CEO
UCars lays off staff, replaces CEO after being served legal notice for debts
BARELY five years after it started in mid-2019, a car portal set up to challenge incumbent sgCarMart is skidding towards an uncertain future. UCars has been served a notice...
Dasin Retail Trust trustee-manager files suit against former CEO, creditor
DASIN Retail Trust Management (DRTM) has taken legal action against its former chief executive officer Wang Qiu, as well as its creditor Zhang Guiming, following letters of demand from...
Hertz’s CEO to step down as car renter unwinds bet on EVs
HERTZ Global is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles (EVs) that the company began unwinding in recent months. Stephen Scherr,...
Prime US Reit manager CEO Harmeet Singh Bedi resigns
THE chief executive officer (CEO) of Prime US Reit’s manager, Harmeet Singh Bedi, will resign from his role at the end of March, a little over a year after...
STMicroelectronics CEO says China is a growth market despite US chip war
CHINA remains an important growth market for French-Italian semiconductor STMicroelectronics (STM), despite increasing US-China tensions over semiconductors, the company’s chief executive said on Tuesday (Mar 12). Speaking at a...
Deutsche Bank CEO Sewing vows to keep expenses in check
DEUTSCHE Bank chief executive officer Christian Sewing vowed to meet previous cost targets, saying he’s working on additional measures. The German lender will hit a goal of keeping expenses...
Halcyon Agri replaces CEO with controlling shareholder’s CFO
HALCYON Agri has appointed the chief financial officer of its controlling shareholder Hainan Rubber Group (HRG) to replace its chief executive officer (CEO), with immediate effect. The mainboard-listed rubber...
Apple reaches US$490 million settlement over CEO Cook’s China sales comments