Chief Executive Officer

Succession, transition a challenge for founder CEOs: Joydeep Sengupta

At the Business Standard BFSI Insight Summit 2026, McKinsey's Sengupta said that founders must balance long-term ambition, take calculated risks, and plan succession to ensure business continuity

Air India clears ₹17.74 crore payout for outgoing CEO Campbell Wilson

The payout comprises ₹15.24 crore in replacement shares due under the former CEO's long-term incentive plan for FY23-FY25, along with a ₹2.5 crore one-time reward approved for FY25

Ujjivan SFB CEO Sanjeev Nautiyal seeks early retirement on health grounds

Carol Furtado has been appointed acting MD and CEO with immediate effect, subject to RBI approval, while the bank begins the process of identifying a successor

SBICAP Securities appoints SBI executive Baldev Prakash as MD & CEO

Former Jammu & Kashmir Bank chief joins the SBI Group brokerage on deputation and will focus on technology, customer experience and long-term growth

Ex-BP Chairman Manifold hits back at 'lies' told about his conduct

Manifold's dismissal is the latest in a prolonged period of leadership upheaval at BP, which has included 3 CEOs in as many years, and raises fresh questions about company's internal processes

Goldman Sachs hikes CEO David Solomon's pay 21% to record $47 million

Under Solomon's leadership last year, Goldman posted record revenue in its banking and markets division and record management fees in its asset-management business

Walmart's CEO of international business Kathryn McLay to leave company

She will remain in her role until the end of the month and stay at Walmart through the first quarter 'to help ensure a smooth transition'

BP appoints Meg O'Neill as first woman CEO of Big Oil in bid for revival

BP has been under pressure from Elliott to improve its performance, after Auchincloss reset the company's strategy in February by promising to refocus on oil and gas

Tarun Garg to take over as Hyundai India's MD & CEO from January 1

Garg will be the first Indian to lead the company since it started operations in 1996

Hinduja Renewables appoints Deepak Thakur as CEO amid clean energy push

Hinduja Renewables said Thakur has over 30 years of experience in renewables, infrastructure, industrial products and electronics, with senior roles at Mahindra Group, Reliance and others

Abhishek Maheshwari joins OneAssist as CEO to drive expansion and AI push

OneAssist has appointed Abhishek Maheshwari as CEO to lead business strategy, AI adoption and expansion into new categories and geographies to serve more households

Bank of America revamps leadership ranks with eye on succession race

Bank of America named Dean Athanasia and Jim DeMare as co-presidents reporting to CEO Brian Moynihan, while Alastair Borthwick adds executive VP title to his CFO role

How an anonymous hotline tip led to the dismissal of Nestle CEO Freixe

Nestle has dismissed its chief executive, Laurent Freixe, following an internal investigation. Philipp Navratil has been appointed the new CEO to lead the company forward

Nestle dismisses CEO Laurent Freixe over code breach, appoints Navratil

Nestle said the dismissal followed a probe into an undisclosed relationship, as leadership changes continue at the world's biggest food company

No plan to hire Bigbasket CEO: Hari Menon rejects succession planning talk

Hari Menon dismissed reports of succession planning at Bigbasket, ruling out a CEO hire and stressing that founders have no contractual timeline to step away from management roles

Mitsubishi Heavy to double gas turbine capacity as global demand surges

The decision comes at a time when demand for gas turbines has increased globally, due to the proliferation of data centers, new manufacturing and continued electrification

Intel CEO Lip-Bu Tan says board backs him amid Trump's call for resignation

Tan has reached out to the White House to clear up what he called "misinformation" about his track record, he said in a letter to staff posted on Intel's website

KPMG confirms second term for India CEO Yezdi Nagporewalla beginning 2027

The firm stated that Yezdi has led its strategic priorities, including governance, client relationships, and organisational culture, contributing to steady growth

Shailesh Jejurikar becomes first Indian to lead 187-year-old P&G

Currently chief operating officer, Jejurikar will succeed Jon Moeller as chief executive officer and become the first Indian to lead Procter & Gamble in its history

Alessandro des Dorides resigns as Nayara CEO; Sergey Denisov to take charge

The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine