Latest news with #LR
Business Wire
14 hours ago
- Business
- Business Wire
LR Health & Beauty welcomes Jörg Körfer as new CEO – focus remains on growth and operational excellence
AHLEN, Germany--(BUSINESS WIRE)--LR Health & Beauty SE announces that Mr Jörg Körfer has been appointed Chief Executive Officer (CEO). He will take over the responsibilities of the previous members of the Management Board, Dr Andreas Laabs and Andreas Grootz, with effect from 1 August 2025. Both gentlemen will leave the company by mutual agreement on 31 July 2025. In order to further strengthen the management team in the future, the Supervisory Board is exploring options for another complementary member of the Management Board. Jörg Körfer has extensive expertise in global direct sales from his many years of management experience with international companies. Among other things, he spent 14 years at Vorwerk (CEO Kobold and CEO Thermomix) and served as Chairman of the Advisory Board at Bofrost for six years, as well as acting as CEO in an advisory capacity. He will now bring this experience to LR and continue to exploit the full potential of Europe's leading social commerce platform in line with the strategy that has been pursued. The Supervisory Board would like to express its sincere thanks to the two departing members of the Management Board for their trust and dedication. Under Dr Laabs' leadership in particular, LR has developed excellently over the past eleven years and is ideally positioned to enter its next phase of growth. Since joining LR in 2014, Dr Laabs has played a key role in shaping the company and successfully transformed LR from a traditional direct sales model into a globally active social commerce company. The key milestones of his tenure include the digitalisation of the business model, several of LR's most successful product launches, and infrastructure projects such as the insourcing of Aloe Vera Drinking Gels in 2018 and the opening of the IT hub in Athens, all of which have contributed significantly to LR's current position. Andreas Grootz is leaving the company after fourteen years. He established capital market-compatible governance structures at LR and drove forward the opening of new markets. The Supervisory Board is confident that Mr Körfer is the right successor to LR to continue the success story started by Dr Laabs and his team.
LeMonde
17 hours ago
- Politics
- LeMonde
Anti-pesticide petition: An unprecedented grassroots movement
In just 10 days, a petition on the website of France's Assemblée Nationale, launched by a student who says she has no political affiliation, has garnered more than 1.5 million signatures. The record is striking: Never before had a grassroots initiative of this kind surpassed the 500,000-signature mark. The momentum behind it now appears to be so strong that no one can predict where it will stop. The petition calls for the "immediate repeal" of legislation known as the Duplomb Law, which was definitively adopted on July 8 and provides for rolling back a series of environmental measures. These include speeding up water storage projects, facilitating intensive livestock farming, and, above all, reintroducing certain pesticides, including acetamiprid, a neonicotinoid that has been banned in France since 2018, but still permitted in the European Union until 2033. After intense lobbying, beet and hazelnut producers convinced lawmakers to allow it to be reauthorized for use, arguing that it was their only way to not fall prey to competition from neighboring countries. The unprecedentedly large grassroots movement making itself heard on environmental issues through the now-famous petition has caught everyone off guard. It comes as a contrast to the 2024 European elections, in which, in France and many other European Union countries, environmentalist parties lost ground while the far-right surged in the polls. The petition reveals not only a genuine surge in environmental awareness but also a determination to have an impact when public health is at stake. Acetamiprid has been accused of harming pollinating insects, accumulating in soil and groundwater and posing risks to human health. The petition's many signatories easily identified with its wording, condemning what it described as a "scientific, ethical, environmental and public health aberration." The influence of the FNSEA farming union, which staunchly defends intensive agriculture practices, has undoubtedly also been targeted by the movement. Before becoming a senator (from the right-wing Les Républicains party, LR), Laurent Duplomb, the legislation's author, was the president of a farmers' representative body in central France. Democratically speaking, the grassroots movement's success is significant. Its first effect has been to highlight the French Parliament's recent shortcomings. By surpassing 500,000 signatures, the petitioners have secured the possibility that a public debate on the law could be held when Parliament reconvenes, after the Assemblée, far too divided, failed to hold such a debate when the bill was being examined in late May. A maneuver by the bill's rapporteur, Julien Dive (LR), to initially reject the bill as a way to circumvent obstruction tactics from the left, resulted in the debate being held behind closed doors, conducted in a joint committee composed of seven members of each chamber. While the process was legal, it has proven unsatisfactory. Given the stakes raised by the bill, it was imperative that both sides be able to openly express their positions on it. The petition's second effect has been to put the entire political class on edge. Riding this newfound surge of momentum, the left has vowed to scrap the Duplomb law. However, aside from waiting for the Constitutional Council to decide on the matter, it has fewer options at its disposal than the president, who can request that a new deliberation on the law be held or even hold back on promulgating it, if the public outcry grows further. The petitioners likely did not intend to bring Emmanuel Macron back into the center of the public debate, but the implacable logic of the Fifth Republic has led to just that.
