New Jersey CEO pleads guilty to $212 million investor fraud scheme tied to healthcare company
NEWARK, N.J. – The former CEO of a publicly traded healthcare services firm pleaded guilty to conspiracy to commit securities fraud in a scheme that defrauded investors out of hundreds of millions…
Aramco CEO says Ukraine invasion has accelerated global energy crisis
-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at an industry conference Tuesday. Nasser, speaking at…
Europe energy crisis a ‘big wake up call’ -TotalEnergies CEO
By Ron Bousso HOUSTON -Russia’s invasion of Ukraine is a “big wake up call” for European governments hoping to balance the need for fossil fuels with environmental concerns, the head of French…
Disney CEO, responding to LGBTQ employees, says company’s stories promote inclusion
By Dawn Chmielewski – Walt Disney Co Chief Executive Bob Chapek said on Monday in response to calls that the company take a public stand against a Florida bill that would prohibit…
Michael Kors owner’s prospective CEO steps down months before taking over role
– Versace parent Capri Holdings Ltd said on Monday the head of its Michael Kors brand Joshua Schulman, who was set to become Capri’s top boss in September, would leave the company.…
Any decision to stop Russian energy imports would hit next winter’s supplies – Engie CEO
PARIS – Engie chief executive Catherine MacGregor said on Monday that any decision to stop Russian energy imports in retaliation for Russia’s invasion of Ukraine would impact the energy supplies of France…
Former Tungsten Heavy Powder & Parts CEO Arrested and Charged with Unlawful Exportation of Defense Articles including to The People’s Republic of China
Assistant U.S. Attorneys Kareem A. Salem (619) 546-8904 and John Parmley (619) 546-7957 NEWS RELEASE SUMMARY – March 4, 2022 SAN DIEGO – Joe Sery, former owner and chief executive officer of…
Russian air space closure means millions in extra costs -Lufthansa CEO
BERLIN – Lufthansa Chief Executive Carsten Spohr said routing flights to avoid Russian air space will increase costs for the German flagship carrier by a single-digit million-euro amount per month. “Some long-haul…
Amazon CEO pledges logistics, cybersecurity support for Ukraine
– Amazon.com Inc is using its logistics capability to get supplies to those in need and cybersecurity expertise to help governments and companies as part of its support for Ukraine, Chief Executive…
Apollo CEO says Ukraine conflict could weigh on interest rate rises
By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that he expected…
Billionaire founder of Chinese hotpot chain Haidilao steps down as CEO
BEIJING – China’s Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped down as CEO and will shift his focus to long-term strategy planning. The…
CEO Of Payment Protection Program Lender MBE Capital Arrested In Connection With Fraudulent Loan And Lender Applications
Damian Williams, the United States Attorney for the Southern District of New York, Thomas Fattorusso, Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), Amaleka…
Former Rogers Company Owner and Former CEO Charged with Workers’ Comp Fraud/Kickback Conspiracy, Other Crimes
FORT SMITH – Both the former owner of a Rogers-based medical supply and billing company and its former chief executive officer have been indicted by a federal grand jury for their roles…
Toshiba CEO resigns amid growing opposition to restructuring plans
TOKYO – Toshiba Corp said on Tuesday that Chief Executive Satoshi Ttsunakawa will resign, as the Japanese conglomerate faces increasing opposition to its controversial restructuring plans. Senior executive Taro Shimada, a former…
‘The new Atos’ is on the way to recovery in 2022, CEO says
– Atos is entering “a pivotal year” after facing a series of setbacks in 2021, the head of the French IT consulting group said on Monday. The firm, which lost half of…
CEO Sentenced for Bribing Former Norfolk Sheriff
NORFOLK, Va. – A Franklin, Tennessee man was sentenced today to three years in prison and a $35,000 fine for conspiring to commit honest services mail fraud by paying bribes to secure…
Construction Company CEO Admits to Bribing APG Army Biochemist Researcher for Government Contracts
Baltimore, Maryland – John R. Conigliaro, age 60, of Kingsville, Maryland, pleaded guilty yesterday to conspiracy to bribe a public official. The guilty plea was announced by United States Attorney for the…
Auto parts maker Aptiv recently shifted high-volume production from Ukraine -CEO
– Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts maker’s chief executive said. “Over the course…
British Airways avoiding Russian airspace for overflights, IAG CEO says
LONDON – British Airways owner IAG is now avoiding Russian airspace for overflights and cancelled its flight to Moscow on Friday after Prime Minister Boris Johnson banned Russia’s flagship airline Aeroflot from…
Centene CEO Michael Neidorff takes medical leave
– Centene Corp said on Thursday its board had approved a request from its chairman and chief executive officer Michael Neidorff for a period of medical leave, effective immediately. The company named…
Congress Urges Amazon CEO To Aid Tortured Chinese Whistleblower
Congress Urges Amazon CEO To Aid Tortured Chinese Whistleblower Philip Lenczycki on February 23, 2022 The bi-partisan Congressional-Executive Commission on China (CECC) has called upon Amazon’s CEO Andy Jassy to advocate on…
Bath & Body Works CEO Meslow to step down
– Bath & Body Works Inc said on Wednesday Chief Executive Officer Andrew Meslow would step down in May due to health reasons, less than a year after the maker of home…
HSBC sees risks of wider contagion to markets from Russia-Ukraine conflict – CEO
LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis in Ukraine.…
De Beers CEO sees stable natural diamond supply, decent industry growth
By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, adding that…
Kraft Heinz to name CEO Patricio as chair
– Packaged food maker Kraft Heinz Co said on Friday it plans to appoint Chief Executive Officer Miguel Patricio as its chair, replacing Alexandre Behring who will retire at the annual shareholder…
Former Founder And Ceo Of Nanotechnology Company Convicted Of Multimillion-Dollar Securities Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES JEREMY BARBERA was convicted today following a one-week jury trial before the Honorable John G. Koeltl. …
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