Category: News

Why DO you hire from degree selling schools ?

  Recently I came across a news article in a reputed daily about a leading IT company having placed a mandate with some manpower firms to help them source non engineering candidates for IT roles. The mandate involves preliminary training of the candidates and subsequent placement.

Mondelez International Nominates Ratan N. Tata to Board Of Directors

Mondelez International, Inc. (NASDAQ:MDLZ) has announced the nomination of Ratan N. Tata to its Board of Directors. Tata, 75, is Chairman of the Tata Trusts, which are among the largest private sector philanthropic trusts in India. "Ratan is an outstanding candidate for our Board," said Chairman and CEO Irene Rosenfeld. "A global citizen and accomplished…

JC Penney CEO pay slashed by over 96 % in 2012

This story is going to place a smile on those who crib about the ever rising CEO pay, despite a gloomy market and a poor performance of many business across the globe. A leading American Retailer, J C Penney has reduced its CEO’s compensation by over 96 % for the year 2012.  This has been…

ShopRunner Appoints Scott Simmons as COO and CFO

    ShopRunner,  has appointed Scott Simmons as its chief operating and financial officer (COO/CFO). With over a decade’s experience in the eCommerce industry, Scott joins ShopRunner after most recently serving as president of NexTag Inc., a leading global eCommerce services company. "Scott brings an impressive combination of executive and financial leadership skills to ShopRunner,…

Akamai Appoints James Gemmell as Chief Human Resources Officer

  James Gemmell  has been appointed  as Chief Human Resource Officer for Akamai. Genmmell, is a former Cisco executive and he brings over 25 years of global HR experience within high-growth organizations.  Gemmell will lead Akamai’s global HR strategy including employee development, talent acquisition, inclusion and diversity, and compensation and benefits. He will report to…

Dr. Reddy’s appoints GV Prasad as Chairman and Satish Reddy as Vice-Chairman of the Company

Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) today announced that based on the recommendations of the Nomination, Governance and Compensation Committee, its Board of Directors have appointed GV Prasad, presently Vice-Chairman and CEO as the “Chairman and CEO” and Satish Reddy as “Vice-Chairman” in addition to his present role of Managing Director and COO, effective from…

DMRC appoints Anoop Kumar Gupta as Director (Electrical)

DMRC (Delhi Metro Rail Corporation Ltd.) has appointed Anoop Kumar Gupta as Director (Electrical). Anoop, takes over from Satish Kumar, who retired on 31st March, 2013. His appointment is effective 1st April 2013. Before assuming charge, he was working as Chief General Manager and was heading the electrical maintenance wing of the company for the…

Ricoh Expands New Business Creation in Silicon Valley

  Ricoh Company, Ltd. will restructure its subsidiary, Ricoh Innovations, Inc. (“RII”) as Ricoh Innovations Corporation (“RIC”) effective April 1, 2013. The company’s charter as a research center developing innovative technologies will be expanded to include the development of new businesses worldwide applying advanced information technology. RII was founded in 1997 as a subsidiary of…

D Shiv Kumar quits Nokia

D Shiv Kumar, has quit Nokia after a 8 year stint with the company. He recently holds the role of Operations Head role for for India, Middle East and Africa, based at Dubai.  He will continue in his present role till June 2013.   He was elevated to this role in October 2011 as a part…

AstraZeneca to reduce global head count by over 5000 between 2013 – 2016

    AstraZeneca has come out with its list of strategic priorities while the company plans a return to growth and achieve scientific leadership. The actionables  being announced during the investors day briefing , introduces a series of measures that would lead to efforts and resources getting rightfully directed towards the businesses priority growth platforms…