Peake Climbs to CFO Spot at Standard Bank
South African depository Standard Bank, the biggest African lender by assets, appointed chief risk officer Jonathan Peake as its new CFO. Peake replaces Mark Hucker, who is now Standard’s CEO. Prior to working for Standard, Peake was the head of risk management for Deutsche Bank International and a senior manager at KPMG Forensic Services, where he discovered a $400 million hedge fund swindle.
Getty Images Pictures Airey as Its New CEO
Visual media leader Getty Images is gaining a new CEO in Dawn Airey. She replaces co-founder Jonathan Klein who is transitioning to the position of chairman after 20 years of leadership. Airey comes from Yahoo! where she led the company’s operations in its EMEA markets. Her experience prior to Yahoo! was in senior leaderships in the UK television industry. Airey’s focus will be on innovation and monetizing existing and new forms of content.
Amid Dieselgate “Grave Crisis” Winterkorn Resigns as VW CEO
German automaker Volkswagen’s CEO Martin Winterkorn resigned, effective immediately, in Frankfurt on September 23 in the wake of a massive scandal. Eleven million cars worldwide were equipped with software designed to circumvent emissions tests. Winterkorn is stepping down in an effort to accept responsibility for the company’s actions, although he denies any knowledge or involvement. These developments come just two months after the announcement that VW finally surpassed Toyota to become the industry leader in global sales.
Look for more Executives on the Move next week!