In a statement FedEx Corp said, it has named Raj Subramaniam, its operating chief, as its new CEO with effect from June 1, 2022. Subramaniam will succeed FedEx founder Fred Smith, who started the global delivery conglomerate in the 1970’s. Subramaniam,… Read More ›
Executive Chairman
WeWork in talks to go public through SPAC
According to a source familiar with the matter at hand, WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC); it is also seeking funds from private investors a little more than a… Read More ›
Founder of SoftBank-backed Roivant Sciences steps down as CEO
Matt Gline, the founder of SoftBank-backed Roivant Sciences, a biotechnology company, said he will be stepping down from the office of the chief executive officer. The company’s Chief Financial Officer (CFO) Vivek Ramaswamy will step into the role of executive… Read More ›
GM, FCA, Ford and UAW collaborate to limit Wuhan Coronavirus outbreak
Automakers, including General Motors, Fiat Chrysler Automobiles (FCA) and Ford Motor Co are collaborating to form a task force along with the United Auto Workers (UAW) union to improve protections for their employees and limit the spread of the Wuhan… Read More ›
Best Buy’s Executive Chairman to step down on June 11
Best Buy Co Inc’s Executive Chairman Hubert Joly will be stepping down and will not stand for re-election at its annual general shareholder’s meeting on June 11. Joly, a restructuring expert and former chief executive officer of the company, had… Read More ›
Bob Chapek takes the helm at Walt Disney
In a statement Walt Disney Co stated, its chief exectuive Robert Iger will be stepping down and Bob Chapek, Disney’s Parks head will take over the reins of the company. Disney went on to dd, Iger will continue to keep… Read More ›
Sandeep Mathrani to head WeWork from February 18, 2020
In a statement WeWork said, it has named real estate industry veteran Sandeep Mathrani as its new chief executive. Mathrani is set to join WeWork as the CEO from February 18, 2020 and will report to Marcelo Claure, who will… Read More ›
Pfizer Inc’s CEO Ian Read to also become its executive chairman in Jan 2019
The strategic development places the Ian Read as its chairman and opens up the CEO post which could be filled at a later date. Under Read’s steady stewardship, Pfizer Inc’s stock has gone up by 160% since December 2010. Pfizer… Read More ›
Jeff Fettig to replace Andrew Liveris as DowDuPont’s executive chairman
The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›
John Hennessy replaces Eric Schmidt as Alphabet Inc’s Executive Chairman
In the last two years, a slew of new talent, including Sundar Pichai as Google’s CEO, Ruth Porat as its CFO, Susan Wojcicki as YouTube’s CEO, and Diane Greene as senior VP of Google’s enterprise business, have played a greater… Read More ›