Page 2 - Ceos

Pay of global CEOs up 50% since 2019, 56 times higher than workers: Oxfam

Noting that the average pay for CEOs in India has reached USD 2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019, against a 0.9 per cent hike in average worker's wages. Every hour, billionaires pocket more wealth than the average worker earns in an entire year, the analysis said, underlining that the average gender pay gap in 11,366 corporations worldwide narrowed slightly from 27 per cent to 22 per cent between 2022 and 2023 -- yet their average female employee still effectively works for free on Fridays, while their average male employee is paid through the week. "This is a 50 per cent real-term increase from USD 2.9 million in 2019 (adjusted for inflation) -- a rise that far outpaces the real wage growth of the average worker, who saw a 0.9 per cent increase over the same five-year period in countries where CEO pay data is available," the analysis said. Ireland and Germany have som

AI and emerging tech: The top investment priority for 86% of Indian CEOs

Indian CEOs are prioritising AI and emerging tech, with 86 per cent viewing them as key investments for growth, while 90 per cent emphasise AI adoption and workforce upskilling, says EY survey

China plans for global CEOs to meet President Xi in Beijing next week

China's planned interaction with top business figures underscores the message it's been sending that the nation is open for business, contrasting with Trump's more protectionist "America First" policy

IndusInd Bank CEO gets 1-year extension, short of board's recommendation

The Reserve Bank of India (RBI) approved Kathpalia's term to be extended from March 24 this year to March 23, 2026, IndusInd said

Global CEOs split on GenAI's impact on jobs, automation concerns rise

For instance, DBS Group expects its workforce to reduce by 10 per cent, or 4,000 employees, over the next three to four years

India Inc expects consumption boost, plans to push capex: BS CEOs poll

92 pc of CEOs say consumption would get a boost with tax exemptions

Humble CEOs are recalled fondly: History values performance with humility

What mental health is for young people, arrogance and ego are to boardrooms. Is the opposite, the quiet, low-profile performer, even possible?

United Spirits appoints Praveen Someshwar as CEO-designate from March 1

Someshwar has been MD and CEO of HT Media for the last five years. Before that, he had served in various positions at PepsiCo in India and in the wider Asia Pacific region for over 24 years

Ahead of Feb policy, RBI guv Malhotra to meet bank chiefs on Thursday

The interaction is part of the pre-monetary policy consultations

Why India is struggling to produce CEOs like Nadella, Pichai at home

A critical mass of creative, innovative management is a key human capital resource that countries need, just as much as a well-educated and healthy workforce. India lacks both

Achint Setia new Snapdeal CEO; Himanshu Chakrawarti to lead Stellaro Brands

Achint Setia has been named chief executive of Snapdeal, while Himanshu Chakrawarti will lead Stellaro Brands, focusing on scaling operations

Global headwinds, tech trends highlighted in CEOs' messages to teams

N Chandrasekaran, chairman, Tata Sons, started his letter describing 2024 as 'another unpredictable year'

Rikant Pittie to be new CEO of EaseMyTrip, succeeds brother Nishant Pitti

Rikant Pittie will oversee the company's strategic initiatives, drive innovation, and enhance customer experiences to further strengthen EaseMyTrip's position in the industry

Apple CEO Tim Cook returns to China as Beijing prepares to fete CEOs

Chinese Premier Li Qiang is expected to meet with top corporate executives today ahead of the event

Wipro appoints Omkar Nisal as CEO of Europe strategic market unit

IT firm Wipro on Monday said it has appointed Omkar Nisal as the chief executive officer for its Europe strategic market unit (SMU), with immediate effect. Nisal, who will also become a part of the Wipro executive board, will report directly to company CEO and MD Srini Pallia, according to a company statement. "Omkar's strategic vision, combined with a strong understanding of the European market dynamics, well positions him to lead our ambitious plans for growth and expansion. With a strong customer-centric approach, Omkar will help build a resilient and adaptable organisation poised for sustainable growth in the region," Pallia said. Based in London, Nisal has been a part of Wipro for over 12 years now. During his stint, he has led Wipro's banking-EMEA business, working closely with large and niche financial institutions across the UK, Europe, the Middle East, and Africa. This involved facilitating their digital transformation by emphasising customer journey redesign, enterprise ..

Stability or ambition? Here is what Indian corporate CEOs prioritise

Amid shifts in corporate leadership, Indian CEOs seem to be favouring consistency over rapid change

Regulatory frameworks essential in cybersecurity space: Quick Heal CEO

Regulations play a vital role in shaping the cybersecurity landscape by setting clear standards for protecting sensitive data and ensuring accountability across industries, said Vishal Salvi, CEO of Quick Heal Technologies. In an interview with PTI, Salvi highlighted the importance of frameworks and said that they are essential for ensuring data protection and fostering trust between businesses and consumers. "In today's interconnected world, rules like the (Digital Personal Data Protection Act) DPDP Act and global privacy regulations are vital to ensuring data protection and promoting trust among businesses and consumers," he said on the sidelines of the company's latest launch. Quick Heal Technologies on Thursday launched an AI-based fraud prevention solution--AntiFraud.AI. It is available on Android, iOS, and Windows, at an introductory offer price of Rs 750/year. The Made in India solution offers several protection features like fraud call alerts, banking fraud alerts, fraud ap

Japan's gender diversity push falters as women CEOs remain below 1%

The Japanese government aims for women to hold 30% of executive roles by decade's end, but current numbers indicate a challenging road ahead

Abrupt CEO change prompted by growth concerns, says Nestle Chairman

Bulcke didn't address the firm's guidance, currently set at an underlying operating margin of at least 17.5 per cent for 2025

Book Review: Some lessons in fighting brand crises from the marketplace

In their book 'Managing Brand Transgressions: 8 Principles to Transform Your Brand', S P Jain and S S Jain attempt to draw the right lessons that are to be learnt from brand challenges