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Starbucks CEO Kevin Johnson is retiring after five years on the job. Howard Schultz will return as interim CEO, once again taking the helm of the coffee chain he elevated to a global brand while the company searches for a long-term successor. This will be his…
The past few weeks have been a rather turbulent time for Samsung Electronics, and it had nothing to do with the Galaxy S22 series. The company has been heading towards its potential first-ever strike, with a workers’ union coming together to fight against…
Nvidia’s founder and CEO Jensen Huang have revealed in a wide-ranging interview that autonomous vehicles will be prevalent all over the world. He believes 2022 is the inflection point for the development of autonomous vehicles and their adoption and by 2025,…
WhatsApp CEO Will Cathcart lent some hopeful words to fans of the messaging platform during an interview this week, when he announced that the company is looking into creating a native iPad WhatsApp app. WhatsApp users have long been nagging the…
French sports retailer Decathlon named 45-year old Barbara Martin Coppola, a former executive at companies such as IKEA and Google, as its new global chief executive. Coppola will replace Michel Aballea, who had held the role since 2015, in mid-March this…
Deputy CEO of Asia Commercial Bank (ACB) Tu Tien Phat became its CEO Friday, replacing Do Minh Toan who led the bank for more than nine years. Before his appointment as CEO for the 2022-2025 term, Phat was ACB’s Deputy CEO cum head of retail banking since…
McDonald’s has settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to repay his severance package of more than $100 million. Easterbrook was fired in 2019 after the fast-food giant’s board determined that he violated company…
International travel is likely to recover soon despite progress being slowed by the omicron variant, according to AirAsia chief executive Tony Fernandes. “I do believe that we’re at the beginning of the end,” he said “Squawk Box Asia” on Monday, noting that…
The Swiss crypto broker’s CEO is stepping down after four years. His replacement is an ex-UBS banker well-known for his technology expertise. Arthur Vayloyan is stepping down as CEO of Bitcoin Suisse at the end of March, the Zug-based crypto firm said in a…
PepsiCo has announced the appointment of Kyle Faulconer as the new CEO of Australia and New Zealand, effective January 2022. Faulconer will replace outgoing CEO, Danny Celoni, who was recently appointed to the Asahi Beverages Oceania Executive Leadership Team…
Morgan Stanley’s chief executive of China will reportedly retire after nearly two decades with the American lender. Wei Sun Christianson will retire from her role as China CEO and APAC co-CEO – roles she held since 2006 and 2011, respectively – according to a…
Starbucks Coffee Company announced the promotion of Belinda Wong from president to chief executive officer of Starbucks China. Wong has been instrumental in Starbucks unprecedented growth in China—from 400 stores in 2011 to over 2,300 stores today—by leading…
Asahi Beverages is announcing that Peter Filipovic will be retiring as CEO of Carlton & United Breweries (CUB), our Australian alcohol business division. Mr Filipovic will shortly achieve 25 years of service with the business, and following the successful…
Marco Gobbetti is to give up his role as CEO of Burberry after leading the brand and business for almost five years. According to a report, Gobbetti will return home to Italy to lead rival luxury goods group Ferragamo. Gobbetti will stay with Burberry until…
Uber CEO, Dara Khosrowshahi, delivered food to people’s doorstep in San Francisco for those ordering from Uber Eats. He completed 10 trips and managed to rake in $98.91. He tweeted about this from his personal handle saying “Spent a few hours delivering for…
Australian dairy company Brownes Dairy has appointed Natalie Sarich-Dayton as its new CEO. Sarich-Dayton succeeds Tony Girgis who served as CEO of Brownes Dairy for seven years. “I have greatly enjoyed working alongside Natalie, and believe she is an inspired…
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