XBiotech Adds Jan-Paul Simard as Co-CEO Alongside Shivaswamy
XBiotech's board has named Simard co-chief executive next to Dr. Sushma Shivaswamy, who has led the Austin antibody developer since the founder retired in December 2025.
Leaders & Executives
KenGen Picks Commercial Chief Ronoh Kibet Charles as Next CEO
Kenya's power producer KenGen will hand over to its commercial services head on February 1, 2027, when Peter Njenga retires.
Amex to cut 5% of staff and trim management layers
American Express will eliminate about 5% of its global workforce and take a $336 million charge, saying it wants a leaner structure before it automates more work.
LKQ Replaces Its CEO and Pulls Guidance After a Weak Europe
The auto parts group named Salvatore Abbate chief executive, effective Dec. 15, and withdrew its 2026 outlook after a third-quarter shortfall in Europe.
Only 9% of CEOs call AI agents transformational, KPMG finds
KPMG's 2026 CEO Outlook shows executives investing heavily in AI while most describe the effect of agents as moderate or significant rather than transformational.
CSL picks ViiV chief Deborah Waterhouse as its next CEO
CSL Limited has appointed Deborah Waterhouse, head of ViiV Healthcare since 2017, as Chief Executive Officer and Managing Director from 1 February 2027.