City Moves for 12 february – Who’s switching jobs at Matches Fashion, Bishop & Sewell and Bloomberg? February 12, 2020 Today’s City Moves includes Matches Fashion, Bishop & Sewell and Bloomberg Matches Fashion Matches Fashion has announced that Ajay Kavan will be appointed as the company’s new chief executive officer, effective 19 March. Ajay joins Matches from Amazon where he was a vice president for nine years and currently serves as vice president of international [...]
Under the pump: the challenges facing BP’s new boss in the 2020s February 12, 2020 When Bob Dudley bowed out after a decade at the helm of BP last week, the praise was both effusive and universal. During his tenure, Dudley managed to plot a course between the Scylla and Charybdis of 2010’s Deepwater Horizon disaster and the mid-decade collapse of the oil market while maintaining BP’s position as the [...]
Lando Norris reveals the anxiety of his debut F1 season and what he is targeting in 2020 February 11, 2020 As a new season approaches, Formula One’s youngest driver is ready to come of age in his second campaign. Lando Norris enjoyed a relatively successful debut season in 2019, finishing 11th in the driver’s standings as McLaren came fourth in the constructors’ championship. But the 20-year-old Briton did not always believe his first foray into [...]
Curve opens US office as embattled startup heads across the Atlantic February 10, 2020 London fintech startup Curve has today revealed its first US office, as it opens up shop in Brooklyn, New York as a base for its Stateside operations. The move follows a spate of negative reports about the card management firm, including allegations of misrepresenting user data and editing its own Wikipedia page to hide controversies. [...]
The value of trust in an age of fake news February 10, 2020 Ipsos MORI may be best known for its political polls during the run up to a General Election, but that is only a tiny part of its business. Far more of its time and resources are devoted to conducting market research for a wide range of major organisations. It is an industry where trust is [...]
BBC calls for ‘demonstrable resilience’ as it launches search for new boss February 10, 2020 The BBC has fired the starting pistol on its search for a new director general, calling for applicants with “demonstrable resilience” as it tries to head off fierce political pressure. The broadcaster today published a job advert for its top position after current director general Tony Hall announced plans to step down in the summer. [...]
The government must recognise that the BBC is invaluable to ‘Brand Britain’ February 10, 2020 Perhaps it was always inevitable that an organisation defined by its impartiality would be surrounded by politics. The BBC’s licence fee is in the news once again as the government looks to culture secretary Nicky Morgan to review how the corporation should be funded once the current charter ends in 2027. At the heart of [...]
Joe Media loss deepens as parent company starts layoffs February 9, 2020 Digital publisher Joe Media has posted a widening loss in its latest full-year accounts, weeks after its parent company announced job cuts in a bid to turn around its ailing finances. The news site, which also runs the popular House of Rugby podcast, reported a loss of £1.7m in 2018, compared to a £1.6m loss [...]
The changing face of sports governing bodies: why investment talk misses the real evolution February 9, 2020 Since private equity company CVC paid £200m for 27 per cent of Premiership Rugby just over a year ago, new money entering sport has gathered pace. While talk of this trend has focussed on the size and value of such investments, it has missed the most interesting aspect of what is happening: that the world [...]
Tidjane Thiam’s resignation signifies perfect PR storm for Credit Suisse February 7, 2020 The shock resignation of Tidjane Thiam is a leadership clusterbuster. Over the last three years, Credit Suisse have had numerous opportunities to move on from the embarrassing series of revelations that have dogged their leadership. The resignation of their CEO will do very little to dispel the image of a toxic culture at the top. [...]