CARY: The V Foundation for Cancer Researchappointed Shane Jacobson as the new chief executive officer upon the retirement of Susan Braun in January 2021. Jacobson, currently president and CEO of the University of Vermont Foundation (UVM), brings with him two decades of record-breaking fundraising experience. Combining his passion for sports and eradicating cancer, this new…
Timothy Mullany to join Jack in the Box Inc. as new CFO
SAN DIEGO: Jack in the Box Inc. announced that Timothy Mullany will join the company as Executive Vice President and Chief Financial Officer, effective January 18, 2021. Mullany is a well-rounded finance leader with more than 20 years of experience in the restaurant industry, as well as hyper-growth concepts, both public and private. Most recently,…
OKEA ASA acquires 40 percent operating interest in Vette discovery
TRONDHEIM, NORWAY: OKEA ASA has signed a Sales and Purchase Agreement (SPA) with Repsol Norge AS for the acquisition of Repsol’s 40% operated working interest in PL 972, which includes the Vette oil discovery, with effective date 1 January 2021. The Vette discovery (Block 17/12) is located at a water depth of about 110 metres…
OKEA ASA
OKEA ASA (FRA: 3SX) is an independent Exploration and Production (E&P) company and operator on the NCS with a current production of 15 000 boepd. OKEA targets profitable production growth within the current portfolio combined with an opportunistic approach to M&A. OKEA ASA (FRA: 3SX) is listed on the Oslo Stock Exchange under the ticker…
SEC charges Robinhood Financial with misleading customers
WASHINGTON D.C.: The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms to execute customer orders. Robinhood agreed to pay…
Arvind Krishna elected IBM Chairman
ARMONK: The IBM board of directors has elected Arvind Krishna chairman of the board, effective January 1, 2021. Mr. Krishna, who is IBM’s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020, as the company previously announced in January of this…
Andrews Sykes Group appoints Ian Poole
LONDON: The board of Andrews Sykes announced the appointment of Ian Poole as Finance Director. He will join the Company with effect from 22 February 2021 and his responsibilities will encompass all of the financial affairs of the Andrews Sykes group companies, reporting directly to the Board, although he will not himself be a statutory…
Keywords Studios buys Indigo Pearl Limited and Jinglebell Communications
LONDON: Keywords Studios has announced the acquisitions of Indigo Pearl Limited and Jinglebell Communications S.R.L. The acquisitions will further the Group’s strategy to become the ‘go to’ technical and creative services platform for the global video games industry. Led by Caroline Miller and founded in 2000, Indigo Pearl is a full service PR agency specialising…
Rio Tinto appoints Jakob Stausholm as chief executive
LONDON: Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Since joining Rio Tinto as an executive director and chief financial officer in 2018, Mr Stausholm has played a leading role in the Group’s strong performance, maintaining capital allocation discipline and delivering significant shareholder returns, while strengthening the balance sheet. Mr…
Serco Group agrees to acquire Facilities First Australia Holdings
LONDON: Serco Group plc, the international provider of services to governments, through its Australian subsidiary, Serco Group Pty Limited, has reached agreement to acquire Facilities First Australia Holdings Pty Limited (FFA). The business is to be acquired for an enterprise value of A$76.5m (£43m), subject to standard net working capital adjustments, with the consideration to…
Caroline Johnstone appointed Chairperson of Synthomer Plc
LONDON: Synthomer Plc announced that on 16th December Neil Johnson stepped down as Chairman of the Company after nine years on the Board, eight of which have been as Chair. Caroline Johnstone has succeeded Neil as Chair of Synthomer. Caroline joined the Board as a non-executive director in 2015, where she has been Chair of…
Polar Capital Holdings to acquire Dalton Strategic Partnership LLP
LONDON: Polar Capital Holdings plc has reached an agreement to acquire 100% of the issued share capital of Dalton Capital (Holdings) Limited, the parent company of Dalton Strategic Partnership LLP, a UK based boutique asset manager with Assets under Management (AuM) of £1.24bn as at 15 December 2020, from its shareholders. This AuM figure excludes…