The appointment comes months after former chief Adam Rytenskild resigned over allegedly using "offensive" and "inappropriate" language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures. "TAH has been without CEO since Mar-24, and given the variety of initiatives ongoing within the company, the appointment of Gillon McLachlan should be seen as positive," analysts at Jefferies wrote in a note. McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.
Philippine and Chinese vessels collided near the Second Thomas Shoal in the South China Sea on Monday, the Chinese Coast Guard said, as Beijing steps up efforts to push its claims over the disputed area.And it has in recent months stepped up moves against Philippine vessels in the area around the shoal.
Growing competition from China is weighing on the outlook for Germany's robotic industry, which is already struggling with falling orders in a weak domestic economy, a representative of the VDMA engineering association told Reuters. "Competition is fierce," Frank Konrad, head of VDMA's robotics and automation department, said in comments published on Monday. "Many Chinese suppliers have grown strongly in their home markets and are now pushing into Europe."
Thru | Total | Purse | ||
---|---|---|---|---|
F | -6 | $4,300,000 | ||
F | -5 | $2,322,000 | ||
F | -4 | $1,229,051 | ||
F | -4 | $1,229,051 | ||
F | -3 | $843,765 | ||
F | -2 | $748,154 | ||
F | -1 | $639,289 | ||
F | -1 | $639,289 | ||
F | E | $502,391 | ||
F | E | $502,391 |