G.E. Ousts Chief Just Over a Year After Picking Him to Lead a Turnaround Image John Flannery was G.E.’s chief executive for a little more than a year. He has served over 30 years with the company, and was charged with refashioning the conglomerate.CreditCreditAlwyn Scott/Reuters By Steve Lohr and Kevin ...
Read More »Les Moonves, Longtime CBS Chief, Steps Down
Les Moonves, Longtime CBS Chief, Steps Down Image Leslie Moonves has led CBS for 15 years. He was already the subject of sexual harassment allegations. A new report on Sunday added more claims.CreditCreditAntoine Antoniol/Getty Images By Edmund Lee Sept. 9, 2018 Leslie Moonves, the longtime chief executive of the CBS ...
Read More »Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What? Image Mike Cagney was ousted as chief executive of Social Finance last year after questions about sexual misconduct. He has since raised $ 58 million for a new start-up.CreditBrendan McDermid/Reuters By Nathaniel Popper July 27, 2018 SAN FRANCISCO — ...
Read More »The Future of Former EPA Chief Scott Pruitt’s Anti-Science Legacy
Gone is the boss who loved first-class travel to places like Morocco and Rome, forced his staffers to find him an apartment (and a used Trump hotel mattress), and asked fast-food executives to hire his wife. But EPA administrator Scott Pruitt’s many scandals haven’t been the real bugaboo for environmental ...
Read More »American Express Chief Executive Ken Chenault to Step Down
Kenneth I. Chenault, one of the longest-serving executives in finance and one of corporate America’s few black top leaders, will retire next year as the chairman and chief executive of American Express. Under Mr. Chenault’s leadership, American Express expanded beyond its core market of corporate customers and wealthy cardholders to ...
Read More »Uber Chooses Expedia’s Chief as C.E.O., Ending Contentious Search
SAN FRANCISCO — Uber chose Dara Khosrowshahi, who leads the online travel company Expedia, to be its chief executive on Sunday, two people with knowledge of the decision said. The selection capped a contentious search process as the ride-hailing company seeks to move past a turbulent period. Mr. Khosrowshahi emerged ...
Read More »Under Armour C.E.O. Follows Merck Chief, Quitting Panel in Rebuke to Trump
Late Sunday evening, Kenneth C. Frazier, the chief executive of Merck — one of the biggest drugmakers in America — informed his board members that he was about to do something that would have major fallout for him personally and for the company he leads: He was about to take ...
Read More »Ex-Volkswagen Chief Investigated by Germany in Emissions Cheating Scandal
By JACK EWING January 27, 2017 German prosecutors said for the first time on Friday that they had evidence that Volkswagen’s former chief executive took part in the company’s emissions fraud, significantly raising the stakes for the carmaker and undercutting its attempts to put the scandal behind it. Martin Winterkorn, who resigned ...
Read More »Rex Tillerson, Exxon Chief, Is Expected to Be Pick for Secretary of State
WASHINGTON — Rex W. Tillerson, the chief executive of Exxon Mobil, whose extensive deal-making for the energy giant has plunged him into global politics from Yemen to Russia, is expected to be offered the secretary of state post this weekend by President-elect Donald J. Trump, according to two people close ...
Read More »Mary Jo White to Step Down as S.E.C. Chief
By BEN PROTESS and ALEXANDRA STEVENSON November 14, 2016 Wall Street regulators began an exodus from Washington on Monday as Mary Jo White, the chairwoman of the Securities and Exchange Commission, announced plans to leave the agency. The decision makes Ms. White, a former federal prosecutor who has served more than two decades in ...
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