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Leadership
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- Mar 02, 2018
The British utility and owner of British Gas, Centrica, has confirmed changes to its cuts. The firm has expanded its total cost savings target to £500mn (US$693.7mn), which it aims to cut by 2020. The company has also announced that it plans to cut 4,000 jobs in the same period. In 2018 alone, the firm aims to reduce spending of £200mn ($277.5mn) and to lose 1,000 ...
Total, the world's fourth largest energy company, and leading automotive firm Aston Martin have announced the renewal of their global partnership until 2019. "We’re very pleased to renew our partnership with Aston Martin," said Mathieu Soulas, Vice President Total Lubrifiants. "Today, we continue to put our expertise and R&D know-how to work to supply lub...
Lloyds Bank and its subsidiary, Scottish Widows, have cut a contract with Standard Life Aberdeen worth £109bn (US$153bn). The investment firm’s shares have significantly dropped by as much as 9% since the announcement of losing its biggest client. Lloyds Bank reportedly made the decision to drop the asset management agreement due to competition issues. “We ar...
SES, the multi-billion Euro mobile network operator, has named Steve Collar as its new President & CEO. Here we profile the company's new boss. When he takes over as Chief Executive Officer in April, Steve Collar will complete his ascension through SES's ranks. Collar first joined the company in April 2007 when he became a senior vice president for SES World Skies, a ...
Vodafone UK has appointed Scott Petty to the role of Chief Technology Officer, replacing Jorge Fernandes. But how has Petty's career readied him for the role? Scott Petty steps up to the key role of CTO at Vodafone UK after over four years as director of the group's technology strategy for Enterprise. In that position, Petty led on technology delivery and performance for ...
Tesco has moved to appoint Booker boss Charles Wilson as the new head of its UK & Ireland retail and wholesale operations. The appointment was largely expected following the confirmation of the £3.7bn merger between the two companies late last year, with Wilson widely-tipped as an eventual successor to Tesco Chief Executive Officer Dave Lewis. Tesco's retail and wholesa...
Provident Financial Group has appointed acting Chairman Malcolm Le May as its new Group Chief Executive Officer. The British lender, which normally sees annual revenues of over £1bn but which had a troubled 2017, has announced Le May as its replacement for Peter Cook, who resigned last August. Cook stepped down after the company lost £1.7bn of its value through ...
Richard Ingram has been appointed as the new Chief Executive Officer of Diploma, replacing Bruce Thompson. Ingram will take on the top job at the British industrial components producer in April after leaving engineering conglomerate Smiths Group, where he has been President of Smiths Detection. Previous to joining Smiths, Ingram worked in the aeronautical industry for a number of yea...
The World Economic Forum (WEF) has launched the first Global Centre for Cybersecurity in Geneva, Switzerland. Announced at this week's WEF in Davos, the centre will allow businesses to collaborate with governments, experts and law enforcement agencies to fight cybercrime. It will function as an organisation autonomous from the WEF and will become operational from March. See...
Steve Carson is to become Holland & Barrett's first Managing Director, with the specific remit to oversee the retailer's digital transformation. Carson will join the British company from Sainsbury's Argos, where he managed its own transformation and transition into a 'digital first' company while in his role as director of retail and customer operation. H...
Alex Baldock will take over as the Group Chief Executive Officer of Dixons Carphone, replacing Boots-bound Sebastian James. Baldock's departure from current employer Shop Direct was announced last October but his latest move was only confirmed on Monday in a Dixons Carphone statement, a few days after rumours surfaced. During his six years at the helm of Shop Direct, Baldock over...
Fiat Chrysler has appointed Arnaud Leclerc as the new Managing Director for its United Kingdom and Ireland division. Leclerc, 43, has considerable experience in the sector, joining Fiat Chrysler having most recently held the role of deputy director at General PSA Groupe UK. While at General PSA Groupe, he held a number of senior roles for its Citroen marque after learning ...
Amsterdam's innovative Schiphol international airport achieved the highest passenger number growth rate in Europe in 2017. The airport, the only hub on the continent to operate a six-runway system, grew its throughput by 7.7%, following on from a 9.1% increase in 2016. Base of major Dutch airline KLM, Schiphol saw 68.4mn passengers pass through its gates, putting it at ...
Francesco Starace, the CEO of Italian energy giant Enel, has been appointed to the European Commission's platform for the implementation of the UN Sustainable Development Goals (SDG). Starace will represent one of only two private sector members on the 30-strong panel, which will support and advise the European Commission on the delivery of the SDGs at EU level. With the platform...
Frank Krieger, VP of Governance, Risk and Compliance at iland , outlines a chief aspect of GDPR: the requirement of having the unambiguous consent of the data subject. To be a successful business in Europe in 2018, you will need to be able to demonstrate GDPR compliance. Numerous articles have already detailed what GDPR is, the ramifications of failing to comply with it, and ma...
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