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Algeco Announces Management Change

Algeco Announces Management Change

BALTIMORE, Jun. 4 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that James O’Malley, its former European General Counsel, has been appointed Group General Counsel following the concurrent resignation of Azuwuike Ndukwu, who [...]

Samsung’s Strategic Decision-making in Limbo amid Leader’s Absence

Samsung’s Strategic Decision-making in Limbo amid Leader’s Absence

SEOUL, Aug. 21 (Korea Bizwire) — Crucial decision-making at global tech firm Samsung Electronics Co. has been pushed back since its de facto leader Lee Jae-yong was imprisoned in February, industry sources said Monday. According to the sources, Samsung held fewer in-house strategy meetings in the second quarter compared with the year earlier period. The [...]

Over Half of Biz in S. Korea Seek Belt-Tightening Management Next Year

Over Half of Biz in S. Korea Seek Belt-Tightening Management Next Year

SEOUL, Dec. 14 (Korea Bizwire) – More than half of business leaders in South Korea are seeking “belt-tightening” management next year amid gloomy outlooks for overall economic conditions, a poll showed Sunday. According to the poll of CEOs of 235 businesses by the Korea Employers Federation, a business lobby, 52.3 percent answered they will carry out the belt-tightening management next year. Of those polled, 32 percent said that they will maintain the “status quo,” while only 17.4 percent [...]