IJR Pulse

Former Southern Water CEO charged in wastewater fraud

The Environment Agency has begun criminal proceedings against Southern Water and four former senior executives, including former CEO Matthew Wright, accusing them of conspiring to defraud the regulator by manipulating Operator Self-Monitoring tests between 2012 and 2017, with separate charges for environmental-permit breaches as the case proceeds to Medway Magistrates Court. The High Court had previously upheld the EA’s authority to prosecute in this matter, underscoring accountability in the water sector.

High Court Matthew Wright Ofwat

ibtimes.co.uk +12 covering3h

Business Leaders

Tiziana Executive Chairman Raises Stake to 34.93%

Tiziana Life Sciences’ Executive Chairman Gabriele Cerrone has quietly increased his stake to 34.93% via Panetta Partners, purchasing 42,357 shares at $0.99, signaling strong insider confidence in the clinical-stage biotech’s lead asset intranasal foralumab. The move could bolster governance, financing, and partnership prospects as the company advances its MS-focused immunomodulation programs.

MarketScreener +4 covering6h

Business Leaders

Lloyd's Finds Ex-CEO Neal Breached Compliance

Lloyd’s of London ruled that former CEO John Neal breached compliance rules by failing to disclose a close relationship with a former corporate affairs director, creating a perceived conflict of interest that the council deemed significant. The findings also highlighted failures in handling whistleblower reports and noted reputational damage to Lloyd’s and the insurance market, with leadership accountability under scrutiny.

The Independent UK +6 covering9h

Business Leaders

Shareholder group files complaints against minister and CEOs

A Korea Shareholders Movement Headquarters filed complaints against Labor Minister Kim Young-hoon and Samsung Electronics and SK hynix executives over wage deals that link bonuses to operating profits, arguing such bonuses are not subject to labor negotiations and that the ministers and executives breached duties or abused authority. The complaints follow a May wage agreement mediated by the labor ministry that provided a 10.5% special performance bonus for Samsung and a 10% profit-based share for SK hynix, with critics saying management should seek shareholder approval and prevent asset leakage.

europesays.com +4 covering14h

Business Leaders

Elon Musk plans AI Odyssey film by 2026

Elon Musk says Grok Imagine will produce a full-length Odyssey by the end of 2026, promising historical accuracy and fidelity to Homer using AI-generated visuals and dialogue. The plan follows Musk’s critiques of Christopher Nolan’s adaptation and has drawn enthusiastic support from Greeks and philhellenes, while other pitches (including Mel Gibson’s) have also sparked attention.

greekcitytimes.com +6 covering17h

Business Leaders

Sequoia Financial Group CEO Crole resigns; Fabbri interim

Sequoia Financial Group announced the immediate resignation of CEO Garry Crole, with the board launching a leadership transition and a search for a permanent successor. Interim leadership is in place, led by Alex Fabbri as interim CEO and David Hentschke as interim Chairman, with reporting on Sarah Lin serving as interim CEO in the transition period.

kalkine.com.au +9 covering20h

Business Leaders

Butterfly Network CEO DeVivo sells 211,798 shares to cover tax withholding

"Butterfly Network insiders have used sell-to-cover transactions tied to RSU vesting to satisfy tax withholding, with CEO Joseph DeVivo selling 211,798 shares at a weighted $6.56 average and retaining 7,672,046 shares, while director and president/CEO Victor Ku sold 48,540 shares and holds 1,015,099 shares after the automatic tax-related disposals. A mandatory- disclosure filing explains buy/sell details under Rule 144 and notes that these sell-to-cover actions are automatic under the company's policy, not discretionary trades.

