Tag

Corporate Leadership

All articles tagged with #corporate leadership

business18 days ago•5 min saved

Costco’s Unlikely CEO Bets Big on Bold, Bipartisan Moves

Ron Vachris rose from forklift driver to Costco CEO in 2024 and has steered the retailer toward visible, sometimes controversial positions—backing DEI policies and suing the Trump administration over tariffs. Analysts say Costco’s loyalty (more than 90% member renewal) and low turnover make it more resilient to blowback, allowing the company to take stands many peers avoid. The leadership emphasizes a bipartisan reputation and internal culture, helping Costco weather political headwinds while maintaining its value-focused brand.

via cnn.com|

#business #corporate-leadership #costco

business1 month ago•3 min saved

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

business1 month ago•5 min saved

Louis Gerstner, Key Architect of IBM Revival, Dies at 83

Louis Gerstner, credited with transforming IBM from a struggling hardware company into a leading services and software enterprise during his nine-year tenure as CEO, passed away at 83. His strategic shift towards middleware, internet, and e-business, along with cost-cutting and cultural changes, significantly increased IBM's market value and revenue, leaving a lasting legacy in corporate leadership.

via Bloomberg.com|

#business #corporate-leadership #ibm

business2 months ago•1 min saved

Coty appoints P&G veteran as interim CEO amid leadership changes

Coty has appointed a veteran from Procter & Gamble as its new executive chair as part of a leadership restructuring.

via Financial Times|

#business #corporate-leadership #coty

business2 months ago•1 min saved

Kraft Heinz appoints Steve Cahillane as new CEO ahead of company split

Kraft Heinz has appointed a former Kellanova executive as its new chief, signaling a leadership change in the company.

via Financial Times|

#business #business-news #ceo-appointment

business3 months ago•1 min saved

Goldman Sachs Promotes Diverse Leadership Amidst Gender and Regional Shifts

Goldman Sachs announced its Managing Director Class of 2025, comprising 638 leaders across 54 offices who have significantly contributed to the firm's success and culture, with a focus on client service, operational excellence, and leadership development.

via Goldman Sachs|

#2025-class #business #corporate-leadership

business3 months ago•6 min saved

Goldman Sachs Promotes 638 to Managing Director Amidst Gender and Regional Shifts

Goldman Sachs promoted 638 employees to managing director, about 5% more than in 2023, with over 70% from revenue-generating divisions, reflecting a strong year for dealmaking and trading. The new class includes 27% women, with diversity statistics also provided, and the promotions are part of Goldman Sachs' biennial leadership advancement process.

via Business Insider|

#business #corporate-leadership #financial-services

business4 months ago•2 min saved

Amazon Devices Senior VP Exits Again This Month

Amazon is experiencing leadership changes in its Devices division, with another senior vice president departing this month, indicating potential shifts or restructuring within the unit.

via TipRanks|

#amazon #business #corporate-leadership

business4 months ago•1 min saved

Apple's Leadership Shakeup Signals Major Health and Services Expansion

Apple is undergoing a series of executive changes in anticipation of COO Jeff Williams' retirement, including shifts in leadership for services, health, and hardware divisions, with some internal investigations and evaluations of future roles for key executives.

via The Verge|

#apple #business #corporate-leadership

business4 months ago•2 min saved

Apple Reshuffles Leadership to Boost Health and Fitness Initiatives

Apple is reorganizing its leadership team in anticipation of a new focus on health-related products and services, signaling a strategic shift towards health technology.

via TipRanks|

#aapl #apple #business

business6 months ago•2 min saved

Target CEO Resigns Amid Sluggish Sales and Share Decline

Target's CEO Brian Cornell will step down in early 2025 after over a decade, with COO Michael Fiddelke set to succeed him amid sluggish sales and recent challenges in the retail environment. Cornell will become executive chair, as the company reports slow sales, a 21% drop in net income, and ongoing efforts to improve performance and manage costs.

via ABC News|

#business #ceo-change #corporate-leadership

business7 months ago•2 min saved

Procter & Gamble appoints Shailesh Jejurikar as new CEO to drive growth

Procter & Gamble CEO Jon Moeller is stepping down after four years to become executive chairman, with COO Shailesh Jejurikar set to succeed him as CEO starting January 2026, in a planned leadership transition.

via CNBC|

#business #ceo-transition #corporate-leadership

business7 months ago•7 min saved

Shailesh Jejurikar Named P&G CEO to Drive Growth and Restructuring

Procter & Gamble announced that Shailesh Jejurikar will succeed Jon Moeller as CEO effective January 1, 2026, with Moeller becoming Executive Chairman. Jejurikar, a long-time P&G leader, has been recognized for his contributions across various regions and categories. The company highlighted a strategic leadership transition aimed at sustaining growth and value creation.

via Procter & Gamble|

#business #corporate-leadership #jon-moeller

technology7 months ago•13 min saved

Demis Hassabis: Leading Google's AI Future and UK Tech Influence

Demis Hassabis, CEO of DeepMind and a key figure in Google's AI efforts, is increasingly central to Google's AI strategy, potentially positioning him as a future CEO. His leadership has evolved from maintaining independence for DeepMind to integrating it more deeply into Google's operations, amid intense competition in AI development, especially against rivals like OpenAI and China. Despite his scientific focus and achievements, including a Nobel Prize, Hassabis faces the challenge of balancing innovation with corporate and ethical considerations as he pushes toward artificial general intelligence.

via Business Insider|

#ai-race #corporate-leadership #deepmind

business8 months ago•1 min saved

Boeing Appoints New CFO Amid Leadership Changes

Boeing has appointed former Lockheed Martin CFO Jay Malave as its new CFO, effective August 15, to help lead its transformation and improve its financial stability, succeeding Brian West who will remain in an advisory role.

via Yahoo Finance|

#boeing #business #cfo