Management & Governance

STG Logistics announced Monday that Jack Holmes will take over as CEO effective immediately, succeeding Geoff Anderman, who led the company through its most recent financial restructuring. Holmes spent 37 years at UPS, including as president and CEO of UPS Freight before retiring in 2016, and will also serve on STG's board. Clinton Smith was named interim chief financial officer, succeeding Tyler Holtgreven, and Cherie Schaible was named interim general counsel. The news release credited Anderman and Holtgreven with navigating a Chapter 11 restructuring that reduced the company's funded debt by 90%; Anderman will remain as an adviser through the transition and Holtgreven will stay with the company through Nov. 1. STG also appointed Gary Enzor as chairman and named John Labrie, Joe Troy, Dave Ebbrecht and Darren Hawkins as directors, joining existing director Tom Donohue. STG entered a pre-packaged Chapter 11 agreement in January, reducing funded debt by nearly $1 billion and receiving $150 million in new capital from investors including Fortress, Fidelity and Invesco.

Renault Group has appointed Carine Damois as its Chief Financial Officer, effective November 14th, 2026. Damois, who has more than 20 years of experience in finance leadership roles within global industrial groups, has served as Deputy CFO of Michelin group since 2021, overseeing key finance functions across more than 100 countries. She succeeds Duncan Minto, who has decided to pursue new professional opportunities outside the Group after nearly three decades of contribution. Damois will report to François Provost, CEO of Renault Group, and will be a member of the Group's Leadership Team. The appointment further strengthens the leadership team as Renault Group continues to implement its futuREady strategic plan.

Sigma7, the global risk information and services company, announced the appointment of Todd Lawrence as Chief Executive Officer. Lawrence brings more than 30 years of experience scaling data-centric business-to-business service organizations, with senior posts at Risk International, Wolters Kluwer and Dun & Bradstreet; most recently at Risk International he steered the private-equity-backed firm through multiple acquisitions, operational optimization and a successful sale to Artex, an Arthur J. Gallagher company. Sigma7's board cited his track record in growth strategy, mergers and acquisitions, and operational excellence as pivotal to the organization's next chapter, and his international experience across Western Europe, the United Kingdom, India and North America positions him to advance the company's global footprint across defense, energy, life sciences, manufacturing, public sector and other risk-intensive industries. In his new role, Lawrence will oversee continued development and deployment of S7 ONE, Sigma7's secure, cloud-based operating environment that integrates threat intelligence, forensic analysis, risk management and resilience planning in a single interface. Chairman of the Board Chuck Bralver said the company is excited to have Lawrence leading its leadership team, and Lawrence said Sigma7 will amplify the capabilities of S7 ONE and invest in complementary expertise to help clients anticipate threats, protect value and convert resilience into a competitive advantage.

Curtiss-Wright Corporation announced that Chief Operating Officer Kevin M. Rayment will succeed Lynn M. Bamford as Chief Executive Officer and President, with Bamford moving to Executive Chair, effective January 1, 2027. The planned transition follows Bamford's six years as CEO, during which she reshaped the company and returned about US$1.70 billions to shareholders. Rayment, a long-serving insider with deep Aerospace & Defense and Commercial experience, takes the helm as Curtiss-Wright carries a US$4.3b backlog and a recently expanded share repurchase authorization of US$2,166m. The company's narrative projects $4.6 billion in revenue and $732.7 million in earnings by 2029, requiring 8.2% yearly revenue growth and about a $191.5 million earnings increase from $541.2 million today. Some of the lowest ranked analysts assume earnings of about US$719m by 2029 and a 43.3x PE on those profits, keeping concerns about rich valuation and order conversion in focus.

Houlihan Lokey has hired Jane Ma as a Managing Director in its Financial Services Group, based in New York. Ma joins from Moelis & Company, where she spent 16 years and most recently served as a Managing Director covering asset management, wealth management, and asset and wealth management technology. Her coverage at Houlihan Lokey will focus primarily on alternative asset managers, with additional time dedicated to wealth management services and asset and wealth technology. Jeffrey Levine, Managing Director and Global Co-Head of the Financial Services Group, said Ma's background in the asset and wealth management sectors enhances the firm's existing advisory capabilities. In 2025, Houlihan Lokey's Financial Services Group was ranked the No. 1 M&A advisor for global financial services transactions under $5 billion by LSEG, excluding accounting firms and business brokers.

