Peter Gustavson, CEO of Custom House, has announced the appointment of Peter Ciceri to the new position of president. Gustavson commented: “In the past, I have occupied both the CEO and president positions. Given the exciting challenges ahead, I have decided that this is the appropriate time to split the two roles.” For the past few years, Ciceri has managed his own private practice, coaching and counselling CEOs, management consulting, and serving on various boards, including lead director and chairman of Sierra Wireless Inc. As president and managing director of Compaq Canada from 1997 through 2000, Ciceri’s responsibilities included all financial operations and strategy. During his tenure, Compaq’s revenue grew from US$1.1bn to US$1.8bn. He grew the business each year and successfully managed the merger of Tandem and Digital into Compaq, one of the largest corporate mergers in Canada.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.