GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock.
Shares of Kenyan marketing company WPP Scangroup plunged by more than 7% on Friday, after the firm suspended its chief executive to investigate allegations of gross misconduct.
By Reuters Staff
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FILE PHOTO: The La-Z-Boy store in Westminster, Colorado is seen November 18, 2014. REUTERS/Rick Wilking
(Reuters) - La-Z-Boy Inc said on Tuesday Chief Executive Kurt Darrow will retire in April and will be replaced by finance chief Melinda Whittington.
Darrow, who has led the firm for 17 of his 40 years at the furniture maker, will remain its chairman in a non-executive role.
Robert Lucian, vice president of finance at La-Z-Boy, will succeed Whittington as CFO, the company said.
Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur
Britain's Rolls-Royce named Panos Kakoullis as its new chief financial officer, picking the former head of Deloitte's audit and assurance practice to help steer its cost-cutting and simplification as it tries to ride out COVID-19.
By Reuters Staff
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(Reuters) - Russia’s largest petrochemicals producer Sibur was more likely to list in the public markets close to the opening of a $10 billion Eastern Siberia production plant by mid-2024, the company’s chief financial officer told the Financial Times.
The company, which is halfway through a $19 billion expansion push to open two new production sites that will roughly treble its pre-2020 polymer output, will instead focus on ramping up its exports to China and other Asian markets, CFO Peter O Brien told on.ft.com/3p8bktu the FT.
Sibur on Thursday said that the Eastern Siberian Amur Gas Chemical Complex, could start operations six months ahead of schedule by mid-2024 and the cost of the project will probably be $10 billion, down from previous estimates of between $10 billion and $11 billion.