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 …
CEO
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 …
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 …
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 …
Pioneer Natural Resources CEO calls for private oil firm’s flaring to be ‘reined in’
DENVER – Scott Sheffield, chief executive officer of U.S. public shale firm Pioneer Natural Resources Co, on Thursday said private oil and gas companies needed …
Bank of America CEO: capital markets business down, but pipelines are full
NEW YORK – Bank of America Chief Executive Officer Brian Moynihan said the bank’s capital markets business “is down” so far in 2022, even as …
StanChart CEO Winters keen to stay through 2024 at least
LONDON – Standard Chartered Chief Executive Bill Winters is keen to stay at the bank at least until the delivery of its new goal to …
Italy’s BPER to present new plan after Carige deal closes – CEO
(Repeats without changes) MILAN – Italy’s fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief …
Citigroup raises Fraser’s pay by 32% after appointing her as CEO
-Citigroup Inc Chief Executive Officer Jane Fraser will be paid $22.5 million for 2021, a 31.6% increase from the previous year when she was the …
Apache aims to boost oil and gas output in Egypt, says CEO
CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann …
Britain fines JD Sports, Footasylum as CEO meetings breach order
By Sachin Ravikumar -Britain fined sportswear retailers JD Sports and Footasylum on Monday, saying meetings between their bosses breached an order that barred the two …
HSBC names Lim as CEO of Hong Kong business
SINGAPORE – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as …
Takeaway.com CEO: U.S. delisting does not indicate plan to sell Grubhub
AMSTERDAM – Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not …
Banco BPM focused on growing as a standalone lender, CEO says
PARMA, Italy – Banco BPM is focused on growth opportunities as a standalone lender, the head of Italy’s third-largest bank said on Saturday, a day …
Lamborghini hopes for combustion engine future beyond 2030 – CEO
FRANKFURT – Volkswagen’s supercar brand Lamborghini is looking to keep combustion engine vehicles alive beyond the end of the decade, the unit’s Chief Executive Stephan …
Shell CEO sells $5.2 million of shares
By Ron Bousso LONDON -Shell Chief Executive Officer Ben van Beurden on Feb. 7 sold 3.9 million pounds ($5.2 million) worth of the energy company’s …
Bosch CEO expects chip shortage to ease significantly in second half
BERLIN – Bosch CEO Stefan Hartung expects the chip shortage to lessen significantly in the second half of this year, he said at a press …
Peloton CEO To Step Down As Company Cuts Thousands Of Jobs
Peloton co-founder and chief executive John Foley will step down as the company plans to cut thousands of jobs after slowing demand caused a significant …
Bank CEO Stephen M. Calk Sentenced To One Year And One Day For Corruptly Soliciting A Presidential Administration Position In Exchange For Approving $16 Million In Loans
Damian Williams, the United States Attorney for the Southern District of New York, announced today that STEPHEN M. CALK was sentenced to one year and …
Spotify CEO condemns Rogan over racial slurs, but won’t silence him
By Bhargav Acharya and Shivani Tanna – Spotify Chief Executive Officer Daniel Ek said on Sunday he “strongly” condemns racial slurs and other comments made …
Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say
By Giuseppe Fonte ROME – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned …
Airbus may make engines for hydrogen fuelled planes, CEO tells paper
FRANKFURT – Airbus may make its own engines for its hydrogen fuelled planes, Chief Executive Officer Guillaume Faury told a German newspaper in an interview …
Federal Criminal Charges Filed Against CEO of Exit 7c, Inc.
United States Attorney Richard G. Frohling announced that on February 2, 2022, an information was filed in federal court in Milwaukee, charging Blessing Egbon with …
Siemens to increase research and development spending – CEO
ZURICH – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch will tell the German engineering group’s …
Swisscom names Aeschlimann CEO, one-offs swell 2021 net profit
ZURICH – Swisscom named Christoph Aeschlimann as new chief executive on Thursday to succeed Urs Schaeppi when he steps down on June 1 after nine …
China’s JD.com CEO joins billionaire charity rush with $2.3 billion share pledge
-JD.com founder and CEO Richard Liu will donate company shares worth about $2.34 billion to charity, the Chinese e-commerce giant said on Wednesday, adding to …
Mercedes-Benz CEO says raw material scarcity could delay e-mobility – Die Zeit
– Scarce supply of raw materials for electric cars could slow the transition from fossil-fuel burning vehicles to electric ones, Mercedes-Benz Chief Executive Ola Kaellenius …
EV maker ELMS’ CEO, chairman resign after probe into their share purchases
– Electric Last Mile Solutions Inc, a maker of battery-powered delivery vehicles, said on Tuesday that its top two executives had resigned following an investigation …
Spice Company CEO That Called Republicans Racist Begs Customers To Buy Gift Cards
A national spice retail company that called Republicans racist earlier in January began to ask people to purchase gift cards after the company lost thousands …
Medical Imaging Companies CEO Sentenced to 5 Years in Prison for $250 Million Health Care Fraud Run Via State Workers’ Comp System
SAN DIEGO – The CEO of several Southern California-based medical imaging companies was sentenced today to 60 months in federal prison for running a …
Synergy CEO says Restaurants not facing worker shortage, but wage shortage
Last year, we experienced The Great Resignation, which hit the hospitality industry especially hard. In November 2021, a record 4.5 million Americans quit their jobs — and 1 …
Rita’s Italian Ice CEO goes Undercover Boss in Toms River
TOMS RIVER, NJ – Toms River will once again be the location for a hit television show as Rita’s Italian Ice CEO goes undercover. The …
Former CEO of recycling firm sentenced to second prison term for tax fraud
Seattle – The former owner and co-CEO of an electronics recycling firm was sentenced today in U.S. District Court in Seattle to 6 months in …
Apple CEO Tim Cook Made Nearly $100 Million In 2021
Harry Wilmerding on January 7, 2022 Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC …
Moderna CEO says you’re going to need a fourth vaccination next fall and more after that
Guess what? If you’ve been fully vaccinated and boosted with Moderna’s mRNA COVID-19 vaccine, you’re not done yet, according to company CEO Stephane Bancel. Bancel …
CEO of Shreveport Federal Credit Union Pleads Guilty to Charges in Federal Court
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has pleaded guilty before United States District Judge …
Liberal Daily Show host Trevor Noah claims Moderna CEO Stephane Bancel pushing vaccines for monetary gain
Trevor Noah, host of Comedy Central’s “The Daily Show” has raised more than a few eyebrows after slamming Moderna CEO Stephane Bancel, claiming Bancel is …
CEO of Private Jet Charter Company Convicted of Bankruptcy Fraud
ALEXANDRIA, Va. – A federal judge convicted a Reston businessman yesterday on a series of fraud charges relating to a bankruptcy case in which he …
Instagram Rolls Out Teen Safety Features One Day Before CEO Will Testify In Congress
Instagram unveiled a host of child safety measures and parental controls for its app just one day before chief executive Adam Mosseri is due to …
Former Owner and CEO of Pharmaceutical Company Charged with Embezzlement
NEWARK, N.J. – The former chief executive officer and owner of a pharmaceutical company was arrested this morning for embezzling millions of dollars from the …
CEO Fires More Than 900 Employees On Video Conference
The chief executive of a New York City-based mortgage company laid off 900 employees Wednesday over a video conference call, multiple sources reported. Vishal Garg, …
Nonprofit CEO Pleads Guilty to Wire Fraud in Relation to Covid-19 Loan Fraud
Greenbelt, Maryland – Brandon Fitzgerald-Holley, age 32, of Suitland, Maryland, pleaded guilty today to wire fraud in relation to COVID-19 loan fraud. The guilty plea …
CEO Of Purported Global Biomedical Company Charged With Stealing Over $1 Million Of Victim’s Money Through False Promises Of Investment Opportunities
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky J. Patel, the Acting Special Agent-in-Charge of the New York …
Twitter Expands Its Bans Day After It Names New CEO
Twitter is expanding the list of content banned from its platform, and it will no longer allow users to share the “private media” of individuals …
Republicans Warn Of ‘Censorship’ From ‘Radical’ New Twitter CEO Parag Agrawal
Republican lawmakers are raising concerns that Twitter’s new Chief Executive Parag Agrawal may threaten conservative political speech on the social media platform. Agrawal, Twitter’s former …
Jack Dorsey To Step Down As Twitter CEO
Twitter chief executive Jack Dorsey will step down from his position leading the social media company. Twitter announced the transition, which CNBC first reported, in …
Christmas CEO is newest Hallmark Countdown to Christmas movie
Build-A-Bear Entertainment today announced the premiere date of its newest film, Christmas CEO, which is part of Hallmark Channel’s annual “Countdown to Christmas” programming event. The …
Tech Company and CEO Plead Guilty to Twenty Counts of Wire Fraud Mid-Trial
Charleston, South Carolina — Acting United States Attorney M. Rhett DeHart announced today that Micfo, LLC, a tech company located in Charleston, and its chief …
Local non-profit CEO sentenced to 4 years in prison for tax fraud
CINCINNATI – The founder, owner, CEO and president of a Cincinnati nonprofit was sentenced today in federal court to 48 months in prison for using …
Former CEO Of Publicly Traded Houston Company Sentenced To Three Years In Prison For Accounting Fraud And Misappropriation Schemes
Damian Williams, the United State Attorney for the Southern District of New York, announced today that JEFFREY HASTINGS, the former Chief Executive Officer and Chairman …