Centaurus Metals announced that it has appointed experienced senior finance executive, Mr John Westdorp as CFO, further strengthening its senior management team as it progresses towards financing and development of its flagship Jambreiro ...
Tags: metal industry, iron ore exploration, resources industry
ABB has announced that Michel Demar will step down as ABB Chief Financial Officer and member of the Executive Committee.He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus ...
Tags: Michel Demar, CFO of ABB
Steven Sinofsky,the Microsoft executive in charge of the development of Windows 8 and widely regarded as the future successor to CEO Steve Ballmer,has resigned from the company.He was also responsible for leading the development of Windows ...
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
TORONTO — In its first report since becoming a public company last month, retailer the Hudson's Bay Co. said its third quarter loss widened slightly, although same store sales on both sides of the border were stronger than ...
Tags: Furniture
Ocado today (26 June) said first-half profit before tax was "in line" with last year as the group booked a jump in sales. The UK online retailer booked pre-tax profit of GBP0.2m (US$0.3m) on gross sales which were up 12% to GBP332.3m. ...
Tags: Ocado, first-half profit, UK online retailer
Canadian retailer Metro Inc has appointed François Thibault as group CFO. Thibault takes over from Richard Dufresne from 1 August, who quit the role in February to take up a position at an unnamed company. Thibault joins Metro ...
Tags: Metro Inc, François Thibault, group CFO, food
Flowserve Corporation announced it has been awarded a five-year contract from Dow Benelux to perform maintenance of its rotating equipment and general machining.Flowserve will initially open an onsite Quick Response Center(QRC)at Dow s ...
Tags: Flowserve Corporation, QRC, Netherlands, manufacturing
Boss steps aside as company faces battle for smartphone supremacy Intel CEO Paul Otellini has announced he will be retiring from the company in May next year, ending a 40-year association with the chip maker. The company will be ...
Tags: Intel, Paul Otellini, PC and laptop, software business
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
The Physicians Insurance Association of America (PIAA) has appointed MMIC president chief and executive officer Bill McDonough to its board of directors, with immediate effect. McDonough, during his three-year board term, will serve as a ...
Tags: PIAA, MMIC, Bill McDonough, board of directors
Essence Healthcare, a health insurance provider has named Richard Jones as president and chief executive officer, with a plan to streamline its operations in Medicare advantage health segment. Jones will succeed Frank Ingari, who is ...
Thailand-based Siam Cement Group (SCG) has formed a BHT2.2bn ($67m) joint venture (JV) with Nippon Paper Industries (NPI) in Japan to set up Siam Nippon Industrial Paper (SNP) plant, which will commence operations by mid-2014. The plant ...
Tags: Paper Plant, Vietnam's corrugated container, Packaging
Miravast, a risk management firm has appointed former senior vice president and chief life actuary of AIG/Chartis Risk Solutions David Beckelman as its chief financial officer and chief actuary. Miravast president Bill Taylor said ...
Tags: Miravast, financial officer, David Beckelman