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Martin Skov Hansen to Transition from Deputy CEO to Everfuel Board of Directors

Herning, Denmark, 30 October 2024 – Martin Skov Hansen has announced his departure as Everfuel’s Deputy Chief Executive Officer in preparation for his nomination and anticipated appointment to the Board of Directors. Since joining Everfuel as Deputy CEO in January 2023, Hansen has played a crucial role in the company’s growth, focusing on organizational development, human resources, and the refinement of core business operations and internal systems.

Hansen’s involvement with Everfuel dates back to its founding, where he initially served as a member of the Board. He is expected to officially transition to the Board following the upcoming general assemblies, continuing to contribute his extensive industry knowledge and experience in this new capacity.

Jacob Krogsgaard, Everfuel’s founder and CEO, highlighted Hansen’s impact on the organization, noting that his leadership and strategic expertise have been instrumental in Everfuel’s advancement. Krogsgaard expressed appreciation for Hansen’s commitment to Everfuel’s mission and his intent to further support the company’s direction as a board member.

Effective October 30, 2024, Hansen will formally step down from his role as Deputy CEO. To ensure a seamless handover, he will continue supporting the transition of responsibilities to CEO Jacob Krogsgaard for the remainder of the year. Everfuel has confirmed there will be no replacement for the Deputy CEO position.

This announcement follows disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.

Everfuel, based in Herning, Denmark, develops and operates green hydrogen infrastructure, partnering with industry leaders and vehicle manufacturers to create an integrated hydrogen supply chain for enterprise customers through long-term contracts. Utilizing 100% renewable solar and wind energy, Everfuel’s green hydrogen supports Europe’s transition to a decarbonized industrial and transportation landscape. The company has operations in Denmark, Germany, and the Netherlands and plans to expand across Europe. Everfuel is publicly listed on the Euronext Growth market in Oslo under the ticker symbol EFUEL.

 

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CEOWORLD magazineLatestBanking and FinanceMartin Skov Hansen to Transition from Deputy CEO to Everfuel Board of Directors


Here are the 7 CEOs who have taken the helm of Atos since 2021.

Last week, the French multinational IT services company Atos appointed Philippe Salle as its new CEO, marking the seventh leadership change in just three years. His role will become effective from 1 February 2025. Jean-Pierre Mustier will act as CEO until January 31, 2025, and will remain a member of the Board of Directors, ensuring an orderly, constructive, and effective transition.

Jean-Pierre Mustier, Chief Executive Officer of Atos, said: “ I am delighted to welcome Philippe Salle to the Board. Philippe Salle is a highly experienced executive whose qualities and expertise in leading blue-chip companies will be a crucial asset as Atos looks to the future. He also has an extensive track record in creating shareholder value. We will work closely together to ensure a smooth transition and the effective deployment of the Group’s business and restructuring plan, in the interests of all stakeholders.”

Philippe Salle, Chairman of the Board of Directors of Atos, said: “It is with great enthusiasm and conviction that I join the Atos Group. I am aware of the challenges that lie ahead, but also of the Group’s strengths, from the quality of its services to the ongoing commitment of its employees, which will enable us, together, to open a new chapter in the Group’s history.”

Atos has had seven different CEOs over the past three years.

  1. Elie Girard (2019–October 2021): Élie Girard became the CEO of Atos in November 2019, succeeding Thierry Breton who left to join the European Commission. During Girard’s tenure, the company prioritized digital transformation and growth. However, due to financial underperformance and missed strategic targets, Girard left his position in October 2021.
  2. Rodolphe Belmer (January 2022–July 2022): Rodolphe Belmer was appointed to replace Elie Girard in January 2022. However, his leadership was short-lived, lasting only six months. Belmer resigned in July 2022, citing difficulties in implementing the company’s restructuring and growth plans. His exit marked the first of several rapid leadership changes.
  3. Nourdine Bihmane (July 2022–October 2023): After Belmer’s departure, Nourdine Bihmane, a long-serving Atos executive, was appointed CEO. Bihmane aimed to steer the company through its restructuring and improve performance, but the company’s challenges persisted. He held the position until October 2023.
  4. Yves Bernaert (October 2023): Yves Bernaert took over from Bihmane in October 2023, but his time as CEO was fleeting. Bernaert resigned shortly after, reportedly due to “differences in opinion” over the strategic direction of the company.
  5. Paul Saleh (October 2023–July 2024): Paul Saleh, who had been serving as the Group CFO of Atos since August 2023, was appointed CEO following Bernaert’s departure in October last year. In his position, he was tasked with overseeing Atos during a critical restructuring phase, including the planned sale of its Tech Foundations business and Big Data & Security (BDS) division.
  6. Jean-Pierre Mustier (July 2024-present): Pierre Mustier, the former CEO of UniCredit, was brought in to head up the firm earlier this year. As CEO, he assumed a more executive role, concentrating on guiding the company’s strategic direction and overseeing its 95,000 employees across offices in over 60 countries.
  7. Philippe Salle (February 2025): Salle is poised to take over from Jean-Pierre Mustier, who has been the CEO of Atos since July 2024. Mustier initially joined the company as chairman in October 2023. Salle’s most recent position was CEO of Emeria, a real estate technology and services group. He also has extensive experience in IT consultancy, having previously served as the CEO of Altran Group, which was later integrated into Capgemini. Jean-Pierre Mustier will act as Chief Executive Officer of the Company until January 31, 2025.

