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executive changes

  • New HSBC boss continues leadership reshuffle with more executives to depart

    Banking

    HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the changes will help Europe’s biggest bank “better focus on the businesses where we have clear competitive advantage”. They are part of a sweeping restructuring of [...]

    Georges Elhedery said the changes at HSBC will help Europe's biggest bank "better focus on the businesses where we have clear competitive advantage".
  • Asda flies in Morrisons and M&S execs as turnaround plan gathers pace

    Business

    Asda has added two new members to its leadership team as it looks to bolster the firm amid a significant turnaround plan. Laura Lepley will join in December from Morrisons as vice president of central operations, while Mark Henry will join in January from M&S as vice president of retail in the south of England. [...]

    TDR Capital became the majority owner of Asda towards the end of 2024.
  • Puregym poaches Punch Pubs boss as new chief

    Business

    Puregym has poached the chief executive of Punch Pubs & Co as its new boss. Clive Chesser will succeed Humphrey Cobbold, who will become Puregym’s new chair. Chesser and Cobbold are expected to take on their new roles on 6 November. In a separate announcement, Punch Pubs & Co confirmed that its chief operating officer, [...]

    Clive Chesser!
  • BT taps Blackstone boss to lead communications team

    May 2, 2024

    British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.

  • Hostelworld bets on ex-Will Hill boss as chair amid strong trading

    May 2, 2024

    Hostelworld Group, a booking service for hostels around the world, has named its new chair and announced an earlier-than-planned repayment of a debt facility thanks to strong trading ahead of its Annual General Meeting (AGM).

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  • Greedy Fifa rinsing fans over World Cup tickets – even Americans are baulking

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