Topic
ceo
Logistics Viking Supply Ships installs Kistefos duo as CEO and group CEO
Viking Supply Ships will install Ulrik Mannhart as chief executive and Bengt Rem as group CEO on August 1, following the resignation of Trond Myklebust. Both new leaders come from controlling shareholder Kistefos, which holds 80.1% of shares and 85.3% of voting rights, according to Splash247.
Logistics Swiggy Instamart CEO Amitesh Kumar Jha Resigns; Myntra's Nandita Sinha to Take Charge
Swiggy-owned quick commerce platform Instamart has a new CEO. Nandita Sinha will take over from August 3, succeeding Amitesh Kumar Jha who resigned to pursue external opportunities. Jha highlighted operational improvements in supply chain and unit economics during his tenure.
Logistics Conrail CEO Brian Gorton Announces Retirement After Six Years of Leadership
Brian Gorton, president and chief executive of Conrail, is retiring effective November 1, 2026. The former Union Pacific executive has led the terminal and switching railroad since 2021. Norfolk Southern announced it has begun a search for Gorton's successor.
Technology OpenAI Staffers Fund Rival Super PAC to Push for Stricter AI Regulation
Seven current and one former OpenAI employee have donated more than $215,000 to Guardrails Alliance, a new super PAC advocating for stricter AI regulations. The PAC aims to counterbalance Leading the Future, a pro-industry group backed by OpenAI president Greg Brockman with over $100 million. The donations reveal growing internal conflict at OpenAI over AI policy and regulation.
Logistics Quantix Names Nate Gesse as CEO After Completing Lender Restructuring
Quantix has named Nate Gesse as its next CEO, effective July 20, succeeding John Labrie who led the company through a lender restructuring. Gesse, formerly president and COO, will drive the chemical logistics provider's next phase of growth in a market projected to reach $683.3 billion by 2031.
E-Commerce & Marketplaces Amazon chief Andy Jassy presses Quick-commerce pedal: Now to expand to 300+ cities
Amazon CEO Andy Jassy, on his first visit to India since 2021, announced Amazon Now will expand to over 300 cities from 15, backed by a fresh $300 million investment. The quick-commerce service has seen orders double every quarter since launch, positioning Amazon to challenge incumbents Blinkit, Zepto, Swiggy Instamart, and Flipkart Minutes.
Logistics Norfolk Southern CEO Says Railroad Must Focus on Today's Service While Advancing Union Pacific Merger
Norfolk Southern CEO Mark George states the railroad remains committed to improving service while advancing the proposed merger with Union Pacific. He acknowledges current service struggles due to crew shortages and weather, but says the operations team is focused on stabilization. The merger aims to create coast-to-coast service, though other Class I railroads oppose it.
Business O'Leary Extends Ryanair CEO Contract to 2032 in Deal Worth Up to €150 Million
Ryanair CEO Michael O'Leary has extended his contract to 2032, with a bonus scheme potentially worth over €150m. The deal includes options to buy 10 million shares at €26.70 each if profit reaches €4bn or share price exceeds €42 for 28 days. Chairman Stan McCarthy highlighted extensive shareholder engagement in the process.
Manufacturing Varanasi to Host 2-Day Wheat Products Promotion Society CEO's Conclave from July 9
The Wheat Products Promotion Society (WPPS) will hold a two-day CEO's conclave in Varanasi from July 9, 2026, themed 'Redefining Wheat Value Chains for a New India'. Over 300 senior industry leaders, flour millers, and food manufacturers are expected to attend. The event will feature the WPPS Awards 2026 recognizing outstanding contributions to the wheat sector.
Business Bhumika Realty Appoints Amit Parsuramka as Chief Executive Officer
Bhumika Realty has appointed Amit Parsuramka as its new CEO. Parsuramka, with over 25 years of experience in real estate and investment, previously led Abhinandan Lodha Ventures and Bonito Designs. He succeeds Siddharth Katyal, who stepped down for personal reasons.
