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updated Thu. May 3, 2018

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Uber, long opposed to reporting the demographics of its employees, has released its second diversity report ever and first public report under new CEO Dara Khosrowshahi. Little progress has been made, particularly with regard to representation from black and Latinx employees. The company saw a drop ...
Today, 360i—Adweek's Breakthrough Media Agency of the Year—announced the promotion of president Jared Belsky to CEO. His predecessor, Sarah Hofstetter, will take on the chair role in what amounts to the latest C-suite shift for the Dentsu-owned network. Last month, the agency promoted CMO ...

Just a few short months after Didi acquired Brazilian ride-hail app 99, the company has replaced 99's CEO with one of its own top executives. A spokesperson confirmed the change but could not provide clarity on why. Peter Fernandez, who first joined 99 as an adviser and then became the company's chief ...
CNBC's Eamon Javers reports on Apple CEO Tim Cook's visit to the White House and the office of the U.S. Trade Representative today. Watch CNBC Live TV. You May Like. ‹ › Latest Video. ‹ 01:13. A trader works on the floor of the New York Stock Exchange. 01:13 | 25 Mins Ago. NYSE trading suspended in various stocks.
Luxury British carmaker Aston Martin is expanding in China, the world's biggest car market, on the back of positive growth figures, the company's CEO said Wednesday. "We've seen this explosion of growth in China," CEO Andy Palmer told CNBC's Nancy Hungerford at the Beijing Auto Show, discussing ...
CEO of student loan marketplace LendEDU admits the name of the founder of a partner site is fake. The name of the founder of The ... Nate Matherson, CEO of student loan refinancing company, LendEDU, said he started The Student Loan Report — studentloans.net — in 2016. Its stated mission is "to ...

New Wynn Resorts CEO Matt Maddox said Wednesday he's ready to talk business with Elaine Wynn, the company's largest shareholder and ex-wife of disgraced casino mogul Steve Wynn. "I've reached out to her a number of times to talk about the future of the company," Maddox told CNBC's "Squawk Box ...
UK house builder Persimmon has narrowly survived a revolt by investors furious about a pay deal for its chief executive worth roughly £75 million ($104 million). Just over 51% of shareholders voted on Wednesday to approve a controversial 2017 pay package for Persimmon executives including CEO Jeff ...
Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company's CEO. "Certainly Nasdaq would consider becoming a crypto exchange over time," Nasdaq CEO Adena Friedman told CNBC's Squawk Box Wednesday. "If we do look at it ...
Cook has met with Trump before when several technology CEOs, including Microsoft's Satya Nadella and Amazon's Jeff Bezos, traveled to Washington to meet the president. But he has always had an uneasy relationship with Trump. The Apple CEO told Trump during last year's meeting that technology ...
Doshi said the one reference call he made before hiring Movafaghi was to former Twitter CEO Dick Costolo. At Twitter, Movafaghi was Costolo's right-hand man. "He was the Mr. Fixit at Twitter when there were a whole bunch of problems that others weren't willing to fix," Doshi said. "He's the perfect person ...
In life, we are taught to succeed, from acing at Little League to scoring the best career. Failure is something to be avoided like the plague. Popular culture portrays failures as losers with low self-esteem and zero work ethic--which could not be further from the truth. Here's the thing: it's OK to make mistakes ...
So why don't they? What explains their silence? Consider Jamie Dimon, chairman and CEO of JPMorgan Chase, the largest bank in the United States. Dimon also chairs the Business Roundtable—the most influential confab of major CEOs in America, founded in 1972, just after Powell urged CEOs to ...
Speaking in Berlin, where he was receiving an award, Amazon CEO Jeff Bezos responded to questions about how seriously he took President Trump's critiques of Amazon. Bezos said it was right that big companies are scrutinized and that Amazon would respond to regulations by finding new ways to ...
Indeed, according to our own research, more than one-third of the world's largest public companies have had three or more CEOs in the past decade. CEO roles are also changing because the kind of leadership required for success has changed. Today's leaders know and appreciate that the paradigm has ...
