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Boeing CEO steps down
Boeing CEO Dave Calhoun and its head of the commercial airplanes division, Stan Deal, are both out following a series of safety incidents with the company's planes. United Airlines is also facing scrutiny from the FAA. Kris Van Cleave has the latest.CBS News - Top stories -
Netflix's Co-CEOs Are Nothing Alike. That's a Good Thing.
Data-obsessed techie Greg Peters and Hollywood czar Ted Sarandos have gotten the streamer back on track.The Wall Street Journal - Business - Netflix -
Boeing CEO Dave Calhoun to step down
Dave Calhoun will continue to lead Boeing through year-end, the company said.ABC News - Top stories -
Boeing CEO Dave Calhoun to Step Down in Wake of 737 MAX Struggles
Calhoun is set to leave his post at the end of the year. Boeing said its chairman won’t stand for re-election.The Wall Street Journal - World -
Boeing CEO stepping down after series of accidents
Boeing CEO Dave Calhoun will step down from his role at the end of this year as the plane manufacturing company faces increased scrutiny following a series of high-profile accidents, the company announced Monday. Calhoun, in a letter to employees ...The Hill - Politics -
Joana Vicente steps down as Sundance Institute CEO
Joana Vicente is stepping down as the CEO of the Sundance Institute, the nonprofit behind the annual Sundance Film Festival, after two and a half yearsABC News - Entertainment -
Why Boeing CEO Dave Calhoun is stepping down
Boeing CEO Dave Calhoun announced Monday he is stepping down at the end of the year as the aircraft manufacturer faces mounting criticism over its handling of production problems with Boeing 737 Max 9 planes. Andrew Tangel, an aviation reporter ...CBS News - Top stories -
Dave Calhoun’s Rocky Tenure as Boeing CEO: Timeline
The outgoing chief executive’s four years in the top job were marked by safety scandals, grounded planes, Covid and more grounded planes.The New York Times - Business -
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Stability AI founder and CEO Emad Mostaque resigns
Stability AI had been plagued by sporadic bad press and reports of issues within the company for much of Mostaque's tenure.VentureBeat - Tech -
Discover Financial CEO Michael Rhodes Resigns
Discover said Michael Rhodes is resigning as CEO and president of the company, shortly after taking over both positions. Rhodes has been tapped as CEO of Ally Financial.The Wall Street Journal - World -
China's Xi Seeks to Soothe Anxieties of American CEOs
The world’s second-largest economy is working to improve the business environment, Xi said, as U.S. firms grapple with falling revenue and security concernsThe Wall Street Journal - World - China -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
UBS Pays CEO Sergio Ermotti $15.6 Million
The bank hailed his “excellent performance in a defining year” for Switzerland’s largest bank by assets. Ermotti was recruited last April to serve as CEO for a second time.The Wall Street Journal - World -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - Business -
In 1 Sentence, Chipotle CEO Brian Niccol Just Taught a Master Class in Leadership. Every CEO Should Pay Attention
Chipotle is planning a 50-to-1 stock split because its share price is up more than 550 percent.Inc. - Business -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - World -
Boeing CEO, other executives stepping down amid safety crisis
Three senior Boeing executives including its CEO are stepping down, the company said Monday, as the company continues to deal with an ongoing scandal and federal investigation into the safety of its passenger jets.NBC News - Top stories -
Boeing CEO Dave Calhoun to step down in wake of cabin panel blowout
Calhoun announces plans to resign amid biggest safety crisis for Boeing since crashes of two of its Max 8 jets in 2018 and 2019. The CEO of Boeing has announced plans to resign amid a sweeping overhaul of the planemaker’s management as it fights ...The Guardian - World -
Boeing CEO Dave Calhoun leaving the company seen as good news for the stock
Steve Mollenkopf elected to become board chair, and will lead efforts to select next CEO.MarketWatch - Business -
Boeing CEO Dave Calhoun to Step Down in Wake of 737 MAX Struggles
Calhoun is set to leave his post at the end of the year. Boeing said its chairman won’t stand for re-election.The Wall Street Journal - Business -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - Business -
Boeing CEO Dave Calhoun to step down by end of year
Boeing CEO Dave Calhoun has announced he will step down by the end of 2024 after a wave of concerning safety incidents in recent months. CBS News senior transportation correspondent Kris Van Cleave has more.CBS News - Top stories -
Boeing CEO to Leave as Regulators Step Up Airline Scrutiny
Dave Calhoun and Boeing board chair Larry Kellner will leave their jobs as the FAA announces stepped-up inspections of United Airlines, whose safety issues may overlap withBoeing's manufacturing flaws.Inc. - Business -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - World -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - Business -
Boeing’s CEO is departing, but the company’s problems run far deeper
Troubled aviation giant needs to restore its engineering and safety reputation.MarketWatch - Business -
Dave Calhoun, Boeing CEO, to Step Down in Management Reshuffle
The company’s chief executive, Dave Calhoun, said he would leave at the end of the year. Stan Deal, Boeing’s head of commercial planes, departed immediately.The New York Times - Business -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - World -
Larian CEO Says It's Not Wizards Of The Coast's Fault It's Not Making Baldur's Gate 4
Last week the head of Larian Studios, Swen Vincke, revealed that the studio would not be making a sequel to wildly popular RPG Baldur's Gate 3, and would also not create any DLC for the award-winning game. In response to rumors cropping up about ...GameSpot - Tech -
With 4 Words, Boeing’s CEO Just Taught a Powerful Lesson in Accountability
Dave Calhoun says he'll step down at the end of the year. His email to employees should be required reading.Inc. - Business -
Who can rescue Boeing?
David Gitlin, Stephanie Pope and Patrick Shanahan among possible contenders to succeed Dave CalhounFinancial Times - Business -
Boeing May Turn to Outsider for its Next CEO to Tackle Spiraling Crisis
As Dave Calhoun exits amid a series of accidents and safety lapses that leave the aircraft maker's reputation in free fall, its revamped board seeks a success, who may come from outside the industry.Inc. - Business -
AMC CEO says first part of 2024 ‘a slog to wade through’
AMC Entertainment Holdings Inc. CEO Adam Aron says that the first part of 2024 will be “a slog” for the movie theater chain and original meme stock, citing the ongoing impact of last year’s Hollywood writers’ and actors’ strikes.MarketWatch - Business -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - Business -
The metrics you can’t afford to ignore: What the best CEOs know
Discussing growth, profit, customer acquisition and the five metrics you need to know to be an exceptional CEO and operator.VentureBeat - Tech -
America's retirement age of 65 is "crazy," BlackRock CEO says
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."CBS News - Top stories -
Global CEOs flock to China as tensions mount over export glut
Apple’s Tim Cook, ExxonMobil’s Darren Woods and HSBC’s Noel Quinn head to Beijing for annual development forumFinancial Times - Business - China -
FirstFT: Xi meets American CEOs as businesses seek to mend China ties
Also in today’s newsletter, Trump’s Truth Social surges on stock market debut and Baltimore bridge collapse explainedFinancial Times - World - China -
Xi tells US CEOs China’s growth prospects remain ‘bright’
Beijing seeks to revive investor confidence as concerns mount about oversupply and potential dumpingFinancial Times - Business - China