Executive Moves

Starbucks CEO Transition Marks New Chapter with Incoming Leadership

In a significant leadership change, Starbucks has announced that Brian Niccol, the current Chairman and CEO of Chipotle, will take over as its new Chairman and CEO, effective September 9, 2024. This move comes as Laxman Narasimhan steps down from his role after a challenging tenure that saw the coffee giant face declining sales and increasing pressure from activist investors.

Topics: Contracts executive appointments hiring CEO

Arch Insurance International Appoints Marie Penberthy as New CFO

Arch Insurance International has announced the appointment of Marie Penberthy as its new Chief Financial Officer (CFO), pending regulatory approval. Penberthy takes over from Kurt Kittinger, who has held the position since 2020. This strategic appointment is seen as a move to enhance the company’s financial management and support its ambitious growth plans.

Topics: Insurance executive appointments CFO

Coinbase Adds Political Heavyweights to Board Amid Crypto's Growing Clout

 

Topics: executive appointments regulatory compliance Board

Centrica Announces New Chairman: Kevin O'Byrne to Succeed Scott Wheway

Centrica plc, the FTSE-100 energy giant, announced today that Scott Wheway will step down as Chairman of the company on December 16, 2024, after nearly nine years on the Board and five years as Chairman. Kevin O'Byrne, the current Senior Independent Director, will succeed Wheway as Chair.

Topics: Renewable Energy Corporate news executive appointments

Hailo Appoints Rakefet Russak Aminoach as Chairwoman of the Board

Topics: Corporate news executive appointments hiring