Alphabet Inc.'s Google (GOOGL): Sundar Pichai, the CEO of Alphabet Inc's search-engine unit, Google, received $199.7 million in compensation for 2016, in addition to a salary of $650,000, and another $372,000 toward costs for personal security services and air travel, reports news.com.au. In 2017, his ...
Tops Markets wants to pay up to $3.6 million in bonuses to its five highest-ranking executives if the supermarket company exceeds its financial targets as it restructures its business in bankruptcy. The company also is proposing a separate bonus plan – with up to $3.5 million in payments – that would go to ...

It can blind even experienced CEOs from asking tough questions about a person's background, experience, and qualifications, turning due diligence into negligence. I know a CEO who hired a sales VP because the candidate had such a commanding presence and was so utterly convincing in her claim ...
Isaac Larian, the billionaire toy executive behind Bratz dolls and Little Tikes toys, said he is still hopeful he can save 274 US-based Toys "R" Us stores, even though his initial $675 million bid for those stores was not accepted. He's dropping his bid for Toys "R" Us Canada after being outbid, and will now ...
This is a developing story, check back for updates. Veeral Rathod, CEO of Dallas-based online men's custom clothier J.Hilburn, has resigned "to pursue other interests" from the company that he co-founded 11 years ago. Andy Janowski becomes CEO effective Monday, the company said in a prepared ...
"I'm very optimistic," Sweet tells CNN's Poppy Harlow in the latest podcast episode of Boss Files. "I'm with CEOs all the time. I'm in the C-Suite. There is something different today than even two or three years ago. There's a genuine focus that's not about checking the box... There's been so much disruption.
The 2017 pay for the CEO of United Airlines was nearly half that of the year before, as the airline faced a number of public relations disasters, including the violent dragging of a passenger off one of its flights last April. Oscar Munoz took home $9.56 million last year, nearly half of compensation in 2016, the ...
In a filing with the U.S. Securities and Exchange Commission on Friday, Walmart disclosed that CEO Doug McMillon's compensation for fiscal 2018 was ... The institute said CEOs of major U.S. companies earned 20 times more than a typical worker in 1965; this ratio grew to 30-to-1 in 1978 and 59-to-1 by ...
Next time you order take out, take a moment to register the delivery driver — they could just be kind of a big deal. At least, that's the case at Deliveroo, where co-founder and CEO Will Shu still regularly delivers food to customers near his home in Notting Hill, London. What started out as necessity for the ...
CEO Sundar Pichai tried to quell investor fears over how Google's advertising business will be affected by Europe's upcoming privacy legislation during the company's Q1 earnings call. The gist of his comments: Google is hyper-prepared and it will have little effect on its cash-cow search advertising ...
MoviePass CEO Mitch Lowe stepped in it last month when he suggested that the subscription service's app tracked customers movements. In an interview with Variety, Lowe clarified that the company only locates its customers in order to direct them to nearby theaters and stressed that the company does ...
Apple boss Tim Cook predicted in 2015 that “the future of TV is apps.” That future is here, says one of media's biggest CEOs. Launching a TV network is now as easy as building an app. “The great thing now is it's easier to create a TV network, called an app,” said Netflix chief executive Reed Hastings, in an ...
Alexander Nix, the former CEO of the political consultancy firm at the center of a storm about mishandled Facebook users data, has backed out of re-appearing in front of the UK parliament for a second time. Nix had been scheduled to take questions from the DCMS committee that's probing online ...
“He's one of the richest people on earth. He's an adult. He's 30-some years old. He can answer questions if he's the CEO. ... Stop juvenilizing men here in Silicon Valley.” That's how Kara Swisher, co-founder and executive editor of the technology news website Recode, reacted to the treatment Facebook ...
YouTube CEO Susan Wojcicki announced in a blog post today that YouTube will be launching a pilot program with a small group of users in an attempt to address and ameliorate its creators' continued concerns regarding demonetization and other recent, largely unpopular changes to the YouTube ...
Starbucks CEO on arrests at Philadelphia store: 'They didn't deserve that'. by Danielle Wiener-Bronner ... Starbucks CEO Kevin Johnson says his heart sank when he saw the video of two black men being arrested at one of the coffee chain's Philadelphia stores. "They didn't deserve that," he told CNN's Don ...
