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...Among the potential internal candidates to replace Harrison are chief financial officer Richard Oldfield, who joined from PwC in October; the firm’s global chief investment officer, Johanna Kyrklund; Georg...
...“Retail is continuing to perform even as we have lower incentives than average out there,” said chief financial officer Paul Jacobson....
...It is one of several positions to have increased in demand: chief revenue and chief growth officers have also grown popular in recent years. But not all senior roles stick around....
...PepsiCo’s chief financial officer said the global “consumer picture” was strong despite soft sales in the US, as strong wage growth and low unemployment kept the snacks and beverage seller optimistic....
...Spotify reported net income of €197mn on €3.6bn in revenue in the three months to the end of March. In the same period a year ago, it lost €225mn on €3bn in revenue....
...Jean-Benoit Berty, a former senior partner at EY, was appointed chief operating officer and several managers stepped down from the board following an “effectiveness review” that recommended “a more traditional...
...Newmont appointed Francois Hardy as chief technology officer of the gold producer, succeeding interim CTO Dean Gehring....
...Alongside all this seemingly positive news, chief strategy officer Nicole Eagan decided to sell £3.9mn of shares across two transactions on March 15 and 19....
...Dr Martens said Ije Nwokorie, currently chief brand officer, would replace Wilson, who has spent six years in the top job....
...“Near-term AI demand is a bit higher than our available capacity,” said chief financial officer Amy Hood, which would affect the computing power available to customers seeking to deploy generative AI systems...
...Research shows that CEOs promoted from the CFO job do not drive top-line revenue growth as quickly as those from other backgrounds, particularly in the first few years....
...If patients live longer, “it’s good for business”, says David Altshuler, Vertex’s chief scientific officer....
...Alphabet’s capital expenditure rose to $12bn — more than the $10bn forecast — and chief financial officer Ruth Porat said the company would spend at least that amount per quarter for the rest of the year...
...In the six months to January, it made just $4mn in revenue, and only $1mn in underlying revenue when the licence payments from Samsung are taken out....
...Revenues rose by 12.2 per cent to £3.15bn, thanks in part to rising passenger volumes, but Mobico said higher wage costs and lower profitability in Germany had weighed on its earnings....
...posted a net loss of $11.9bn in the first quarter following a spree of acquisitions, including the $14bn takeover of schizophrenia drugmaker Karuna Therapeutics, at the end of last year to plug a gap in revenues...
...With less capacity, Southwest now projects 2024 operating revenue will grow by less than 10 per cent compared with last year. Previously it had forecast double-digit growth....
...However, the lender’s private and corporate banks both suffered falling revenues....
...Hakluyt, the corporate consultancy founded by ex-MI6 intelligence officers, is appointing former UK Conservative party leader Lord William Hague as chair of its international advisory board....
...Quarterly revenues dropped to £4.2bn, just below market expectations of £4.3bn....
...Last year Vitol reported $400bn in revenues, while Trafigura posted $244bn in revenues and a record $7.4bn in profit....
...Dr Martens said Ije Nwokorie, its chief brand officer, would replace Wilson, who has spent six years in the top job....
...Jacobs, a former Ryanair chief marketing officer who took over as DAA chief executive last year, said airlines want to expand in Dublin because they “make an absolute killing” thanks to regulated passenger...
...Mike Longo will continue as chief executive and president of Hibbett, while Jared Briskin will take on the role of chief operating officer at the US company....
...Chief financial officer Jason Child said Arm had experienced strong growth in China, with its division in the country now accounting for 25 per cent of total revenue, up from 20 per cent for the third quarter...
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