CEO

In an unprecedented move, Starbucks has secured Brian Niccol, the former CEO of Chipotle Mexican Grill, as its new chief executive, with a compensation package that could reach an astonishing $113 million. This figure is significantly larger than that of his predecessor, Laxman Narasimhan, who was replaced after just 17 months in the role. Niccol’s

Gautam Adani, the billionaire founder of the Adani Group, is once again confronting significant challenges as his business empire faces new scrutiny. This week, a fresh wave of allegations from activist short-seller Hindenburg Research triggered a sharp decline in the stock prices of Adani Group companies, erasing approximately $2.4 billion from their market value. The

Nadine Ahn, the former Chief Financial Officer of the Royal Bank of Canada (RBC), has initiated legal proceedings against the bank, claiming she was wrongfully terminated due to a personal relationship with a colleague. Ahn, who was considered a strong contender to become RBC’s first female CEO, contends that her dismissal was unjust. Ahn, who

PwC is significantly enhancing its AI capabilities with a $11.5 million investment over the next 12 months to establish a new AI Centre of Excellence. This initiative aims to assist Australian businesses in navigating the complexities of AI technology while also strengthening their global competitiveness. PwC announced that this multi-million dollar investment would lead to

The salaries of CEOs at the UK’s largest companies have reached unprecedented levels, with some earning as much as 120 times the average full-time worker’s wage. According to a report by the High Pay Centre, the median pay for Chief Executives of FTSE 100 companies increased to $5.35 million in 2023, up from $5.23 million

Change is the only constant in life, both in and out of the workplace we will all face changing situations and people. Some changes are forced, and others are by our own doing. Many people resist change, while others embrace it. It all comes down to how we are wired and the reference and experience

Mark Arian, CEO of Korn Ferry Consulting, reported that 71% of U.S. CEOs experience “imposter syndrome.” This statistic is based on a recent Korn Ferry survey of 10,000 global employees, which is part of the “Workforce 2024 Global Insights Report.” The survey indicates that feelings of doubt at work are prevalent among employees at all

Executive pay has become a contentious issue, largely due to the increasing disparity between the salaries of CEOs and average workers. Proponents of high CEO compensation argue that their leadership skills generate significant returns for investors, thus justifying their substantial paychecks. However, critics highlight that stock market returns have not kept pace with the rapid

Former Rockwell Collins Chief Kelly Ortberg has emerged as a leading candidate for the position of Chief Executive Officer at Boeing, according to industry officials cited by The Air Current. Ortberg joins a shortlist that includes Spirit AeroSystems CEO Pat Shanahan and Boeing Chief Operating Officer Stephanie Pope. Shanahan, Pope, and Boeing Board Chair Steve

PDD Holdings, the online retail giant established by Colin Huang, China’s second-richest billionaire, is currently embroiled in a crisis following vendor protests in Guangzhou against perceived mistreatment on its global e-commerce platform, Temu. On Tuesday, the company’s shares fell by 3.5%, resulting in a $1.6 billion loss in Huang’s net worth, which now stands at

The upcoming Skift Global Forum, scheduled for September 17-19 in New York City, promises to be a pivotal event for the travel industry, particularly the hospitality sector. This year’s forum boasts an impressive lineup of speakers, including CEOs from Marriott International, Wyndham Hotels & Resorts, MGM Resorts International, and the founder of Newfoundland’s renowned Fogo

Rolls-Royce shares surged over 11% to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded its profit forecast following robust first-half results. By 9:20 am London time, shares were trading 9.4% higher. The British aerospace and defense giant reported an underlying profit of $1.4 billion for the first

The American Psychological Association’s (APA) 2024 Work in America survey, which gathered responses from various industries and job roles, revealed that 15% of respondents described their workplace as somewhat or very toxic. The survey also highlighted a significant disconnect between employers’ perceptions and the actual mental health conditions of their work environments. Nearly 59% of

Monday proved to be a harsh day for billionaires worldwide, as a massive market selloff wiped out a staggering $201.9 billion from the collective net worths of the world’s 2,713 billionaires in less than 24 hours. The turmoil began in Asia, where Japan’s Nikkei index plummeted by 12%—its worst trading day since the infamous ‘Black

In this guide, we will cover everything you need to know about the Dubai Freelance Visa, including its benefits, eligibility criteria, application process, and more. Overview of Dubai Freelance Visa The Dubai Freelance Visa is designed for individuals who wish to work independently without being tied to a specific employer. It provides the freedom to

Vulnerable moment, I am a recovering people-pleaser. Doing or saying something that made someone else not like me was one of the worst feelings I could possibly feel. Even if, deep down, I knew it had nothing to do with me, it would eat me up inside. That was until I learnt that if you

In a memo circulated on Wednesday, Chief Financial Officer Ruth Porat unveiled Google’s plans to restructure its finance organization, signaling a strategic shift towards prioritizing investments in artificial intelligence (AI). The restructuring, which encompasses layoffs and relocations, reflects the company’s commitment to adapting to the evolving landscape of the tech sector. Porat emphasized the significance

Scheduled to meet with Lawrence Wong, Singapore’s incoming Prime Minister, and his predecessor, Lee Hsien Loong, Cook’s visit to Singapore marks the finale of an extensive tour across the region. Throughout his journey from Hanoi to Jakarta, Cook has emphasized Southeast Asia’s significance as a burgeoning market and an emerging manufacturing stronghold. Amid sluggish demand