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McDonald’s reshuffles senior leadership to support growth plans
Yahoo Finance· 2026-03-31 09:27
Core Insights - McDonald's has announced senior management changes to enhance operational scaling and support growth initiatives [1][5] Group 1: Leadership Appointments - Skye Anderson has been appointed as the US chief operating officer (COO) to unify teams responsible for restaurant execution [1][2] - Mason Smoot has been named global franchising and delivery senior vice-president, overseeing worldwide franchising benchmarks and franchisee engagement [3][4] - Mattijs Backx has been promoted to chief transformation and services officer, leading Global Business Services (GBS) to streamline operations and enhance service delivery [4] Group 2: Responsibilities and Goals - Anderson's responsibilities include leading US national operations, restaurant development, and overseeing the US supply chain and technology [2][3] - The leadership changes aim to sustain momentum, support growth, and drive enterprise-wide transformation [5] - The partnership renewal with Capgemini focuses on integrating modern digital solutions for customers and staff [5]
Notice of publication of the 2025 Universal Registration Document
Globenewswire· 2026-03-23 16:45
Group 1 - Capgemini SE has filed its 2025 Universal Registration Document with the French Financial Markets Authority (AMF) [4] - The document includes the annual financial report, management report, sustainability information, corporate governance report, and share buyback program description [6] - The French version of the 2025 Universal Registration Document is available to the public free of charge and can be accessed on the company's website [4][5] Group 2 - The English version of the 2025 Universal Registration Document is also available on the company's website [5] - The registered office of Capgemini is located at 11, rue de Tilsitt, 75017 Paris, France [2] - The share capital of Capgemini is €1,359,429,368 [2]
2026 Shareholders’ Meeting – Notice of publication of the preparatory documents
Globenewswire· 2026-03-23 16:45
CAPGEMINISociété Européenne (European Company) with a share capital of €1,359,429,368 Registered office at 11, rue de Tilsitt, 75017 Paris (France)330 703 844 RCS Paris Paris, March 23, 2026. Combined Shareholders’ Meeting on May 20th, 2026 Availability of documents relating to the General Meeting The Capgemini SE Combined Shareholders’ Meeting will be held on Wednesday, May 20, 2026 at 2 p.m. CET at Pavillon Vendôme, 7 place Vendôme, Paris (1st District). Documents and information relating to the Sharehold ...
NNIT A/S: New CEO to lead NNIT into its next phase of growth
Globenewswire· 2026-03-17 20:24
Company Leadership Transition - Claus Rydkjær has been appointed as the new Chief Executive Officer of NNIT A/S, effective April 7, 2026, succeeding Pär Fors who announced his resignation after nearly five years in the role [1][3] - Chairman Carsten Dilling emphasized that Rydkjær's extensive leadership experience and understanding of strategy and growth execution make him well-suited to lead NNIT into its next phase, focusing on life sciences and the public sector [1][3] Claus Rydkjær's Background - Rydkjær has over 25 years of experience in leadership roles within large-scale consulting and technology-enabled services, including positions as CEO, COO, and Managing Director [1][4] - His most recent role was as Group Chief Commercial Officer at Iver Group, where he was responsible for the commercial strategy and led the largest business unit in managed services, aligning with NNIT's strategic focus [2][4] Pär Fors's Contributions - Pär Fors is recognized for his leadership during challenging market conditions, having reshaped NNIT into a more focused IT consultancy and implemented a stronger regional operating model [3] - His tenure included significant transformations such as the divestment of infrastructure operations and successful integration of acquisitions, contributing to the company's strategic direction [3] Company Overview - NNIT is a leading provider of IT solutions, particularly in the life sciences sector and the public and private sectors in Denmark, focusing on high complexity industries with stringent regulatory demands [6][7] - The company employs around 1,600 people across Europe, Asia, and the USA, and aims to build sustainable digital solutions tailored to the needs of patients, citizens, and customers [6][7]
Kering Taps Former Auto Exec as Chief Digital, AI and IT Officer
Yahoo Finance· 2026-03-17 17:32
PARIS — Kering has appointed Pierre Houlès chief digital, AI and IT officer, in the latest shakeup of its management ranks under chief executive officer Luca de Meo. De Meo, who prior to joining Kering last September was CEO of French car giant Renault Group, once again tapped a former colleague from the automotive industry as he seeks to streamline senior functions in his bid to turn around the ailing French luxury group. More from WWD Houlès joins from Renault, where he worked from 2016, leading the ca ...
