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Executives

All articles tagged with #executives

Tricolor Executives Face Fraud Charges Amid Bankruptcy and CEO Bonus Controversy

Originally Published 27 days ago — by CNN

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Source: CNN

Federal prosecutors have charged top executives of the bankrupt subprime auto lender Tricolor with conspiracy to commit fraud, including schemes like double-pledging collateral, which led to a billion-dollar collapse affecting banks, investors, and employees. The indictment highlights misconduct by CEO Daniel Chu and COO David Goodgame, with some former executives cooperating with investigations, and reveals significant financial losses for major banks involved.

Tricolor Executives Face Fraud Charges Amid Bankruptcy and Legal Scrutiny

Originally Published 27 days ago — by CNN

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Source: CNN

Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiracy to defraud lenders and investors, leading to the company's bankruptcy and significant financial losses for banks like JPMorgan Chase and Fifth Third Bank, amid allegations of widespread fraud and misappropriation by company leadership.

Elon Musk to settle $128M lawsuit with former Twitter executives over severance

Originally Published 3 months ago — by The Verge

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Source: The Verge

Elon Musk has agreed to settle a lawsuit with four former Twitter executives over $128 million in unpaid severance, following their claims that Musk prematurely closed the Twitter acquisition to avoid paying stock options. The settlement is pending certain undisclosed conditions, with the lawsuit resuming if these are not met by October 31st.

Sports Illustrated's 2025 Power List Highlights Top Influential Sports Figures

Originally Published 3 months ago — by Sports Illustrated

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Source: Sports Illustrated

Sports Illustrated's 2025 Power List highlights the 50 most influential figures in sports, including athletes like Jayden Daniels and Aitana Bonmatí, executives such as Roger Goodell and Howie Roseman, and influencers like Timothée Chalamet and Cristiano Ronaldo, showcasing diverse ways power is exerted in the sports world today.

Rising Threats Prompt Record Security Spending for Executives and Public Safety

Originally Published 5 months ago — by Barron's

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Source: Barron's

Following recent violent attacks in Manhattan targeting high-profile individuals, companies are significantly increasing security measures for executives, with security spending rising sharply since 2020, especially in tech and communication sectors. Experts warn that threats are escalating due to societal normalization of violence and advances in technology like AI, prompting a need for more visible security measures over the next couple of years.

Paramount Announces Leadership Team and Executive Changes Post-Merger

Originally Published 5 months ago — by Variety

Paramount's leadership team is being assembled ahead of the Skydance merger, with key executives from RedBird, NBCU, and other major companies taking on top roles, including David Ellison as chairman and CEO, Andy Gordon as COO, and others overseeing various divisions, signaling a strategic restructuring for the upcoming merger.

Nvidia's Leadership and AI Boom Fuel Billionaire Growth and Industry Influence

Originally Published 5 months ago — by Bloomberg.com

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Source: Bloomberg.com

Two Nvidia executives, CFO Colette Kress and Sales Chief Jay Puri, have become billionaires due to the company's rapid growth and stock performance, highlighting the wealth generated in the AI industry. Nvidia's stock has surged over 1,100% since 2023, making it the first $4 trillion company, and CEO Jensen Huang has become one of the world's wealthiest individuals, reflecting the booming AI sector and Nvidia's pivotal role in it.

Four VW Ex-Executives Convicted and Sentenced for Dieselgate Fraud

Originally Published 7 months ago — by Newser

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Source: Newser

Four former Volkswagen executives were convicted of fraud related to the Dieselgate emissions scandal, with sentences ranging from suspended to prison time. The scandal, which involved installing software to cheat emissions tests, has significantly impacted VW's market share and cost the company over $33 billion in fines and compensation. While some high-ranking officials, including the former CEO, face charges, others remain under investigation, highlighting ongoing issues within the company.

Gen Z Embraces AI Despite Job Fears, While Bosses Feel Secure

Originally Published 1 year ago — by Fortune

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Source: Fortune

A recent survey reveals that 62% of Gen Z workers fear AI could replace their jobs within a decade, while only 6% of executives share this concern. Gen Z's anxiety stems from their early career stage and the repetitive nature of entry-level tasks that AI can automate. In contrast, seasoned executives feel secure due to their experience and skills that AI cannot yet replicate. The survey highlights a generational divide in perceptions of AI's impact on job security, with younger workers feeling more vulnerable than their senior counterparts.

"Trump Media Executives Profit Despite Halving Share Price"

Originally Published 1 year ago — by Benzinga

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Source: Benzinga

Despite Trump Media's falling share price, executives are receiving significant financial compensation in the form of promissory notes, with CEO Devin Nunes receiving $1.15 million, CFO Phillip Juhan receiving $4.9 million, and COO Andrew Northwall receiving $200,000. The company's shares have plummeted by 55% since reaching a high of $80 after its merger, raising concerns as it posted a net loss of $58 million last year on revenue of $4.1 million. Additionally, the company is funded by a retail investor base, with former President Trump being the majority shareholder.