Business Union Pacific CEO Jim Vena rejects potential government investment in $85B Norfolk Southern merger
Union Pacific CEO Jim Vena dismissed the possibility of government investment in the railroad's $85B merger with Norfolk Southern, stating UP can handle the price alone. President Trump had suggested government equity stakes in essential companies. Vena views Trump's interest positively but had no direct communication. The US has invested $21B in 16 deals since January 2025.
Technology Alphabet CEO Sundar Pichai avoids AI at Stanford speech as 200 students protest Google's Israel deal
Sundar Pichai gave a Stanford graduation speech without discussing AI, focusing on life lessons. About 200 students walked out protesting Google's $1.2 billion Project Nimbus deal with Israel.
Rivian's CEO on Tesla's Cybertruck, Ferrari's Luce, and What Happens If the R2 Fails
Rivian CEO RJ Scaringe, in a WIRED interview, discusses the critical importance of the R2 SUV for the company's survival, comments on Tesla's Cybertruck niche market, and reveals partnerships with Volkswagen ($5.8B) and Uber (up to 50,000 robotaxis). Rivian has sold 175,000 vehicles since 2021 versus Tesla's 8 million, and lost $3.6 billion in 2025.
Business Xbox CEO Warns of Unsustainable Margins in Staff Memo
Xbox CEO Asha Sharma and Chief Content Officer Matt Booty have issued a memo highlighting unsustainable financial margins and potential restructuring. The memo reveals a $20 billion investment over five years with declining revenue, and hints at possible layoffs.
Technology Sundar Pichai: AI's Impact Rivals Electricity and Fire
Google CEO Sundar Pichai has likened the potential impact of AI to that of electricity and fire, emphasizing its transformative power. Despite AI's current limitations, Pichai's vision suggests a future where AI fundamentally alters human civilization.
Technology Nvidia CEO Predicts Prolonged RAM Crisis: Implications for Buyers
Nvidia CEO Jensen Huang forecasts a prolonged RAM crisis, suggesting it may last several years. This prediction impacts decisions on buying laptops and PCs, as prices may continue to rise. The partnership between Nvidia and SK Hynix highlights ongoing challenges in memory supply.
Supply Chain India's Short Window Amid China's Supply Chain Shift
India has a limited opportunity to attract companies diversifying from China, according to Chief Economic Advisor V Anantha Nageswaran. The geopolitical landscape and China's trade dominance pose challenges and opportunities for India's trade strategy.
Logistics Bourbon Names Olivier Blaringhem as New CEO
Bourbon has appointed Olivier Blaringhem, a veteran from Subsea7, as its new CEO. This leadership change comes as Bourbon embarks on a significant growth phase following a major fleet expansion and financial restructuring.
Business Citi CEO Jane Fraser Highlights India's Long-Term Growth Potential
Citi CEO Jane Fraser underscores India's long-term growth potential, urging focus beyond short-term challenges. She highlights investor interest in sectors like technology and infrastructure.
Business Brajesh Kumar Singh Takes Helm as MD & CEO of Canara Bank
Brajesh Kumar Singh has been appointed as the Managing Director and CEO of Canara Bank, effective until April 2029. With over 30 years of experience, Singh aims to drive digital transformation and enhance customer experience.
Logistics ZIM Appoints New CEO Amid Hapag-Lloyd Deal Uncertainty
ZIM has appointed Chen Lichtenstein as CEO as it navigates a pending acquisition by Hapag-Lloyd. The $4.2bn deal still requires regulatory approval.
Commodities Brent Crude Prices Surge Above $100 Amid Geopolitical Tensions
Brent crude oil prices have surged above $100 per barrel, driven by ongoing geopolitical tensions in West Asia. This price increase could lead to an earnings downgrade cycle, particularly affecting sectors sensitive to fuel costs.
Trade Port of Virginia CEO Discusses Tariffs and Unique Cranes
Sarah McCoy, CEO of the Port of Virginia, highlights the impact of tariffs and the port's investment in unique cranes. The port ranks sixth in the U.S., handling 3.24 million TEUs in 2025.