International

| January, 2013

Leadership turnaround in Lufthansa airlines
 

Lufthansa, the biggest airline in Europe, has sorted out its leadership crisis. There was a dispute over its former CEO, Wolfgang Mayrhuber - should be elected its next chairman or not. One of the large German investor groups holding Lufthansa shares, Union Investment, announced earlier that it will vote against Mayrhuber. However, he has been elected as Chairman on May 7, 2013. Mayrhuber was Lufthansa’s CEO from 2003 to 2010, and has faced criticism from investors and senior management for the acquisition of Austrian Airlines and a large stake in Brussels Airlines, two troubled carriers still implementing restructuring plans. His critics also claim he did not do enough to counter competition from low-cost carriers.







Eao wins Innovative Enterprise Award 2013

EAO Corporation has bagged the 2013 Manufacturing Leadership 100 (ML100) Innovative Enterprise Award for pioneering Human Machine Interface (HMI) systems program. The ML100 Awards would like to honour both companies and individuals that provide better global manufacturing perspective. HMI is used for incorporating the human factors in the interface design are developed based on knowledge of computer science, such as computer graphics, operating systems, programming languages. Since the introduction of the HMI in 2009, its sales has increased manifold and the company projects a CAGR of over 100 percent for each of the next three years. Overall, HMI has innovated their sales process.




Bio-economical DuPont

Global worming has become a serious problem in today's world. So, Bioeconomy Leadership Award has taken the initiative to inspire corporations towards demonstrated and sustained leadership excellence in advancing the development of the biobased economy by honouring the frontrunners. DuPont has been awarded the title in 2013 for its pioneering work in two strategic areas: renewably sourced materials and fuels. DuPont broke ground on its commercial scale 30 million gallons per year cellulosic ethanol facility in Nevada, Iowa. The facility will be among the first and largest cellulosic biorefineries in the world upon completion in 2014.

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