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Leadership
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Technology
Marketing
Top 10
May 2019
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December 2018
The professional services firm, Capita plc, has appointed Patrick Butcher as its new Chief Financial Officer. Butcher will replace Nick Greatorex on 30 September, who has held the position from March 2015. The new CFO has more than 19 years of experience working as a finance director, having spent six years as Group Finance Director at Network Rail. Butcher has also worked for...
The German automobile firm, Daimler, has entered discussions with the German automaker, Volkswagen, to acquire a stake in the used-car portal Heycar. The firms are reportedly in advanced talks over the stake acquisition in the firm which Volkswagen launched in 2017, Handelsblatt reported. SEE ALSO: Daimler and Baidu sign MoU to expand automated driving partnership ...
The UK retail company, Debenhams, has announced the appointment of a new Chief Financial Officer. Rachel Osborne will join the company on 17 September, replacing Matt Smith, who announced in April his plans to join retail rival Selfridges under the same role. Smith will leave Debenhams at the end of this month after working as the CFO at the firm for three years. Prior to her ...
The British luxury online marketplace, Farfetch, has confirmed that it has filed for an IPO and plans to list on the New York Stock Exchange under the ticker FTCH. The IPO comes shortly after the luxury platform recorded a revenue spike. In the 2017 fiscal year, the London-based retailer generated revenue of $385mn, a 59% jump compared to the previous year. SEE ALSO: ...
The US-based e-commerce giant, Amazon, has expressed interest in launching a UK insurance comparison site. The firm has been in discussions with several European insurance companies to seek contributions to the site, Reuters reported. Three executives from the industry spoke to Reuters regarding the topic, with one claiming there were no imminent plans for a launch. “As ...
The Economist Intelligence Unit (EIU) has named Vienna the most liveable city in the world. The city has claimed the title for the first time, with Melbourne taking the top spot for a record seven consecutive years. This year’s survey also marks the first time a European city has been placed first on the list, with the highest positions often dominated by cities from Australi...
The US-based ticket distribution site, Ticketmaster, has announced it will be closing its UK subsidiaries. The firm will be shutting down its Seatwave and GetMeIn sites, which allow customers to sell unwanted tickets. The company has made the announcement in a bid to tackle touts, and will be replacing the subsidiaries with sites that will allow customers to sell tickets at face va...
For this 2018 list of top European CEOs, we focus on the leaders at the helm of the biggest revenue-producing companies on the continent. 10. Jean-Laurent Bonnafé - BNP Paribas With a reported revenue of $109bn for 2017, this international banking company generated a 14.7% increase in profit over the previous year, even though revenue decreased by more than two percent. Je...
Stockholm's role as the tech centre of Scandinavia may be surprising, but what's really astonishing is everything this Swedish city has to offer. Located at the point where Lake Mälaren enters the Baltic Sea, Sweden's capital boasts the highest urban population in the Nordic countries at 2.3mn in the greater metropolitan area. Accounting for a third of the country&...
The Swedish retail giant, IKEA, has entered the Indian market by opening its first store in the country. The shop, which opened on 9 August, is located in Hyderabad, the capital city of the Telangana state in southern India. The firm plans to open 25 outlets in the country by 2025, announcing it will be investing at least $1.5bn in the nation. The 400,000sqft store, which is h...
The Switzerland-headquartered mining firm, Glencore, has revealed its half year results, announcing its 23% increase in earnings. The company’s earning before interest, taxes, depreciation, and amortization rose to US$8.27bn in the review period from $6.74bn in 2017. Glencore’s net income hit $2.78bn in the six months ending June, a 13% rise from the previous year&rsquo...
We kick things off in our August issue with a procurement success story. By travelling over to Germany to meet Innogy’s CPO Dr. Ulrich Piepel, we were able to uncover the progressive strategy implemented by the renewable energy giant. In our feature-length article and exclusive video, Piepel explains how procurement has become a core function through the introduction of new techno...
High Speed Two (HS2), the high-speed railway project to connect cities in the UK, has appointed Amey a construction power supply contract. The UK-based infrastructure support firm will be responsible for supplying the construction of the railway project with power. The contract was granted by the Align JV – featuring Bouygues, Sir Robert McAlpine and VolkerFitzpatrick. ...
The Indian ride-hailing firm, Ola, has announced plans to launch operations in the UK by the end of 2018. Ola will be entering the European market for the first time in South Wales in September followed by Greater Manchester. The firm is in discussions with local authority in order to acquire licences to enter London and other locations across the country. The company has expa...
The French retail giant, Carrefour, and the British supermarket company, Tesco, have confirmed their purchasing alliance is expected to be operational by October this year. The firms announced their strategic partnership, which they have now formally entered, in July. Under the companies’ agreement, the purchasing alliance will continue for three years. The alliance aims to a...
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