expertise in the industrial sector, which is vital for Wells Fargo's broad portfolio. Moskal's extensive experience, particularly in mergers and acquisitions within the industrial sector, is expected to lend valuable insights and leadership to the bank's operations.

Renault Chairman Jean-Dominique Senard Steps Down from Nissan Board

3 days ago

In a significant shift within the automotive industry, Jean-Dominique Senard, the chairman of Renault, is set to step down from his role on Nissan Motor Co.'s board. This development comes as part of a broader realignment within the multinational alliance that links Renault and Nissan and reflects ongoing transformations in the company’s governance and strategic direction.

Mass Resignation Hits Mineral Resources as Governance Directors Exit

3 days ago

In a stunning development that has sent shockwaves through the mining sector, Mineral Resources Ltd. witnessed a significant drop in its stock value following the surprising resignation of two key governance directors. This unexpected turn of events raised alarms among investors and analysts alike, as it signifies potential turmoil within the company's leadership and governance structure.

Harley Davidson Faces Turmoil in CEO Search Blamed on Former Director

3 days ago

In a significant development within the iconic motorcycle manufacturer's corporate structure, Harley-Davidson has attributed its ongoing challenges in the search for a new CEO to the actions of a disgruntled former board member. This unsettling revelation has raised eyebrows and sparked conversations about the internal dynamics affecting one of the most recognized brands in the powersports industry.

Caterpillar Appoints New CEO as Transition Unfolds in Leadership

4 days ago

In a significant shift in leadership, Caterpillar Inc. has officially announced the appointment of Jim Creed as its new Chief Executive Officer (CEO), effective immediately. This decision marks an important transition as current CEO, Jim Umpleby, has stepped down from his operational role but will continue to play a pivotal part in the company's governance by taking on the role of Chairman of the Board.

China Sets the Stage for Diplomatic Dialogue: Respect is Key, Says Former Official

4 days ago

In a recent revelation from a former Chinese official, it has become clear that China is unlikely to engage in diplomatic talks with the United States unless it perceives mutual respect from its counterpart. This statement reflects ongoing tensions between the two nations, underscoring the fragile state of their relationship and the importance of respect in international diplomacy.

Nomura Restructures Wealth Management Division and Seeks New Leadership in China

4 days ago

In a strategic move signaling its transformation in the Asian financial landscape, Nomura Holdings is reducing its wealth management operations while actively searching for a new CEO to head its China office. This shift comes as the Japanese investment bank aims to refocus its resources and align with the evolving market dynamics in the region.