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Aviation industry urged to hire more women as staff shortages loom

“The industries are coming under scrutiny because of the low numbers of women employed as senior executives or airline pilots” reports businessinsider.com. Signatories also agree to have a senior executive oversee diversity efforts, and to link pay of senior executives to meeting internal targets on gender diversity and inclusion. There are fundamental gender issues in aviation and aerospace,” Sugg said. Source: businessinsider.com Share This:

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U.S. judge questions scope of indictment against Insys founder

“Burroughs said she believed the indictment lacked sufficient allegations to establish a relationship between the Insys executives and the various doctors accused of taking bribes that would legally support the racketeering charge” writes Midwest Communications Inc for 95kqds.com. U.S. District Judge Allison Burroughs in Boston said she believed the indictment did not contain enough allegations to support a racketeering conspiracy charge against billionaire Insys founder John Kapoor and six other former executives and managers.BOSTON (Reuters) – A federal judge on Tuesday expressed concern about the scope of an indictment against…

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Boeing concerned about tariff talk, but no business impact yet

“Boeing executives said the market would be better served by a tailor-made aircraft with superior economics” writes Midwest Communications Inc for 95kqds.com. “Aerospace thrives on global trade, free and open trade,” Muilenburg said, adding the sector drove economic benefit globally.LONDON (Reuters) – Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday.So in terms of actual implementation and things that…

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Bosses face ban on selling shares for five years in governance overhaul

“Senior executives face a ban on selling shares for up to five years under a new regime drawn up in the wake of the Carillion scandal to discourage short-term decision making” writes Jack Torrance for telegraph.co.uk. The Financial Reporting Council’s (FRC’s) revamped Corporate Governance Code will require remuneration committees to consider imposing bans on executives selling shares given through long-term incentive plans soon after they step down.Richard Adam, Carillion’s former finance director, sold £800,000 worth of shares after stepping down in 2017, less than a year before it perished. Source: telegraph.co.uk…

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U.S. Unit of Spanish Media Firm Pleads Guilty to Bribing Soccer Officials

“The parent will pay the $12.9 million criminal penalty imposed on the U.S.-based unit” writes Samuel Rubenfeld for wsj.com. Photo: Brendan McDermid/Reuters A Florida-based unit of a Spanish media company pleaded guilty to criminal charges for paying bribes to Caribbean soccer officials, agreeing to pay more than $24 million in penalties and implement enhanced compliance controls.Imagina Media Audiovisual SL, the Barcelona-based parent company, entered into a non-prosecution agreement, while the Florida-based subsidiary pleaded guilty to a two-count criminal information document.Webb received bribes from Imagina’s U.S. unit, according to a guilty…

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Departing ZTE executive describes ‘deep humiliation’ in farewell letter

“The United States reinstated the ban this April after it said ZTE had failed to punish the executives involved as agreed” writes Midwest Communications Inc for 95kqds.com. Company insiders told Reuters nearly two dozen senior executives left ZTE on Friday.Zhang, who was one of five executive vice presidents at ZTE and in charge of sales and marketing, issued a farewell letter to staff on Friday, employees said. Source: 95kqds.com Share This:

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ZTE names new CEO, other top executives to comply with U.S. mandate: WSJ

“On Tuesday, ZTE announced the departure of a senior executive, while a source who saw an internal memo told Reuters seven others were removed” reports businessinsider.com. ZTE was forced to cease major operations in April after the United States slapped it with a supplier ban, saying it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea.The maker of smartphones and networking gear named the former head of its Germany business, Xu Ziyang, as its new chief executive officer, the Journal said, citing…

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3 Transitions Even the Best Leaders Struggle With

“C-suite executives can move on to lead in other organizations or they may eventually retire and do board work” reports hbr.org. C-suite leaders are at the apex of their careers.Regardless of their future plan, C-suite executives who surround themselves with support and have a clear vision of their future, are more likely continue to succeed. Source: hbr.org Share This:

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French executives to stand trial for ‘moral harassment’ a decade after employee suicides

“Union critics said it created a constant feeling of upheaval and uncertainty and that employees were given meaningless jobs” writes Jena Mcgregor for sun-sentinel.com. Orange is a company that is focused on its future development and independent surveys have shown that its employees are proud to work there.”.  Source: sun-sentinel.com Share This:

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