LONDON – Rolls-Royce Holdings is set to name former Deloitte UK partner Panos Kakoullis as its next chief financial officer, with the appointment to be announced as early as February 15, Sky News reported on February 14.
The London-based Kakoullis will be arriving at a difficult time for Rolls-Royce as the company was “hit hard by the COVID-19 crisis as its airline customers have grounded planes,” Reuters reported.
In January, the maker of airplane engines “lowered forecasts for how much its engines will fly this year as tighter coronavirus travel restrictions inflict fresh pain on airlines, saying this would mean a cash outflow of 2 billion pounds ($2.7 billion),” Reuters reported.
Rolls-Royce told Reuters “it was not commenting on the report at this time.”
The company “has been searching for a new CFO since Stephen Daintith resigned last August, though he has remained at Rolls-Royce for the transition period before taking the CFO role at British online supermarket and technology group Ocado,” Reuters reported.
Kakoullis “was partner at Deloitte UK for more than 20 years and managing director of the global audit and assurance business for four years at the Big Four accounting firm, his LinkedIn profile shows,” Reuters reported.
“Last year, he briefly joined PA Consulting as its chief executive-elect, but decided to leave after the company's private equity backers decided to sell to a competitor rather than pursue a public listing,” Sky News reported.
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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
LONDON - "I am excited to visit this place and I can't wait for it to be officially opened," Prime Minister Kyriakos Mitsotakis said on Tuesday in his greeting at an event held by the Embassy of Greece in London to mark the creation of the "Seferis Office" and the "Roderick Beaton Reading Room".
WASHINGTON (AP) — Hunter Biden offered Tuesday to testify publicly before Congress, striking a defiant note in response to a subpoena from Republicans and setting up a potential high-stakes face-off even as a separate special counsel probe unfolds and his father, President Joe Biden, campaigns for reelection.
NEW YORK – The big turnout was accompanied by a festive mood, and a note of optimism was struck by the participation of the younger generation in the 32nd philanthropic meal of the Greek American Homeowners Association that took place at its headquarters in Astoria on Thanksgiving Day.
NEW YORK (AP) — Americans for Prosperity, the political arm of the powerful Koch network, formally endorsed Nikki Haley's presidential campaign on Tuesday, promising to commit its nationwide army of activists — and virtually unlimited funds — to helping Haley defeat former President Donald Trump in the GOP primary contest.
BUDAPEST, Hungary — Turkish President Recep Tayyip Erdogan will visit Hungary's capital in December, his second trip to Budapest this year at a time when both countries remain the only NATO members not to have ratified Sweden's accession into the trans-Atlantic military alliance.
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