Latest news with #LeadershipChange
Yahoo
3 days ago
- Business
- Yahoo
Dollar General CFO Kelly Dilts to depart next month
(Reuters) -Discount store chain operator Dollar General's finance chief Kelly Dilts will step down next month after a little over two years in the role, the company said on Wednesday. Dilts, who had joined the company in 2019, is stepping down effective August 28 to pursue another opportunity. The company has begun a search for her successor, it said in a regulatory filing. In June, Dollar General raised its annual same-store sales forecast as more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
3 days ago
- Business
- Reuters
Dollar General CFO Kelly Dilts to depart next month
July 16 (Reuters) - Discount store chain operator Dollar General's (DG.N), opens new tab finance chief Kelly Dilts will step down next month after a little over two years in the role, the company said on Wednesday. Dilts, who had joined the company in 2019, is stepping down effective August 28 to pursue another opportunity. The company has begun a search for her successor, it said in a regulatory filing, opens new tab. In June, Dollar General raised its annual same-store sales forecast as more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation.
Argaam
08-07-2025
- Business
- Argaam
Al Jouf Cement CEO Abdulkarim Al Nuhayer resigns; Qais Balas named Managing Director
Al Jouf Cement Co. 's board of directors accepted the resignation of CEO Abdulkarim Al Nuhayer during a meeting on July 7, the company said in a statement on Tadawul. The resignation will take effect at the end of Al Nuhayer's contract on Aug. 21, following his decision not to renew. The board also approved the appointment of Qais Balas as Managing Director, effective immediately, through the end of the current board term on Aug. 5, 2027. Balas brings more than 25 years of leadership experience. He previously served as CEO of Manaseer Cement, one of Jordan's largest industrial groups. He also held senior roles, including CFO at GMS Holdings, senior internal auditor at Fastlink, and director of investments and business development at Hikma Pharmaceuticals, a London-listed company, where he demonstrated strong expertise in global markets.
Yahoo
18-06-2025
- Business
- Yahoo
Inside information: Morten Thorsrud to succeed Torbjörn Magnusson as CEO of Sampo Group
Sampo plc, inside information, 18 June 2025 at 9:20 am EEST Inside information: Morten Thorsrud to succeed Torbjörn Magnusson as CEO of Sampo Group Torbjörn Magnusson, the CEO of Sampo Group, has informed the Sampo Board of his intention to retire from his role. Morten Thorsrud, the CEO of Sampo's largest operating entity, If P&C, has today been appointed as his successor. The change in Group CEO will become effective on 1 October 2025, after which Magnusson will stay within the group as a Senior Advisor until 31 December 2025. 'I want to thank Torbjörn for his extraordinary contribution to the success of Sampo, both in leading the recent strategic transformation as Group CEO and in laying the foundations of our outstanding success in the Nordic P&C insurance market. He leaves the group in excellent condition and with a compelling set of opportunities. The appointment of If's CEO Morten Thorsrud as Group CEO represents continuity and reflects our commitment to operational excellence. Morten, who has been within the group for 23 years, has taken If's performance to new heights as CEO. I am delighted to have been able to appoint Torbjörn's successor from a strong set of high-quality internal candidates', says Antti Mäkinen, Chair of the Board of Sampo plc. 'With the strategic transformation of Sampo complete and the business in excellent shape, I have come to the conclusion that it is time for me to hand over to the next generation of leadership. Together with my colleagues, we have achieved more than I could have ever imagined when I joined the group in 1999. Morten has played a crucial role in the success of If P&C and I am confident he will excel as Group CEO of Sampo', says Torbjörn Magnusson, CEO of Sampo Group. 