LeMonde
7 days ago
- Business
- LeMonde
Former French PM Michel Barnier announces run for Parliament in by-election
Former French prime minister Michel Barnier announced on Tuesday, July 15, that he would run for Parliament in an upcoming special election in Paris. The outgoing centrist MP, Jean Laussucq, was removed from office by the Constitutional Council on Friday. "At this very serious moment for our country (...), I have decided to put forward my candidacy in the special election for Paris's second constituency," Barnier wrote on X, emphasizing that his candidacy would be "part of an effort to unite the right and the center." Paris's second constituency runs along the left bank of the Seine, stretching from the Luxembourg Gardens to the Eiffel Tower. Barnier, a member of the conservative Les Républicains, served as prime minister from September to December 2024. He was replaced by François Bayrou after losing a vote of no confidence over the 2025 budget. LR President Bruno Retailleau hailed Barnier's candidacy, describing it as "a triple opportunity: for Paris, for LR, and for France." Personal bank account The Constitutional Council on Friday annulled Lassucq's 2024 election for having paid "campaign expenses using his personal bank account" and for allowing third parties to "directly pay a significant portion of the expenses incurred for his election campaign." The Council removed him from office and banned him from running for elections for one year. Barnier's candidacy could allow LR to take another seat from Macron's Renaissance party. Since LR joined the government coalition, it has won two special elections, also clinching one seat previously held by the far-right Rassemblement National.
The Star
14-07-2025
- Business
- The Star
Bursa Malaysia reprimands Zetrix AI, fines seven directors RM150,000 each
KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Zetrix AI Bhd, formerly known as MyEG Services Bhd , and fined seven directors for breaching the Bursa Malaysia Securities Main Market listing requirements (LR). The stock exchange operator imposed a fine of RM150,000 on each director, including the company's group managing director, Wong Thean Soon; executive chairman Datuk Dr Norraesah Mohamad; and non-independent non-executive director, Datuk Mohd Jimmy Wong Abdullah. Also reprimanded and fined were independent non-executive directors Wong Kok Chau, Datuk Seri Mohd Mokhtar Mohd Shariff, Datuk Mohd Jeffrey Joakim and Mohaini Mohd Yusof. According to Bursa Malaysia Securities, the findings of breach and the imposition of penalties on the company and the directors were made pursuant to paragraph 16.19 of the Main Market LR upon completion of due process and after taking into consideration all facts and circumstances of the matter. These included the materiality of the breaches, the impact of the breaches on the company and shareholders/investors, and the roles, responsibilities, knowledge, involvement and conduct/action/inaction of the directors. "Bursa Malaysia Securities has also reminded the company and its board of directors of their responsibility to maintain the appropriate standards of corporate responsibility and accountability to its shareholders and the investing public," it said in a statement. On July 7, 2023, Zetrix AI announced that the company received a notification letter dated July 4, 2023 from the Ministry of Home Affairs (MOHA) to confirm that the Ministry of Finance (MOF) had approved for the company to be appointed as the collection agent for the government revenue and to extend its role as the provider of online services for the Immigration Department of Malaysia. "However, the July 7 announcement was not factual, inaccurate, false and misleading as the contents of the July 4 letter were inconsistent with the company's representations in the July 7 announcement," said Bursa Malaysia Securities. - Bernama
Barnama
14-07-2025
- Business
- Barnama
Bursa Malaysia Reprimands Zetrix AI, Fines Seven Directors RM150,000 Each
BUSINESS KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Zetrix AI Bhd, formerly known as MYEG Services Bhd, and fined seven directors for breaching the Bursa Malaysia Securities Main Market listing requirements (LR). The stock exchange operator imposed a fine of RM150,000 on each director, including the company's group managing director, Wong Thean Soon; executive chairman Datuk Dr Norraesah Mohamad; and non-independent non-executive director, Datuk Mohd Jimmy Wong Abdullah. Also reprimanded and fined were independent non-executive directors Wong Kok Chau, Datuk Seri Mohd Mokhtar Mohd Shariff, Datuk Mohd Jeffrey Joakim and Mohaini Mohd Yusof. According to Bursa Malaysia Securities, the findings of breach and the imposition of penalties on the company and the directors were made pursuant to paragraph 16.19 of the Main Market LR upon completion of due process and after taking into consideration all facts and circumstances of the matter. These included the materiality of the breaches, the impact of the breaches on the company and shareholders/investors, and the roles, responsibilities, knowledge, involvement and conduct/action/inaction of the directors. "Bursa Malaysia Securities has also reminded the company and its board of directors of their responsibility to maintain the appropriate standards of corporate responsibility and accountability to its shareholders and the investing public," it said in a statement. On July 7, 2023, Zetrix AI announced that the company received a notification letter dated July 4, 2023 from the Ministry of Home Affairs (MOHA) to confirm that the Ministry of Finance (MOF) had approved for the company to be appointed as the collection agent for the government revenue and to extend its role as the provider of online services for the Immigration Department of Malaysia. "However, the July 7 announcement was not factual, inaccurate, false and misleading as the contents of the July 4 letter were inconsistent with the company's representations in the July 7 announcement," said Bursa Malaysia Securities. -- BERNAMA