Who is Philippe Salle?

Philippe Salle has had an illustrious career, starting with Total in Indonesia in 1988 and subsequently holding key positions at Accenture, McKinsey, Vedior Group (now Randstad), and Geoservices group before assuming the role of Chairman and CEO of Altran Group and later the Elior Group. His impressive track record includes leadership roles at various esteemed companies, and he continues to serve on the boards of Viridien and Banque Transatlantique. Philippe Salle is a distinguished graduate of the Ecole des Mines de Paris and holds an MBA from the Kellogg Graduate School of Management, Northwestern University. Additionally, he has been honored with prestigious titles, including Chevalier de l’ordre national du Mérite, Chevalier de la Légion d’honneur, and Commandeur de l’ordre du Mérite de la République italienne.


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CEOWORLD magazineLatestBanking and FinanceHere are the 7 CEOs who have taken the helm of Atos since 2021.


CBH Compagnie Bancaire Helvétique Appoints Enid Yip as CEO of CBH Asia Amid Regional Expansion

Swiss private banking group CBH Compagnie Bancaire Helvétique SA has appointed Enid Yip as the new CEO of its Hong Kong-based subsidiary, CBH Asia. In addition to her role as CEO, Yip will lead the Asia Regional Committee, further supporting the group’s strategic goal of strengthening its presence in the region, as highlighted in a recent statement from the bank.

Patrick Wong, who has been overseeing CBH’s Asia business since 2017, has been promoted to Deputy CEO. Wong will continue to oversee operations, regulatory compliance, and IT, while Yip’s focus will be on enhancing client offerings and driving business development that is aligned with CBH’s long-term strategy for Asia.

With more than 25 years of experience in developing wealth management firms in Asia, Yip brings considerable expertise to her new role. She most recently served at LGT, and previously, she was a board member at Bank J. Safra Sarasin, where she held the position of CEO for Asia, overseeing the bank’s regional growth. Her earlier career includes various senior roles within the private banking sector.

Simon Benhamou, CEO of CBH Bank, expressed confidence in Yip’s appointment, stating that her vast experience and leadership abilities would be pivotal for CBH’s continued growth in Asian markets. Yip shared her vision, emphasizing her commitment to expanding CBH’s footprint in Asia by leveraging the bank’s established expertise while continuing to deliver value for clients and stakeholders.

Founded in 1975, CBH Compagnie Bancaire Helvétique is a family-owned Swiss banking group headquartered in Geneva. As of December 31, 2023, the group managed client assets totaling $16.5 billion, with a Tier 1 capital ratio of 43%. CBH Group offers wealth management services to both private and institutional clients, along with family office solutions, asset services, private market expertise, and tailored banking and card solutions, employing around 309 professionals across ten global locations.

 

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CEOWORLD magazineLatestBanking and FinanceCBH Compagnie Bancaire Helvétique Appoints Enid Yip as CEO of CBH Asia Amid Regional Expansion


Prudential Financial Names Jacques Chappuis as Incoming CEO of PGIM

Prudential Financial has announced that Jacques Chappuis, former co-head of Morgan Stanley Investment Management, will assume the role of chief executive officer of PGIM on May 1, 2025. Chappuis will succeed David Hunt, the current CEO, who will be retiring after a 13-year tenure in which PGIM’s assets under management grew from $619 billion to an impressive $1.4 trillion.

