Latest news with #CEOappointment
Yahoo
21-07-2025
- Automotive
- Yahoo
Ayvens appoints Philippe de Rovira as new CEO
French fleet managing and operational car leasing company Ayvens has appointed Philippe de Rovira as its new CEO, effective 1 December. He succeeds Tim Albertsen, who has decided to retire on the same date. The decision follows a recommendation from the nomination committee as part of its succession planning process. Albertsen will continue to serve as CEO and a member of the board until his retirement. Ayvens' chairman of the Board of Directors Pierre Palmieri stated: 'Philippe brings with him the experience, commitment and strategic vision which will be key in driving growth and capturing new opportunities for Ayvens. 'I would also like to thank Tim for his leadership and vision, which have led to Ayvens being the global leader it is today.' Rovira brings extensive experience to his new role, having joined PSA Group in 1998 and held various business and finance positions until 2017. His previous roles included leading a division focused on B2B sales, remarketing of used cars, and sales of spare parts. In 2018, he was appointed CFO of PSA Group and became a member of the Global Executive Committee, overseeing the business unit for remarketing of used cars. By 2021, he had advanced to the position of Stellantis' chief affiliates officer, in which he was responsible for financial services, parts and services, and circular economy, among other areas. In 2025, Rovira took on the role of COO for Asia and Middle East/Africa, while also managing Financial Services and Free2move. Ayvens provides full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to a diverse clientele, including large international corporations, SMEs, professionals, and private individuals. The company employs more than 14,000 people across 42 countries and manages 3.3 million vehicles. Ayvens is majority-owned by Societe Generale Group. "Ayvens appoints Philippe de Rovira as new CEO" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
16-07-2025
- Business
- Yahoo
Dave & Buster's Entertainment names new CEO
Texas-based US operator of entertainment and dining venues Dave & Buster's Entertainment has announced the appointment of Tarun Lal as its CEO and a member of the board of directors. Lal brings 25 years of experience from Yum! Brands, where he recently served as president of KFC US, overseeing all operations across the country. His previous roles include global chief operating officer for KFC and managing director of KFC's operations in the Middle East, Turkey, Africa, India and Pakistan. Lal stated: 'Dave & Buster's and Main Event are iconic, highly differentiated brands with exceptionally large and loyal customer bases, outstanding unit-level and new unit economics and huge potential for growth. 'I have been deeply impressed with what I have seen so far and sincerely look forward to working closely with our team and the board to deepen our connection with our guests and team members and drive immediate and long-term growth and value for all stakeholders.' Dave & Buster's board chairman and interim CEO Kevin Sheehan stated: 'Tarun is a talented leader and seasoned operator with a highly successful track record of growing and improving businesses and brands in the US and around the world. 'We are confident he will have an immediate impact, grow our business and create substantial shareholder value.' Founded in 1982 and based in Coppell, Texas, Dave & Buster's operates 236 venues across North America under its two brands: Dave & Buster's and Main Event. The company has 175 Dave & Buster's locations in 43 US states, Puerto Rico and Canada. In May 2025, Dave & Buster's began construction on its inaugural venue in the Philippines as part of its global expansion strategy. The location at the Opus Mall, Manila will introduce the brand's combination of games, food and sports viewing to the country's market. It aims to be a premier entertainment and dining destination, featuring a variety of American and local cuisine, cutting-edge gaming options, and event spaces for sports fans. "Dave & Buster's Entertainment names new CEO" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Malay Mail
16-07-2025
- Business
- Malay Mail
Malaysian tycoon Robert Kuok's daughter takes over Shangri-La Asia CEO role, earns over RM310,000 a month
SINGAPORE, July 16 — Kuok Hui Kwong, daughter of Malaysian billionaire Tan Sri Robert Kuok, has been appointed chief executive of Shangri-La Asia, the Hong Kong and Singapore dual-listed luxury hotel group announced in a stock exchange filing today. Her appointment takes effect on August 1. The 47-year-old has served as the company's chairman since 2017 and has been an executive director since 2016. Shangri-La Asia said her new role as both chairman and CEO is expected to improve 'strategic cohesion and operational execution by ensuring a unified and consistent vision across all levels of leadership'. She succeeds former CEO Lim Beng Chee, who retired at the end of 2022. Lim remains on the board as a non-executive director. According to The Straits Times, Kuok Hui Kwong is the sixth of Robert Kuok's eight children and ranked 40th on Fortune's 2024 list of the most powerful women in Asia. Under her current contract, she receives a monthly base salary of HK$576,000 (RM311,630), along with discretionary bonuses and pension benefits. She also holds a direct and indirect interest in 95.57 million shares, or about 2.7 per cent, of the company. Kuok Hui Kwong graduated with a bachelor's degree in East Asian studies from Harvard University and previously served as managing director and CEO of SCMP Group, which publishes the South China Morning Post. The Kuok Group sold the media arm to Chinese tech giant Alibaba in 2016. Founded by Robert Kuok in 1971 with the opening of the Shangri-La Hotel in Singapore, Shangri-La Asia today owns 81 of the more than 100 hotels it operates under its four brands: Shangri-La, Kerry, Hotel Jen and Traders. As of its 2024 annual report, its hotel assets had a net asset value of US$10.83 billion. For the financial year ended December 2024, the group reported revenue of US$2.19 billion, a 2 per cent increase year on year, but net profit fell 12.3 per cent to US$161.4 million, weighed down by rising operating and financing costs. Following news of Kwok Hui Kwong's appointment, Shangri-La Asia's shares on the Singapore Exchange rose 2.4 per cent to HK$4.67 as of 3.11pm today, though they remain down nearly 14 per cent for the year.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
Rio Tinto Names Iron Ore Chief Simon Trott as CEO
Rio Tinto on Tuesday said it has appointed the head of its lucrative iron-ore business, Simon Trott, to succeed Jakob Stausholm as chief executive. The world's second-largest miner by market value, which makes most of its profits digging up iron ore in remote northwest Australia, said Trott's appointment will take effect Aug. 25. Stausholm will step down as CEO and from the company's board at that time.
Zawya
01-07-2025
- Business
- Zawya
Zain KSA, Horizon Food name new CEOs
Riyadh: Mobile Telecommunication Company Saudi Arabia (Zain KSA) appointed Saad bin Abdulrahman Al Sadhan as its CEO as of 1 July 2025, according to a bourse filing. The appointment follows a board resolution issued on 29 June, which concluded his term as Acting CEO, a position he has held since August 2024. Al Sadhan brings over 22 years of telecom and IT experience. He was the Chief Business and Wholesale Officer at Zain KSA before serving as Acting CEO. Al Sadhan holds an Electrical Engineering degree from KFUPM and certifications in leadership and IT. Meanwhile, Horizon Food Company named Khadem Sarwar as the new CEO, effective on 15 September 2025, according to a bourse filing. The decision was approved by the board of directors on 29 June 2025. Sarwar has over 28 years of experience in food manufacturing across the UK, UAE, Kuwait, and Saudi Arabia. He holds an MBA from Caledonian University and a bachelor's degree in Business Administration from Paisley University. In February 2024, Sultan Al Harbi started his term as the CEO of Horizon Food.