AI was supposed to kill off consultants. It’s not happening, Capgemini’s strategy chief says
Yahoo Finance· 2026-03-17 17:23
Core Insights - Nvidia projects $1 trillion in AI chip sales by the end of 2027, indicating a significant growth trajectory in the AI hardware market [1] - Consulting firms are adapting to the rise of AI by emphasizing their role in governance, cybersecurity, and integration with legacy systems, which AI vendors struggle to provide [2] - The demand for deep industry and domain expertise remains high, as clients prefer consultants who understand specific operational challenges over generic AI solutions [3] Group 1: Consulting Firms' Adaptation - Capgemini and other consulting firms are shifting from selling technology and advice to selling outcomes, taking on the risk of delivering results like improved customer support [4][5] - AI is enabling consulting firms to penetrate midmarket segments that were previously unserviceable due to cost constraints, allowing for more attractive pricing while maintaining profit margins [6] - The challenge for consulting firms lies in retraining their workforce to effectively collaborate with AI agents, with mixed outcomes anticipated for employees [7] Group 2: Industry Perspectives - The current moment is viewed as a significant opportunity in the technology landscape, with consulting firms needing to adapt quickly to technological advancements [8]
Change in the composition of Capgemini’s Board of Directors proposed to the 2026 Shareholders’ Meeting
Globenewswire· 2026-03-16 16:45
Core Viewpoint - Capgemini's Board of Directors is proposing changes to its composition for the upcoming Shareholders' Meeting on May 20, 2026, including the renewal of terms for existing members and the appointment of new independent directors to enhance diversity and expertise [2][3][4]. Board Composition Changes - The Board will propose the renewal of Mr. Paul Hermelin and Ms. Maria Ferraro's terms, alongside the appointment of Ms. Véronique Weill and Mr. Luc Rémont for four-year terms [3]. - Mr. Hermelin is set to be reappointed as Chairman of the Board, maintaining a governance structure that separates the roles of Chairman and CEO [4]. - Mr. Patrick Pouyanné is intended to be appointed as Lead Independent Director, bringing nine years of experience on the Board [5]. New Appointments - Mr. Luc Rémont will contribute his executive management experience in the energy sector and financial expertise [6]. - Ms. Véronique Weill will bring over 20 years of experience in investment banking and corporate governance, along with knowledge in technology and digital issues [7][19]. - Ms. Lila Tretikov, an expert in Artificial Intelligence, will also be presented for ratification, bringing her technological skills and experience in business transformation [8][15]. Board Diversity and Governance - If the proposed changes are adopted, the Board will consist of 15 directors, with 83% being independent, 40% having international profiles, and 50% being women [9]. - The company aims to comply with the "Women on Boards" Directive ahead of its official implementation in 2027, projecting a 46% female representation on the Board [10]. Company Overview - Capgemini reported global revenues of €22.5 billion for 2025 and operates as a global business and technology transformation partner with a workforce of over 420,000 in more than 50 countries [23].