In his new role, Chappuis will report directly to Andrew Sullivan, head of international businesses and global investment management at Prudential Financial. Sullivan noted Chappuis’s dedication to client relationships, his leadership in acquisitions, and his extensive experience across public and private market solutions. Sullivan emphasized that Chappuis’s background would position him well to help PGIM explore new markets, develop innovative products, and offer diversified asset solutions to fuel the company’s continued growth.

The leadership transition occurs amid significant consolidation within the asset management industry as firms increasingly focus on expansion in alternative and private assets.

Chappuis expressed enthusiasm about joining PGIM, recognizing the firm’s expertise in both public and private markets as a strong foundation for meeting clients’ unique, long-term investment needs. He conveyed his eagerness to build on PGIM’s achievements and drive future successes.

Before his time at Morgan Stanley, Chappuis held senior roles at Carlyle and Citigroup, further solidifying his credentials in the investment management sector.

 

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CEOWORLD magazineLatestBanking and FinancePrudential Financial Names Jacques Chappuis as Incoming CEO of PGIM


Latitude Appoints Aurélie Bressollette as CEO to Drive Growth Ahead of First Rocket Launch

French launch vehicle startup Latitude has brought on Aurélie Bressollette, an industry veteran, as its new chief executive as the company approaches its first launch. The announcement, made on Nov. 5, notes that Bressollette succeeds Stanislas Maximin, the company’s co-founder, who will transition to the role of executive chairman.

Bressollette joins Latitude from Rivada Space Networks, where she held the position of vice president of the procurement office. Her experience spans multiple prominent companies, including Redwire, OHB System, and Airbus.

Maximin shared in an interview that he brought Bressollette on board to take over the company’s day-to-day operations, given Latitude’s growth trajectory. Reflecting on his journey as founder, he explained the necessity of delegating key responsibilities, noting that he had already transitioned out of previous roles, such as chief financial officer and salesperson. He elaborated that he found himself trying to juggle the full-time demands of both chief executive duties and strategic and fundraising efforts. The board, he noted, had agreed on the need for a CEO nine months prior and ultimately saw in Bressollette a fitting choice.

For her part, Bressollette explained that she was not initially seeking a position like this. However, after discussions with Maximin, she recognized that Latitude was an ideal fit. She noted that her contributions are particularly relevant now, as Latitude moves from early development into an industrialization phase that requires efficient structuring without heavy bureaucracy.

Based in Reims, France, with a team of 140, Latitude is developing Zephyr, a small launch vehicle intended to carry up to 200 kilograms to low Earth orbit. Maximin shared that the company expects to receive flight hardware this week for the first Zephyr rocket, which is set for a series of engine hot-fire tests later this year. If all goes as planned, the first orbital launch attempt is targeted for late 2025.

Bressollette emphasized the importance of maintaining this timeline while preparing for the transition to production, stressing a need for integrated teamwork between engineers and production teams to support growth.

In his new role, Maximin will focus on securing additional funding. Having raised $30 million in a Series B round in January, he noted that Latitude aims to maintain a lean operation and avoid excessive expansion. The current funding will support the first test launch, though additional funds will be necessary for production scaling. By then, he anticipates that established contracts will make the process smoother, though not without its challenges.

 

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CEOWORLD magazineLatestBanking and FinanceLatitude Appoints Aurélie Bressollette as CEO to Drive Growth Ahead of First Rocket Launch


Westpac Appoints Peter Herbert as Acting CEO of Business and Wealth

Westpac has announced the appointment of Peter Herbert as acting CEO of its business and wealth division, effective from November 5. Herbert, currently serving as chief operating officer for the same division, will take over from Anthony Miller, who is set to assume the role of Westpac CEO on December 16.

Herbert joined Westpac in 2020 following an 18-year career at HSBC, where he held various senior positions, including chief operating officer of retail banking and wealth management in the Asia Pacific region. His appointment is temporary, and a global search is being conducted to find a permanent CEO for the business and wealth division.

Westpac’s chief executive, Peter King, highlighted Herbert’s leadership qualities, noting that he had fostered a culture of innovation since joining the bank. King expressed confidence that Herbert’s leadership would provide stability and continuity during the transition period as Miller prepares to step into King’s role later this year.

King also noted that the change would allow Miller to spend time with him during the handover before formally starting as CEO.