The Motley Fool +5 covering1d

Business Leaders

MediaCo Appoints Brian Fisher President, Castro Interim CFO

MediaCo Holding announced a leadership restructuring elevating Brian Fisher from Chief Revenue Officer to President, while Albert Rodriguez remains CEO; Roberto Castro was named interim CFO and interim Treasurer as a permanent finance chief is sought. The changes include the departure of Debra DeFelice and are positioned to support the company’s next phase of growth across its multicultural media brands.

ramp247.com +11 covering1d

Business Leaders

Intel foundry lands first named external customer Fortinet

{"summary":"Intel secures Fortinet as its first named external silicon customer for a security-focused ASIC, the Fortinet Security Processor 6 (SP6), to be manufactured on the Intel 4 process, highlighting a strategic shift toward external foundry work and potential chiplet-based design for security workloads. Details on production timelines and specifications remain forthcoming, underscoring a broader push to justify capital-expenditure in domestic fabs and expand collaboration with cybersecurity partners.","summary_sources": []}

time.news +4 covering1d

Business Leaders

Patna Bomb threats target CM residence, secretariat, four schools citing Nijjar killing

Patna faced a high-security alert after bomb-threat emails targeted the Bihar CM’s residence, the state Secretariat, and multiple schools, with authorities searching premises and tracing the sender as an investigation unfolds. The messages invoked pro-Khalistan slogans and the 2023 Nijjar killing, prompting intensified security during the Monsoon Session and prompting evacuations and precautions at several institutions while officials work to verify authenticity and origins.

The Times of India +6 covering1d

Business Leaders

Jerash Board Nominates Ng Chairman, Choi Remains CEO

Jerash Holdings’ board nominated co-founder Tsze Lun Ng (Ringo Ng) to become Chairman if elected at the 2026 Annual Meeting, while Sam Choi will remain CEO and will not stand for re-election to the Board. The leadership transition is presented as a move to strengthen governance and focus on long-term growth.

tradingview.com +4 covering1d

Business Leaders

Gateley posts record revenue, CEO plans step down

Gateley reports a record FY26 revenue of £194.3 million and confirms chief executive Rod Waldie will step down in August 2026, with Martin Pike serving as interim CEO during the transition. The group also resets its dividend policy to a lower total payout of 5.3 pence per share for the year, including a final 2.0p, in pursuit of sustainable growth and improved margins.

hk.marketscreener.com +4 covering1d

Business Leaders

AstraZeneca India CFO Bhavana Agrawal to resign

AstraZeneca Pharma India said CFO and Whole-Time Director Bhavana Agrawal will resign to take a regional role within the AstraZeneca Group, effective August 31, 2026, with a multi‑week handover and a search for a successor. Regulatory filings confirm the move as part of global realignment, while the company notes strong FY2025-26 growth, including about 33% higher revenue and solid PAT, underscoring ongoing operational resilience.

sahi.com +4 covering1d

Business Leaders

KPMG Australia Names Sams CEO Amid Scandal

KPMG Australia has named John Sams as chief executive officer with immediate effect as the firm plans to cut hundreds of jobs in response to the whistleblower scandal, and to pursue governance and culture reforms to restore confidence. Sams, drawn from tax, corporate finance and infrastructure advisory, will lead the turnaround under the board’s mandate and with Independent Chairman Michael Ebeid overseeing the actions to address accountability and integrity issues.

grafa.com +12 covering1d

Business Leaders

Fayose, 25 others named to 10 federal agencies

President Tinubu approved 26 appointments across 10 federal agencies, including Ayo Fayose as Chairman of the Rural Electrification Agency and Major General Junaid Bindawa as Chairman of the National Salaries, Incomes and Wages Commission. The package also names Olajumoke Okoya-Thomas as NSIWC secretary, redeploys Tosin Adeyanju to the RMF Commission, and fills key roles such as Abuh Mohammed (NPC DG), Akinola Odeyemi (NBET MD), Anthony Inalegwu Godwin (Nuclear Energy Commission chair/CEO), Julius Oloro (NCAM CEO), and Abdullahi Maikano Saidu (Fiscal Responsibility Commission chair).

Daily Trust +18 covering2d

Business Leaders

Celldex CFO Sam Martin Plans 2027 Retirement

Celldex Therapeutics announced that Sam Martin, the Senior Vice President and Chief Financial Officer since 2017 and with the finance team since 2009, will retire in 2027 and will remain CFO through March 2027 to ensure a smooth leadership transition as the company initiates a search for his successor. Company leadership praised his contributions and highlighted ongoing strategic priorities, including progress in its immunology pipeline as it prepares for data readouts later this year.

gurufocus.com +5 coveringJul 15, 2026