Rolls-Royce boss ‘Turbo Tufan’ gets backing for £18m pay packet Markets The boss of Rolls-Royce looks to have secured the shareholder backing for a multi-million pound pay bump. Tufan Erginbilgic, who took charge of the firm at the start of 2023, is set to win approval for a £18m pay packet, which will see his annual bonus entitlement increase from two to three times his base [...]
Santander names new TSB boss ahead of takeover Banking Santander has named the new top boss of TSB Bank as the firm gears up for its blockbuster takeover of the high street unit. The Spanish-headquarted banking giant – which beat out its peers to snap up TSB for £2.6bn last July – appointed Nicola Bannister as the new chief executive of TSB. Bannister ascends [...]
UBS scouting for new top boss with Sergio Ermotti to exit next year Banking UBS Group is on the hunt for a new chief executive with the banking giant’s current top boss lined up for an exit next year. Sergio Ermotti, who has led the near-£112bn bank since he was rehired in 2023, is expected to depart in April 2027. The veteran financier had pledged to lead UBS “at [...]
Monzo shareholders plotting chair coup after top boss was ousted December 17, 2025 A group of Monzo shareholders are plotting a coup to oust the chair of the fintech following the shock exit of chief executive TS Anil. The investors, which include venture capital firms Accel and Iconiq, have strapped up with lawyers as they lobby to reinstate Anil, who is set to be replaced by ex-Google executive [...]
Hikma: FTSE 100 giant’s boss replaced by former chief after share price woes December 15, 2025 The boss of FTSE 100 giant Hikma Pharmaceuticals will be replaced by the firm’s former top chief after the group’s share price dropped by nearly a quarter this year. Riad Mishlawi has exited his role as chief executive at Hikma, with executive chairman Said Darwazah to step into the post with “immediate effect”. It ends [...]
HSBC on hunt for new Europe chief after top boss departs November 13, 2025 HSBC is on the new hunt for a new top boss at its continental Europe arm with its current chief set to depart at the end of the year. Europe’s largest lender said on Thursday that Andrew Wild would exit his role after nearly four years due to family reasons. Wild first joined the bank [...]
Virgin Atlantic CEO in the departure lounge as successor named October 13, 2025 The chief executive of Virgin Atlantic, which was founded by Sir Richard Branson, is to step down as his successor was named. Shai Weiss is to leave his position at Virgin Atlantic after seven years at the end of 2025. He will be succeeded by Corneel Koster. Koster re-joined Virgin Atlantic in 2019 as a [...]
Diageo: Debra Crew gets golden goodbye after being ousted as CEO August 14, 2025 The former chief executive of FTSE 100 giant Diageo is set to receive a bumper pay day after being ousted last month, it has been revealed. Debra Crew quit with immediate effect in July and was succeeded on an interim basis by the embattled drinks group’s finance boss Nik Jhangiani. Diageo, whose brands include Johnnie [...]
Travelex hires former William Hill CEO as new boss July 29, 2025 Foreign exchange company Travelex has hired a former chief executive of betting giant William Hill as its new boss. Philip Bowcock has been named to the role, effective immediately, and has succeeded Richard Wazacz who has served as CEO for the last three years. Bowcock led William Hill for over three years until September 2019, [...]
Halfords: Departing CEO gets golden goodbye July 29, 2025 The departing chief executive of Halfords saw his pay more than double as the company clocked a statutory £30m loss in the year before he stepped down. Graham Stapleton took home a pay packet of £1.5m for the firm’s latest financial year, up from the £650,440 he received in the prior 12 months. Stapleton had [...]