Journey Mentor Appoints Paul Sies as President and CEO

Journey Mentor, a leading travel-tech company, has appointed Paul Sies as its new President and CEO. With over 35 years of experience in aviation and hospitality, Sies brings a wealth of knowledge to his new role. He has held board and C-level positions across various airlines and travel enterprises, including Cyprus Airways, Air Malta, and Hillman Travel. Sies’ expertise in revitalizing struggling airlines and spearheading innovative new airlines will be valuable to Journey Mentor as the company continues to grow and innovate in the travel-tech sector.

CNH Industrial Downgraded to Neutral by Bank of America: New CEO Appointment Raises Uncertainty

CNH Industrial (NYSE: CNHI) has been downgraded to Neutral from Buy by analysts at Bank of America, citing uncertainty following the appointment of a new CEO. The move prompted a 4.3% premarket stock decline. Gerrit Marx will take over as CEO on July 1, succeeding Scott Wine. BofA noted that Wine’s strategy had recently improved cost-cutting, inventory management, and product simplification. The new price target for CNH is $13.20 per share, reflecting a reduced price-to-earnings multiple.

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