KK Group, a China-based trend retailer catering to younger consumers, achieved remarkable growth in 2024 by expanding its footprint across Southeast Asia. Through its lifestyle brand KKV and makeup brand The Colorist, the group successfully entered four Southeast Asian countries, bringing its total number of stores to over 1,000 across more than 200 cities in […]

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Delivery Hero SE, a global leader in local delivery platforms, has announced the appointment of Bum Seok Austin Kim as CEO of Woowa Brothers, its Korean subsidiary operating the online delivery platform Baedal Minjok (Baemin). The appointment, effective immediately, was made by Woowa’s Board of Directors. Kim succeeds Pieter-Jan Vandepitte, Delivery Hero’s Chief Operating Officer, […]

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As the new year unfolds, the US dollar has emerged as a key topic of debate within the global financial community. Following a notable 7% increase in the dollar index in 2024, traders are now deliberating its potential trajectory. On Thursday, the dollar dipped slightly by 0.2%, settling at 108.32, but remained near a two-year […]

The post The US Dollar’s Dominance Sparks Global Debate as 2025 Begins appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Automotive supplier Dana announced on November 25 that Bruce McDonald, a seasoned executive and current board member, has been appointed as chairman and interim CEO. The company stated that McDonald will oversee operations while facilitating the search for a permanent successor to James Kamsickas, who retired in October. Kamsickas is set to remain as an […]

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Singapore-based DBS has announced the appointment of Rajat Verma as the new chief executive for its India operations, with the promotion awaiting approval from the Reserve Bank of India. Verma is set to take over on 1 March 2025, succeeding Surojit Shome, who will retire on 28 February 2025 after a decade at the helm. […]

The post DBS Bank India Welcomes New CEO to Drive Growth and Innovation appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Thruvision Group plc (AIM: THRU), a prominent provider of walk-through security technology, has announced that Victoria Balchin, the current Chief Financial Officer, will assume the role of Chief Executive Officer starting January 2, 2025. This internal promotion follows the departure of the former CEO, Colin Evans, in October 2024. The Board of Directors, after a […]

The post Thruvision Announces Leadership Transition with New CEO Appointment appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Singapore Post (SPOS.SI) has announced the appointment of Isaac Mah, currently the CFO of its Australian business, as the new group finance chief. The announcement came on Sunday, just a week after the company dismissed three senior executives, including its previous CFO, due to their mishandling of a whistleblower report. Mah, who has been with […]

The post Singapore Post Appoints New Finance Chief Following Executive Dismissals appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Following an extensive search process, Racing SA has announced that Nick Bawden will take on the role of Chief Executive Officer starting February 1, 2025. Racing SA Chairman Rob Rorrison expressed the board’s enthusiasm for Bawden’s promotion, highlighting his significant contributions as a key member of the management team. Rorrison noted that Bawden had played […]

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Olympus Corporation has enlisted the help of a global executive recruitment firm to assist its board search committee in identifying and evaluating candidates for the role of CEO. The Tokyo-based medtech company emphasized its commitment to completing the succession process swiftly and efficiently to ensure sustained leadership and growth, according to a December 20 announcement. […]

The post Olympus Launches Global Search for New CEO Amid Leadership Transition appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Leonard Livschitz, CEO of Grid Dynamics Holdings, Inc. (NASDAQ: GDYN), recently reduced his ownership stake in the company, selling 40,000 shares of common stock on December 24, 2024. According to a filing with the Securities and Exchange Commission, the shares were sold at a weighted average price of $20.53, amounting to approximately $821,200 in total. […]

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