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...In response to Glass Lewis, Abrdn said: “Jason provides significant experience as a CFO who has spent several years working in large public companies....
...The company acquired Rize ETF, but sold the lossmaking business last year to Cathie Wood’s Ark Invest. Other acquisitions include River and Mercantile Group and SVM Asset Management....
...CD&R said Lewis, who spent almost three decades at consumer goods group Unilever, will help source and execute deals as well as support its portfolio of companies across Europe....
...A former John Lewis executive said: “Is he an executive or non-executive chair and what does that mean for Nish? That is the question he and the board need to answer....
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
...Retail and a former John Lewis employee....
...China’s overbuilt and faltering property sector does not help sentiment....
...One of the more immediate ones may be to force a debate on the desirability of corporate Japan still owning — and often concealing — the treasures it amassed in the 1980s. leo.lewis@ft.com...
...That was Leo Lewis and Kana Inagaki here in the Tokyo bureau of the FT, joining me for this discussion of Japan....
...Copper enables hedge funds, asset managers and other institutions to securely hold and trade digital assets on exchanges....
...Glass Lewis said: “The company has notched its second consecutive year with a significant disconnect between pay and performance, driven, at least in part, by compensation levels exceeding the median of...
...In December, the company raised additional funding of £260mn through a sale and leaseback of 11 Waitrose shops and a new loan to shore up its balance sheet....
...Lewis is also the founder of Tavistock Group, which owns assets ranging from investments in more than 200 companies to real estate, agriculture and artworks by Pablo Picasso, Henri Matisse and Lucian Freud...
...Today is Friday, March 29th, and this is your FT News Briefing. [MUSIC PLAYING] FTX founder Sam Bankman-Fried got a big prison sentence. And British utility company Thames Water is in turmoil....
...As part of the deal, Petershill will buy both a 20 per cent stake in Kennedy Lewis’ management company, and part of the business that collects incentive fees from its funds....
...Peltz is best known for his activist campaigns at consumer goods companies such as Procter & Gamble, Wendy’s and Unilever....
...subject to the shareholder scrutiny that goes with being a listed company....
...Hammond joined Copper’s board last year after it closed a fundraising round valuing the company at $2bn....
...leo.lewis@ft.com...
...Lewis also flagged inconsistencies in what students across the country learn....
...But for some years now JR Central, the company that operates the existing shinkansen line between Tokyo and Osaka, has been looking to best itself with a ¥9tn ($60bn), 500km/h magnetically levitating train...
...Companies became quite conservative and cautious....
...A Japanese company with more than two centuries of history in ceramic art and fine porcelain tableware has emerged as a surprise beneficiary of the rise of generative AI, electric vehicles and the technology...
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