The Wirth Companies

April 3, 2024

News in-depthWar in Ukraine

Western business, the Kremlin and the war

This collection of articles explores the fallout of the war in Ukraine on Western companies operating in Russia

April 16, 2024

FT Live

Transforming the Finance Function with AI

Strategies for delivering advanced analytics, automation and decision-making

Fund management

Martin Gilbert faces investor revolt over governance concerns

...However, the company said earlier on Tuesday that McKellar, who joined at the same time as Gilbert, would retire as deputy chair and executive director at the end of the month....

April 17, 2024

The Weekend Essay

Hauser & Wirth: the Swiss gallery that went global

...As in publishing and other industries, the early nurturing of talent is often left to smaller firms, with big companies waiting for winners to emerge....

March 2, 2024

Travel & leisure industry

London’s Groucho Club chooses Yorkshire manor for first outpost

...Artfarm — a hospitality company founded by Iwan and Manuela Wirth, the couple behind the Hauser & Wirth gallery — bought the Groucho in 2022 for £40mn, promising to reinvigorate it and possibly expand overseas...

March 14, 2024

InterviewThe CEO

Chevron’s Mike Wirth: ‘We are not selling a product that is evil’

...Speaking in the weeks before Chevron agreed to buy US oil and gas producer Hess Corporation in a $53bn deal, Wirth said his company would seek to engage with critics “to be part of the solution”....

October 23, 2023

FT Live

TNW Conference 2024 - The Next Web

Europe’s leading tech event for corporates, startups, investors and governments

News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76

Exxon chief earns four times as much as bosses at Shell and BP

...That was $1mn more than the previous year. His remuneration compares with the $26.5mn paid to Mike Wirth, boss of rival US supermajor Chevron, which was a $3mn increase on the previous year....

April 11, 2024

Paris+ par Art Basel 2023

Hauser & Wirth’s new gallery boosts Paris’s art-world standing

...exclaims Hauser & Wirth’s president Marc Payot, speaking about the company’s new gallery in the capital, which opens to the public on October 14....

October 13, 2023

Art Basel Hong Kong 2024

Rebooted Art Basel Hong Kong back to full strength

...Meanwhile, talk of the town is Hauser & Wirth’s new 10,000 sq ft, street-level and first-floor gallery in Central, which opens its second show (new work by Glenn Ligon) during the fair....

March 23, 2024

News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder

Chevron boss hits back at Exxon in escalating Guyana clash

...“We tried to help them address the issues they had raised,” Mike Wirth told the CERAWeek energy conference in Houston....

March 19, 2024

News in-depthOil & Gas industry

Chevron loses shine with investors after bumpy year

...Chief executive Mike Wirth lauded “an outstanding year” as the second most valuable US oil company reported its best-ever annual profit haul of $36bn, allowing it to shower enormous returns on shareholders...

February 1, 2024

InterviewExxonMobil

Exxon chief says Guyana clash will not hurt relationship with Chevron

...Woods said he had no plans to meet his Chevron counterpart, Mike Wirth, who will address the conference on Tuesday....

March 18, 2024

ExxonMobil

Exxon chief earns four times as much as bosses at Shell and BP

...That was $1mn more than the previous year. His remuneration compares with the $26.5mn paid to Mike Wirth, boss of rival US supermajor Chevron, which was a $3mn increase on the previous year....

April 11, 2024

Gillian Tett

Companies must rethink how they handle cyber risk

...for the company)....

April 18, 2024

Inside BusinessRichard Waters

Question of pay-off from AI hangs over Big Tech earnings

...That question will hang over the tech sector next week as some of the biggest companies report their latest quarterly earnings....

April 18, 2024

FT Live

Infrastructure Investment in Latin America and the Caribbean

Identifying opportunities for investors and asset managers

HTSI

Mark Bradford’s art of glass

...of a tote bag ($35,000), which Hauser & Wirth will launch this month....

April 4, 2024

Markets InsightSharon Bell

European companies can close the valuation gap

...The shareholder rosters of the biggest European companies show they are largely held by international investors....

April 10, 2024

Chevron Corp

Chevron waives retirement age for chief and reports strong oil earnings

...The decision to extend Wirth’s tenure comes after the company made record profits of more than $35bn in 2022....

July 24, 2023

Americas companies

FT ranking: The Americas’ Fastest-Growing Companies 2024

...The least represented sector was aerospace and defence, with just two companies. The vast majority of the companies included were, as before, from the US — 387 of the 500....

April 4, 2024

LexHelen Thomas

The Lex Newsletter: Welcome back Premium

...Lex last week laid out the end game for the troubled company, after its nine shareholders said they were ready to write off £5bn and weren’t willing to inject new equity into the company....

April 3, 2024

Artificial intelligence

The rise of the chief AI officer

...As boards grapple with the opportunity and risk of generative artificial intelligence, companies are leaning into a new role: the chief AI officer....

April 14, 2024

Trade Secrets

Biden tries a White House reset on climate and trade Premium

...leaves British companies with a tonne of paperwork to submit....

April 22, 2024

FT Magazine

How did customer service get so bad?

...So who are the worst offenders? According to the ICS, it’s the energy companies. This tallies with separate data from Which?...

April 18, 2024

Due Diligence

Elon Musk gets squeezed in Delaware Premium

...Chevron face sceptics after its Hess mega-deal Things were going so well for Chevron last July that the company’s board waived its mandatory retirement age of 65 for CEO Mike Wirth, citing the “extraordinary...

February 2, 2024

Inside BusinessSujeet Indap

Delaware, Inc agonises about Musk backlash as its lawyers seek changes

...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....

April 23, 2024

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