Capital A chief Fernandes defers retirement, renews contract for 5 years

Yahoo Finance— KUALA LUMPUR (Reuters) -Capital A's Tony Fernandes said on Wednesday he has agreed to put aside retirement plans and has signed a new five-year contract to continue as chief executive of the company, the operator of budget airline group AirAsia. Fernandes, who said in January he intended to retire within the next five years, said he made the decision to renew his contract following requests from the company's board to stay on. "Retirement plans had to be put on hold to ensure we survive,"...

Hong Kong Free Press HKFP—HSBC chief executive Noel Quinn ‘to retire’ after overseeing record profits in ‘intense 5 years’. By Holmes Chan Banking giant HSBC said Tuesday that chief executive Noel Quinn would retire after overseeing a “successful transformation” of the firm and record profits during almost five years in charge. The surprise news came as the lender reported that pre-tax profits in the first quarter fell by US$200 million to US$12.7 billion, while […]

Arkansas Times—Year-to-date state revenue down 5.5% compared to last year. Sales tax collections are up about 3% over last year.

Lake and McHenry County Scanner—5-year anniversary marked in murder, discovery of 5-year-old AJ Freund from Crystal Lake. The five-year anniversary was marked Wednesday in the discovery of AJ Freund, the 5-year-old Crystal Lake boy who was murdered by his parents and falsely reported missing before his body was found. JoAnn Cunningham and Andrew Freund Sr., the parents of AJ, reported the boy missing on April 18, 2019. Andrew Freund Sr. told dispatchers […]