Unilever names former Heinz exec Schumacher as CEO

To turn into CEO July 1 Activist shareholder says met Schumacher when at Heinz First outsider CEO since Paul Polman appointed in 2008 Unilever shares outpace FTSE 100 LONDON, Jan 30 (Reuters) – Unilever on Monday appointed Hein Schumacher to interchange Alan Jope as chief government from July in a transfer that was welcomed by … Read more

Vietnam president quits as Communist Get together intensifies graft crackdown

President highest-profile casualty of graft crackdown Phuc blamed for conduct of officers underneath him Tons of of officers hit by ‘blazing furnace’ marketing campaign Phuc’s downfall broadly anticipated HANOI, Jan 17 (Reuters) – Vietnam President Nguyen Xuan Phuc has resigned after the ruling Communist Get together blamed him for “violations and wrongdoing” by officers underneath … Read more

Unique: Tesla makes China boss highest-profile govt after Musk

Transfer makes Zhu efficient deputy to Musk Traders have referred to as for deeper govt staff, Musk focus China-born Zhu holds New Zealand passport Zhu joined Tesla in 2014 Jan 3 (Reuters) – Tesla Inc’s (TSLA.O) China chief Tom Zhu has been promoted to take direct oversight of the electrical carmaker’s U.S. meeting vegetation in … Read more

Musk to step down as Twitter CEO as soon as he finds ‘somebody silly’ sufficient as successor

Dec 20 (Reuters) – Billionaire Elon Musk mentioned on Tuesday he’ll step down as chief government of Twitter Inc as soon as he finds a alternative, however will nonetheless run some key divisions of the social media platform. “I’ll resign as CEO as quickly as I discover somebody silly sufficient to take the job! After … Read more

Crypto lender BlockFi recordsdata for chapter, cites FTX publicity

Submitting follows weeks after FTX collapse FTX listed as BlockFi’s No.2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 chapter safety, it mentioned on Monday, the most recent trade casualty after the agency was harm by publicity to the spectacular collapse of the … Read more

Pope sacks management of worldwide Catholic charity, names commissioner

VATICAN CITY, Nov 22 (Reuters) – Pope Francis on Tuesday fired your entire management of the Roman Catholic Church’s worldwide charity arm following accusations of bullying and humiliation of staff, and appointed a commissioner to run it. The shock transfer concerned the executives of Caritas Internationalis (CI), a Vatican-based confederation of 162 Catholic reduction, improvement … Read more

Third Japanese cupboard minister in a month resigns in blow to PM

TOKYO, Nov 21 (Reuters) – Japan’s inside affairs minister resigned on Sunday in reference to a funding scandal, changing into the third cupboard member to go away in lower than a month in a extreme blow to Prime Minister Fumio Kishida’s already shaky assist. Kishida’s approval rankings have sunk after the July assassination of former … Read more

Tesla board member says Elon Musk recognized potential successor as CEO

SAN FRANCISCO, Nov 16 (Reuters) – James Murdoch, a Tesla Inc (TSLA.O) director, testified in court docket on Wednesday that CEO Elon Musk has in the previous few months recognized somebody as a possible successor to go the electrical carmaker. Murdoch, who didn’t identify the potential successor, was testifying in a trial over Musk’s 2018 … Read more

Elon Musk says he’ll discover a new chief for Twitter

Nov 16 (Reuters) – Elon Musk stated on Wednesday he anticipated to cut back his time at Twitter and finally discover a new chief to run the social media firm, including that he hoped to finish an organizational restructuring this week. Musk made the remarks whereas testifying in a Delaware court docket to defend in … Read more

Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) – Twitter Inc’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit of the company’s trust and safety leader. The billionaire on his first mass call with employees said … Read more