85% of banks’ corporate clients plan to engage with a non-bank financial institution within the next year as competition with private capital intensifies
Globenewswire· 2026-03-16 05:00
Core Insights - Corporate and investment banks (CIBs) are facing increasing competition from non-bank financial institutions, with 85% of corporate clients planning to engage with non-banks within the next year for better services [1] Client Expectations and Current Performance - CIB clients expect real-time responsiveness (58%), personalized engagement (49%), and innovative solutions (40%), but only 23% feel that CIBs currently meet these needs [2] - Many clients report that CIBs have limited integration with ERP and treasury systems (92%), lack personalization and flexibility (89%), and insufficient advanced analytics and forecasting capabilities (68%) [2] Innovation Challenges - A significant majority (82%) of CIB executives believe current innovation programs are not generating improved revenue from new products, and 51% report that these programs did not deliver expected cost savings [3] - Only 29% of IT budgets are allocated to transformative technologies, while 43% is spent on maintaining legacy systems, and 61% of executives cite high compliance costs as a constraint [4] Revenue Growth and Strategic Focus - CIB revenue growth is slowing, with a forecasted compound annual growth rate (CAGR) of 5.4% over the next five years, down from 6.5% between 2022 and 2024 [5] - CIBs are expanding their product and service offerings, focusing on real-time treasury capabilities for cross-border payments (77%) and next-generation AI market products (65%) [6] Competitive Landscape and AI Adoption - Non-bank financial institutions are narrowing the competitive gap with CIBs, as many banks struggle to move beyond pilot stages in AI implementation due to governance issues, with only 26% having centralized AI oversight [7] - To succeed, CIBs need to create enterprise-grade platforms and build ecosystems of trusted partners, which can lead to deeper client engagement and improved fee income [7] Cultural and Technological Barriers - Cultural issues are significant obstacles to AI adoption, with 39% of surveyed executives indicating that a conservative culture hinders experimentation with new technologies [10] - Banks are looking to hire external talent (40%) to enhance their AI capabilities, while only 23% are investing in internal reskilling [10] Research Methodology - The findings are based on insights from 750 senior executives across corporate and investment banks, large corporations, and non-bank financial institutions with annual revenues of USD 1 billion or more [11]
Capgemini va acquérir Piterion, leader indépendant en PLM et en digitalisation des opérations industrielles
Globenewswire· 2026-03-09 07:30
Core Insights - Capgemini has signed an agreement to acquire Piterion, a leading independent player in Product Lifecycle Management (PLM) and Manufacturing Operations Management (MOM), which will enhance Capgemini's global capabilities in PLM and provide tailored solutions to optimize product lifecycle management at scale [1][2] Group 1: Acquisition Details - The acquisition of Piterion is expected to accelerate the migration of on-premise infrastructures to cloud-native environments, improving productivity through advanced AI analytics and generative AI models [2] - Piterion, founded in 2004 and based in Stuttgart, Germany, has over 200 experts and subsidiaries in Italy, Tunisia, and India, serving major players in automotive, aerospace, defense, life sciences, and high-tech industries [3] Group 2: Piterion's Expertise - Piterion specializes in designing and operating complex engineering application environments to optimize manufacturing processes, enhancing efficiency, traceability, and reliability [4] - The company is recognized for its expertise in industrial operations digitalization, including PLM, manufacturing system interconnectivity, operations management, and resource planning, leveraging advanced cloud infrastructures [4] Group 3: Strategic Importance - The acquisition will strengthen Capgemini's global PLM practice and enrich its portfolio of agent-based solutions, enhancing relationships with strategic industrial players and accelerating growth in manufacturing sectors [5] - Piterion's strong presence in Germany and its operational capabilities will provide numerous project and development opportunities within Capgemini's international framework [6]
Women’s Day Special: Women make up 40% of IT workforce, so why are billion-dollar deals still dominated by men?
The Economic Times· 2026-03-07 07:56
Core Insights - The technology services industry showcases diversity numbers, yet high-stakes dealmaking roles remain predominantly male, indicating a significant gap between representation and influence [1][13] - A rising group of women leaders is beginning to challenge this trend, taking on key roles and influencing major strategic deals within the industry [1][12] Workforce Representation - The IT sector reports that women constitute approximately 35–40% of the workforce, yet leadership roles for major enterprise deals and strategic partnerships are still largely occupied by men [2][13] - The gender paradox in the sector highlights the discrepancy between the representation of women in the workforce and their influence in decision-making roles [2][12] Leadership Roles - Women executives are emerging as significant dealmakers in global technology services, with notable figures such as Arundhati Chakraborty leading a business generating nearly $10 billion in annual revenue [6][13] - Other influential women include Uma Rijhwani, who oversees profit and loss responsibilities in banking and financial services, and Aarthi Subramanian, who played a key role in a $700-million acquisition at TCS [6][7] Strategic Initiatives - Global technology firms are increasingly promoting women to strategic operational and consulting roles, as seen with Karine Brunet at Capgemini and Shveta Arora at Cognizant [8][9] - The industry is witnessing women like Riju Vashisht at Genpact leading transformation services and enterprise sales initiatives, further emphasizing the shift towards female leadership in strategic positions [10][12] Structural Challenges - Experts indicate that while gender diversity in hiring has improved, there is a need for stronger pipelines to elevate women into client-facing leadership and revenue-generating roles [12][13] - The ongoing structural challenges within the IT services industry must be addressed to close the gap between representation and actual decision-making power [12]