C-Suite Shuffle: Notable CEO Appointments and Leadership Transitions
Recent CEO appointments underscore the industry’s emphasis on succession planning, digital transformation, and global expansion. A recent surge in CEO appointments reveals key trends within the business landscape. Companies are increasingly prioritizing succession planning, actively searching for skilled leaders to facilitate smooth transitions as seasoned executives retire or depart. Many of the newly appointed CEOs […]
Boeing Cuts Workforce by 10% Amid Program Delays
CEO announces workforce reduction and delays in key programs as part of a strategic effort to tackle challenges and regain competitiveness. Boeing has revealed plans to reduce its workforce by approximately 10% and has announced delays for several key programs, including the 777X, as part of a major restructuring initiative designed to address ongoing difficulties […]
ACKO Names Sandip Goenka as CEO of ACKO Life
ACKO has appointed Sandip Goenka as the CEO of its newly launched life insurance business, ACKO Life. A seasoned insurance expert, Sandip previously served as the Chief Financial Officer (CFO) at ACKO and was a founding member of ACKO Life, where he played a crucial role in building its direct-to-consumer (D2C) life insurance model. In […]
Accenture Technology has appointed Kishore Durg as its new Group Operating Officer
Kishore Durg, who has taken over from Jeremy Oates as Group Operating Officer, is currently also serving as the Senior Managing Director of Accenture LearnVantage. Effective from December 1, Durg will step into his new role, bringing with him 25 years of experience in the global technology industry. He succeeds Jeremy Oates, who is set […]
Microsoft Continues Layoffs, Cuts 650 Jobs
In a new wave of job cuts, Microsoft has announced plans to reduce its workforce by 650 employees, primarily in its gaming division. This latest round of layoffs follows the company’s restructuring efforts after its $68.7 billion acquisition of Activision Blizzard in 2022. The acquisition, which included Activision Blizzard’s net cash, is the largest in […]
LGT Wealth India Appoints New Managing Director for Wealth Planning & Family Solutions
LGT Wealth India has appointed Poonam Mirchandani as the Managing Director of its Wealth Planning & Family Solutions division, starting August 2024. Poonam brings over 20 years of expertise to her new role, having previously served at Barclays Private Bank. Operating from Mumbai, Poonam will collaborate with LGT Wealth India’s team to enhance the firm’s […]
HROne Secures $4 Million in Series B Funding
HROne, a prominent player in the HRTech sector, has successfully raised $4 million (approximately ₹33 crores) in its Pre-Series B funding round. This latest investment round was spearheaded by existing investors Insitor Partners and Prudent Investment Managers. The newly acquired funds will be directed towards advancing product innovation, broadening market reach, scaling operational capabilities, and […]
Freshworks Names Murali Swaminathan as Chief Technology Officer
Freshworks Inc. has announced the appointment of Murali Swaminathan as its new Chief Technology Officer (CTO). Swaminathan joins the company from ServiceNow, where he held the position of Vice President of Engineering. In his new role, Swaminathan will oversee Freshworks’ technology strategy and lead the company’s global engineering and architecture divisions. With a career spanning […]
EET Names Ruth Herbert as Managing Director of Business Development and Strategic Initiatives
Essar Energy Transition (EET) has announced the appointment of Ruth Herbert as Managing Director of Business Development and Strategic Initiatives, starting on September 16. Ruth Herbert, who most recently held the position of Chief Executive at the Carbon Capture and Storage Association, brings a wealth of expertise to EET. In her new role, she will […]
Amazon India Adds Over 100K Seasonal Jobs to Meet Festive Demand
Amazon India has announced the creation of more than 110,000 temporary job positions throughout its operations network in preparation for the upcoming festive season. These roles are designed to bolster Amazon’s fulfillment and logistics capabilities, ensuring a smooth experience for customers during the busy period. These job openings span major cities including Mumbai, Delhi, Pune, […]