CEO's On the Move

The South Indian Bank Ltd. Appoints V.G. Mathew as MD and CEO, with Effective from October 1, 2014
09/22/2014
The South Indian Bank Ltd. (SIB:IN:National Stock Exchange of India) The South Indian Bank Ltd. announced that the reserve bank of India has conveyed their approval for appointment of Sri. V.G. Mathew as MD & CEO of the bank for a period of three years with effective from October 1, 2014.

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Executive Changes

Mount Burgess Mining and Mount Burgess (Botswana) (Proprietary) Ltd. Announces Resignation of Ben Mosigi as a Director
09/23/14
Mount Burgess Mining announced that Mr. Ben Mosigi, BSc, MSc, geologist and resident of Botswana, has asked to be relieved of his responsibilities as a Director of the company and its wholly owned subsidiary Mount Burgess (Botswana) (Proprietary) Ltd. Accordingly the Board has accepted Ben's resignations.
Top Image Systems Ltd. Announces Executive Changes
09/23/14
Top Image Systems Ltd. announced the TIS Board of Directors approved the appointment of TIS' current COO Michael Schrader to the position of CEO. TIS' current CFO, Lyron L. Bentovim, will fill the COO position that Mr. Schrader previously held. Michael Schrader, TIS' Chief Operating Officer, was promoted to his current position in November 2013, after serving in the capacity of TIS' CTO and SVP, Global Solutions. Mr. Schrader first joined TIS in 1999 and rapidly progressed within the company, serving as a software engineer, a technical team leader, International Strategic Project Manager, Director of Engineering for Europe and then General Manager of TIS German and later all TIS's EMEA Operations. Lyron L. Bentovim was appointed Chief Financial Officer of Top Image Systems in August 2014 following his membership of the TIS Board of Directors since 2008. Upon his appointment as CFO, Mr. Bentovim has taken responsibility for the post-merger integration (PMI) of eGISTICS Inc., the Dallas, Texas based private cloud-based data and document management software company acquired by Top Image Systems in August of this year, while also acting as a primary liaison with U.S.-based investors.
X5 Retail Group N.V. Announces Management Changes
09/23/14
X5 Retail Group N.V. announced that Janusz Lella will be stepping down as general director of X5's Perekrestok supermarket chain. Vladimir Sorokin will be promoted to general director of Perekrestok and to the Company's executive board effective 1 October 2014. Mr. Sorokin was most recently director of category management for Pyaterochka, X5's chain of economy class stores, where he oversaw the successful implementation of the chain's category management function and new assortment.

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Top Compensated Executives at SIB:IN

Name/TitleAnnual Compensation
There is no Top Compensated Executives data available.

Average Compensation in the Banks Industry

Banks
$717.1K
Diversified Banks
$1.3M
Regional Banks
$507.4K
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