Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see if their jobs are affected. Chief Executive Andy Jassy said Thursday that while Amazon AMZN, Read more
Tag: CEO
Visa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan McInerney, the company’s current president and a veteran of the Read more
Binance CEO tweets regret at not shorting FTX token
The chief executive of Binance said he regretted not betting against the token tied to the failed FTX cryptocurrency exchange. Changpeng Zhao, the co-founder and CEO of Binance who is Read more
‘I have never before seen a CEO take responsibility as he does’: investor Bill Ackman comments on Sam Bankman-Fried in now-deleted Tweet
Bill Ackman, famous hedge fund billionaire investor, defended former chief executive of crypto exchange FTX Sam Bankman Fried’s leadership in a now deleted Tweet on Thursday. “You have to give Read more
Tesla stock set to lose more than 8% this week as CEO Elon Musk completes another roller coaster week at Twitter
Tesla Inc. stock is looking at an 8% loss for the week, underperforming the broader stock market and auto peers as Chief Executive Elon Musk finished another roller-coaster week at Read more
Sam Bankman-Fried resigns as CEO of FTX as cryptocurrency exchange files for Chapter 11 U.S. bankruptcy
Troubled cryptocurrency exchange FTX said it filed for voluntary Chapter 11 bankruptcy in a Delaware court on Friday, and that Chief Executive Officer Sam Bankman-Fried has resigned. In a statement Read more
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation”: Coinbase CEO says after FTX downfall
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation.” — Brian Armstrong, Coinbase CEO The U.S. needs Read more
What’s next for Kohl’s as CEO departs to join Levi’s?
In a week when its CEO Michelle Gass announced she is leaving to join Levi Strauss & Co., Kohl’s stock is up — but what’s next for the department-store chain? Read more
Who is Sam Bankman-Fried, the FTX CEO who lost billions in crypto?
Sam Bankman-Fried, or SBF as he’s known, is in the news because of the liquidity crisis his FTX crypto exchange is facing and the billions of dollars he’s suddenly lost. Read more
Keurig Dr Pepper CEO resigns for violating code of conduct, less than 4 months after being appointed
Keurig Dr Pepper Inc. KDP, -0.98% said Thursday that Chief Executive Ozan Dokmecioglu has resigned after less than four months in the role, due to violations of the beverage company’s Read more