 

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CEOWORLD magazineLatestBanking and FinanceWestpac Appoints Peter Herbert as Acting CEO of Business and Wealth


Peter Stern Steps into CEO Role at Peloton, Setting Vision for Growth and Innovation

Peloton Interactive, Inc. has announced the appointment of Peter Stern, a distinguished leader with extensive experience at major brands like Apple, Ford, and Time Warner Cable, as its new CEO and President, effective January 1, 2025. The company anticipates Stern’s appointment to its Board in the near future.

Board Chair Jay Hoag expressed the Board’s confidence in Stern’s potential to drive the company forward, emphasizing his strategic mindset and expertise in technology-driven growth. Stern, Hoag noted, possesses deep knowledge of the health and wellness industry and aligns with Peloton’s core values, including collaborative leadership and a commitment to action. Hoag added that the Board is optimistic about the future Stern will help shape for Peloton, its members, and stakeholders.

Peloton’s Board outlined several key qualities it sought in its next leader: familiarity with the brand, a passion for wellness, operational savvy in subscription-based businesses, and an innovative mindset. Stern, a Peloton member since 2016 and co-founder of Apple Fitness+, met all these criteria. His professional journey includes leadership across hardware, software, content, and services – essential areas for Peloton’s mission to deliver engaging, transformative fitness experiences.

Reflecting on his appointment, Stern shared his enthusiasm for the opportunity to contribute to Peloton’s growth. He expressed his commitment to promoting healthier lifestyles, partnering with Peloton’s leadership team, and connecting with the company’s valued instructors and team members. Stern also thanked the Board for entrusting him with this significant role, underscoring his dedication to enhancing the Peloton experience.

Jay Hoag also extended gratitude to Karen Boone and Chris Bruzzo, who served as Interim Co-CEOs and Co-Presidents, ensuring stability during the search process. With Stern’s arrival, Boone will continue as Interim CEO until the end of the year, while Bruzzo will transition back to his role as a Board member.

Peloton also released its first-quarter financial results for 2025. For more information, please visit Peloton’s investor relations website.

In addition to his new role at Peloton, Stern, 52, is currently President of Ford Integrated Services. His tenure at Ford has been marked by oversight of several subscription services and digital product teams. Before Ford, Stern served as Vice President of Services at Apple, where he directed various high-profile projects, including Apple TV+, iCloud, and Apple Fitness+. Stern’s background includes leadership positions in product and marketing at Apple and Time Warner Cable, along with an early career as a consultant with McKinsey & Co. Stern holds a JD from Yale Law School and a bachelor’s degree in Music and English from Harvard University.

 

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CEOWORLD magazineLatestBanking and FinancePeter Stern Steps into CEO Role at Peloton, Setting Vision for Growth and Innovation


Dollar Tree CEO Rick Dreiling Steps Down Amid Challenges for Discount Giant

Dollar Tree, a major player in the discount retail industry, announced on Sunday that CEO and chairman Rick Dreiling has officially resigned. After joining the company as executive chairman in March 2022, Dreiling cited personal reasons for his departure, noting that recent health concerns prompted him to shift his focus toward his own well-being and his family.

This year has been particularly rough for Dollar Tree, which also owns Family Dollar, as the company’s shares have nosedived by over 50%. In a revised forecast this September, Dollar Tree attributed its financial difficulties to “immense pressures” affecting low- and middle-income consumers. Once riding a wave of rapid expansion to serve these customers, Dollar Tree now faces growing competition from retail giants like Walmart, along with setbacks from various strategic missteps.

Following Dreiling’s departure, Michael C. Creedon, Dollar Tree’s COO, has been appointed as interim CEO, with Edward J. Kelly stepping into the role of chairman. The company is actively searching for a permanent CEO and exploring potential “strategic alternatives” for its Family Dollar chain—a review that could result in selling or spinning off the brand. Dollar Tree had acquired Family Dollar in 2015 for $8.5 billion, aiming to broaden its market reach, but the venture has fallen short of expectations. By early 2024, over 900 Family Dollar locations had shuttered in response to continued financial struggles.