Velo3D Inc disclosed that Chief Financial Officer James Suva separated from employment on September 28, 2026, sending shares down 8.1% in premarket trading Monday. The company said in an 8-K filing that Suva's departure was not due to any disagreement with the company on any matter related to its operations, policies or practices. The board of directors appointed Terence P. Wynn, 70, as Interim Chief Financial Officer effective the same day, serving as a consultant rather than an employee through KongBasileConsulting LLC, which has provided accounting and financial reporting services to Velo3D since January 2021. Under the Officer Services Agreement, KongBasileConsulting will receive a monthly fee of $32,500 for Wynn's services, plus reimbursement of pre-approved expenses, and the agreement can be terminated by either party with written notice while the board may remove Wynn at any time. Wynn has served as an independent CFO consultant through KongBasileConsulting since 2020 and was Chief Financial Officer of Business Wire, Inc., a Berkshire Hathaway company, from 2018 to 2020.

Paramount Skydance Corporation Chairman and CEO David Ellison and Co-CEO Ynon Kreiz announced the CEO Leadership Team expected to lead the combined company, to be named Skydance, following the anticipated close of Paramount's acquisition of Warner Bros. Discovery. The team draws leaders from both companies and each member will report directly to the CEOs. Ellison will focus on long-term strategy, creative vision and direction, including talent relationships, strategic partnerships, technology and capital allocation, while Kreiz will focus on day-to-day management and integration of the combined business. Andy Gordon, President of Skydance, will work closely with both, and all three will serve on the Board of Directors, with Ellison as Chairman. The corporate leadership team includes Dennis Cinelli as Chief Financial Officer, Makan Delrahim as Chief Legal Officer and President of Global Corporate Affairs, Dane Glasgow as Chief Product Officer, Rebecca Mall as Chief Marketing Officer and Melissa Zukerman as Chief Communications Officer. The business leadership team includes Casey Bloys and George Cheeks as Co-Chairs and Chief Content Officers of Skydance DTC and Skydance TV respectively, Dana Goldberg and Josh Greenstein as Co-Chairs of the Skydance Motion Picture Group, James Gunn and Peter Safran as Co-Chairmen of DC Studios, and JB Perrette as Co-Chair and Chief Business Officer of both Skydance TV and Skydance DTC. Mark Thompson will serve as Chairman and Editor-in-Chief of CNN Worldwide and Bari Weiss as Editor-in-Chief of CBS News. A complete list of the Company's new Executive Leadership Team will be issued soon after close.

Chevron Corporation announced a series of senior leadership changes effective January 1, 2027. Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development, tasked with identifying and advancing opportunities that strengthen the company's portfolio, enhance competitiveness, and support long-term growth. Eimear Bonner, currently Chief Financial Officer, will become president of Oil, Products & Gas, responsible for safe, reliable operations across the entire value chain, disciplined capital allocation, asset class excellence and value chain optimization. Jeff Gustavson, currently president of New Energies, will become Chief Financial Officer, overseeing audit, controller, investor relations, tax, treasury and business planning activities worldwide. Brent Gros, currently president of Offshore, will become president of New Energies, leading Chevron's lower carbon businesses including hydrogen, power, carbon capture, offsets, and biofuels, and will also oversee the company's AI strategy focused on value creation, operational excellence, cost efficiency, and innovation. Chairman and Chief Executive Officer Mike Wirth said the four leaders bring a combination of operational expertise, strategic perspective and a proven ability to deliver results across the business.

SPT X Public Company Limited, or SPTX, has notified the Stock Exchange of Thailand that Chulaphat Khrua Sophon has resigned from his positions as company director, independent director, and chairman of the board, citing other commitments that may prevent him from fully performing his duties to the company. The resignation takes effect from October 2, 2026 onward. The company is currently in the process of recruiting and appointing a suitably qualified person to fill the vacant position, and will inform the Stock Exchange of Thailand of further progress.

MPJ Logistics Public Company Limited, or MPJ, informed the Stock Exchange of Thailand that its Board of Directors meeting on October 5, 2026 resolved to appoint Ms. Lalitphan Piriyaphan as Chairman of the Board, Independent Director, and Audit Committee member, effective from October 5, 2026 onward. The appointment follows the conclusion of Mr. Tawee Srichainak's tenure as Chairman of the Board, Independent Director, and Audit Committee member as of September 30, 2026, due to his resignation before the completion of his term for personal reasons. Mr. Tawee had held the position since August 23, 2022. Following the change, the Audit Committee structure comprises Mrs. Warangkana Pojsirisilp as Chair of the Audit Committee, Mr. Soonthorn Chantrapraphawej as Audit Committee member, and Ms. Lalitphan Piriyaphan as Audit Committee member. The company confirmed that the Audit Committee members meet the qualifications and scope of duties and responsibilities in accordance with the Stock Exchange's criteria.

