All articles tagged with #leadership changes
CarMax reported a decline in used vehicle sales and earnings for Q3 FY2026, with leadership changes and ongoing cost reduction efforts, while auto finance income increased and share repurchases continued.
Paramount TV Studios is restructuring its leadership team following layoffs and its merger with Skydance, with Matt Thunell appointed to lead the new organization, which aims to enhance collaboration and growth in television production.
Fiserv's stock dropped 44% after the company cut its earnings outlook and announced leadership changes, with revenues and earnings falling short of expectations, prompting strategic adjustments and a move to Nasdaq.
The Trump administration is considering replacing up to 12 senior field office directors at ICE with leaders from Customs and Border Protection to boost deportations, a move led by DHS officials and advisers, signaling a shift in immigration enforcement strategy.
The 2025 MLB regular season has concluded with the playoff field set, teams preparing for postseason, and ongoing leadership evaluations and end-of-season press conferences providing insights into organizational directions.
Intel is undergoing significant leadership changes, including the departure of Michelle Johnston Holthaus after over 30 years, and the creation of a new central engineering group led by Srinivasan Iyengar to focus on custom silicon. The company also announced new leadership roles for Kevork Kechichian, Jim Johnson, and Naga Chandrasekaran, as part of its efforts to innovate and expand its product offerings amid recent government investments and strategic shifts.
Dick's Sporting Goods has completed a $2.4 billion acquisition of Foot Locker, creating a combined company with over 3,200 stores worldwide. Mary Dillon has exited as CEO of Foot Locker, and Ann Freeman, a Nike veteran, has been appointed president of Foot Locker North America, amid leadership restructuring aimed at revitalizing the brand and expanding growth. The deal is expected to generate significant cost synergies and enhance global retail presence.
OpenAI has acquired product testing startup Statsig for $1.1 billion to enhance its Applications division, appointing Statsig's CEO Vijaye Raji as CTO of Applications, and making leadership changes to support its growth in AI-powered products. The deal aims to accelerate product development, with Statsig operating independently out of Seattle pending regulatory approval.
Krafton has replaced leadership at Unknown Worlds, citing lack of direction and delays in Subnautica 2, which is now postponed to 2026. Former executives, including Charlie Cleveland, have filed a lawsuit against Krafton, alleging betrayal and disputes over compensation related to an earn-out agreement. Cleveland expressed disappointment and reaffirmed his commitment to the team and the game.
Warner Bros Games is undergoing a strategic refocus with recent leadership changes aimed at revitalizing its gaming division and adapting to industry shifts.
The FBI is experiencing significant upheaval under Director Kash Patel, who is removing senior officials, increasing the use of polygraph tests to prevent leaks, and reshaping the agency with a focus on political loyalty, raising concerns about expertise and independence.
Several top officials at ICE, including the agency's deportation chief Kenneth Genalo, are leaving their roles amid ongoing leadership changes, as the agency continues to grapple with resource challenges and immigration enforcement issues.
Two top ICE officials have been ousted amid White House pressure to increase immigrant arrests, with the agency falling short of the targeted 3,000 daily arrests despite recent rises, reflecting ongoing tensions over deportation goals.
Tim Kuniskis, a well-known executive at Stellantis, is returning to the automaker to lead the Ram Trucks brand after retiring earlier this year. His return follows the unexpected resignation of Stellantis CEO Carlos Tavares. Kuniskis is recognized for his role in revitalizing Dodge as a leading American muscle car brand. The leadership change is part of a broader restructuring of Stellantis' North American operations.
Stellantis has appointed Antonio Filosa, currently the North America COO and Jeep CEO, to oversee South America and the Chrysler, Dodge, and Ram brands following the departure of CEO Carlos Tavares. This move is part of a broader effort to address the leadership gap left by Tavares' exit.