 

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CEOWORLD magazineLatestBanking and FinanceDollar Tree CEO Rick Dreiling Steps Down Amid Challenges for Discount Giant


Icona Capital Acquires Cromwell’s European Platform via Stoneweg, Doubles Real Estate Aum to €8 Billion

Icona Capital, a leading alternative investment company, has entered into a binding agreement with Cromwell Property Group to acquire their European fund management platform and associated co-investments via Stoneweg, a real estate manager, which totals up to €3.9 billion of real estate assets under management, for a total consideration of €280 million, this includes:

  • 100% interest in Cromwell Europe Limited
  • 27.8% unitholding in CEREIT, a real estate investment trust listed in Singapore with a €2.2billion portfolio
  • 100% interest in the Singapore-based Manager of CEREIT
  • 50% interest in the Cromwell Urban Italy Logistics Fund

The enlarged group led by Icona’s founder and current CEO, Max-Hervé George (Stoneweg Strategic Shareholder), Stoneweg’s co-founders, Jaume Sabater (CEO) and Joaquin Castellvi (Head of Acquisitions) will manage €8 billion in assets, providing equity and debt investment and development expertise in the residential, light industrial, logistics, hospitality, office, and cultural and leisure sectors across 15 European countries. The combined platform will continue to operate as Stoneweg.

In total, across a mix of core, core+ and value-add funds and mandates, Cromwell’s European platform comprises over 160 assets and 1,600 tenants, with 14 local offices in 12 European countries.

This transformational transaction will build on the strengths and strong track records of both Icona Capital and Cromwell Europe to create a leading European real estate business, with diverse and substantial capital relationships and product offerings.

Max-Hervé George, Founder & CEO of Icona Capital, commented: “Icona joined Stoneweg as a strategic shareholder and investor in 2022, with the clear objective of building the business into a leading global real estate player. We are thrilled to have participated in this transformative transaction, which lays the foundation for both Icona and Stoneweg to achieve this goal by expanding our market presence and deepening our partnership.”

“This milestone will create a real estate powerhouse in Europe, combining deep market insights with a broad geographic footprint. Our shared expertise enables us to deliver unique investment opportunities that will significantly enhance the dynamism of the European real estate markets. With Cromwell’s robust platform, Stoneweg’s innovative strategies, and our financial strength, we are positioned to drive our transformation into a leading global real estate player.”

The transaction remains subject to customary closing conditions and adjustments, including approval by the Monetary Authority of Singapore and the Commission de Surveillance du Secteur Financier in Luxembourg as well as debt change of control consents or waivers. Completion is expected to occur in the forthcoming months.

Swiss Bank and Stoneweg’s shareholder, CBH Compagnie Bancaire Helvétique SA acted as Financial Advisor to the buyer for the transaction.

Stoneweg is a real estate asset manager and investment advisory group established in 2015 and headquartered in Geneva. It identifies real estate opportunities, structures investment products and manages dedicated mandates in Europe and the US. The Group relies on local operating teams to identify, develop and manage real estate investments around the World. To date, Stoneweg has invested more than €5 billion in real estate in various sectors including residential, commercial, logistics and hospitality.

Icona Capital Group, founded by Max-Hervé George, operates in various sectors, including Data Centres, Real Estate, Credit, and the Financial Sector. Icona has more than €2.5bn of gross AUM across different business segments. Icona Capital’s investment strategies are grounded in thorough research, in-depth first-hand knowledge, and the ability to efficiently implement strategies to maximize the greatest return potential. By keeping a keen eye on emerging opportunities and a highly skilled and coordinated team, Icona Capital’s activities stretch across Europe, covering different key capabilities.


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CEOWORLD magazineLatestBanking and FinanceIcona Capital Acquires Cromwell’s European Platform via Stoneweg, Doubles Real Estate Aum to €8 Billion


Jeff Jones to Step Down as CEO of The Beatles’ Apple Corps Ltd After 17 Years

Jeff Jones will step down as the CEO of Apple Corps Ltd, the company announced on Monday, following 17 years in the role. Apple Corps Ltd, founded by the Beatles in 1968 to manage the band’s interests in music, film, publishing, and other ventures, has seen Jones at the helm since 2007. His final major project as CEO was leading the 2023 release of the last Beatles song, “Now and Then.”

Before joining Apple Corps Ltd, Jones served as an executive vice president at Sony/BMG. In a statement, the company conveyed its best wishes to Jones, expressing sincere gratitude for his invaluable contributions to both the company and the legacy of the Beatles.

 

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CEOWORLD magazineLatestBanking and FinanceJeff Jones to Step Down as CEO of The Beatles’ Apple Corps Ltd After 17 Years