US Critical Metals Corp. announced the appointment of James Hocking, a director of the company, as Chief Executive Officer, effective today. Hocking succeeds Darren Collins, who is stepping down as CEO but will remain a director of the company. Hocking is a commercial and capital markets executive with over 20 years of experience in the resources sector, including 7 years with BHP Group where he led commercial initiatives supporting major mining and infrastructure operations. He said his focus will be on building long-term shareholder value, noting that copper was added to the U.S. critical minerals list in 2025 and that the company's Korn Kob Copper Project is an exploration-stage property in Arizona, alongside its lithium, uranium and cobalt exploration properties. USCM's assets consist of five discovery focused projects in the United States: the McDermitt East Lithium Project and Clayton Ridge Lithium Property in Nevada, the Long Canyon Uranium Property and Haynes Cobalt Property in Idaho, and the Korn Kob Copper Project in Arizona.

Entergy has named David Borde president and CEO of Entergy Texas, effective October 5, succeeding Eliecer Viamontes, who has departed the company for other opportunities. Borde currently serves as Entergy's vice president of utility strategy and regulatory initiatives, supporting Entergy's operating companies on regulatory and tariff filings and providing strategic and regulatory counsel. He joined Entergy in 2009 as director of corporate development in Texas.

Anutin Charnvirakul, the Prime Minister and Minister of Interior, disclosed that this afternoon Ekniti Nitithanprapas, the Deputy Prime Minister and Minister of Finance, will bring Samrit Saniang, Acting Chief Executive Officer of Thai Airways International Public Company Limited, to meet him for an introduction. He said he will ask about past problems, because Thai Airways is about to recover and has improving operating results, so he does not want anything to cause a disruption. The Prime Minister said that anyone coming in as an executive at this level must already be aware of the situation, and the government does not need to give instructions, only to listen to proposals and offer advice if there are any doubts. He also confirmed that the government cannot issue direct orders, because Thai Airways is an independent entity, with the Ministry of Finance as its largest shareholder. If the government wants to give policy, it will do so through the Ministry of Finance in its capacity as the major shareholder.

Anutin Charnvirakul, Prime Minister and Interior Minister, in his capacity as leader of the Bhumjaithai Party, commented on proposals to amend laws in order to change the revenue sources of the Thai Public Broadcasting Service, or Thai PBS, the Thai Health Promotion Foundation, or ThaiHealth, the Elderly Fund, and the National Sports Development Fund, saying the matter is now before parliament, is proceeding according to procedure, and that he had not discussed it with Supachai Jaisamut, a Bhumjaithai Party MP, regarding the submission of amendments to all four bills. As for the view that this amounts to interference in the media, the Prime Minister did not answer the question before walking out of the interview. Meanwhile, Ekapop Pienpiset, spokesman for the Prime Minister's Office, said the laws proposed by the Bhumjaithai Party MPs do not change the administrative structure of any agency, especially Thai PBS, so the board and the viewer network remain as before, but what changes is the budgeting method, which becomes transparent and brought into the system, and the public will get a Thai PBS that is an organisation anchored to the people and provides the information they truly want. He stressed that no amendment is being proposed to change Thai PBS's structure. As for observations that if Thai PBS receives its budget from the annual expenditure budget it would affect its news presentation, Ekapop said Thailand has many public organisations whose operations the government cannot control, for example the National Health Security Office, or NHSO. Although the Public Health Minister chairs the board, he has no absolute power to issue orders, but the budget can still be monitored, because the NHSO must disclose each year's budget and which hospitals the funds were transferred to. By contrast, Thai PBS and ThaiHealth have never clarified these matters, so the public will receive greater disclosure on this.

Associate Professor Dr. Supphachai Supphachalasai, a commissioner of the National Broadcasting and Telecommunications Commission, or NBTC, in his capacity as chair of the meeting, signed a most-urgent memorandum to the NBTC secretary-general notifying him of the schedule of NBTC meetings and requesting that administrative arrangements be prepared to support them. This followed the first special NBTC meeting of 2026 on 2 October 2026, at which a resolution was passed appointing him as chair of the meeting to consider agenda item 5, concerning the setting of guidelines for the operations of the NBTC board. Five NBTC meetings were scheduled within October 2026: 6 October from 10.00 to 16.30, 8 October from 10.00 to 16.30, 21 and 22 October from 09.30 to 16.30, and 28 October from 09.30 to 16.30. From November 2026 onward, NBTC meetings are to be held every Wednesday of each week, with additional meetings possible if necessary, using Meeting Room Sailom 1121 on the 12th floor of the Administrative Building at the NBTC Office as the venue. The NBTC Office was also asked to take the agenda items set out in the draft agenda for the 22nd NBTC meeting of 2026, originally scheduled for 27 July 2026, and place them back on the meeting agenda in order to move forward with matters still pending, and to prepare so that public services in broadcasting, television, and telecommunications continue without interruption or standstill. Meanwhile, Sarinee Achavanuntakul, a financial expert and social commentator, posted a message on social media criticising the work of the NBTC Office and the acting secretary-general for failing to act on the instructions of the majority of commissioners, and shared the view of Was Tingsamitr, a former senior judge of the Supreme Court, who held that if more than half of the commissioners call a meeting and a quorum is present, the Office should carry out its duty to support the meeting, and that if the NBTC secretary-general refuses to perform his duties, he may risk both his position and legal liability for wrongful omission of duty.

