Tuesday, February 20, 2018
Movers and Shakers

Movers and Shakers

German Prosecutors Investigate Former Volkswagen CEO

Volkswagen’s former CEO Martin Winterkorn and an unnamed executive are being investigated over suspicions of market manipulation. The state prosecutor’s office in Braunschweig is looking into Volkswagen’s delay in informing investors about the emissions...

Suzuki CEO Steps Down Following Investigation

The Chairman and Chief Executive of Suzuki Motor Corp Osamu Suzuki, will step down as CEO, over the controversy surrounding its mileage testing scandal. In the wake of the investigations, Executive Vice President Osamu...

De Beers Appoints New CEO

In the midst of toughening conditions in the diamond market, De Beers has appointed Bruce Cleaver to take over as CEO, following the resignation of Philippe Mellier. Philippe Mellier was the head of the...

Xerox Appoints New CEO of Service Business Unit

Xerox Corp. in preparation for its IPO of its service business later in the year, has appointed Ashok Vemuri as the chief executive officer. The business process outsourcing company will deal with HR, customer...

César Alierta Steps Down as Telefonica CEO

The Chief Executive and Chairman of the Spanish telecommunications company Telefonica, César Alierta, resigned after 16 years in charge. He proposed Chief Operating Officer José María Álvarez-Pallete as his replacement, a suggestion the board...

Kasper Rorsted: the billion-dollar CEO

When Adidas AG announced that Kasper Rorsted would be taking over as its Chief Executive Officer in October, its shares jumped a whopping $1billion. On the other side of the equation, his current employers...

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