2024 proved to be a landmark year for Nvidia, with its soaring stock performance driving extraordinary wealth creation not only for CEO Jensen Huang but also for three of its longest-serving board members. This unique achievement saw the directors ascend into billionaire status, a rarity among corporate boards. Tench Coxe, who has been part of […]

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A study released by staffing agency Express Employment Professionals revealed that half of Canadian companies intend to increase their workforce in the first half of 2025. Among the 505 hiring decision-makers surveyed, 51% indicated plans to hire additional employees. Of those, 58% cited managing increased workloads as the primary driver, while 45% pointed to filling […]

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A shareholder of Archer-Daniels-Midland (ADM) has urged the company’s CEO, Juan Luciano, to step down over his handling of internal accounting issues that have triggered a criminal investigation. In a LinkedIn post titled “Investor-misery has a name: ADM,” Hartwig Fuchs criticized Luciano for failing to adequately inform investors about the problems and their implications. Fuchs, […]

The post Investor Calls for ADM CEO’s Resignation Amid Accounting Scandal and Stock Decline appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

Shareholders of a company operating what could be the world’s largest lithium deposit received an early Christmas gift this week. General Motors (GM), which had previously partnered on the project, officially closed its joint venture with the company, marking a significant milestone that further aligns the two firms’ futures. The lithium mine, a strategically critical […]

The post Lithium Jackpot as General Motors Bets Big on World’s Largest Deposit appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

In 2024, Corporate America has undergone transformative shifts, including intense debates over diversity, equity, and inclusion (DEI) policies and the persistent conflict between remote work and return-to-office mandates. Amid these headline-grabbing changes, a quieter but equally profound trend has emerged: an unprecedented wave of CEO departures across industries. Data from Challenger, Gray & Christmas revealed […]

The post 2024’s CEO Exodus: Unprecedented Departures and the Rising Demand for Resilient Leadership appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

eFishery, a prominent startup in the fisheries sector, has announced the suspension of its Chief Executive Officer (CEO), Gibran Huzaifah, and Chief Product Officer (CPO), Chrisna Aditya, both of whom co-founded the company. This move is part of an ongoing investigation into alleged financial irregularities within the organization. According to the company, investors and shareholders […]

The post eFishery Suspends Co-Founders Amid Financial Misconduct Probe appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

eBay has expanded Klarna’s buy now, pay later (BNPL) payment options to six additional European countries following a successful launch in Germany. Shoppers in Austria, France, Italy, the Netherlands, Spain, and the United Kingdom can now access these flexible payment methods, according to a joint press release issued on Thursday, December 12. Avritti Khandurie Mittal, […]

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Global trade is on track to hit a record $33 trillion in 2024, representing a $1 trillion increase from the previous year, according to the United Nations Conference on Trade and Development (UNCTAD). This 3.3% annual growth reflects the resilience of international trade, driven primarily by a significant surge in services trade alongside a moderate […]

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Unilever has announced a series of executive leadership changes, including an expansion of responsibilities for CFO Fernando Fernandez. Effective January 1, Fernandez will oversee supply chain and procurement, digital and technology, and business services in addition to his existing duties. The company disclosed that Fernandez, a 37-year Unilever veteran, will receive a 7.5% increase in […]

The post 7.5% Increase for Unilever’s CFO Fixed Pay as Executive Reshuffle Expands appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

The Latin American fitness market is showing significant strength and appears poised for substantial growth in the coming years, according to a recent survey. Urban populations in the region are highly engaged in fitness, creating new opportunities for gym operators, fitness brands, and investors to expand their footprint. The 2024 Latin America Fitness Consumer Survey, […]

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