Latest news with #Sud
The Sun
2 days ago
- Business
- The Sun
Ex-Germany goalkeeper Kahn backs out of Bordeaux deal
FORMER Germany and Bayern Munich goalkeeper Oliver Kahn said on Monday he has backed out of a potential deal to buy struggling fourth-tier French club Bordeaux. Kahn sent an open letter to local newspaper Sud Ouest explaining he was not willing to pay the 50 million euros ($57.2 million) to fulfil the deal. 'It is therefore with great disappointment, despite extensive preparatory work and rigorous analysis, that we have taken the carefully considered decision not to pursue our takeover project,' he said in the letter seen by AFP. Six-time French champions Bordeaux are currently in Nationale 2 after falling into financial difficulties.
The Sun
2 days ago
- Business
- The Sun
Oliver Kahn Backs Out of Bordeaux Takeover Deal
FORMER Germany and Bayern Munich goalkeeper Oliver Kahn said on Monday he has backed out of a potential deal to buy struggling fourth-tier French club Bordeaux. Kahn sent an open letter to local newspaper Sud Ouest explaining he was not willing to pay the 50 million euros ($57.2 million) to fulfil the deal. 'It is therefore with great disappointment, despite extensive preparatory work and rigorous analysis, that we have taken the carefully considered decision not to pursue our takeover project,' he said in the letter seen by AFP. Six-time French champions Bordeaux are currently in Nationale 2 after falling into financial difficulties.
Time of India
5 days ago
- Business
- Time of India
Who is Anjali Sud, the Indian-American elected on Harvard's overseas board amid Trump's tiff? Know her education, career & net worth
Indian-American business executive Anjali Sud has been elected to the Board of Overseers at Harvard University , filling the vacancy left by Mark Carney, who resigned on March 9 after becoming leader of the Liberal Party. Her appointment comes at a time when Harvard is facing pressure from the Donald Trump administration over its refusal to share data on international students involved in campus protests and violence. Following the university's non-compliance, the administration suspended its international student exchange programmes. Harvard filed a lawsuit and secured a temporary stay on the government's decision. Sud assumed her new position on May 30. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Who is Anjali Sud? Anjali Sud is the CEO of Tubi , a free TV and movie streaming platform with nearly 100 million monthly active users. She has served in this role since 2023. Prior to Tubi, Sud was the CEO of Vimeo, where she led the company through a strategic pivot and a successful public listing in 2021. She was named among Fortune's '40 Under 40' and recognised by the World Economic Forum as a Young Global Leader for her leadership in media and technology. Live Events Education and early life Born in Detroit, Michigan, to Punjabi immigrant parents, Sud was raised in Flint. At age 14, she enrolled at Phillips Andover Academy in Massachusetts. She went on to earn a Bachelor of Science in finance and management from the University of Pennsylvania's Wharton School in 2005. In 2011, she completed her MBA at Harvard Business School . Reflecting on her journey, Sud said ahead of the election, 'My parents came to this country to give me a shot at the American Dream. I achieved that dream through the power of a transformative education, and I want to pay it forward for the next generation. Harvard has both the opportunity and imperative to define the future of higher education at a time of existential change. I would be honored to help Harvard navigate that change and enable creative transformation.' Career milestones Sud began her career working in finance and media at firms such as Sagent Advisors, Time Warner, and Amazon. She joined Vimeo in 2014 as head of global marketing, before taking over as CEO in 2017. Under her leadership, the company transitioned from content production to a software tools provider for video creators. She led key acquisitions including Livestream and Magisto, and helped raise $450 million in funding. After nearly a decade with Vimeo, Sud stepped down in September 2023. She soon joined Tubi, a subsidiary of Fox Corporation, as its CEO. Role at Harvard and personal background Sud's election to the Board of Overseers marks a return to Harvard in a governance capacity. Her appointment comes at a time of institutional challenges as the university defends its autonomy against federal pressure. She currently resides in New York. Her appointment is seen as a significant move by Harvard to bring in leaders with experience in digital media and global business. Alongside Sud, another Indian-origin alumnus, Sanjay Seth , has been elected as one of the directors of the Harvard Alumni Association. He will begin his three-year term on July 1. Anjali Sud's net worth As of May 2025, Anjali Sud's estimated net worth sits around $8.52 million, as per a report by Times of India. Most of that comes from her work with companies like Dolby and Vimeo, where she's held leadership and board positions.
