GTT Board Chair: Catherine Ronge Succeeds Philippe Berterottière
GTT named independent director Catherine Ronge board chair. She succeeds Philippe Berterottière, who leaves Nov. 16 after 17 years, with François Michel as CEO.
The chief executive officer sits at the top of a company's management structure. The CEO sets strategy, allocates capital, and answers to a board of directors that can hire, guide, or replace them. In technology and industrial firms alike, the person in that seat often shapes how quickly a company ships products, how it weathers downturns, and how investors judge its prospects.
Leadership transitions are drawing more attention as a generation of founders and long-tenured executives prepares to step back. Many are choosing gradual handoffs, giving up day-to-day control while staying on as board members or chairs. This keeps institutional knowledge close but can blur lines of authority for a successor.
Meanwhile, companies in demanding sectors such as defense manufacturing are relying on experienced former leaders to steady their boards during periods of expansion. Whether the CEO and chair roles are split, and who holds each, has become a recurring governance question for shareholders.
This hub tracks news about the people running companies and the boards that oversee them, including:
The change might happen at a game developer, an engineering firm, or a sprawling holding company. Either way, coverage here focuses on what a new leader inherits and what the shift may signal about a company's direction.
GTT named independent director Catherine Ronge board chair. She succeeds Philippe Berterottière, who leaves Nov. 16 after 17 years, with François Michel as CEO.
HII elected former CEO Mike Petters, its first chief after the 2011 Northrop spin-off, to its board, growing it to 12 members as it expands Navy shipbuilding.
Housemarque co-founder Ilari Kuittinen left the Saros studio Aug. 31 after 31 years. Deputy Sami Hakala became managing director on July 1.
Apple, Berkshire, Nazara, Provi, Omelete and AGNT moved founders and longtime CEOs into chair or advisory roles, while Better.com's handoff became a proxy war.
Warren Buffett, 96, stepped down as Berkshire Hathaway chairman Sept. 18. He is now chairman emeritus, his son Howard is chair, and Greg Abel remains CEO.