Latest Business News
Colliers reshuffles top leadership ahead of executive retirement
Christian Mayer and Elias Mulamoottil were promoted to expanded global leadership roles as Colliers reorganizes its senior team before Chris McLernon’s retirement. Mayer becomes global CFO and CEO of commercial real estate, while Mulamoottil becomes global CIO and CEO of engineering.
CBRE hires McKinsey veteran Anuj Kadyan for technology transformation role
CBRE said Anuj Kadyan will join as chief technology and transformation officer, bringing more than 17 years of experience advising AI, cloud, and technology companies at McKinsey. The move underscores how real estate firms are prioritizing digital transformation and AI-driven operating models.
5N Plus names Alban Fournier CFO in succession plan
5N Plus appointed Alban Fournier as its new chief financial officer as part of a broader leadership transition. Richard Perron is moving from CFO to president and CEO, while Gervais Jacques shifts to executive chair.
Conference Board appoints Gillian Riley to lead Canadian operations
The Conference Board has named Gillian Riley as head of its Canadian operations, and she began in the role on April 6. The appointment signals continued emphasis on leadership continuity in the policy and business research sector.
SLC Management appoints Sonny Kalsi as president and CEO
SLC Management announced Sonny Kalsi as its new president and CEO. The appointment places a seasoned investment executive at the helm as the firm continues to scale its asset-management platform.
La Caisse hires Emmanuelle Leclerc-Granger as chief financial and information officer
La Caisse brought in Emmanuelle Leclerc-Granger as executive vice-president and chief financial and information officer. The hire combines finance and technology oversight, reflecting increasing convergence between capital allocation and information systems.
Innergex promotes Jean Trudel to president and CEO
Innergex elevated Jean Trudel to president and chief executive officer. The promotion follows a broader pattern of leadership changes across infrastructure and renewable-energy companies.
Hillcore Industrial names Kevin Fleury CEO and Alan Hartslief CFO
Hillcore Industrial appointed Kevin Fleury as chief executive officer and Alan Hartslief as chief financial officer. The changes add fresh leadership as industrial firms navigate capital investment and operating-cost pressures.
Ray Wong joins Newmark from Altus Group
Well-known analyst Ray Wong has moved to Newmark from Altus Group. The transition is notable in the real-estate analytics space, where talent shifts can influence market coverage and client relationships.
1Valet appoints Demetrios Barnes as president and CEO
Smart-building technology company 1Valet named Demetrios Barnes as president and CEO. The appointment comes as property technology companies compete to scale building automation and tenant-experience tools.
Brookfield Asset Management appoints Connor Teskey as CEO
Connor Teskey has been named CEO of Brookfield Asset Management. The move is one of the most significant leadership updates in global alternative asset management and may shape the firm’s future capital deployment strategy.
Nvidia guides above expectations as AI demand stays strong
Nvidia reported first-quarter revenue of $81.6 billion and projected second-quarter sales around $91 billion, above Wall Street estimates. The company said new customers should help sustain blockbuster growth, reinforcing the strength of AI-related demand.
Samsung shares surge after labor deal averts strike
Samsung Electronics shares jumped after the company reached an agreement with its South Korean union to avoid an 18-day strike involving about 48,000 workers. The deal is expected to require Samsung to set aside around 10.5% of operating profit for special payouts.
IBM among quantum computing firms receiving U.S. funding support
The Trump administration awarded $2 billion in grants to nine quantum-computing companies, including $1 billion for IBM. The announcement boosted IBM shares and highlights growing U.S. strategic support for quantum technologies.
SpaceX reportedly files for record-setting IPO target
Bloomberg reported that SpaceX is filing for what could become the largest IPO in history, with a $75 billion funding target. The company is also said to be dealing with billions in losses while structuring a deal that would give Elon Musk more control.