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“#Woke CEOs’ foolhardy bid to shape voting laws” More than 120 CEOs and other corporate leaders met on Zoom over the weekend to discuss how to exert pressure to influence legislation around the country. The media would be reporting it as a vast scandal if the agenda were right wing but these are woke executives….
“#GameStop reportedly initiates search for new CEO” GameStop is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday. It would be the biggest shakeup at GameStop since Ryan Cohen, the co-founder…
“#CEO at Johnson & Johnson COVID vaccine company got 51% raise” Emergent BioSolutions, the manufacturer at the center of the Johnson & Johnson coronavirus vaccine bungle, gave its chief executive officer a 51 percent compensation bump in 2020 — bringing his total remuneration to a whopping $5.6 million. On top of a lucrative $893,000 salary,…
“#Jamie Dimon says post-COVID boom will stretch into 2023” JPMorgan Chase CEO Jamie Dimon thinks the US economy is poised to come roaring back from the coronavirus crisis over the next two years. In his annual letter to shareholders, America’s most famous banker said hefty government spending and consumers’ pent-up savings have primed the nation…
“#CEO of self-driving company Waymo steps down” The head of Alphabet’s self-driving unit Waymo said on Friday he was stepping down as chief executive and would be replaced by a pair of executives. John Krafcik, a long-time auto industry executive who has headed Waymo for more than five years, will stay on as an adviser,…
“#Citigroup CEO Jane Fraser bans Zoom calls on Fridays” Citigroup has banned internal Zoom calls on Fridays in an effort to stop staffers from running themselves ragged while they work from home. Jane Fraser, the megabank’s newly minted CEO, announced the “Zoom-Free Fridays” policy in a company memo alongside other measures aimed at addressing “the…
“#Elon Musk is officially the ‘Technoking of Tesla’” Tesla is now officially Elon Musk’s kingdom. The electric-car maker told investors Monday that its billionaire chief executive had changed his company title to “Technoking of Tesla.” Tesla disclosed the change in a filing with the Securities and Exchange Commission without elaborating on why Musk had taken…
“#Ulta shares swooning on news of CEO departure” Ulta Beauty’s stock got a black eye from Wall Street after the company said its well-liked chief executive is stepping down. Shares of the make-up giant fell more than 10 percent on Friday after the company said Thursday that CEO Mary Dillon will be succeeded by the…
“#Ex-GE boss Jeff Immelt bares his singed soul in ‘Hot Seat’” In “Hot Seat,” Jeff Immelt’s highly readable yet flawed account of his controversial tenure as CEO of General Electric, he wastes little time letting the reader know he was handed an impossible job when he took over the company from the legendary Jack Welch….
“#Jeep parent Stellantis willing to ditch ‘Cherokee’ name” The boss of Jeep’s parent company says he’s willing to stop slapping the Cherokee Nation’s name on the automaker’s SUVs. Carlos Tavares, the CEO of newly formed auto conglomerate Stellantis, expressed openness to the change after the nation’s largest Native American tribe urged Jeep to ditch the…