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...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....
...In response to Glass Lewis, Abrdn said: “Jason provides significant experience as a CFO who has spent several years working in large public companies....
...He added that in a worst-case scenario, the company could split off Mead Johnson “to create a firewall between the legal risk there and the rest of the company.”...
...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....
...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....
...Lewis pleaded guilty to fraud charges in January, following an investigation in which he was found to have passed on stock tips to friends, private pilots and a girlfriend....
...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...
...industry”, Judge Lewis Kaplan said....
...Retail and a former John Lewis employee....
...The sentence handed down on Thursday by Judge Lewis Kaplan in Manhattan federal court caps the swift and dramatic downfall of a figure who was once one of the most prominent faces in the crypto industry....
...In a fiery letter to Judge Lewis Kaplan, who is due to pass sentence next week, John Ray said Bankman-Fried had run FTX “with hubris, arrogance, and a complete lack of respect for the basic norms of the...
...The 32-year-old, who was found guilty on seven counts of fraud and money laundering last year, knew his actions were wrong, and “knew it was criminal”, Judge Lewis Kaplan said at Thursday’s hearing in Manhattan...
...joe.miller@ft.com...
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
..., winning a criminal conviction against the real estate companies in 2022....
...Additional reporting by Raphael Minder in Warsaw and Richard Milne in Oslo...
...A man who works as a bookseller at the Drama Book Shop, and previously worked at Shakespeare and Company, was particularly vocal about his ability to remain impartial....
...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....
...Judge Lewis Kaplan’s evaluation will be a critical factor in determining whether the 32-year old Bankman-Fried spends a mere handful of years in prison, as his lawyers have suggested, or up to five decades...
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
...Joe Miller(Laughter) Hey, I shop there too. And the reason I’m short on Trader Joe’s is not because they charged me $2.29 for a cucumber the other day....
...“The exorbitant and punitive amount of the judgment . . . would make it impossible to secure and post a complete bond,” they wrote, adding: “In the absence of a stay . . . properties would likely need to...
...That was Leo Lewis and Kana Inagaki here in the Tokyo bureau of the FT, joining me for this discussion of Japan....
...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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