The research department of Asia Plus Securities has issued an analysis of Thai Airways International Public Company Limited, or THAI, after the company's board resolved to investigate the facts surrounding the flood incident in late September 2026, as well as to review its crisis management process. During the investigation, the board resolved to suspend the CEO from duty. THAI resumed all flights from 3 October after cutting 15 and 9 flights on 1 and 2 October respectively. Asia Plus research views that the impact of the flight reductions, compared with all TG flights at Suvarnabhumi, which averaged about 120 flights per day in August, on the departure side alone, remains limited for fourth-quarter 2026 operating results. Going forward, the focus should be on the investigation and on long-term solutions to ground handling problems, including the adequacy of staffing, equipment, and emergency response processes, to reduce the chance of a repeat incident, especially before the high season. On management, although the CEO's term is due to end in January 2027, the situation may add uncertainty to the company's strategic direction, which bears continued monitoring. As for the overall effect on 2027 forecasts, jet fuel, which accounts for about 37% of OPEX, remains the key variable for profit recovery. Normal profit for 2027 is expected to recover 25% from a low base, assuming jet fuel at 117 US dollars per barrel, based on the IATA jet fuel year-to-date average through 25 September 2026 of 161 US dollars per barrel. The recommendation is to buy THAI with a 2027 target price of 6.80 baht.

Newmark Group, Inc. has appointed Mike Whitaker as Group Chief Information Officer, reporting to Chief Operating Officer Luis Alvarado and joining the Executive Committee to oversee technology, data and information initiatives across the firm. Whitaker holds a dual role as Group CIO at both Cantor Fitzgerald and Newmark, and previously held senior technology leadership positions at Citi, Deutsche Bank and Barclays Capital. The appointment is intended to more tightly integrate advanced technology capabilities with Newmark's long-term operational priorities, sharpening its technology and data agenda at the Executive Committee level. The near-term impact on revenue or margins is unlikely to be material without clear execution milestones, though the move raises expectations for productivity, client analytics and risk controls over the next few years. Investors remain focused on the Q3 2026 results due October 29, the ongoing buyback and the CEO transition at year-end, with debt levels and sector volatility on the risk side.

PTT Group has announced the appointment of a new set of senior executives to the positions of chief executive officer and chief financial officer at six affiliated companies. This management reshuffle covers all six subsidiaries of PTT Group, a major Thai energy conglomerate. Details of the new executives' names will be disclosed in each company's respective announcements.

Shenshui Haina announced that its third board of directors passed a resolution at its twenty-fifth meeting to appoint Zhang Ning as board secretary, with the term starting from the date of approval until the end of the third board's term. Chairman Li Haibo will no longer act as board secretary. Zhang Ning, born in 1989, holds a bachelor's degree and previously served as securities affairs director at Shenzhen Yongying Investment and legal director at Bixing IOT Technology Shenzhen. Since Song Yanhua resigned as vice president and board secretary on September 13, 2024, the board secretary position at Shenshui Haina has been vacant for over two years. During the vacancy, Chairman and General Manager Li Haibo had been acting as board secretary until Zhang Ning's appointment.

David Robinson, a former safety lead who recently left OpenAI, has criticized the company's approach to artificial intelligence safety. In a contributed piece published in The Atlantic on the 3rd, Robinson argued that a corporate culture that prioritizes development speed is increasing the risk of failure, writing that "the era of trial and error is over." He said he spent three and a half years at OpenAI, where he helped draft the company's "Preparedness Framework" and oversaw the preparation of safety reports accompanying the release of 12 frontier models. An OpenAI spokesperson said in a statement that the company works to ensure model capabilities do not exceed what can be safely managed and protected, and that it pauses training or holds back model releases when it needs to slow down.