Daily Management Review
Management

Morgan Stanley Employee Named Goldman Sachs Asian Healthcare Group’s Chairman

At a time of surging healthcare deals, Goldman Sachs finds new face to chair its Asian healthcare group, while Japan remains an exception. Goldman Sachs has named employee of Morgan Stanley, Samuel Thong, as the Chairman of “the healthcare group” for the Asian banks while Japan “investment banking...

Former Goldman Sachs’ Employee To Lead Blackstone’s GSO Distressed Unit

In yet another management move, GSO hires Goldman Sachs’ Portfolio Manager. GSO Capital Partners, the credit platform of Blackstone has chosen its Senior Managing Director as well as the joined head, whereby appointing Dan Oneglia to handle the “distressed investing business”, reported the firm on...

Major Management Reshuffle At Alibaba Group

One of the major reshuffles in its history was announced by China’s Alibaba Group Holding Ltd and is the largest shuffle in the company since the announcement of his retirement was made by its co-founder and CEO Jack Ma. According to analysts, this reshuffle is also a part of the strategy of the...

Novartis Executive Named As Sanofi’s C.E.O

Sanofi’s months-long search for new chief executive meets a successful end. Sanofi is a French giant in the pharma industry which has announced Paul Hudson as its new C.E.O who is set to be Olivier Brandicourt’s successor post his retirement in September.   Hudson is a current “top...

Amcor Flexibles Executive Named Head Of Smiths Medical

Smiths Group selects a new leader as it moves ahead in its plan of separating its healthcare business. On Friday, June 7, 2019, the Smiths Group Plc revealed the name of its healthcare business’ leader. JehanZeb Noor is an executive of Amcor Flexibles, an “Australia-based packaging company”,...

Airlines Only Giving ‘Lip Service’ To Diversity, Say Airline Executives

The airline industry has only done “lip service” to addressing issues of diversity and are there is hardly any major steps taken to induct more women into the company boards, said  airline executives about a year after a Qatar Airways chief notoriously commented that a women would not be able...

Zuckerberg Faces Shareholders’ Vote In Annual Company Meet

Users’ of Facebook are concerned for privacy over social media. The Chief Executive Officer of Facebook, Mark Zuckerberg had to face a “vote of leadership” during the annual “general meeting” of the company. However, reports have claimed that Zuckerberg is not likely to give up his control over the...

Mike Rogers To Be Experian’s New Chairman

A veteran in the banking field to replace Don Robert at Experian. Experian is the “biggest credit check company” in the world which has chosen Mike Rogers, “independent non-executive director”, as its chairman, on Wednesday, 29 May 2019.   This move comes as Don Robert had announced about...

Fake Accounts Targeting Elections In Africa Banned By Facebook

Hundreds of accounts on the largest social media platform of the world Facebook have been removed by the company that targeted Africa. The company also announced that it had banned an Israeli company because of "co-ordinated inauthentic behaviour" primarily aimed against Africa.   Facebook...

PWC Strategy& notes a sharp increase in top managers layoffs for moral and ethical standards violation

Strategy &, a division of PwC Consulting, released a report on the situation among top executives of companies. Experts found that in 2018, the proportion of managers displaced from their positions for violation of moral and ethical standards has significantly increased. The report of Strategy...
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