Sunday, August 16
Heineken CEO Dolf van den Brink would step down on May 31 after nearly six years of leading the Dutch brewer, the beer maker said on Monday, as the industry battles to get drinkers buying more beer.CEO Van den Brink took the helm at the world's second largest beer maker in the midst of the COVID-19 pandemic in June 2020, and is also chair of its executive board.Also read: CEO exits at a record high in 2025 as legacy cos run into a wallSince his arrival, Van den Brink has taken the organization through a turbulent period marked first by the pandemic and then by huge cost inflation and falling sales that hurt margins, the company's share price and investor returns.The Heineken board will now start a search to appoint a successor, which makes its namesake lager alongside Tiger and
New Delhi: The government should soon come out with the final notification for the next phase of India's Corporate Average Fuel Efficiency standards so that the industry can prepare accordingly, according to a senior Toyota Kirloskar Motor executive. The government released draft rules for the latest Corporate Average Fuel Efficiency (CAFE) standards last year, which will regulate passenger vehicle fuel consumption and carbon emissions between April 2027 and March 2032. "With the CAFE norms supposed to be effective from 2027, it will be really good if the government can issue the final notification soon, because that will give clarity to work towards it," Toyota Kirloskar Motor Country Head and Executive Vice-President Vikram Gulati told PTI in an interaction. He noted that the regulation
