Executive Insider

Former Pfizer CEO Ian Read and ex-CFO Frank D’Amelio announced on Wednesday evening that they would be withdrawing from Starboard Value's activist campaign targeting the pharmaceutical giant. This decision comes just days after news of Starboard's stake in Pfizer emerged. In a joint statement issued through an investment bank, Read...

It’s no secret that artificial intelligence (AI) has been around for a while, with machine learning and neural networks propelling innovation for many years. However, recent advancements in large language models (LLMs) have enabled significant improvements in Generative AI that are continuing to change the way we do business -...

GoTyme, the digital banking arm of the Gokongwei Group of Companies, has been recognized as the top local bank for customer experience (CX) by leading global research and advisory firm Forrester. The bank, a collaboration between the Gokongwei Group and multi-country digital banking group Tyme, earned the highest scores in...

Capital has emerged as the leading risk facing the mining industry this year, overtaking last year's second-place position, as challenging financing and economic conditions make it harder to secure the metals needed for the energy transition, according to a new report by EY. Theo Yameogo, EY Americas and Canada Mining...

The International Air Transport Association (IATA) announced that 100 airline CEOs have now pledged their commitment to the IATA Safety Leadership Charter since its introduction at the 2023 IATA World Safety and Operations Conference. The most recent addition to this list, Aer Lingus CEO Lynne Embleton, was confirmed during the...

Boeing’s largest union urged the company’s newly appointed CEO, Kelly Ortberg, to play a more active role in resolving a labor dispute that has led to a strike involving approximately 33,000 workers on the U.S. West Coast. The request comes after Boeing cut healthcare benefits for the striking employees. Ortberg,...

The global economic outlook is showing signs of stabilization, yet vulnerabilities remain, according to the World Economic Forum’s September 2024 Chief Economists Outlook. The report notes that while inflation is easing and global trade remains resilient, high levels of public debt in both advanced and developing economies pose significant threats...

As more expatriates express concerns over being priced out of Dubai due to escalating rental costs, Sharjah, a city with a history spanning 7,000 years, is positioning itself as an attractive nearby alternative. Located just north of Dubai, Sharjah has begun to attract investors thanks to a law passed less...

Mira Murati, OpenAI’s Chief Technology Officer, has announced her decision to step down from the company. In a post shared on X, she explained her departure, stating that she wanted to make space for personal exploration while focusing on ensuring a smooth leadership transition. Murati’s exit comes alongside two other...

Wizz Air has faced significant opposition from its shareholders over plans to substantially increase CEO Jozsef Váradi’s compensation. The airline proposed a restricted share award for Váradi, equivalent to 300% of his rough $949,06 salary, sparking a backlash at its annual general meeting, where 34.42% of shareholders voted against the...