leadership change News

Intel Faces Leadership Shake-Up as Chief Commercial Officer Christoph Schell Steps Down

Intel Corporation announces the resignation of Chief Commercial Officer Christoph Schell, effective June 30, marking the second major leadership change after the appointment of new...

Intel Faces Leadership Shake-Up as Chief Commercial Officer Christoph Schell Announces Resignation

Intel's Chief Commercial Officer Christoph Schell resigns to pursue another career opportunity, marking the second significant leadership change after the appointment of new CEO Li...

Intel Faces Another Leadership Shift as Chief Commercial Officer Christoph Schell Steps Down

Intel Corporation announces the resignation of Chief Commercial Officer Christoph Schell, marking the second major leadership change following the appointment of new CEO Lip-Bu Tan...

Intel Faces Leadership Shake-Up as Chief Commercial Officer Christoph Schell Announces Resignation

Intel Corporation's Chief Commercial Officer Christoph Schell has announced his resignation, effective June 30, to pursue another career opportunity. This follows the recent appoin...

NXP Semiconductors Announces Leadership Transition: Kurt Sievers Retires After 30 Years, Rafael Sotomayor Steps In

NXP Semiconductors announces CEO Kurt Sievers' retirement at the end of 2025 after a 30-year tenure. Rafael Sotomayor is named as his successor, with a transition period leading to...

Nestle Announces Jeff Hamilton as New Americas CEO, Succeeding Steve Presley After 30 Years

Nestle appoints Jeff Hamilton as the new CEO of Zone Americas, replacing Steve Presley who retires after nearly 30 years. Hamilton's international experience is expected to bolster...

Nestle Appoints Jeff Hamilton as New Americas CEO, Signaling a New Era for Zone AMS

Nestle announces Jeff Hamilton as the new CEO of Zone Americas, replacing Steve Presley who retires after 30 years. Hamilton's extensive international experience is expected to dri...

Leadership Shake-Up at Air India: CEO Steps Down from AI Express Chairmanship

Air India's MD & CEO Campbell Wilson steps down as chairman of AI Express, with Nipun Aggarwal taking over. Captain Basil Kwauk joins the AI Express board to ensure operational syn...

Breaking News: Klaus Schwab Announces Immediate Resignation as WEF Chair at 88

Klaus Schwab, the 88-year-old founder of the World Economic Forum, has announced his immediate resignation as chair. Peter Brabeck-Letmathe will act as interim chairman until a suc...

Breaking News: Klaus Schwab Resigns as WEF Chair, Marks End of an Era

Klaus Schwab, founder of the World Economic Forum, steps down as chair at 88, with Vice Chairman Peter Brabeck-Letmathe taking interim leadership. A search committee will find a pe...

Klaus Schwab Announces Immediate Resignation as WEF Chair at 88

Klaus Schwab, at 88, resigns as WEF Chair, with Peter Brabeck-Letmathe stepping in as interim. A search for a new chair begins, marking a pivotal change for the forum.

Lockheed Martin CFO Jesus Malave Resigns, Evan Scott Appointed as New Financial Leader

Lockheed Martin announces CFO Jesus Malave's departure, appointing Evan Scott as successor. The company reassures stakeholders with the timely release of Q1 financial results.

Anna Paulson Appointed as New President of Philadelphia Fed, Bringing Fresh Leadership to Monetary Policy

The Federal Reserve Bank of Philadelphia names Anna Paulson, the Chicago Fed's executive vice president, as its new president starting July 1. She will influence monetary policy an...

Lockheed Martin Announces CFO Jesus Malave's Departure, Evan Scott Steps In Immediately

Lockheed Martin announces CFO Jesus Malave's departure and appoints Evan Scott as the new CFO immediately. With 26 years at the company, Scott is seen as a capable leader to drive ...

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO starting May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed, with 28 years at Caterpillar, brin...

Exclusive: Klaus Schwab Steps Down from WEF, Marking the End of an Era in Global Economic Leadership

Klaus Schwab, founder and chairman of the World Economic Forum, announces his departure, marking a significant shift in global economic leadership. His decision comes amid organiza...

Rajneet Kohli Takes the Helm at HUL’s Foods Division: A New Era Begins

Rajneet Kohli, former Britannia CEO, joins HUL as Executive Director, Foods, replacing Shiva Krishnamurthy. Effective from April 7, Kohli's leadership is anticipated to innovate HU...

Intel's Stock Jumps 15% Following Leadership Change: A New Era Begins

Intel Corp.'s stock surged over 15% after appointing Lip-Bu Tan as the new CEO, signaling a strong market response to the leadership change and a promising future direction for the...

Takashi Nakajima Takes the Helm as Honda Cars India's New CEO

Honda appoints Takashi Nakajima as the new President & CEO of Honda Cars India, effective April 1, 2025. Nakajima, previously leading Honda Motor Russia, is expected to bring new i...

LTIMindtree Welcomes Back Venugopal Lambu as CEO: A Strategic Leadership Move

LTIMindtree appoints Venugopal Lambu as its new CEO, marking a strategic leadership change. Lambu, with over 30 years of IT experience, returns to lead the company towards future g...

Renault Names Duncan Minto as New CFO to Spearhead Financial Strategy

Renault Group appoints Duncan Minto as the new CFO, bringing 25 years of finance experience to accelerate the company's transformation and strategic initiatives. Current CFO Thierr...

Leadership Shift at Honor: CEO George Zhao Resigns for Personal Reasons

Honor Device Co. Ltd. announces CEO George Zhao's resignation for personal reasons, with Jian Li stepping in as the new leader. The company looks forward to continuing its traditio...

BlackRock's Future Leadership Shaken as Key Executive Mark Wiedman Announces Departure

Mark Wiedman, a key executive at BlackRock and potential successor to CEO Larry Fink, is leaving the firm. His departure, reported by the Financial Times, raises questions about Bl...

Diageo India Announces Praveen Someshwar as New CEO, Marking a New Chapter

Diageo India appoints Praveen Someshwar as CEO, succeeding Hina Nagarajan. Someshwar, with a rich background at HT Media and PepsiCo, is set to lead from March 1. Nagarajan transit...

Wells Fargo Secures Top Talent: JPMorgan Executive Joins to Lead Credit Card Division

Wells Fargo & Co. has hired Ed Olebe, a former JPMorgan Chase & Co. executive, to lead its credit card business. Olebe replaces retiring executive Ray Fischer, while JPMorgan promo...

Breaking: Dunzo's CEO Kabeer Biswas Steps Down as Company Faces Financial Crisis

Kabeer Biswas, Dunzo's founder and CEO, is resigning amidst the company's financial struggles, including delayed salary payments for over 18 months. This follows the departure of o...

Leadership Shuffle at Adani Green: CEO Amit Singh Steps Up for a New Global Energy Role

Adani Green Energy announces a leadership transition as CEO Amit Singh moves to head the Adani Group's international energy business, with Ashish Khanna set to take over as the new...

End of an Era: N Srinivasan Steps Down from India Cements Leadership Alongside Family

N Srinivasan and his family resign from India Cements, ending a 50-year legacy. The company, now a subsidiary of UltraTech Cement, sees a board reshuffle and looks forward to a new...