Twilio Promotes Khozema Shipchandler To Succeed Jeff Lawson As New CEO

RTTNews | hace 654
Twilio Promotes Khozema Shipchandler To Succeed Jeff Lawson As New CEO

(RTTNews) - Twilio, Inc. (TWLO) announced Monday that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company's Board of Directors, effective immediately.

Shipchandler succeeds Jeff Lawson, Twilio's co-founder, who is stepping down as CEO and as a member of the Twilio Board.

In addition, Jeff Epstein, a member of the Twilio Board and Lead Independent Director since 2017, has been appointed as Chair of the Twilio Board.

Shipchandler has over 25 years of experience growing businesses and driving financial performance across global, public organizations. Prior to Twilio, Khozema spent over two decades at GE, where he drove operating excellence in GE's high tech aviation division, plus accelerated growth in the Middle East region.

He has a deep understanding of Twilio's business, operations and culture, having most recently served as President of Twilio Communications, and previously as Twilio's Chief Operating Officer and Chief Financial Officer.

Twilio also said it expects to report fourth quarter 2023 revenue, adjusted income from operations, and fiscal year 2023 adjusted income from operations above the top-end of the guidance ranges it originally provided on November 8, 2023.

read more
European Shares Mixed Amid Earnings Deluge

European Shares Mixed Amid Earnings Deluge

European shares were mixed on Thursday as investors digested a wave of corporate earnings and watched trade developments between the United States and China. Meanwhile, EU countries today formally adopted a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports.
RTTNews | hace 29 minutos
Yen Falls After Takaichi Elected As Japan PM

Yen Falls After Takaichi Elected As Japan PM

The Japanese yen weakened against other major currencies in the Asian session on Thursday, as traders expect that the incoming prime minister, Sanae Takaichi, would support accommodating monetary policy and pursue expansionary fiscal policies.
RTTNews | hace 1h 38min
Bank Of Korea Holds Rate At 2.50%

Bank Of Korea Holds Rate At 2.50%

The Bank of Korea retained its interest rate on Thursday as inflation remained stable and economic growth continued to improve amid rising concerns over the heated property market. The Monetary Policy Board of the Bank of Korea decided to leave the Base Rate unchanged at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
RTTNews | hace 2h 27min
European Economic News Preview: French Business Confidence Data Due

European Economic News Preview: French Business Confidence Data Due

Business sentiment from France and industrial trends survey from the UK are the top economic news due on Thursday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue business confidence survey data is due. The manufacturing sentiment index is forecast to remain unchanged at 96 in October.
RTTNews | hace 4h 0min
European Shares Seen Lower With US-China Tensions In Focus

European Shares Seen Lower With US-China Tensions In Focus

European stocks are seen opening a tad lower on Thursday after reports emerged that the Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, stoking fresh trade tensions.
RTTNews | hace 4h 16min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | hace 4h 22min
Sensex, Nifty Open On Buoyant Note Amid Trade Deal Hopes

Sensex, Nifty Open On Buoyant Note Amid Trade Deal Hopes

Indian shares opened on a buoyant note on Thursday after reports suggested that India and the United States are close to finalizing a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15-16 percent from the current average of 50 percent.
RTTNews | hace 5h 25min