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UK: McGeorge to step back as New Look chairman

2013-10-02 12:30:00| Daily apparel & textile news and comment - from just-style.com

Alistair McGeorge is to step back from his role as executive chairman at value fashion retailer New Look and become a non-executive chairman instead.

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IFCP elects Mark Messura as chairman

2013-10-02 07:00:00| Nonwovens Industry Breaking News

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Audi Chairman Rupert Stadler to Deliver Keynote Address and Host Audi Night at 2014 ...

2013-10-01 06:00:00| Industrial Newsroom - All News for Today

As announced by Consumer Electronics Association®, Rupert Stadler, chairman of board of management of AUDI AG, will deliver Tech Titan keynote address at 2014 International CES® (Las Vegas, January 7–10). Stadler will discuss future innovation in automotive industry as well as its direct impact on consumer technology market. Topics will focus on Audi's initiatives in piloted driving, future mobility concepts, and infotainment based on connectivity technologies. This story is related to the following:Trade Associations

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Toyota Chairman sees long run for hybrids; calls on automakers for 5M hybrid sales in US in 2016

2013-09-30 19:30:26| Green Car Congress

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Telecom Italia chairman could resign report

2013-09-28 16:03:00| Telecompaper Headlines

(Telecompaper) Telecom Italia Chairman Franco Bernabe is considering resigning at a board meeting scheduled for 03 October, a source close to the situation said. The source told Reuters, "We are heading towards a resignation." Bernabe has spoken out against possible plans by Telefonica to sell some of the company's most valued assets once it gains control of its Italian rival. A second person familiar with the situation said COO Marco Patuano could take up Bernabe's powers to ensure management continuity and that its core shareholders would name a new chairman with a broadly representative role. Poste Italiane CEO Massimo Sarmi is the candidate favored by the Telco shareholders as Bernabe's replacement, people familiar with the matter told Bloomberg. Bernabe is expected to present a strategic plan to the board on 03 October that may include a capital increase of up to EUR 5 billion to cut debt and fund investments. However the board is thought to be divided, as its core investors are reluctant to inject fresh cash into the company. In a parliamentary hearing earlier, Bernabe said Telecom Italia needed to raise fresh capital to avoid a credit rating downgrade to 'junk' status and that the best way would be through a capital increase.

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