Tag Archives: chairman

Nandan Nilekani back as Infosys chairman, Vishal Sikka resigns from board

A little over 36 years after he co-founded Infosys Ltd with six others and exactly a decade after he stepped down as its chief executive officer, Nandan Nilekani has returned to the company after he was unanimously named by the board as its non-executive chairman in a widely anticipated move. The appointment, a significant victory for co-founder NR Narayana Murthy… Read More »

LeEco Chairman Says Cash Crunch ‘Far Worse Than Expected’

LeEco’s cash problems are “far worse than expected” and the funds raised in recent months are unexpectedly not enough to help the Chinese technology conglomerate ride out the crunch, its chairman, Jia Yueting, said on Wednesday. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire spanning consumer electronics to cars… Read More »

BHP board set to select new chairman in June

BHP’s board is expected to select a new chairman at its June meeting to replace long-serving former Ford Motor Co boss Jac Nasser, according to two sources familiar with the matter. The world’s largest miner, under pressure from U.S.-based activist investor Elliott Management over its strategy, has been searching for a replacement since Nasser announced his impending retirement… Read More »

Brazil’s JBS says Joesley Batista resigns as chairman

JBS SA (JBSS3.SA), the world’s largest meatpacker, said on Friday that the brothers Joesley and Wesley Batista, who own the company and are ensnared in a corruption scandal that threatens to topple Brazil’s President Michel Temer, have resigned from senior posts. Joesley Batista, who unleashed a political crisis in Brazil last week with a plea bargain deal that… Read More »

LafargeHolcim to withdraw from several countries: chairman

LafargeHolcim is considering withdrawing from several markets as part of its efforts to make last year’s mega-merger a success, Chairman Beat Hess told weekly Sonntagszeitung. “We will be present in less countries for sure,” Hess was quoted as saying. The sale of operations in several countries was an option, he said. The world’s largest cement group, created by… Read More »