Tag Archives: CEO

US is well on its way to Trump’s goal of ‘energy dominance,’ says Marathon Petroleum CEO

President Donald Trump’s goal of making the United States a global superpower in energy is starting to come true, Marathon Petroleum Corp. Chairman and CEO Gary Heminger told CNBC on Tuesday. “When I look at the president’s theme to begin with and the beginning of his administration, he wanted to have energy dominance in the U.S. and I believe that ... Read More »

We are always open to mergers and acquisitions: Nishant Pitti, CEO, EaseMyTrip

Having clocked profit to the tune of Rs 30 crore last year, online travel platform EaseMyTrip does not need any fresh funding, according to its CEO and founder Nishant Pitti. “We are not in a desperate need of any funding. If we want to expand, we have enough of funds and we can expand of our own. But we are always open to ... Read More »

Important to support SMEs, startups: BSE CEO

HIGHLIGHTS BSE CEO said it was important to support SMEs and startups because they have the potential of creating wealth He stated that as many as 253 SMEs were listed on BSEs dedicated SME platform and their market capitalisation stood at Rs 22,000 crore BENGALURU: Bombay Stock Exchange MD and CEO Ashishkumar Chauhan on Wednesday emphasised the importance of supporting SMEs and startups despite risk in ... Read More »

Audi names Bram Schot interim CEO, puts jailed Stadler on leave

German automaker Audi has named sales chief Abraham ‘Bram’ Schot as interim CEO following the arrest of Rupert Stadler as part of a probe into emissions cheating. Audi, a division of Volkswagen, said in a statement Tuesday that it has also complied with Stadler’s request to temporarily relieve him of his duties. German prosecutors ordered Stadler’s arrest Monday due to ... Read More »

Economic growth needs to reflect on HDI: Niti Aayog CEO Amitabh Kant

The Indian economy is growing at 7 -8% which needs to be reflected on the human development index (HDI) wherein the country stands at 131st position out of 188 nations, NITI Aayog CEO Amitabh Kant on Monday said. Kant further said there is need for a radical change at the state and district levels to improve the current situation. “Industry ... Read More »

Digital Now A Critical Element Of The Market, Says Infosys CEO Salil Parekh

Salil Parekh has been appointed as CEO of Infosys effective from January 2 Bengaluru: Underlining the huge potential of the digital business, Infosys CEO and MD Salil Parekh today said it is a critical element of the market. Addressing journalists while announcing the third quarter results, Parekh said, “We are very clear in any case that the market has evolved and ... Read More »

Never bought a business that wasn’t already part of Quikr: CEO Pranay Chulet

In the North Bangalore headquarters of online classifieds company Quikr India Pvt. Ltd, the conference rooms are called ‘jaldi’, ‘raftaar’, ‘daud’, and so on, names that are synonymous with speed. The nomenclature couldn’t have been more apt, given Quikr has been buying companies at breakneck pace. On Wednesday, it made its latest acquisition, buying blue-collar jobs listing company Babajob in ... Read More »

Starbucks’ CEO transition unlikely to stymie growth: analysts

Starbucks Chief Executive Howard Schultz’s decision to step down is unlikely to hamper growth at the world’s biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said. Starbucks Corp (SBUX.O) said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing the top ... Read More »

Wells Fargo’s new CEO faces immediate test

Tim Sloan will not have much time to prepare his pitch for Wall Street. The newly installed chief executive of Wells Fargo & Co (WFC.N) will present third-quarter results on Friday, less than 48 hours after replacing John Stumpf at the helm of the bank. Investors are seeking reassurance that Wells Fargo can rebuild its reputation and retain profits while ... Read More »

Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

Wells Fargo & Co’s (WFC.N) veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank’s reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim ... Read More »