Ceo Jobs

Lululemon CEO Calvin McDonald to step down after year of weak sales in US

Lululemon Athletica Inc on Thursday said its CEO Calvin McDonald will step down effective January 31 as the athletic wear maker wrestles with a year of disappointing sales. The company, based in Vancouver, Canada, said that McDonald and the board are working together to manage a "smooth transition," and he will serve as a senior advisor to the company through March 31, 2026. The board said it was conducting a comprehensive search in partnership with a leading executive search firm to select his successor. McDonald took the helm in 2018. Lululemon said Marti Morfitt, the board's chair, will take on the expanded role of executive chair, effective immediately, to "ensure the continued execution of the company's near- and long-term growth strategy during the leadership transition." In addition, Meghan Frank, chief financial officer, and Andr Maestrini, chief commercial officer, will serve as interim co-CEOs following McDonald's exit, the company said. The announcement came alongside .

India among top nations on CEOs confidence on investment plans: PwC survey

India is among the top countries in terms of investment plans made by CEOs and also in terms of their confidence in the country's economic growth, a global survey showed on Monday. Releasing its annual CEO survey here on the first evening of the World Economic Forum Annual Meeting, PwC said nearly 9 out of 10 Indian CEOs remain confident of economic growth as they plan headcount increases and continued AI rollout. India also remains among the top five territories (along with the US, the UK, Germany and Chinese Mainland) for global CEOs' investment plans, the survey found. Almost 51 per cent of Indian CEOs were positive about GenAI's impact on profitability, while one-third of Indian CEOs noted revenue increases from climate-friendly investments over the past five years. For more than 40 per cent of Indian CEOs, product and service innovation is the most common reinvention action in the last 5 years, PwC said. Four in 10 CEOs in India and across the world said their companies have

ICICI Lombard General Insurance appoints Sanjeev Mantri as MD & CEO

He will take over from Bhargav Dasgupta, who will be officiating his duties until the close of business hours on 30 November 2023

National Centre for Financial Education invites application for CEO post

National Centre for Financial Education (NCFE), promoted by capital markets watchdog Sebi and other regulators, has invited applications for the post of chief executive officer. The CEO is expected to provide administrative, operational and strategic leadership to NCFE under the overall guidance of its board of directors, according to a public notice issued by the Securities and Exchange Board of India (Sebi). The appointment would be on contract basis for a period of three years initially, which can be extended up to a maximum of two years or till the age of 65, whichever is earlier. Applicants are required to have the vision and ability to transform NCFE into an institution of national importance. The selected candidate will exercise general supervision and control over the day-to-day affairs of the institute and implement the decisions of its governing board, the notice said. Also, the selected candidate needs to develop new partnerships with multiple agencies and stakeholders -

Separation of the CMD post at listed companies: All you need to know

Tune in to the podcast, to know on the subject of separation of the CMD post at listed companies

Split CMD position: Medicine without ailment?

Appointment of a lead independent director might be a better option than mandating separation of the positions of chairperson and MD/CEO

Passing the baton... smoothly

Challenges of succeeding a CEO with a long tenure

Most new CEOs are overwhelmed, say job is harder than expected

More than a third of big companies around the world had three or more CEOs between 2007 and 2017