When Tim Cadogan took the reins as CEO of GoFundMe in March of 2020, the COVID-19 pandemic was beginning to sweep across the world and would soon set the tone for the start of his tenure. “I came in knowing that GoFundMe was an important part of people’s lives but the level of need and the way people were able to help each other in the pandemic took it to a whole different level,” The company he helms crosses the 15-year milestone May 6 and announced that it has raised $40 billion in that time, a figure he says does not capture the…
Author: Olivia Martinez
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply. Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher stock price or market value or improved operating profits. The Associated Press’ CEO compensation survey, which uses data analyzed for The…
The new chief operating officer of Guernsey’s specialist medical care provider said he was attracted to the role by the organisation’s aspirations to be “world-class”. Dr Farid Fouladinejad joins the Medical Specialist Group (MSG) with more than 20 years’ experience working for the NHS in London. The MSG said he had a wealth of experience and his “strong strategic insight”, combined with his “calm and cooperative leadership style” made him a great fit. “I was attracted by a job description that showed an organisation that is very aspirational,” said Mr Fouladinejad. ‘Thorough and professional’ The new CEO said MSG’s aim…
Britain announced a major investment in wind power Thursday as it hosted an international summit on energy security — with Europe and the United States at odds over whether to cut their reliance on fossil fuels. U.K. Prime Minister Keir Starmer said the government will invest 300 million pounds ($400 million) in boosting Britain’s capacity to manufacture components for the offshore wind industry, a move it hopes will encourage private investment in the U.K.’s renewable energy sector. Surging energy prices and the Russia-Ukraine war have made European leaders think hard about global energy security an their reliance on Russian natural gas. Ukraine halted Russian gas supplies to…
Unilever has announced that it will close down REN Clean Skincare, the pioneering ‘clean’ skin care brand that it bought in 2015. The FMCG giant announced the brand will disappear from shelves for good after 25 years in a statement on Thursday, saying it took the “difficult decision” after a consultation. Blaming “a combination of internal factors, compounded by market challenges in recent years” Unilever said that this “has left the brand unable to sustain success in the long term”. “We are proud of the REN team for all they have accomplished during 25 years of business, putting ‘clean’ skin care on…
In a market where healthy scalp = healthy hair is the new mantra, AROMASE’s award-winning formulas, including the 5α Juniper Scalp Purifying Liquid Shampoo, deliver a science-backed solution tailored for individuals seeking to address common scalp concerns such as dandruff, oil imbalance, itchiness, and sensitivity. By integrating skincare principles into scalp care, the brand reinforces that the scalp, like facial skin, deserves dedicated attention and specialised care. “Scalp care is no longer a luxury limited to professional salons,” says Eric, the founder of AROMASE. “We’re proud to be part of a movement that empowers consumers to take control of their scalp health…
Whether it’s the bright, fresh scent of Italian bergamot, neroli blossom and fresh vetiver, or the energising, fruity blend of cherry, red apple and amber: these are fragrance profiles that you would imagine finding in perfume, rather than in men’s deodorants. Yet specialist brands such as Salt + Stone, Native, AKT, Each & Every and Cremo are repositioning deodorant as a fine fragrance essential. The trend moves the category on from traditional men’s products, where scent would be limited to single word descriptions such as ‘fresh’ or ‘cool’, and the promise of a ‘masculine scent’. The personal care space has seen the elevation of…
In 1999, I took a weeklong vacation with a friend to Mazatlán, Mexico — and it was love at first sight. I was so smitten with the beach city that I went to a realtor the next day and bought a small house for $28,000. My plan was to make it a second home for when I wanted to get away from California. But in 2002, at 49 years old, I decided to follow my favorite mantra — “Leap, and the net will appear” — and left the U.S. to live in Mexico full-time. After a few years in Mazatlán, I was ready for a…
Vegan vs cruelty-free – Why third-party vegan certification is key The global vegan cosmetics market is projected to reach a staggering $32.5 billion by 2032, but as demand grows, so does the need to provide consumers with symbols they can trust and recognise. What does ‘cruelty-free’ mean? A product labelled as ‘cruelty-free’ focuses exclusively on one ethical consideration: the absence of animal testing. The increase on popularity of this term is part of the growing consumer demand for more ethical beauty products. However, this designation tells only part of the story. The ‘cruelty-free’ term comes with some significant limitations that consumers should understand:…
Alli Webb knows that her life probably looked exciting and glamorous from the outside. The co-founder of Drybar spent nearly a decade, starting in 2010, growing her mobile hair-styling side hustle into a popular chain of salons that now has more than 160 locations across the U.S. The company was acquired by Helen of Troy in 2019 for roughly $255 million, and Webb racked up accolades and startup fame along the way. “I knew my life was going to change forever,” Webb, 48 But a thriving business isn’t always a recipe for happiness. Within seven years of launching Drybar, “everything was starting to…