'I am honored to be given the opportunity to lead Sampo. As CEO of If, I have continued our efforts on being the most caring and customer centric P&C insurer and on delivering operational excellence through extensive investments in our digital capabilities. I intend to bring the same energy to my work as CEO of Sampo Group', says Morten Thorsrud, Appointed CEO of Sampo Group and CEO of If P&C Further information about remuneration related matters can be found on SAMPO PLC For more information, please contact Sami Taipalus Head of Investor Relations tel. +358 10 516 0030 Ainomaija Forsell Media Relations tel. +358 10 514 4217 Appendix: Curriculum Vitae of Morten Thorsrud Distribution: Nasdaq Helsinki Nasdaq Stockholm Nasdaq Copenhagen London Stock Exchange FIN-FSA The principal media Appendix: Curriculum Vitae Morten Thorsrud Born 1971 Education Norwegian School of Management - Master of Business and Economics 1996 Career If P&C Insurance Holding Ltd - President and CEO 2019- Sampo plc - Member of the Sampo Group Executive Committee 2006- If P&C Insurance Ltd (publ) - Group Executive Vice President, Head of BA Private 2013-2019 - Head of BA Industrial 2005-2013 - Head of Industrial Underwriting and Claims 2004-2005 - Head of Corporate Strategy 2002-2004 McKinsey & Company, Inc. Norway/Europe - Associate Partner 2001-2002 - Engagement Manager 1999-2001 - Associate 1997-1999 - Junior Associate 1996-1997 Positions of trust Topdanmark - Topdanmark Forsikring A/S: Deputy Chairman 2024– - Topdanmark A/S: Board Member 2019- Hastings Group - Board Member 2020- Euronext - Member of the Supervisory Board 2019- Finance Norway (Finans Norge) - Member of the Executive Committee, 2019- - Other roles, 2013-2019Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
21-05-2025
- Politics
- CNA
Faishal Ibrahim appointed acting minister-in-charge of Muslim affairs in Cabinet reshuffle
SINGAPORE: Associate Professor Muhammad Faishal Ibrahim has been appointed acting minister-in-charge of Muslim affairs, Prime Minister Lawrence Wong announced on Wednesday (May 21) as part of changes to the Cabinet following the recent General Election. The full ministerial post had been held since May 2018 by Mr Masagos Zulkifli, who took over from Dr Yaacob Ibrahim. Mr Wong said Mr Masagos, who will remain minister for social and family development, had advanced many initiatives during his tenure that are now valued and appreciated by the Malay-Muslim community. 'We agreed in our discussion that … it's time to refresh the (Malay-Muslim) leadership and let new and younger office holders take over,' he said, adding that Assoc Prof Faishal was the 'best candidate' for the role. He will be assisted by Senior Minister of State Zaqy Mohamad, who takes over as chairman of the Yayasan MENDAKI self-help group. Mr Wong added that Assoc Prof Faishal, Mr Zaqy and other Malay-Muslim political officeholders – such as Minister of State for Health and Digital Development and Information Rahayu Mahzam, incoming Minister of State for Social and Family Development and Foreign Affairs Zhulkarnain Abdul Rahim, as well as incoming Senior Parliamentary Secretary for National Development and Education Syed Harun Alhabsyi – would work hard to engage the Malay-Muslim community and listen to their concerns and aspirations. Assoc Prof Faishal said he appreciated the faith placed in him, and thanked Mr Masagos for his work over the past seven years, including the development of a new Islamic college in Singapore. 'Some of these programmes, I will continue and strengthen,' he said, adding that he has been involved in the community for close to 30 years. Engaging widely and deeply with the community has been useful in rallying it to do good and contribute to society, he said. Assoc Prof Faishal added that the Malay-Muslim community has received much support, and he reflected on how this was true even after the foiled 2001 bomb plot by the Jemaah Islamiyah (JI) militant group. At the time, Senior Minister Teo Chee Hean told grassroots leaders that Singaporean Malay-Muslims were part of the social fabric and not like JI members. 'I was really touched, and I told myself, not many countries would have that kind of position and that kind of care for the people,' said Assoc Prof Faishal, who was then serving as a community leader. 'This is something that is quite deep in my heart and mind. 'With this role, I want to rally the community to come together, to work together, help one another, not only to build and help to raise our young children and to provide opportunities for growth in the community; but also to contribute to the Singapore story.' Assoc Prof Faishal will also be promoted to Senior Minister of State for the Ministry of Home Affairs, but will no longer hold a position in the Ministry of National Development, where he had been a Minister of State since July 2020. In response to a question about the to-do list for Assoc Prof Faishal, Mr Wong said the starting point was continuing engagement, to better understand the community's concerns and aspirations. Some of the concerns are not unique, but there are also times when there will be disagreements, he said. 'That's bound to happen, but I think our differences and our diversity should not weaken us,' said Mr Wong. Instead, Singapore should find ways to forge consensus and become more united. 'Embrace our diversity, find, expand the common ground we have as Singaporeans, and through that sense of solidarity and unity, have confidence in Singapore's future,' he said.
