Royal Dutch Shell Plc, Europe’s largest oil company, has started a search for a new chairman because Jorma Ollila is approaching nine years on the board, the maximum recommended for non-executives in the U.K., a person familiar with the process said.
Egon Zehnder International, an executive search firm, is getting three times as many calls as last year at its Mumbai office from Indian companies seeking women for board positions, spurred by a new law.
UBS AG is using search firm Egon Zehnder to help it find a new chief executive officer, the Wall Street Journal reported on its website. The Swiss bank is considering internal and external candidates and has already contacted former JPMorgan Chase & Co. executive Bill Winters, the Journal said.
Switzerland’s 165-year-old draft is set to withstand a third abolition attempt in two decades as voters in a Sunday referendum are seen backing a military tradition that has shaped generations of business executives.