Should a business be like your family? The boss of B&Q thinks so November 5, 2024 A business should be more like a family in order to attract employees with the right moral and cultural judgements, the boss of B&Q has said.
Mike Ashley defeated: What’s next for Boohoo and will Frasers billionaire seek revenge? November 1, 2024 Retail tycoon Mike Ashley has experienced a rare taste of defeat after fast-fashion giant Boohoo resisted his attempt to become its new chief executive by tapping the boss of Debenhams. Dan Finley is to step into the role which is being vacated by John Lyttle whose departure was announced last month. Mike Ashley’s Frasers Group [...]
Professional services chiefs fear Gen Z workplace demands are a key ‘threat’ October 16, 2024 Managing a Gen Z workforce is a leading worry for professional service CEOs, as it was revealed they lack the confidence in handling the younger employees.
Travelex to be put up for sale after post-pandemic rebirth October 10, 2024 The chief executive made the comments about Travelex's sale plans in the latest episode of City A.M.'s Boardroom Uncovered interview series.
Cyber incidents are the Achilles heel for major UK CEOs, report finds October 1, 2024 Most UK CEOs experienced some sort of crisis that has hindered businesses, as cyber security incidents and social issues are becoming a headache
Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus September 26, 2024 Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Schroders set to promote CFO Richard Oldfield to CEO September 5, 2024 Schroders is set to promote its chief financial officer Richard Oldfield to CEO after Peter Harrison announced in April that he would be retiring. Oldfield, who joined Schroders last year from PwC, will be promoted to the top role next year, according to reports in the FT. Oldfield worked as PwC for over 20 years, [...]
Beeks: Cloud firm ‘delighted’ with ‘record’ financial results July 22, 2024 Financial cloud computing firm Beeks hailed its delivery of another year of double digit growth thanks to its "strong" performance across its private and exchange cloud divisions.
Departure of FIA chief Robyn after just 18 months sparks concerns May 8, 2024 The departure of Natalie Robyn as chief executive of motorsport’s governing body the FIA after just 18 months has been described as a “shame” and “disappointing” by leading equality commentators in racing. Robyn became the first ever chief executive of the Federation Internationale de l’Automobile in November 2022, a move trumpeted by president Mohammed Ben [...]