CEO News

Once an enormously successful fintech start-up, Wirecard has plunged into crisis following the loss of €1.9 billion from balance sheets due to suspected fraud.

Months before Siemens Gamesa’s merger into a new Siemens spin-off, CEO Markus Tacke and the board of directors have “mutually agreed to terminate” Tacke’s contract.

The oil giant has closed a deal to purchase a 70% stake in Sabic and allowed itself a greater window of time to finish paying.

To the surprise of many, Huawei overtook Samsung as the world’s largest smartphone manufacturer in April, with a 2% greater market share.

Following Nikola’s first week as a publicly traded company, new CEO Mark Russell’s owned stock was catapulted to $1.3 billion.

The Apple CEO’s new programme will both promote racial equality within the company and assist external non-profit ventures.

Greg Glassman acknowledged having “created a rift” in the fitness community with his remarks on the death of George Floyd.

Herbert Diess was removed from his position after clashing with key stakeholders and directors, for which he has now apologised.

Following CrossFit chief executive Greg Glassman’s tweet invoking the memory of George Floyd, numerous brands have cut ties with the CrossFit games.

The luxury carmaker will cut the jobs of almost a quarter of its workforce amid an auto industry slowdown.