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LinkedIn Names Dan Shapero CEO As Ryan Roslansky Steps Down

LinkedIn is entering a new leadership phase as CEO Ryan Roslansky steps down after several years in the role. Dan Shapero, currently Chief Operating Officer, assumes the position with immediate effect. The transition comes at a time when the platform continues to expand its global reach and product offering.

Leadership Transition With A Clear Strategic Vision

Roslansky joined LinkedIn in 2009 as part of the early leadership team under Jeff Weiner. Over time, he held roles across multiple areas of the business before becoming CEO in June 2020, during a period of significant disruption caused by the global pandemic.

During his tenure, LinkedIn’s membership grew from 700 million to 1.3 billion users. Annual revenue increased from approximately $8 billion to over $17 billion, reflecting expansion across hiring solutions, advertising, and premium subscriptions.

Transforming The Platform: Beyond A Jobs Board

Under Roslansky’s leadership, LinkedIn continued to evolve beyond a traditional recruitment platform. The network expanded its focus on content, including professional insights, career advice, and user-generated posts, which contributed to higher engagement levels. This shift supported LinkedIn’s dual role as both a hiring marketplace and a professional content platform used by individuals and organizations globally.

Strengthening The Microsoft Partnership

Following its acquisition by Microsoft in 2016, LinkedIn has operated as part of a broader technology ecosystem. Roslansky also served in a senior leadership capacity within Microsoft, reflecting deeper integration between the two organizations. The leadership transition maintains this structure, with Dan Shapero expected to continue aligning LinkedIn’s strategy with Microsoft’s wider product and technology roadmap.

Outlook

LinkedIn enters this leadership transition with an expanded user base and diversified revenue streams. The next phase is expected to focus on scaling engagement, strengthening monetization, and further integrating services within Microsoft’s ecosystem, while maintaining its position as a core platform for professional networking.

Robust Cyprus Construction Activity Bolsters Vassilico Cement’s 2025 Performance

Vassilico Cement Works Public Company Ltd reported a net profit of €35.52 million for 2025, supported by strong construction activity in Cyprus. Company profit reached €34.99 million, reflecting higher revenues and improved operating performance.

Domestic Market Growth Driven By Cyprus Construction

Group revenue rose to €152.75 million, while company revenue reached €152.66 million, up 11% year on year. Growth was driven by increased sales volumes in the domestic market, where construction activity remained strong throughout the year.

Enhanced Production Efficiency And Cost Management

Gross profit increased to €50.30 million at group level and €50.21 million at company level, compared with €42.49 million in 2024. The improvement reflects gains in production efficiency and cost control, supported by higher use of alternative fuels and improved electricity efficiency. These measures reduced unit costs while supporting environmental targets.

Executive Insights And Macroeconomic Outlook

Executive Chairman Antonis Antoniou said strong domestic demand supported production volumes, with the company maintaining focus on the local market and managing exports selectively. He added that favorable economic conditions in Cyprus contributed to performance, despite regulatory pressures in Europe and broader geopolitical uncertainty.

Navigating Energy And Regulatory Challenges

Future performance will be influenced by energy market volatility and European climate policy, including carbon pricing and the Carbon Border Adjustment Mechanism. Rising fuel and electricity costs continue to affect energy-intensive industries.

The company is expanding its renewable energy capacity, with a photovoltaic park reaching 16MW and plans for an additional 8MW, subject to grid connection. The investments aim to improve cost stability and energy efficiency.

Shareholder Returns And Strategic Investments

The board approved an interim dividend of €0.15 per share, totaling €10.79 million, on September 25, 2025. A final dividend of €16.55 million, or €0.23 per share, will be proposed. Combined, total dividends amount to €27.34 million, or €0.38 per share.

Management said the company will continue focusing on efficiency, cost control and sustainability as it navigates energy market pressures and regulatory requirements.

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