Executives on the Move -- Weekly Wrap-Up
06 Juillet 2018 - 10:29PM
Dow Jones News
By Nishant Mohan
Here are some notable executive position changes announced by
companies within the last week:
July 2
Travel-software company Sabre Corp. (SABR) named Doug Barnett
chief financial officer beginning July 23. Coming from CFO
positions at TriZetto Corp. and UGS Corp., Barnett will succeed
Rick Simonson, who announced his retirement from the position
earlier this year.
Swedish property company Hemfosa Fastigheter AB (HEMF.SK) named
Peter Anderson to succeed Karin Osslind as chief financial officer.
Anderson was previously finance director at another listed property
company, Kungsleden AB, and will begin his new position by
November.
July 3
Domain Holdings Australia Ltd. (DHG.AU) named Google executive
Jason Pellegrino as chief executive of the real-estate company,
which spent 6 months with the position vacant.
Barnes & Noble Inc. (BKS) fired Chief Executive Demos
Parneros, citing undisclosed company policy violations. Chief
Financial Officer Allen Lindstrom will share chief executive duties
with other current executives until a replacement is hired.
July 4
James Boyle, Deutsche Bank AG's (DB) head of equities for the
Asia-Pacific region, plans to leave the bank, according to a
memo.
French copper and fiber-cable company Nexans (NEX.FR) named
Christopher Guerin as chief executive. Mr. Guerin was promoted from
senior executive vice president.
July 5
German steel conglomerate ThyssenKrupp AG (TKA.XE) announced the
resignation of its chief executive, Heinrich Hiesinger. Mr.
Hiesinger, who had been in the position since 2011, resigned days
after the company agreed to merge its steel business with Tata
Steel.
ZTE Corp. (000063.SZ, 0763.HK) named Xu Ziyang as chief
executive of the Chinese telecommunications company. The new chief
and other new executive hires follow the resignation of the
company's board of directors as conditions for the U.S. government
to lift a ban on the purchase of American-made parts. The company
has experienced billions of dollars in losses since the sales ban
was imposed in April.
July 6
Caesarstone Ltd. (CSTE) named Yuval Dagim as chief executive of
the Israel-based maker of engineered quartz surfaces. Mr. Dagim
comes from the same position at Shikun & Binui Ltd. He will
succeed interim Chief Executive Yair Averbuch.
Write to Nishant Mohan at nishant.mohan@wsj.com
(END) Dow Jones Newswires
July 06, 2018 16:14 ET (20:14 GMT)
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