The 5 Biggest Companies with LGBTQ+ CEOs

June 30, 2021
To celebrate Pride Month this year, we take a look at the five companies across the globe that share two similarities – big revenues and an LGBTQ+ CEO at the helm.
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L3Harris Names Chris Kubasik As New CEO

June 30, 2021
Chris Kubasik has been serving as vice-chair, president and chief operating officer of the combined company. Before the merger, Kubasik held the role of chairman, president, and CEO of L3. He has over thirty years of experience in the aerospace and defence industry. Kubasik will now take on the role of CEO of the Melbourne, […]
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Mark Zuckerberg Grows $5.1 Billion Richer As Judge Dismisses FTC’s Antitrust Case Against Facebook

June 29, 2021
Monday’s decision allowed the social media giant to cross the $1 trillion threshold in market value for the first time ever. The rising shares are a cause for celebration for shareholders and CEO Mark Zuckerberg alike. The 4.1% stock price increase has added $5.1 billion to Zuckerberg’s name.   However, the federal judge’s decision and the […]
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Marco Gobbetti To Step Down As Burberry CEO After 5 Years In The Role

June 28, 2021
After almost five years with the British luxury brand, Gobbetti will step down at the end of 2021. He has led the company since 2017, transforming Burberry’s brand and business throughout his time. By late 2017, Gobbetti had already laid out plans to make the company more upmarket. He brought in creative chief Riccardo Tisci, […]
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Pushing Procurement Centre-Stage

June 25, 2021
Alex Klein, COO and Co-Founder at Efficio Consulting, explores why now is the time to focus on procurement.  The coronavirus pandemic threw the spanner of all spanners into supply chains across the globe, effectively stopping them in their tracks. Amidst the fallout from border closures, lockdown restrictions, and budget cuts, businesses with a two-hand feel […]
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Musk Says Starlink Will Go Public When Cash Flow Stabilises

June 25, 2021
Musk said that it would be difficult to go public before the company’s cash flow has stabilised. However, in a tweet, he said that he would do his best  to “give long-term Tesla shareholders preference.” The billionaire’s tweet came in response to a Twitter user asking whether Musk had any thoughts on a Starlink IPO […]
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Warren Buffett Donates $4.1 Billion To Charity

June 24, 2021
In a statement released on June 23, the 90-year old billionaire said: “Society has a use for my money; I don't." Within the statement, he also announced he would be stepping down as a trustee of the Bill and Melinda Gates Foundation. This latest $4.1 billion donation takes Mr Buffett half of the way to […]
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Audi CEO Reveals Plans To Become An EV Brand Only

June 23, 2021
German automobile giant Audi has announced it will end the development of new internal combustion engine models by 2026, and will instead focus on full-electric drivetrains. Audi’s CEO, Markus Duesmann, made the announcement at a management meeting at the company’s Ingolstadt headquarters on Thursday. The transition will be gradual, with new diesel, gasoline, and hybrid […]
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SpaceX’s Starlink Could Provide Global Internet Coverage By September

June 22, 2021
On Tuesday, Starlink’s president Gwynne Shotwell said that by September, SpaceX will be able to beam down Starlink satellite broadband to the entire globe, with around 1,8000 satellites already deployed. By mid-2027, SpaceX hopes to have launched around 42,000 Starlink satellites into low-Earth orbit. However, president Shotwell has said that SpaceX will need to receive […]
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Founder Of ByteDance Donates $77 Million As Revenues From TikTok Surge

June 22, 2021
On Tuesday, Longyan’s city government education bureau said that Zhang Yiming, founder of multinational internet technology company ByteDance, will donate $77.35 million to the southeastern Chinese city for education. Zhang Yiming’s move is part of a wider trend by Chinese tech billionaires, who are keenly making donations, especially in education, amid a sudden and unprecedented […]
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Norwegian Promotes Geir Karlsen To CEO

June 21, 2021
Just a month on from Norwegian exiting bankruptcy protection, the company’s CEO, Jacob Schram, is stepping down after 18 months in the role. Current CFO, Geir Karlsen, is set to take his place. Karlsen has been with Norwegian as its CFO since April 2018. He temporarily took on the position of CEO when former Bjorn […]
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Porsche To Make New High-Performance Batteries In Joint Venture With Customcells

June 21, 2021
The German automobile giant has an 83.75% stake in the new venture, which has been named Cellforce. The Cellforce batteries will use silicon anodes, allowing them increased power density over conventional batteries. Regenerative braking will also fuel the batteries, they will be able to withstand high temperatures, and they will be capable of rapid charging. […]
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