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USA Truck CEO John Simone Treated for Lung Cancer

2015-05-08 01:30:45| Trucking - Topix.net

USA Truck Inc. CEO John Simone said Thursday that he is being treated for lung cancer, and that while he and his doctors are optimistic, he's not sure yet when he'll return to the Van Buren trucking company.

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Daniel Zhang becomes Alibaba CEO as Q1 revenues lift 45%

2015-05-07 14:26:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce group Alibaba said that Daniel Zhang, currently its COO, will become the group's new CEO from 10 May. Jonathan Lu, the current CEO, will stay on to ensure a successful transition and remain on the board of directors as vice chairman. The announcement comes as Alibaba reports a strong first quarter, with gross merchandise volume (GMV) growing 40 percent from the year before and the number of annual active buyers lifting 37 percent to 350 million. Around 289 million monthly active users used the company's e-commerce apps in March, while mobile GMV reached USD 49 million. Revenues for the quarter lifted 45 percent year-on-year to CNY 17.42 billion, with mobile revenue jumping 352 percent to CNY5.24 billion. Total GMV transacted on Alibaba's China retail marketplaces amounted to CNY 600 billion, up 40 percent from the year earlier on the back mainly of more active buyers. GMV transacted on Taobao advanced 29 percent to CNY 381 billion. On Tmall, GMV rose 62 percent to CNY 219 billion.

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Alibaba revenue beats estimates, CEO Lu to step down

2015-05-07 14:17:19| IT Services - Topix.net

The company also said on Thursday that Chief Executive Jonathan Lu will step down, effective May 10, and would be replaced by Chief Operating Officer Daniel Zhang. Lu will remain on the board as vice chairman.

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Global Brands appoints Lazarus as Frye CEO

2015-05-07 12:12:42| Daily apparel & textile news and comment - from just-style.com

Global Brands Group has named Adrienne Lazarus as chief executive of The Frye Company, one of the company's premier controlled brands.

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Findus CEO Steps Down

2015-05-07 02:00:00| ThePigSite - Industry News

EUROPE - Matthieu Lambeaux, CEO of Findus Southern Europe, has decided to step down from his position to progress with some entrepreneurial ventures outside of the Findus group.

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