Apple’s Leadership Challenges Grow As Chief People Officer Carol Surface Resigns
Apple is facing a leadership challenge with the sudden departure of several senior executives reporting directly to CEO Tim Cook. According to reports, Chief People Officer Carol Surface is leaving the company after less than two years.
Former Swiss Re Executive Greg Schiffer To Lead AXA XL Reinsurance In North America
Greg Schiffer, formerly of Swiss Re, has been appointed as AXA XL Reinsurance’s Chief Executive Officer (CEO) for North America Reinsurance, with effect from November 11, 2024.
The Board Of Hindalco Industries Appoints Sameer Nayak And Senthil Nath As SMPs
The Board of Directors of Hindalco Industries Limited has approved the additions to the Senior Management Personnel (SMP), Sameer Nayak (Cluster Head- Renukoot Unit and Renusagar Unit), and Senthil Nath (Unit Head- Mahan Aluminium) with effect from December 1, 2024.
DCW’s CMD Pramod Kumar Jain Named As Chairman Emeritus; MD Bakul Jain As Chairman
The Board of Directors of DCW Limited on October 17, 2024 has approved the resignation of Pramod Kumar Jain as the Chairman and Managing Director (MD) w.e.f. October 31, 2024, and the Board has appointed Jain as Chairman Emeritus w.e.f. November 1, 2024.
RBI Halts Loans By Four Finance Companies Over High Interest Rates
The Reserve Bank of India (RBI), the banking regulator, has forbidden Navi Finserv (led by Sachin Bansal), DMI Finance, Asirvad Micro Finance, and Arohan Financial Services from issuing and disbursing new loans due to excessive interest rates.
CFO Arpita Jain Resigns From Sayaji Hotels (Pune)
Arpita Jain has tendered her resignation as Chief Financial Officer (CFO) and Key Managerial Officer (KMP) of Sayaji Hotels (Pune) Limited due to personal reasons, and the company has accepted her resignation, and she has been relieved on October 17, 2024.
Government Approves Appointment of Kenjiro Hama As MD Of Enkei Wheels India
The Central Government on October 3, 2024, has approved the appointment of Kenjiro Hama, a foreign national, as Managing Director of Enkei Wheels India Limited for five years with effect from February 23, 2024.
Charu Arya Appointed As SMP Of Alkem Laboratories
Charu Arya has been appointed as Senior Management Position (SMP) of Alkem Laboratories Limited with effect from October 17, 2024.
Noel Tata Is Set Join Tata Sons’ Board
Noel Tata, Chairman of Tata Trusts, is set to join the Board of Tata Sons.
LTTS Reappoints Apurva Purohit and Narayanan Kumar As Independent Directors
The Board of L&T Technologies Services Limited has reappointed Apurva Purohit as an Independent Director for five years with effect from December 11, 2024.
