management
BusinessVestas CFO to Step Down, Shares Slip 5%
Top StoriesExclusive-Intel Approaches Candidates for CEO Role, Including Former Board Member Lip-Bu Tan, Sources Say
Top StoriesSoccer-Struggling Man City Counting on Fan Support, Says Guardiola
Top StoriesSoccer-Chelsea Exceeding Expectations but Maresca Wants More
Forvia Says CEO Koller to Step Down in March 2025, Succeeded by Martin Fischer
Date: December 3, 2024
(Reuters) – Forvia has appointed Martin Fischer to replace Patrick Koller as its CEO from the beginning of March 2025, the French car parts supplier said on Tuesday. Fischer, an auto industry veteran who most recently served as a member of ZF Group’s management board, will join Forvia as a deputy CEO on Friday to...
Upper Crust Owner Ssp Targets European Profit Margin Boost, Shares Jump
Date: December 3, 2024
(Reuters) -Upper Crust owner SSP, which runs cafes, bars and restaurants in train stations and airports in nearly 40 countries, said on Tuesday it plans to double its operating profit margin in its struggling Continental European business. London-based SSP said the performance of its biggest market in terms of sales, which accounted for 35% of...
Soccer-Van Nistelrooy Looks to Lift Leicester Spirits
Date: December 2, 2024
(Reuters) – Newly-appointed manager Ruud van Nistelrooy is aiming to bring a sense of positivity to Leicester City and quickly make an impression on the Premier League club’s players, as he looks to ensure that they remain in the English top flight. The former Manchester United striker was appointed on Friday to replace Steve Cooper...
Intel CEO Gelsinger Steps Down Before Completing Turnaround Plan
Date: December 2, 2024
By Max A. Cherney and Stephen Nellis (Reuters) -Intel Chief Executive Pat Gelsinger has stepped down less than four years after taking the helm of the company, handing control to two lieutenants as the faltering American chipmaking icon searches for a permanent replacement. Gelsinger, who resigned on Dec. 1, left the company before the completion...
Stellantis Drops After CEO Tavares Resigns
Date: December 2, 2024
(Reuters) -Shares in Stellantis slumped as much as 8.9% on Monday, hitting their lowest in more than two years, after CEO Carlos Tavares resigned abruptly on Sunday, deepening investors’ worries about the turnaround of the world’s No. 4 carmaker. His exit leaves a void at the top of the company at a time of tumult...
Strikes to Hit Volkswagen in December as Clash With Labour Escalates
Date: November 29, 2024
BERLIN (Reuters) -Workers at Volkswagen could go out on strike across Germany as soon as next week, the IG Metall union said in a notice on Friday, as a clash between labour and management over layoffs and plant closures escalates. “Strikes are possible and also necessary from the beginning of December,” IG Metall said in...