SYDNEY: Murray Cod Australia Limited (ASX: MCA) has announced the appointment of Brett Paton as the new independent non-executive Chairman. Paton’s extensive experience, including a 23-year tenure as Vice Chairman of UBS and roles at Citigroup and Tabcorp, is expected to bolster the company’s board. Concurrently, Ross Anderson steps down as Chairman but will maintain…
BCAL Diagnostics appoints Shane Ryan as new CEO
SYDNEY, AUSTRALIA: BCAL Diagnostics Limited (ASX:BDX) has announced the appointment of Shane Ryan as the new CEO, effective from April 2, 2024. Ryan, previously the company’s COO, will lead the launch of the innovative breast cancer test, BREASTEST™, and drive the company’s commercialisation efforts. Ryan’s extensive experience in biotechnology product commercialisation, notably his successful launch…
Globe Metals & Mining Limited announces CEO transition
SYDNEY, AUSTRALIA: Globe Metals & Mining Limited (ASX: GBE) has announced a significant leadership transition, with CEO Grant Hudson set to retire on May 31, 2024. Succeeding him will be Paul Smith, currently the Chief Operating Officer, who will take over as CEO on June 1, 2024, an ASX announcement noted. Smith, who joined Globe…
Growthpoint Properties Australia appoints Ross Lees as new CEO
SYDNEY: Growthpoint Properties Australia (GOZ) has announced the appointment of Ross Lees as the new Chief Executive Officer and Managing Director. Lees, who brings over two decades of experience in real estate investment, will succeed Timothy Collyer, with a transition period extending until July 2024. Lees’ extensive background includes a successful tenure as Head of…
ANZ sells 16.5% of shareholding in AmBank
AUCKLAND: ANZ has agreed to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank) via a block trade at a price of MYR3.85 per share. The sale will reduce ANZ’s shareholding in AmBank from 21.7% to 5.2% and is in line with ANZ’s strategy of simplifying the Bank. Following the sale, ANZ will…
Razor Group acquires Perch, becomes global leader in e-commerce aggregation
Razor Group, the Berlin-based e-commerce aggregator, has acquired its US rival Perch, creating the world’s largest online marketplace consumer brand platform. The deal is part of Razor’s consolidation strategy, which has seen it acquire other regional players such as Factory14, Valoreo and The Stryze Group. The acquisition will enable Razor to reach over $1 billion…
Yuno, a global payments platform, raises $25M from top investors
Yuno, a platform that orchestrates payments across different methods and regions, has secured $25 million in a Series A round led by DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees, a financial news release noted. The company, founded by Juan Pablo Ortega and Julián Núñez, aims to revolutionize various industries such as…
Bloomberg Industry Group appoints Bobby Puglia as Chief Product Officer
Bloomberg Industry Group, a leading provider of industry knowledge and AI-enabled technology for professionals in government, law, tax, and accounting, has announced the appointment of Bobby Puglia as its Chief Product Officer. Puglia will report to CEO Josh Eastright and oversee the company’s product development efforts, including Bloomberg Law, Bloomberg Tax, Bloomberg Government, and the…
Newsweek hires Danielle Varvaro as Head of Advertising Sales
Newsweek, the global digital news organization, has appointed Danielle Varvaro as its new Head of Advertising Sales. Varvaro will report to Kevin Gentzel, Global Chief Commercial and Growth Officer of Newsweek, and lead the US sales team. Danielle Varvaro joins Newsweek from The Messenger, a new news outlet where she drove ad revenue. She has…
Why wind is underutilized in Pakistan for power generation?
Pakistan is facing a serious energy crisis, with rising electricity costs, mounting circular debt, and dwindling foreign exchange reserves. The country is still relying on expensive and polluting fossil fuels to meet its power demand, while ignoring the potential of renewable energy sources, especially wind power. Wind mills are a clean, green, and affordable way…
Phoenix Tower International acquires Cellnex Telecom’s Irish business
Phoenix Tower International (PTI), a global telecom tower operator, has announced a deal to buy Cellnex Telecom’s business in Ireland, which includes about 1,700 mobile telecom sites and 200 land locations. The deal will boost PTI’s presence and growth in Ireland, as well as improve the country’s telecom infrastructure and services. PTI expects the transaction…
Julieann Esper Rainville becomes new CEO of Power Factors
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board of Directors, according to a news release. Esper Rainville has over 27 years of software…