Standard Chartered named JPMorgan Chase’s former blockchain unit leader to oversee its payments business. Naveen Mallela will become the bank’s global head of payments starting May 4, according to a Wednesday (March 4) press release. He will be based in Singapore. “In his role, Naveen...
Labor marketplace WorkWhile has named a new CEO as it expands into “worker-focused” financial services. Simon Khalaf, former chief executive of Marqeta and a longtime WorkWhile board member, will now lead the company, WorkWhile announced Wednesday (Feb. 25). Co-founder Jarah Euston will become company president...
Last year, the Competition and Markets Authority, the United Kingdom’s antitrust watchdog, chose former Amazon executive Doug Gurr as its interim chair. Now, the CMA wants Gurr in the top leadership role permanently, according to a Monday (Feb. 23) press release. “Following a hugely successful...
Digital finance provider Currency.com has picked Alexander Kravets as its U.S. CEO. With this appointment, the company said Monday (Feb. 16), Kravets will oversee Currency.com’s operations in the U.S. and its continued expansion in the American financial market. “The appointment comes amid increasing regulatory clarity...
Grocery giant Kroger named former Walmart executive Greg Foran as its new CEO. Foran took the job Monday (Feb. 9) and succeeds Ron Sargent, who had been acting as the company’s interim CEO since March, Kroger said in a Monday news release. “Greg is a...
PayPal sprang a surprise on investors Tuesday morning (Feb. 3), unveiling a CEO change during the company’s fourth-quarter earnings call. PayPal said it has named Enrique Lores to lead the next phase of its strategy, replacing Alex Chriss as the board presses for faster execution...
OnePay, the consumer financial-technology platform backed by retail giant Walmart, appointed Patrick O’Connell as its new chief financial officer last week, according to a Thursday (Jan. 29) press release. O’Connell joins the company from AMC Networks, where he has served as executive vice president and...
Amazon’s job cuts announced this week delivered another blow to the tech labor force in the company’s headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan. 30). The 16,000 layoffs included 1,400 in Seattle and 700 in the suburb of Bellevue, according to the report....
Walmart’s appointment of John Furner as its new CEO signals that the retailer intends to expand its digital footprint, Bloomberg reported Friday (Jan. 30). Furner, who currently leads Walmart US, will become CEO of Walmart Inc. on Sunday (Feb. 1), replacing current CEO Doug McMillon,...