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Ceo Transition

All articles tagged with #ceo transition

KO Stock Set for Q4 Showdown as Coca-Cola Names New CEO and Signals Dividend Thrust
market-news18 days ago

KO Stock Set for Q4 Showdown as Coca-Cola Names New CEO and Signals Dividend Thrust

Coca‑Cola is set to report its Q4 2025 results before the market opens, with expected EPS of $0.57 and revenue around $12.05 billion. KO has climbed over 10% in the past month and hit a 52‑week high on steady demand and pricing power. The company will name Henrique Braun as CEO on March 31, 2026, succeeding James Quincey, and is exiting North America’s frozen products category to focus on juice. Investors eye a potential dividend hike; analysts maintain a bullish stance with a Strong Buy consensus and price targets near $80–$88, while options imply about a 3% post‑earnings move. Risks include a strong dollar, pressure on low‑income consumers, shifting beverage preferences, and Pepsi’s ongoing competition.

via TipRanks|
#ceo-transition#coca-cola#dividends
Toyota Elevates CFO to CEO as Profitability Takes Center Stage
business21 days ago

Toyota Elevates CFO to CEO as Profitability Takes Center Stage

Toyota names CFO Kenta Kon as its new CEO starting April 1, with Koji Sato moving to vice chairman and a newly created Chief Industry Officer role. Kon’s finance-focused leadership comes as the automaker pushes services and partnerships to boost margins amid tariff headwinds and competition, while Sato focuses on manufacturing efficiency and cross-industry collaboration. Toyota recently sold 3% more vehicles globally but posted a 1.9% year-over-year drop in operating profit; it projects about $23.3 billion in operating profit for the fiscal year, a roughly 21% decline from the prior year.

via The Drive|
#business#ceo-transition#kenta-kon
Target's Internal CEO Faces Crunch: Slumps, Unrest, and Change
business29 days ago

Target's Internal CEO Faces Crunch: Slumps, Unrest, and Change

Michael Fiddelke, promoted from within, becomes Target's CEO at a time of flat/declining comparable sales, a weakening business, and community tensions in Minneapolis, with the outgoing CEO remaining as executive chairman. He faces balancing urgent turnaround efforts with worker and community concerns, while navigating a board that may resist drastic changes.

via Business Insider|
#business#ceo-transition#michael-fiddelke
Greg Abel succeeds Warren Buffett as Berkshire Hathaway CEO amid stock gains and strategic shifts
business1 month ago

Greg Abel succeeds Warren Buffett as Berkshire Hathaway CEO amid stock gains and strategic shifts

Warren Buffett has officially stepped down as CEO of Berkshire Hathaway, appointing Greg Abel as his successor. Abel, who has been with Berkshire since 2000 and previously led Berkshire Hathaway Energy, is expected to maintain the company's decentralized model while guiding its future growth. Buffett will remain as chairman, providing mentorship, and has expressed strong confidence in Abel's leadership. The transition marks a new era for the conglomerate, with some anticipated leadership adjustments but no major upheavals.

via CBS News|
#berkshire-hathaway#business#ceo-transition
Warren Buffett's Retirement Marks End of an Era for Berkshire Hathaway
business1 month ago

Warren Buffett's Retirement Marks End of an Era for Berkshire Hathaway

Berkshire Hathaway's shares slightly declined on Warren Buffett's last day as CEO, as he prepares to hand over leadership to Greg Abel. Buffett's investment since 1965 has yielded an extraordinary 6,100,000% return, outperforming the S&P 500. Buffett remains involved as chairman, while Abel will oversee key business segments, with the future of Berkshire's $283.2 billion stock portfolio still to be announced.

via Reuters|
#berkshire-hathaway#business#ceo-transition
Frontier Airlines Announces Leadership Change with Biffle's Departure
business2 months ago

Frontier Airlines Announces Leadership Change with Biffle's Departure

Frontier Group Holdings announced that James G. Dempsey, currently President, will become Interim CEO starting December 15, 2025, succeeding Barry Biffle who will stay on as an advisor until the end of the year. Dempsey has been with Frontier since 2014 and is expected to lead the airline into its next chapter, with the company reaffirming its financial guidance for Q4 2025 amid ongoing industry challenges.

via PR Newswire|
#airline-industry#barry-biffle#business
Warren Buffett Announces Retirement from Public Life and Increased Philanthropy
business3 months ago

Warren Buffett Announces Retirement from Public Life and Increased Philanthropy

Warren Buffett announced he will continue his annual Thanksgiving letter to shareholders, step back from writing Berkshire's annual report, and increase his charitable donations, as he prepares to retire as CEO and pass leadership to Greg Abel. He reflected on his life, expressed gratitude, and emphasized his commitment to philanthropy and his hometown of Omaha.

via Business Insider|
#berkshire-hathaway#business#ceo-transition
Target to Cut 1,800 Corporate Jobs in Major Restructuring
business4 months ago

Target to Cut 1,800 Corporate Jobs in Major Restructuring

Target is cutting about 1,800 corporate jobs, roughly 8% of its global corporate workforce, to streamline operations and focus on rebuilding its customer base amid declining sales and increased competition. The layoffs, mainly at its Minneapolis headquarters, are part of a broader effort led by new CEO Michael Fiddelke to improve merchandise selection, customer experience, and technology investment. The company aims to enhance decision-making and accelerate growth, while store employees and supply chain workers are unaffected.

via NBC News|
#business#ceo-transition#corporate-restructuring
Spotify's Daniel Ek to Step Down as CEO in 2026
business5 months ago

Spotify's Daniel Ek to Step Down as CEO in 2026

Daniel Ek, co-founder and CEO of Spotify, announced he will step down as CEO on January 1, 2026, transitioning to an executive chairman role, as the company faces artist protests and criticism over artist payouts and ties to military technology investments. The company will be led by co-CEOs Gustav Söderström and Alex Norström, with Ek focusing on long-term strategy.

via NPR|
#artist-protests#business#ceo-transition