NDTV
5 days ago
- Business
- NDTV
Indian-Origin CEO Joins Harvard Board As Canadian PM Mark Carney Steps Down
Quick Read Summary is AI generated, newsroom reviewed. Anjali Sud, CEO of Tubi, has been elected to Harvard's Board of Overseers, and Sanjay Seth, a climate expert, joins the Harvard Alumni Association Board. Their appointments highlight the rising influence of Indian-Americans in academia and leadership. The Indian-American community is making waves in the academic and professional world, with two prominent figures being elected to prestigious roles at Harvard University. Anjali Sud, the CEO of streaming platform Tubi, has been elected as a member of Harvard University's Board of Overseers, one of the university's two governing boards. Sud will serve the remaining two years of the unexpired term of Mark Carney, the former Governor of the Bank of Canada, who stepped down from the board on March 9. Anjali Sud's appointment is a testament to her remarkable career and leadership skills. Born to Punjabi immigrant parents in Detroit in 1983, Sud earned her MBA from Harvard Business School in 2011. She has held various leadership positions at top companies, including Amazon, Time Warner, and Vimeo. Currently, she serves as the chair of the board at and is a board member at Dolby Laboratories. She is also part of the executive committee of the development board at Phillips Academy Andover, where she supports financial aid initiatives. The Board of Overseers plays a crucial role in the governance of Harvard University, directing the visitation process and providing periodic external assessment of the university's schools and departments. As a member of the board, Sud will work closely with other overseers to ensure the university continues to excel in its academic and research endeavours. In addition to Sud's appointment, Sanjay Seth, a climate and sustainability expert, has been elected as one of the new directors of the Harvard Alumni Association (HAA). Seth, a dual-degree graduate in urban planning and public administration from Harvard, served as Chief of Staff and Senior Advisor for Climate and Equity at the US Environmental Protection Agency's New England office. He will begin his three-year term on July 1, along with five other newly elected directors. The HAA Board, including its elected directors, serves as an advisory body focused on building community, promoting engagement, and encouraging a strong sense of university citizenship among Harvard alumni globally. Both Sud and Seth's appointments are a testament to the growing influence of Indian-Americans in various fields.
Time of India
5 days ago
- Business
- Time of India
Anjali Sud educational qualification: How this Indian-origin executive went from Harvard classrooms to the boardroom
Indian-origin Anjali Sud has been elected to the Harvard Board. Anjali Sud, the Indian-American businesswoman and technology executive, has carved a remarkable path from her educational beginnings to becoming a leading figure in the media and tech industry. Born in Detroit, Michigan, to Punjabi immigrants from India, Sud's journey reflects determination, academic excellence, and visionary leadership. Most recently, she has been elected to Harvard University's Board of Overseers, marking another milestone in a career defined by growth and impact. Sud's educational foundation set the stage for her successful career. She graduated from the University of Pennsylvania in 2005 with a Bachelor of Science degree in finance and management. Later, she earned her MBA from Harvard Business School in 2011, an experience that further shaped her leadership skills and strategic outlook. Her ascent from these classrooms to leading global media platforms highlights the power of education paired with ambition. Early life and academic journey Growing up in Flint, Michigan, Sud attended Phillips Andover Academy, a prestigious private school in Massachusetts, starting in 1997 at age 14. This move away from her hometown to a rigorous academic environment was an early indication of her drive and focus. After completing her studies at Andover, she enrolled at the University of Pennsylvania's Wharton School, one of the top business schools in the country. Here, she earned a in finance and management, graduating in 2005. Determined to deepen her business expertise, Sud pursued an MBA at Harvard Business School, graduating in 2011. Harvard's rigorous curriculum and collaborative culture played a crucial role in honing her skills in leadership, strategy, and innovation. This educational foundation helped Sud navigate the complex world of media, technology, and entrepreneurship, preparing her to take on increasingly challenging roles. Building a career from finance to technology leadership After completing her undergraduate degree, Sud began her career in finance, media, and e-commerce sectors. Between 2005 and 2014, she worked at companies like Sagent Advisors, Time Warner, and Amazon, gaining valuable experience in various business functions. Her diverse roles gave her insights into how media and technology intersect with finance and marketing. In 2014, Sud joined Vimeo, a video platform owned by IAC, initially as head of global marketing. She quickly rose through the ranks, becoming general manager of Vimeo's core creator business. In this role, she led several innovative product launches, including Vimeo Business, 360-degree video support, and video collaboration tools. Her success in these areas set the stage for her appointment as Vimeo's CEO in July 2017. A new era at Vimeo and beyond As CEO, Sud refocused Vimeo's strategy from producing original content to developing software tools for video creators. Under her leadership, Vimeo acquired several startups including Livestream in 2017, Magisto in 2019, and video software companies WIREWAX and Wibbitz in 2021. These strategic moves expanded Vimeo's offerings and strengthened its position in the market. Sud also oversaw two major fundraising rounds for Vimeo: a $150 million equity raise in November 2020 and a $300 million round in January 2021. These helped the company reach a valuation of over $5 billion. Vimeo went public on Nasdaq in May 2021 under her leadership, marking a significant milestone for the company. After nearly a decade with Vimeo and six years as CEO, Sud announced in July 2023 that she would leave the company in September to pursue new opportunities. Shortly after, she was named CEO of Tubi, a free ad-supported streaming service owned by Fox Corporation. From student to overseer: Giving back to harvard In May 2025, Anjali Sud was elected to Harvard University's Board of Overseers, filling the vacancy left by Mark Carney. This prestigious role allows Sud to contribute to the governance and strategic direction of one of the world's leading universities. It also symbolizes a full-circle moment, highlighting her journey from Harvard student to influential leader and mentor. Sud's story is a testament to the power of education combined with perseverance. Her academic credentials from top institutions laid the groundwork for a career marked by innovation and leadership. As she continues to break new ground, Sud inspires many aspiring professionals, especially women and members of the Indian diaspora, to pursue their ambitions relentlessly. Ready to empower your child for the AI era? Join our program now! Hurry, only a few seats left.
