(IN BRIEF) Gernot Döllner has been announced as the new CEO of AUDI AG, taking over from Markus Duesmann in Volkswagen’s Group Board of Management on September 1, 2023. Döllner, who has a mechanical engineering background, has held several managerial … Read the full press release
Posted in Automotive, Business, Germany, Management
Tagged appointment, Audi, CEO, Gernot Döllner, leadership, Markus Duesmann, Volkswagen
(IN BRIEF) BNP Paribas Wealth Management and SDA Bocconi School of Management have collaborated to release an exclusive report on family business governance in Europe. The report emphasizes the significant role of family firms in driving economic growth and employment. … Read the full press release
(IN BRIEF) NatWest, a renowned bank, has been included in the Times Top 50 Employers for Gender Equality list for its consistent commitment to fostering an inclusive and diverse workplace. The list, established in 2006 and curated by Business in … Read the full press release
(IN BRIEF) Iberdrola, a Spanish energy company, has been awarded for its outstanding corporate governance practices by World Finance for the tenth time. The recognition highlights Iberdrola’s commitment to continuously updating its Governance and Sustainability System and its dedication to … Read the full press release
(IN BRIEF) Virginie Leroy has been appointed as the President of VINCI Immobilier, effective August 1, 2023. Leroy, who joined VINCI Immobilier in 2010, has held various positions within the company, including Head of Business Property Projects and Managing Director … Read the full press release
(IN BRIEF) H. Lundbeck A/S has announced the initiation of CEO succession, with Deborah Dunsire choosing to retire from her role as President and CEO. Charl van Zyl has been appointed as the new President and CEO, and Dunsire will … Read the full press release
Posted in Business, Denmark, Healthcare, Management, Pharma & Biotech
Tagged appointment, biopharma, Board of Directors, CEO, Charl van Zyl, CNS, Deborah Dunsire, Eli Lilly, H. Lundbeck A/S, immunology, Lars Rasmussen, Lundbeck, Neurology, Novartis
(IN BRIEF) Tom Drechsler has been appointed as the new head of the Communication department at Škoda Auto, starting from July 1. He replaces Ariane Kilian, who is temporarily stepping down due to personal reasons. Drechsler brings extensive experience, having … Read the full press release
Posted in Automotive, Business, Czech Republic, Management, Marketing, Media
Tagged Ariane Kilian, Auto Bild, AUTO BILD Group, Communication, communications manager, journalist, Klaus Zellmer, leadership, ŠKODA, ŠKODA AUTO, Tom Drechsler
(IN BRIEF) RWE, a leading energy company, has announced its updated Green Financing Framework to support sustainable investment. With a focus on building a sustainable energy system, RWE plans to invest over 50 billion euros by 2030 as part of … Read the full press release
(IN BRIEF) Škoda Auto has launched a dedicated microsite that provides comprehensive information on the company’s sustainability initiatives. The microsite covers Škoda’s environmental, social, and governance efforts, showcasing measures to reduce its CO2 footprint, community involvement, and commitment to being … Read the full press release
(IN BRIEF) Volkswagen Group has announced a strategic realignment and the launch of performance programs to enhance profitability and cash flow. At its Capital Markets Day, the Group emphasized leadership principles focused on customer orientation and entrepreneurship. Each brand will … Read the full press release
(IN BRIEF) Lightsource bp, a global leader in renewable energy, has announced the appointment of Adele Ara as the new Chief Technology Officer (CTO) and member of the executive team. Adele has been with the company since 2014, demonstrating her … Read the full press release
(IN BRIEF) Effective October 1, 2023, BASF will transfer its European direct business for Ultraform® (POM) to its trusted trading partners, ALBIS and Ultrapolymers Group. While the sales process will be handled by ALBIS and Ultrapolymers Group, BASF will continue … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged ALBIS, BASF, engineering plastics, engineering plastics portfolio, polyoxymethylene, POM, Ultraform®, Ultrapolymers Group
(IN BRIEF) Michelin has announced its agreement to acquire Flex Composite Group (FCG) for an enterprise value of €700 million. FCG is a European leader in engineered fabrics and films, serving industries such as marine, supercars, electric vehicles, sports, and … Read the full press release
Posted in Automotive, Business, Chemicals, France, Industrial, Investment, Management
Tagged acquisition, engineered fabrics, FCG, films, Flex Composite Group, IDI, Michelin, polymer composite solutions
(IN BRIEF) Barclays has announced the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group within its Investment Banking division. Shakhmin’s extensive experience and track record in advising industrial clients make him a valuable addition to … Read the full press release
(IN BRIEF) Crédit Agricole Payment Services (CAPS) has appointed Philippe Marquetty as the Chief Executive Officer, effective from June 16, 2023. Marquetty, who joins the Management Committee of Crédit Agricole S.A., brings extensive experience in financial institutions and the payments … Read the full press release
(IN BRIEF) Glencore, a global mining and commodities trading company, has completed the sale of its 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia, to Metals Acquisition Corp … Read the full press release
(IN BRIEF) Lightsource bp, a global leader in solar energy projects, has opened its new headquarters in Madrid, Spain. The company has experienced significant growth in just four years and has established itself as a leader in the Spanish renewable … Read the full press release
(IN BRIEF) Barbara Balke, Secretary General of the European Investment Bank (EIB), has been named one of the Top 50 Executive Allies by LGBT Great. The recognition honors leaders in finance and business who have used their influence to support … Read the full press release
(IN BRIEF) Siemens has unveiled LV Insights X software, a pioneering solution for managing low-voltage grids. The software enables distribution grid operators to address the challenge of increasing grid capacity while accommodating the rise of decentralized renewable energy and additional … Read the full press release
(IN BRIEF) ORLEN VC, the largest corporate venture capital fund in Poland owned by the ORLEN Group, has invested in Circunomics, a platform for battery reuse and recycling in electric vehicles. The investment aims to reduce the carbon footprint of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, Management, Poland, Small Business, Technology
Tagged Audi Group, battery monitoring solutions, circular economy, Circunomics, corporate venture capital fund, Daniel Obajtek, electric vehicles, EV batteries, Felix Wagner, Jan Born, ORLEN Group, ORLEN VC, Poland, recycling, recycling of batteries, start-up, TES
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