leadership change News

Exclusive: Klaus Schwab Steps Down from WEF, Marking the End of an Era in Global Economic Leadership

Klaus Schwab, founder and chairman of the World Economic Forum, announces his departure, marking a significant shift in global economic leadership. His decision comes amid organiza...

Rajneet Kohli Takes the Helm at HUL’s Foods Division: A New Era Begins

Rajneet Kohli, former Britannia CEO, joins HUL as Executive Director, Foods, replacing Shiva Krishnamurthy. Effective from April 7, Kohli's leadership is anticipated to innovate HU...

Intel's Stock Jumps 15% Following Leadership Change: A New Era Begins

Intel Corp.'s stock surged over 15% after appointing Lip-Bu Tan as the new CEO, signaling a strong market response to the leadership change and a promising future direction for the...

Takashi Nakajima Takes the Helm as Honda Cars India's New CEO

Honda appoints Takashi Nakajima as the new President & CEO of Honda Cars India, effective April 1, 2025. Nakajima, previously leading Honda Motor Russia, is expected to bring new i...

LTIMindtree Welcomes Back Venugopal Lambu as CEO: A Strategic Leadership Move

LTIMindtree appoints Venugopal Lambu as its new CEO, marking a strategic leadership change. Lambu, with over 30 years of IT experience, returns to lead the company towards future g...

Renault Names Duncan Minto as New CFO to Spearhead Financial Strategy

Renault Group appoints Duncan Minto as the new CFO, bringing 25 years of finance experience to accelerate the company's transformation and strategic initiatives. Current CFO Thierr...

Leadership Shift at Honor: CEO George Zhao Resigns for Personal Reasons

Honor Device Co. Ltd. announces CEO George Zhao's resignation for personal reasons, with Jian Li stepping in as the new leader. The company looks forward to continuing its traditio...

BlackRock's Future Leadership Shaken as Key Executive Mark Wiedman Announces Departure

Mark Wiedman, a key executive at BlackRock and potential successor to CEO Larry Fink, is leaving the firm. His departure, reported by the Financial Times, raises questions about Bl...

Diageo India Announces Praveen Someshwar as New CEO, Marking a New Chapter

Diageo India appoints Praveen Someshwar as CEO, succeeding Hina Nagarajan. Someshwar, with a rich background at HT Media and PepsiCo, is set to lead from March 1. Nagarajan transit...

Wells Fargo Secures Top Talent: JPMorgan Executive Joins to Lead Credit Card Division

Wells Fargo & Co. has hired Ed Olebe, a former JPMorgan Chase & Co. executive, to lead its credit card business. Olebe replaces retiring executive Ray Fischer, while JPMorgan promo...

Breaking: Dunzo's CEO Kabeer Biswas Steps Down as Company Faces Financial Crisis

Kabeer Biswas, Dunzo's founder and CEO, is resigning amidst the company's financial struggles, including delayed salary payments for over 18 months. This follows the departure of o...

Leadership Shuffle at Adani Green: CEO Amit Singh Steps Up for a New Global Energy Role

Adani Green Energy announces a leadership transition as CEO Amit Singh moves to head the Adani Group's international energy business, with Ashish Khanna set to take over as the new...

End of an Era: N Srinivasan Steps Down from India Cements Leadership Alongside Family

N Srinivasan and his family resign from India Cements, ending a 50-year legacy. The company, now a subsidiary of UltraTech Cement, sees a board reshuffle and looks forward to a new...