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Estee Lauder Names Insider De La Faverie as New CEO to Kickstart Turnaround
Date: October 31, 2024
(Reuters) – Estee Lauder named insider Stephane de La Faverie its new CEO on Wednesday, as the company looks to revamp its business amid falling demand for cosmetics and premium fragrances with consumers getting picky with their spending. De La Faverie, currently the cosmetic giant’s executive group president, oversees high-end fragrance brands such as Jo...
Spain’s Caixabank Appoints Tomas Muniesa as Non-Executive Chairman
Date: October 30, 2024
By Jesús Aguado MADRID (Reuters) – The deputy chairman of Caixabank, Tomas Muniesa, will succeed Jose Ignacio Goirigolzarri as chairman of Spain’s biggest lender by domestic assets, it said on Wednesday, confirming an earlier Reuters report. The reshuffle comes as Europe’s lenders seek to adapt to a changing market environment, with margins under pressure from...
Estee Lauder Names Insider De La Faverie as New CEO to Kickstart Turnaround
Date: October 30, 2024
(Reuters) -Estee Lauder named insider Stephane de La Faverie its new CEO on Wednesday, as the company looks to revamp its business amid falling demand for cosmetics and premium fragrances with consumers getting picky with their spending. De La Faverie, currently the cosmetic giant’s executive group president, oversees high-end fragrance brands such as Jo Malone...
Virgin Money UK Picks Insider Gergely Zaborszky as Next CFO
Date: October 30, 2024
(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gergely Zaborszky would take on the role of its CFO, after current finance boss Clifford Abrahams leaves the company in December. Abrahams will stay with the company until Dec. 15, and Zaborszky, who currently heads FP&A and Capital Management at Virgin Money, will...
Apple Supplier IQE’s CEO Departs, Finance Chief Takes Interim Charge
Date: October 29, 2024
(Reuters) -British semiconductor wafer maker IQE said on Tuesday its CEO Americo Lemos had left the company with immediate effect and finance chief Jutta Meier would take charge in the interim. Shares in the company, whose ‘epi-wafers’ are used in the Apple iPhone’s facial recognition sensors, fell as much as 15% on the news. Lemos...
Cricket-Bethell Named in England Squad as Smith Misses New Zealand Test Series
Date: October 29, 2024
(Reuters) – England have included all-rounder Jacob Bethell in their test squad for the first time, with wicketkeeper-batsman Jamie Smith missing the New Zealand series starting in November on paternity leave, the England and Wales Cricket Board said on Tuesday. Bethell, who has played five One-Day Internationals (ODIs) and two T20s for England, is the...