Company leadership transition
Search documents
Pandora President and CEO Alexander Lacik to Retire
Yahoo Finance· 2025-09-30 08:54
Core Viewpoint - Alexander Lacik, the CEO of Pandora, will retire on March 11, with Berta de Pablos-Barbier, the current chief marketing officer, set to succeed him [1][2]. Company Leadership Transition - Berta de Pablos-Barbier expressed her honor in taking over as CEO, highlighting the growth and brand transformation achieved under Lacik's leadership [2]. - The board of directors is pleased with the appointment of de Pablos-Barbier, noting her strong analytical skills and experience in luxury and consumer goods [2]. Performance Under Current Leadership - Under Lacik's leadership since April 2019, Pandora has experienced a revenue growth of 45% and an increase in its global workforce from 24,000 to 37,000 [2]. Market Reaction - The market response to the leadership change has been muted, although there are concerns regarding potential pressure on shares due to Lacik's strong performance and the current market volatility [3][4].
ThaiBev spirits chief Colaco named new Fraser and Neave CEO
Yahoo Finance· 2025-09-25 13:04
Core Insights - Fraser and Neave has appointed Rahul Colaco as the new CEO, effective October 1, succeeding Hui Choon Kit, who has been with the company for 25 years and served as CEO since 2022 [1][5] Company Performance - For the financial year ending September 30, 2024, Fraser and Neave reported revenue of S$2.16 billion (US$1.68 billion), reflecting a 3% increase year-on-year. Profit after tax rose by 6.8% to S$219.1 million [3] - The company experienced a 9.7% revenue growth to S$1.77 billion in the first nine months of the financial year, although profit after tax decreased by 6.4% to S$169.5 million, attributed to lower earnings from soft drinks [4] Leadership Transition - Chairman Koh Poh Tiong expressed confidence in Colaco's leadership abilities, highlighting his experience in brand building and growth across various markets [2] - Colaco has a diverse background, having previously worked at FrieslandCampina and Unilever, and he emphasized the honor of leading Fraser and Neave, a company with a rich heritage [3]
T-Mobile's Mike Sievert to Become Un-CEO: Srini Gopalan Takes Over Nov. 1
CNET· 2025-09-22 20:43
Core Insights - T-Mobile's CEO Mike Sievert will step down on November 1, 2025, and will be succeeded by COO Srini Gopalan, while Sievert will remain as vice chairman and on the board of directors [1][2][3] Company Performance - T-Mobile is experiencing significant success in the mobile marketplace, recently named the Best Mobile Network in the US by Ookla, and reported record growth with over 130 million customers [3][10] - The company announced it will be the official telecommunications services provider for the 2028 Olympic and Paralympic Games in Los Angeles [3] Leadership Transition - The leadership change is seen as a planned succession rather than a response to issues within the company, with Sievert indicating that the timing is strategic, occurring during a period of strong performance [2][8] - Gopalan was recruited with the succession plan in mind, having served as COO for only six months prior to his promotion [6][7] Industry Context - The transition occurs amid a softening economy and regulatory pressures on telecommunications companies, which Gopalan will need to navigate [2] - The recent management changes at T-Mobile, including the departures of other key leaders, may lead to a loss of institutional knowledge, although replacements are from within the company [11][12]
Maziar Mike Doustdar appointed as president and chief executive officer of Novo Nordisk
Globenewswire· 2025-07-29 11:36
Core Viewpoint - Novo Nordisk has appointed Maziar Mike Doustdar as the new president and CEO, effective August 7, 2025, succeeding Lars Fruergaard Jørgensen, who is stepping down on the same date [1][3]. Company Leadership Changes - Mike Doustdar, currently the executive vice president of International Operations, has a proven track record of driving growth, having more than doubled sales in International Operations to approximately DKK 112 billion in 2024 [2][10]. - Helge Lund, Chair of Novo Nordisk, expressed confidence in Doustdar's leadership abilities and vision for the company, emphasizing the need to address market challenges swiftly [3]. - Other executive changes include the merger of Research & Early Development and Development into a consolidated R&D unit, led by Martin Holst Lange, who will become the chief scientific officer [5][6]. Organizational Structure - Emil Kongshøj Larsen will succeed Mike Doustdar as executive vice president of International Operations, overseeing a region that accounts for about 20% of Novo Nordisk's global sales [8]. - The new executive management team will be effective from August 7, 2025, and will include various key members responsible for different operational areas [9]. Company Background - Novo Nordisk is a leading global healthcare company founded in 1923, focusing on chronic diseases, particularly diabetes, and employs approximately 77,400 people across 80 countries [13].
CMG Appoints Vipin Khullar as Chief Financial Officer
Globenewswire· 2025-07-28 10:55
Core Viewpoint - Computer Modelling Group Ltd. (CMG) has appointed Vipin Khullar as Chief Financial Officer to support the company's growth strategy and transformation journey [1][2][3] Group 1: Leadership Changes - Vipin Khullar's appointment as CFO is seen as a significant addition to CMG's leadership team, bringing strategic insight and operational depth [2] - Sandra Balic, the former CFO, will transition to the role of Vice President, Finance, continuing to oversee financial reporting and compliance [3] Group 2: Background of New CFO - Vipin Khullar previously served as CFO at Perseus Operating Group of Constellation Software Inc., where he focused on acquisitions and financial discipline [2] - He holds a Bachelor of Commerce in Accounting from Toronto Metropolitan University and is a Chartered Professional Accountant [4] Group 3: Company Overview - CMG is a global software and consulting company that addresses complex challenges in the new energy industry through a combination of science and technology [5]
Liberty Gold Announces the Retirement of Cal Everett, CEO & Director and the Appointment of Dr. Jon Gilligan as new President and Chief Executive
Globenewswire· 2025-04-28 10:00
Core Viewpoint - Liberty Gold Corp. announces the retirement of CEO Cal Everett and the appointment of Dr. Jon Gilligan as the new President and CEO, effective June 12, 2025, while Everett transitions to a non-executive director role at the newly formed Specialty American Metals Inc. [1][5] Company Leadership Transition - Cal Everett will retire after over eight years of service, transitioning to Specialty American Metals Inc. as a non-executive director [1][2] - Dr. Jon Gilligan, with over 35 years of mining industry experience, will take over as President and CEO of Liberty Gold [5][6] - The Board expresses gratitude for Everett's contributions and leadership during his tenure [4] Future Focus and Strategy - Liberty Gold will concentrate on permitting and developing its flagship oxide gold asset at Black Pine while Everett will support the creation of Specialty American Metals Inc., which will hold the Goldstrike/Antimony Ridge project [2][3] - The new company aims to explore and develop critical metals in the U.S. [2] - The Board is confident in Dr. Gilligan's leadership to advance exploration and development programs at Black Pine, targeting a mine construction decision by late 2027 [6] Company Background - Liberty Gold is focused on exploring and developing open-pit oxide deposits in the Great Basin, a prolific gold-producing region [8] - The Black Pine Project in southeastern Idaho is highlighted as a past-producing gold system with significant resource potential [9]