Brands
Amit Verma appointed as executive director at JPMorganChase
MUMBAI: Amit Verma has taken the next decisive step in his global finance journey, joining JPMorganChase as an executive director from January 2026.
Sharing the update, Verma said he was delighted to begin the new role at the world’s largest bank, marking a fresh chapter in a career that blends technology, product thinking and leadership across continents.
Verma arrives at JPMorganChase after nearly eight years at Mastercard, where he played a key role in shaping digital payment products across Asia Pacific. Most recently, he served as director of product management, driving large-scale product strategy, go-to-market launches and cross-functional collaboration in a fast-evolving fintech landscape.
His Mastercard tenure saw him grow from product manager to regional leadership roles, steering gateway products and managing teams across markets. Known for combining design thinking with commercial rigour, Verma built a reputation for turning complex ideas into scalable, customer-ready solutions.
Before Mastercard, Verma’s career spanned global technology firms including Gemalto, STMicroelectronics, Samsung Electronics, Adobe and Hughes Systique Corporation. Starting out as a trainee engineer, he steadily climbed the ladder through software engineering, technical leadership and product management, gaining hands-on experience across hardware, software and digital platforms.
With two decades of experience behind him and a new leadership role ahead, Verma’s move to JPMorganChase signals not just a job change, but a full-circle moment from engineering roots to executive responsibility at the heart of global finance.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
