Hints and tips:
...Ermotti, who officially starts on Wednesday, is expected to have a say on which consultant is chosen, though the integration process is being led by chief information and digital officer Mike Dargan....
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...Chair Karen Simon, chief executive Mathios Rigas, co-founder and director Stathis Topouzoglou and chief financial officer Panos Benos all bought between 28,000 and 50,000 shares....
...Meanwhile, chair Richard Solomons has bought 22,900 shares for roughly £100,000 and Caroline Ingall-Tombs — a person closely associated with chief financial officer Stuart Ingall-Tombs — has bought 22,904...
...It was amid this dip that Drax chief commercial officer Paul Sheffield sold £441,000 worth of shares, at an average of 552p a share....
...The 2022 payments included long-term bonuses that took chief executive Mathios Rigas’s total pay packet to almost £6mn and chief financial officer Panos Benos’s to £4mn....
...This was the backdrop against which chief officer Melanie Dickinson sold just over £300,000 in shares, at an average price of 248p....
...One of these messages landed in the inbox of Matthew Westover, a federal officer from Nebraska....
...Ralph Hamers, the recently departed chief executive of UBS, was at one point considered a potential replacement for Davies, but is no longer in contention, the people said....
...officers,” said Anna Kull, a partner at Levy Konigsberg....
...Chief among these was the 2.9mn shares sold by Lloyds Banking Group interim chief operating officer David Oldfield at an average 52p a share, yielding £1.53mn....
...Alf Barrios, chief commercial officer, took advantage of this with a share sale worth £1.5mn on December 29. Rio did not respond to a request for comment about the sale....
...The task was handed to Mike Dargan, the bank’s chief digital and information officer, though other executives have been feeding into the process, said people with knowledge of the plans....
...During the trip, he listened in on a call with analysts in which Hamers and the chief financial officer broke out the details....
...Ermotti and Todd Tuckner, the recently installed UBS chief financial officer, are betting on a further boost in the coming months when they can provide more details about when the bank will revive a share...
...That was good timing for Biffa’s chief operating officer for resources and energy, Michael Davis, who sold 170,000 shares at 412p each, bringing in £700,400....
...“When we [have] experienced choppy markets in difficult environments . . . it does have the effect of slowing down decisions,” said St James’s chief financial officer Craig Gentle....
...Hamers has set about reshaping his executive team over the past two years, bringing in a new chief financial officer, a new head of the Americas and giving more power to the head of wealth management, Iqbal...
...The bank also recruited Hassan as overall president of the Americas business from the Federal Reserve Bank of New York, where she was first vice-president and chief operating officer....
...His CV includes acting as chief financial officer and co-head of corporate strategy during the worst of the last financial crisis....
...As chief financial officer, Kelleher was responsible for taking decisions that were unpopular at the time to make sure there was enough liquidity within the bank to avoid the fate of rival Lehman Brothers...
...The energy services and engineering group is looking to upcoming divestment to clear its debt pile, writes Alex Hamer....
...Hamers ought to act fast....
...Hamers also thanked Naratil for his “significant contributions” over the past four decades....
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