The Daily Chase: Bobby Le Blanc to become Onex CEO; Musk warns of possible Twitter bankruptcy
BNN Bloomberg
North American equity market futures are pointing to further gains after yesterday's massive rally in the wake of cooler than expected U.S. inflation.
CHANGING OF THE GUARD AT ONEX
Here's one you don't get to type every day – Gerry Schwartz is relinquishing his role as CEO of Onex, a firm he founded back in 1984. Bobby Le Blanc will become its chief executive officer next year, with Schwartz remaining executive chair and controlling shareholder. The company is also proposing to add a five-year sunset clause to Schwartz's multiple-voting shares, meaning he would relinquish voting control by 2028.
MUSK WARNS OF POSSIBLE TWITTER BANKRUPTCY
More Related News