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Top related persons:
Let's - 1 CNN's Chris Licht - 1 — - 1 Jack Welch - 1 CNN's - 1 Chris Licht - 1 Licht - 1 Matthew Furlong - 1
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Corporate - 1 Service - 1 General Electric - 1 Observers - 1 GameStop - 1 Google - 1 Farmers Group - 1

Search resuls for: "Jack Bowles"


3 mentions found


☆ Who wants to be a CEO right now?
  + stars: | 2023-06-09 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Let's be real: Being a CEO sucks right now. But 2023 has brought a level of scrutiny that makes being a CEO today a nightmare for even the toughest leader. CNN's former chief Chris Licht stepped down on Wednesday after less than a year, following intense criticism from inside and outside his newsroom. Meme stock company GameStop fired its CEO Matthew Furlong on the same day as Licht, also after a short tenure. At the low point of a boom-and-bust cycle where high interest rates and high expectations reign supreme, being a CEO sucks.
Persons: Let's, CNN's Chris Licht, —, Jack Welch, CNN's, Chris Licht, Licht, Matthew Furlong, Jeff Shell, Jack Bowles, Patience, Matt Turner, Raul Vargas Organizations: Corporate, Service, General Electric, Observers, GameStop, Google, Farmers Group Locations: freefall, British
☆ BAT names finance director Marroco as CEO as Bowles bows out
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +1 min
May 15 (Reuters) - British American Tobacco (BATS.L) appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco firm since 1992 and was appointed to the board in 2019. "Having been at the centre of the formulation of this strategy, I am convinced that this is the right strategic path for BAT," Marroco said in a statement. Director Javed Iqbal will be interim finance director while the group looks for a permanent replacement for Marroco, the company said. Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
☆ Tobacco companies pay over $600 million to settle alleged sanctions violations with North Korea
  + stars: | 2023-04-25 | by ( Hannah Rabinowitz | ) edition.cnn.com   time to read: +3 min
CNN —Two tobacco companies have agreed to pay over $600 million to US authorities over allegations that the companies were selling tobacco products to North Korea in violation of US sanctions. Separately, the Justice Department charged a North Korean banker and two Chinese nationals with helping to facilitate tobacco sales in North Korea, according to court documents. BATMS and the North Korean Tobacco Company — owned by the North Korean Government — created a joint enterprise in 2001 to manufacture BAT cigarettes within North Korea for domestic sale, according to the Justice Department. That arrangement continued past 2009, when the US Treasury Department placed additional sanctions on North Korean banks. According to court documents, North Korea would use Chinese companies to process payments between the country and a front company of BATMS to obfuscate the payments.
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