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GoAir CEO Vrieswijk quits within nine months

Thursday, February 14, 2019, 12:44 PM

Budget carrier GoAir said its Chief Executive Officer Cornelis Vrieswijk has resigned from the post within nine months, citing personal matters. The Dutch national had joined GoAir last June following the departure of Wolfgang Prock-Schauer. Managing Director Jeh Wadia will be discharging additional responsibilities of the CEO till it finds a successor to Vrieswijk, GoAir added.
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Chanda Kochhar hires lawyer to launch defence

Friday, February 1, 2019, 7:56 AM

Former ICICI Bank chief executive Chanda Kochhar has hired services of securities law expert Somasekhar Sundaresan to launch a-defence against charges that she violated bank's code-of-conduct and clawback of financial-benefits she is entitled to in her nine-years at bank's helm. The Srikrishna Committee has found Kochhar to be in violation of ICICI code of conduct in dealing with conflict of interest and fiduciary duties.
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Intel makes interim CEO Swan permanent, bucking history of insiders

Friday, February 1, 2019, 7:08 AM

Intel Corp made interim Chief Executive Officer Robert Swan's role permanent marking the first time the chipmaker has picked a leader who did not rise through the company ranks, sending Intel shares down and boosting rivals. Swan, 58, who was previously Intel's chief financial officer, served as eBay Inc's CFO for nine years before a stint in private equity and joining Intel in 2016.

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