CEO News

JPMorgan Posts Near-Record Profits Despite COVID-19 Impact

October 14, 2020
America’s largest bank announced a Q3 profit far in excess of analysts’ expectations.
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Virgin Australia Union Ends Talks Amid Reports of CEO’s Departure

October 14, 2020
The Transport Workers Union has expressed worry that new owners Bain Capital will cut more jobs and ignore old promises.
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Bezos Regains $200 Billion Net Worth as Prime Day Arrives

October 13, 2020
A 4.75% rise in Amazon’s value boosted the net worth of the world’s richest man by an additional $8.5 billion.
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IBM Plans to Split Its Business in Two

October 12, 2020
The long-lived technology giant will divest of its legacy IT systems to refocus on cloud computing and artificial intelligence.
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British Airways Replaces CEO Amid Industry’s “Worst Crisis”

October 12, 2020
In the grip of a costly restructuring, the UK’s flag carrier airline has decided to replace its CEO with immediate effect.
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Microsoft to Allow 150,000 Employees to Work From Home

October 9, 2020
New guidelines will allow employees to work remotely even after COVID-19 restrictions are lifted.
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World Trade Organisation to Appoint First Female Head

October 8, 2020
The WTO’s final two candidates for leadership are Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.
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EasyJet Poised to Make First Annual Loss in Its History

October 8, 2020
The airline, which has operated for 25 years, approaches a definitive loss for 2020 as travel restrictions are tightened.
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World Billionaire Wealth Reaches Record $10 Trillion

October 7, 2020
The opportunities and stimulus measures resulting from the COVID-19 pandemic has drastically enriched the world’s wealthiest.
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Ikea Plans Physical Expansion Even as Customers Move Online

October 7, 2020
The furniture giant’s new CEO plans to open a record number of new stores, but with a different format from before.
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Co-Operative Bank CEO Resigns, Prompting Leadership Search

October 6, 2020
The departure of Andrew Bester after two years has sparked a search for the bank’s sixth chief executive in under a decade.
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Rolls-Royce’s Stock Dive Eases

October 5, 2020
Struck hard by the COVID-19 pandemic, Rolls-Royce’s bid to make up for losses in the first half of the year sent its stock into freefall.
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