Every week we bring you an overview of the most important executive changes from the past week. In the last week, the head of Barclays’ international division and investment bank said he was leaving the UK bank as part of wider leadership changes at the banking giant. Read more about this and other notable executive changes:
Barclays International CEO Tim Throsby is out
Barclays announced that International CEO Tim Throsby has decided to leave the company as part of wider leadership changes at the banking giant. The bank outlined a broad swathe of management moves, as it continues to grapple with activist-shareholder pressure. Barclays CEO Jes Staley said: “Restructuring is behind us, our major legacy issues are largely dealt with, and our focus now is on running.”
Tim Sloan steps down as CEO of Wells Fargo
Wells Fargo said that its CEO Tim Sloan will step down, effective immediately. Sloan served as CEO for less than four years, replacing former chief executive John Stumpf who resigned after Wells Fargo employees were found to have opened millions of bank accounts fraudulently to meet unrealistic sales goals.
Snap hires VP of Global Agency Partnerships
Snap has hired David Roter as VP of Global Agency Partnerships reporting to Chief Business Officer Jeremi Gorman. The company wants to broaden the types of advertisers it works with as it looks to grow revenue beyond one-off campaigns with brands. Agencies offer a more efficient way to engage with multiple brands at once for its unskippable video ads offering.
Dun & Bradstreet announces new leadership team
Dun & Bradstreet has named Neeraj Sahai President of Dun & Bradstreet International and Gil Shaked Chief Technology Officer. The appointments follow a take-private acquisition of the company in February 2019.
Tailored Brands appoints Dinesh Lathi as President & CEO
Tailored Brands, the leading specialty retailer of men’s clothing in the US, has announced that Dinesh Lathi will move from his current role as Executive Chairman to President & Chief Executive Officer of the company. Doug Ewert retired as CEO of the company in September 2018 and “following a robust and thorough search process” the board decided that Lathi was the best person to move the company forward.
Christian Wylonis is the co-founder and CEO of The Org, a professional community where you can find the most relevant person to contact at any company.