Latest in Backfired Ceo
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Pfizer CEO says he welcomes good ideas as Starboard ups pressure on company
Pfizer reported an earnings beat Tuesday morning and raised its full-year outlook, seeing strength in sales of its Covid vaccine and antiviral pill, Paxlovid.Business - CNBC - October 29 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Google CEO says more than 25 percent of company's new code written by AI
More than a quarter of Google's new code is being generated by artificial intelligence (AI), CEO Sundar Pichai revealed during Tuesday's third-quarter earnings call for the leading tech company. ...Politics - The Hill - October 30 -
What Would a Pantyhose Rebrand Take? Ask Former Parade CEO Cami Téllez
L’eggs—the hosiery brand founded in 1969—is reinventing itself for a new generation, with a new owner and new creative director at its helm.Business - Inc. - October 30 -
Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'
Lynch said many eat at Shake Shack when they are on vacation, adding that the chain has outposts in high-traffic airports JFK, LaGuardia and Newark.Business - CNBC - October 30 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - October 31 -
With Just 5 Words, Microsoft CEO Satya Nadella Taught a Lesson for Every Leader
It turns out, trust is your most valuable asset.Business - Inc. - October 31 -
Franklin Templeton CEO says focus is on 'doing what's right' for clients amid SEC probe
Franklin Templeton's largest subsidiary, Western Asset Management, saw $37 billion in outflows in the last three months.Business - CNBC - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton has chosen Ford executive Peter Stern to be its next CEO after Barry McCarthy stepped down earlier this year.Business - CNBC - October 31 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words
Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.Business - Inc. - October 31 -
Starbucks’ new CEO has diagnosed its problems. Analysts say the solutions could get expensive.
Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.Business - MarketWatch - November 1 -
OpenAI CEO Sam Altman says new AI model is taking a while because 'we can't ship' as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company's next probable large AI model, likely won't come this year.Business - CNBC - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - October 31 -
Longtime PEN America CEO Suzanne Nossel is stepping down to head Freedom House
The CEO of PEN America has stepped down after more than a decade marked by substantial growth and recent controversyEntertainment - ABC News - October 31 -
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - November 1 -
Exxon CEO on U.S. election: 'Not sure how 'drill, baby, drill' translates into policy'
Oil production will be driven by market dynamics, not the outcome of the presidential election, Darren Woods said.Business - CNBC - November 1