Tim Stones had played a key role in integrating Amazon.com’s market shaping acquisition of Whole Foods. Snap Inc, Snapchat’s parent, has disclosed, Tim Stone, the Amazon.com veteran who had led the integration of Amazon.com’s $13.7-billion acquisition with Whole Foods, will replace Andrew Vollero as its chief financial officer (CFO). Stone, 51, is currently vice-president of…
Rueckert, who is currently heading SAP’s digital supply chain business, will assume the role of the president of Bosch Building Technologies division from August 1, 2018. The world’s biggest automotive supplier Robert Bosch has hired Tanja Rueckert, an expert in the“internet of things” from SAP, a business software maker. The internet of things, (IoT) refers…
Lindsay-Rae McIntyre has been barred from joining Microsoft, pending a court review of the lawsuit. On Tuesday, International Business Machines (IBM) Corp sued Lindsay-Rae McIntyre, a former executive alleging violations of its 1-year non-competitive agreement. Over the weekend McIntyre was named by Microsoft Corp as its new chief diversity officer. According to documents that were…
McNeill’s ability to nurture and bring a startup to scale will be beneficial for Lyft as it continues to grow and expand in the coming years. Lyft disclosed it has hired Jon McNeill, a former president of global sales and service at Tesla, as its chief operating officer and noted McNeill’s ability and experience of…
Putting to rest all talks, in an interview with Variety, Jimmy Iovine, the co-founder of Interscope Records made it amply clear that he will continue to be associated with Apple Music. Variety, a publication, reported that music mogul Jimmy Iovine will be staying at Apple’s music streaming service thus putting at rest all the noise…
While confirming AXA sticking to it’s financial targets for 2016-2020, CEO, Thomas Buberl, has unveiled an intrinsic operating model that simplifies and refocuses the firms resources so as to boost shareholder’s value. On Tuesday, French insurer AXA confirmed that it was on on the path to meet its key 2020s financial targets thus extending the…
Ronnie Letin, 60, a Belgian, has been described as a “very skilled businessman, technically savvy and strategically versatile”. In efforts aimed at reigning in and reviving its dipping fortunes, mobile equipment maker, Ericsson has selected Ronnie Leten, the former of of Atlas Copco, a mining gear maker, as its new chairman. In July, Ericsson’s chairman…
Although a succession plan is ready and analysts no change in the company’s profitability, however, new emerging technologies could potentially see a spike in TSMC’s costs, said analysts.
By reducing 5,000 employees from its global workforce, HPE is broadening its cost cutting strategy. Bloomberg has reported citing sources familiar with the matter at hand, Hewlett Packard Enterprise Co is planning on cutting at least 5,000 workers from its employee strength, as it focuses on broadening its efforts at cost reductions midst mounting competition.…
Flavio Cattaneo, Vivendi’s former MD, is set to leave the company earlier than planned. Italian news daily La Repubblica has reported that one of the reasons Flavio Cattaneo, CEO of Telecom Italia, fell out with the top shareholder of Vivendi because the French company planned on appointing a managing director at his side. As per…
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