Boeing CEO offers ‘full support’ for China aviation crash probe
WASHINGTON – Boeing Chief Executive Dave Calhoun told employees on Monday that the planemaker has offered the full support of its technical experts in the …
CEO
Lamborghini can absorb lost sales in Russia through other markets -CEO
By Giulio Piovaccari MILAN – Italian luxury sports car brand Lamborghini can easily make up for lost sales from its decision to suspend business in …
Kering names Gianfilippo Testa as CEO of Alexander McQueen
PARIS – French luxury goods company Kering named Gianfilippo Testa on Monday as the new CEO of Alexander McQueen, tapping an executive from its star …
Ericsson investigating how it addressed Iraq probe, board backs CEO
STOCKHOLM – Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company’s conduct …
Cedar Grove marketing CEO defrauded healthcare industry out of $6 million
CEDAR GROVE, NJ – A Cedar Grove man has admitted to defrauding public and private health benefits plans of over $6 million according to federal …
BP CEO Looney’s 2021 pay package more than doubles to around $5.9 million
LONDON – BP CEO Bernard Looney’s total renumeration in 2021 rose to 4.46 million pounds ($5.86 million) from 1.74 million, BP’s annual report published on …
Airline startup Greater Bay’s launch slowed by COVID situation in Hong Kong – CEO
By Jamie Freed – Hong Kong startup Greater Bay Airlines has scaled back its initial growth ambitions due to tight pandemic-related quarantine restrictions and has …
GE cuts CEO Culp’s incentive grant after shareholder rebuke
By Rajesh Kumar Singh CHICAGO – General Electric Co on Thursday said its Chief Executive Larry Culp would take a 67% cut to an incentive …
Former CEO of Santa Clarita Valley Financial Services Company Sentenced to Nearly 3 Years in Prison for $2.3 Million Ponzi Scheme
LOS ANGELES – The former CEO of a Valencia-based financial services company was sentenced today to 33 months in federal prison for helping to …
CEO of Local Financial Firm Sentenced in Multi-Million Dollar Securities and Tax Fraud Scheme; Forfeits Millions
Assistant U.S. Attorney Carl F. Brooker, IV (619) 546-7994 NEWS RELEASE SUMMARY – March 17, 2022 SAN DIEGO – David John Nava of La Jolla …
Cyberfraud Protection Company CEO Pleads Guilty to Cyberfraud Charges
NEW YORK, NY – A CEO of a purported cyberfraud protection company has pleaded guilty to defrauding his business out of $17.5. Adam Rogas, the …
Brazil’s Bolsonaro hints at potential replacement of Petrobras CEO
– There is a possibility of replacing Petrobras’ chief executive, Brazil’s President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company’s …
Interim Starbucks CEO Howard Schultz on labor unions
– Starbucks’ longtime former Chief Executive Officer Howard Schultz will return temporarily after current CEO Kevin Johnson said on Wednesday that he will retire from …
Sun East President and CEO Michael Kaczenski, Recognized with 2022 President’s Distinguished Alumni Award by Neumann University
Kaczenski graduated from Neumann University in 1989, with a degree in Business Administration. While a student, he interned at Sun East and after graduation carried …
Former CEO And COO Of JHL Biotech Sentenced For Conspiring To Steal Trade Secrets And Commit Wire Fraud Exceeding $101 Million
SAN FRANCISCO – Racho Jordanov, the co-founder and former Chief Executive Officer of JHL Biotech, and Rose Lin, another of the company’s co-founders and former …
Generali investor proposes naming insurer’s Austria chief as CEO
By Stefano Bernabei ROME – A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in …
Aeroflot CEO no longer on airline trade group IATA’s board of governors
MONTREAL – The chief executive of Russian carrier Aeroflot is no longer on the board of governors of the International Air Transport Association (IATA), a …
Volkswagen CEO says 2022 outlook clouded by war in Ukraine
BERLIN – Volkswagen CEO Herbert Diess said the full impact of the war in Ukraine was not yet clear and is throwing the German carmaker’s …
Discovery CEO made over $246 million in 2021 thanks to bumper stock options
– Discovery Inc Chief Executive Officer David Zaslav’s total pay package surged to about $246.6 million in 2021, a filing on Monday showed, with more …
Wells Fargo CEO Scharf’s 2021 compensation up by 20% at $24.5 million
– Wells Fargo & Co Chief Executive Officer Charles Scharf’s total compensation for 2021 was $24.5 million, up nearly 20% from a year ago, the …
Generali struggle intensifies as investor plots own CEO candidate
By Stefano Bernabei and Gianluca Semeraro ROME – Generali’s second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead …
Disney CEO Opposes FL Parental Rights Bill After Media Pressure Campaign
Disney CEO Opposes FL Parental Rights Bill After Media Pressure Campaign Laurel Duggan on March 10, 2022 Disney CEO Bob Chapek came out against Florida’s …
Bank of NY Mellon Corp names vice chair Vince as CEO
– Bank of New York Mellon Corp said on Thursday vice chair Robin Vince would become the company’s chief executive officer, replacing Todd Gibbons who …
Crop Insurance Agency And CEO To Pay $500,000 To Settle Claims In Federal Fraud Investigation
Silveus Ins. Group, Inc. also agreed to a year-long monitoring period and CEO James Cameron Silveus agreed to a year-long exclusion from federal programs. …
Mitsubishi Motors North America Names Mark Chaffin President and CEO
Chaffin (53) is promoted into the role of CEO, having previously served as MMNA’s chief operating officer since 2018. Prior to his appointment to COO, …
Japanese airline ANA plans belt-tightening before fare hikes – incoming CEO
By Satoshi Sugiyama and Maki Shiraki TOKYO -Japanese airline operator ANA Holdings Inc will only raise airfares as a last resort to cover European route …
For BP’s CEO, Russian exit eased by reservations about Rosneft stake
By Ron Bousso LONDON – Within hours of Moscow launching its invasion of Ukraine, BP’s chief executive summoned his senior team to discuss the limited …
Europe-wide gas price cap needed to limit soaring costs – Engie CEO
BRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, …
U.S. crypto exchange CoinZoom pausing new accounts within Russia -CEO
By Hannah Lang – Utah-based cryptocurrency exchange CoinZoom is pausing applications for new accounts within Russia following the country’s escalating conflict in Ukraine, the company’s …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
‘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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …