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Stories tagged: CEO


Sears’ CEO has come up with a last-minute plan to save it from bankruptcy

Sears could face bankruptcy if it doesn’t meet its next debt payment, due in the coming weeks. Now, the retailer’s chief executive has come up with a last-minute plan to …


Will adding a sour kick get millennials to eat raisins?

Sun-Maid Raisins is easily one of the most recognizable brands in the United States. But even the company’s iconic red bonnet-wearing farm girl hasn’t been enough to keep this century-old …


AutoNation chief, after 20 years, is turning over the keys

Mike Jackson is stepping down after almost two decades leading AutoNation, the largest dealership chain in the U.S.


UPDATED: Tue., Sept. 4, 2018, 7:20 p.m.

Twitter CEO says company isn’t biased, wants healthy debate

Twitter’s CEO says the company isn’t biased against Republicans or Democrats and is working on ways to ensure that debate is healthier on its platform.


Twitter CEO defends decision not to ban Alex Jones, Infowars

Twitter CEO Jack Dorsey defended his company’s decision not to ban right-wing conspiracy theorist Alex Jones and his “Infowars” show, as many other social media platforms have done, saying he …


PepsiCo’s Indra Nooyi latest high-profile female CEO to exit

With Indra Nooyi exiting PepsiCo as its longtime chief executive, the circle of CEOs in the Fortune 500 is losing one of its highest profile women.


UPDATED: Mon., July 16, 2018, 3:32 p.m.

Airbus CEO Enders says challenge to Boeing will grow even stronger

An exclusive interview in London with Tom Enders, who will leave his CEO post in April after 18 years reshaping Airbus.


Scandal-hit USOC picks golf executive Sarah Hirshland as CEO

Sarah Hirshland is known as the tough negotiator who helped the U.S. Golf Association broker media and sponsorship deals, including its 12-year TV contract with Fox. Her next job, as …


Barnes & Noble terminates CEO for company policy violations

Barnes & Noble Inc. is terminating CEO Demos Parneros after barely a year on the job for violating company policies.


Intel CEO out after consensual relationship with employee

Intel CEO Brian Krzanich resigned after the company learned of what it called his consensual relationship with an employee.


UPDATED: Mon., June 18, 2018, 2:58 p.m.

Audi CEO detained in diesel emissions case

German authorities on Monday detained the chief executive of Volkswagen’s Audi division, Rupert Stadler, as part of a probe into the manipulation of emissions controls.


UPDATED: Wed., May 30, 2018, 1:57 p.m.

Snap CEO Evan Spiegel says charges of sexism at his company are a ‘wake-up call’

Snap Inc. Chief Executive and co-founder Evan Spiegel said a widely-shared email by a former software engineer who accused the company of harboring a “sexist” and “toxic” workplace culture was …


For CEOs, $11.7 million a year is just middle of the pack

Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. Across the S&P 500, compensation for …


UPDATED: Tue., May 22, 2018, 3:29 p.m.

J.C. Penney CEO Ellison departs for Lowe’s

J.C. Penney CEO Marvin Ellison, a former Home Depot executive, is leaving the department store chain after less than four years to become the top executive at Lowe’s.


Suzanne Scott promoted to chief executive of Fox News

Suzanne Scott has been been elevated to chief executive officer of Fox News, the company announced Thursday.


UPDATED: Mon., April 16, 2018, 9:14 p.m.

Starbucks to train workers on ‘unconscious bias,’ CEO says

Starbucks wants to add training for store managers on “unconscious bias,” CEO Kevin Johnson said Monday, as activists held more protests at a Philadelphia store where two black men were …


UPDATED: Sun., April 15, 2018, 4:55 p.m.

Starbucks CEO apologizes to 2 black men arrested

Starbucks sells itself as a community gathering spot as much as a coffeehouse, a welcoming place with comfortable chairs for lingering, trendy music and Wi-Fi. That’s one reason the arrest …


Martin Sorrell steps down as CEO of advertising giant WPP

Martin Sorrell is stepping down as chief executive of WPP, the world’s largest advertising agency, following allegations of personal misconduct.


UPDATED: Wed., April 11, 2018, 8:28 p.m.

Median CEO pay for the 100 largest companies reached a record $15.7 million in 2017

A booming stock market and bulging equity awards propelled the median 2017 compensation for CEOs of the 100 largest companies to the highest figure in 11 years, according to a …


UPDATED: Tue., April 10, 2018, 3:32 p.m.

Is Facebook really changing? Or just trimming its data haul?

Lost amid a flurry of Facebook announcements about privacy settings and data access is a much more fundamental question: Is Facebook really changing its relationship with users, or just tinkering …


UPDATED: Wed., March 28, 2018, 4:44 p.m.

Equifax hires financial executive Mark Begor as new CEO

Equifax tapped longtime financial industry executive Mark Begor as its new permanent CEO, the company said Wednesday, as Equifax continues to try to recover from fallout surrounding the company’s massive …


Lowe’s Chairman and CEO Niblock retiring

Lowe’s chairman and CEO is retiring at a time when the home improvement chain is looking to rev up business and compete better with its rival Home Depot.


UPDATED: Tue., March 20, 2018, 7:13 p.m.

Montana says Hecla, CEO violated ‘bad actor’ law

Hecla Mining Co. could be forced to pay the state of Montana more than $30 million in cleanup costs from pollution at several former mining sites before it can pursue …


Goldman Sachs CEO succession clearer with Schwartz retiring

Goldman Sachs said Monday that Harvey Schwartz, its co-chief operating officer, will retire next month, clearing the way for David Solomon to eventually become the next chief executive of the …


UPDATED: Mon., Feb. 5, 2018, 11:20 a.m.

Saks parent taps health care world for next CEO

The company that owns department store chains Saks Fifth Avenue and Lord & Taylor is tapping the world of health care for its next CEO.


UPDATED: Fri., Dec. 22, 2017, 2:44 p.m.

Ex-Miss Americas shamed by pageant CEO call for his ouster

Dozens of former Miss Americas called on leaders of the pageant organization to step down in the wake of an email scandal in which the CEO and other officials used …


How Target CEO Brian Cornell is facing down a retail apocalypse

Now facing increased competition from Amazon.com and a resurgent Wal-Mart Stores, Cornell, 58, has responded by unveiling a $7 billion plan to open smaller urban stores, remodel others and lower …


Massage Envy ‘shaken’ by reported sexual misconduct at spas

Officials at Arizona-based Massage Envy said Tuesday that reports of sexual misconduct at its franchise spas are “heartbreaking” and the company is strengthening screening and reporting procedures.


Chipotle, looking for a turnaround, shops for new CEO

Chipotle is looking for a new CEO to help turn the restaurant chain around, after a long struggle to recover from a series of food safety scares.


UPDATED: Fri., Nov. 10, 2017, 3:21 p.m.

Equifax apologizes again, lays out costs going forward

A day after posting sizeable profit declines due to a massive data breach, Equifax said it expects to incur related costs of between $60 million to $75 billion in the …