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Tag: ceo
Oxea Names Salim Al Huthaili New CEO
2016-05-13 18:13:00| Coatings World Breaking News
Hon Hai executive to take over as Sharp CEO
2016-05-13 10:54:00| Telecompaper Headlines
(Telecompaper) Tai Jeng Wu, an executive VP at Hon Hai Precision Industry, will take over as president of Sharp following the completion of Hon Hai's takeover of a majority stake in the company. Sharp announced the change in management alongside its annual results; the reshuffle must still be approved by shareholders in June. Tai will replace Kozo Takahashi as head of the Japanese company. Takahashi told the FInancvial Times that Tai was "very powerful and is the number two ranked at Hon Hai". In addition, he speaks Japanese, "so he was chosen from a comprehensive viewpoint", the CEO said. Most of the rest of Sharp's board will also step down after the transaction is completed.
Margins "not an obsession" - Heineken CEO
2016-05-12 19:03:00| Daily beverage news and comment - from just-drinks.com
Heineken's CEO has told analysts he is committed to improving the brewer's margins, "but it is not an obsession".
Tags: ceo
margins
obsession
heineken
Carlsberg to close more breweries in China - CEO
2016-05-12 13:30:00| Daily beverage news and comment - from just-drinks.com
Carlsberg's CEO has said he expects to close more breweries in China, following yesterday's news that the group has already closed eight over the last 12 months.
Tags: close
china
ceo
breweries
TIM Brasil Q1 profit plummets 60%, replaces CEO
2016-05-12 08:45:00| Telecompaper Headlines
(Telecompaper) TIM Brasil has replaced its CEO Rodrigo Abreu with Stefano De Angelis after reporting first quarter net income down 59.7 percent to BRL 127.9 million compared to BRL 317.4 million a year earlier. Describing the first three months of the year as a "tough" quarter, the Brazilian operator also reported net revenues down 15.3 percent to BRL 3.85 billion compared to BRL 4.55 billion a year earlier, with a 14.3 percent rise in fixed failing to offset a 9.2 percent decline in mobile. EBITDA fell 16.6 percent to BRL 1.121 billion, affected by a number of factors, including Brazil's worst recession in decades, costs to reduce personnel and provisions for customers' unpaid accounts, which rose 26 percent year on year. However, ARPU was up 3 percent year on year, confirming the positive trend started in the previous quarter.
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