Industry Insights

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Executive hiring news: Prudential plc. appoints new chief executive

Multinational insurance and financial services company Prudential plc. has appointed Jackie Hunt as Chief Executive, Prudential UK and Europe. She will also serve on the Board. The high-profile position is one of the most prominent within the UK insurance industry, and there has been speculation that if Hunt can lead the company to strong results, she could be next in line for the top spot of Group Chief Executive, currently held by Tidjane Thiam.

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Optimism rises among those in executive jobs

Expectations for growth among chief executives in privately held companies in the US are on the rise, according to the latest Private Company Trendsetter Barometer report from PwC US. Among these senior executives, including CEOs and CFOs from product and service sectors, 50% are optimistic about the country’s 12-month economic outlook - eight points higher than in the previous quarter. Optimism towards the global economy rose by 12 points to 37%.

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Harvard Business School spotlights innovative healthcare

Harvard Business School has announced a new program for healthcare executives, called Business Innovations in Global Health Care. The program will focus on new ventures in delivery, insurance and technology aimed at improving access to quality healthcare, both in developing and developed countries. While Business Innovations in Global Health Care is designed primarily for senior executives in healthcare organisations, the program will offer relevant insights to consultants, managers, investors and other industry professionals.

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A note of optimism from manufacturing executives

Data from PricewaterhouseCoopers’ quarterly Manufacturing Barometer reflect optimism from those in senior executive positions within large, multinational manufacturing companies in the US. Of the 58 executives interviewed, 78% forecasted positive revenue growth for their companies over the next 12 months and 55% expressed optimism towards the American economy. There was also positivity regarding executive recruitment, with 45% reporting new hiring plans for the coming year, and in several cases, large-scale hiring plans.

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Executive hiring news: Cadillac gears up for global expansion

With an eye towards expanding its Cadillac brand internationally, Detroit-based General Motors recently made two executive appointments to the team in charge of Cadillac. Don Butler, a VP of Marketing for Cadillac, has been appointed to the new executive position of Global Cadillac Strategic Development Vice President. The executive hiring of ad agency chief Steve Majoros as Director, Global Cadillac Marketing, is expected to further accelerate the carmaker’s global expansion initiative.

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