Larian, CEO of toymaker MGA Entertainment, told CNNMoney on Tuesday that he wasn't aware of the rejection. "If this is true," he said, "it is very disappointing." "We feel confident that we submitted a fair valuation of the company's US assets," he said, adding that he wants to "keep fighting to save Toys "R" ...
Gold's momentum is likely to continue, due to renewed volatility in the stock markets, said Will Rhind, CEO of GraniteShares. “I think that [stock market volatility] is one of the major catalysts that we've been waiting for in order to see gold prices increase beyond the trading range that we've been stuck in for ...
“There are no words to describe how horrible it was to have an active shooter (at) YouTube today,” YouTube CEO Susan Wojcicki wrote on Twitter. “Our deepest gratitude to law enforcement and first responders for their rapid response. Our hearts go out to all those injured and impacted today. We will come ...
The chief executive officer of the company rolling out Australia's National Broadband Network (NBN) Bill Morrow has announced that he will be stepping down from his role by the end of the year. "I believe that as the company prepares to confront the new challenges ahead, this is the right time to hand over ...
As president and CEO of Old Navy, Sonia Syngal has led the $7 billion, 57,000-employee business to record-breaking growth but she still finds time to read 400 customer comments every morning before she starts her day. “I've really embraced what the brand stands for inside this building and in our 1100 ...
During the meeting, Kushner told Richards that the nonprofit “had made a big mistake by becoming 'political,'” according to the passage reported on by People. “The main issue, he explained, was abortion. If Planned Parenthood wanted to keep our federal funding, we would have to stop providing ...
Century Aluminum CEO Michael Bless thinks despite tariff exemptions, the ultimate objective will be reached — reviving the steel and aluminum industries. He says he expects the exemptions to come with quotas that don't deaden the intended impact of the tariffs. Bless also said he's moving ahead in ...
When asked about the Facebook data scandal, Apple CEO Tim Cook said that Apple has "elected" not to make "a ton" of money by including customer data part of its product. But Facebook CEO Mark Zuckerberg warned consumers not to "let the companies that work hard to charge you more convince you ...
Grab co-founder and CEO Anthony Tan speaks with CNBC just days after his company announced a deal to acquire Uber's Southeast Asia business. ... Uber CEO Dara Khosrowshahi has said that stake is worth "several billion dollars." Yet Tan ... Anthony Tan, co-founder and chief executive officer of Grab.
You can chalk it up to coincidence, but when it comes to the world's most successful people, there seems to be a clear pattern as to what sign of the zodiac claims the most CEOs. UK Domain analyzed birthdates of CEOs from the top 100 companies across the U.S. and the U.K., using FTSE 100 and Fortune ...
Video provided to WJXT News4Jax by an anonymous neighbor shows heavy machinery scooping sand from the beach and moving it in front of the homes of Munoz and three of his neighbors, CEO and president of Web.com David Brown, managing director for UBS Financial Chris Aitken and a woman ...
Your letter to CEOs is compelling, full of promise for a better world. But BlackRock's significant relationship through First Quantum to the Pebble Mine is fraught with financial and reputational risk for your investors, inconsistent with the long-term financial, environmental, or social sustainability that is the ...
Commerce Bancshares President and Chief Operating Officer John Kemper will succeed his father as the bank's CEO. Kemper, 40, joined the bank in 2007 and was chosen as COO in 2013. His father, David W. Kemper, 67, has led Commerce since 1988 and started working at the regional bank 10 years ...
Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn't see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began ...
The MARTA Board of Directors Friday agreed to hire a new CEO to lead the agency into an uncertain future. The board unanimously voted to authorize contract negotiations with Jeffrey Parker, vice president at the infrastructure firm HNTB Corp.'s Atlanta office. It named him the sole finalist for the job two ...
The Minneapolis/St. Paul Business Journal's third-annual Most Admired CEOs Awards showcase the professional accomplishments and community involvement of the Twin Cities top business leaders. Our 2018 honorees represent a wide range of industries, including commercial real estate, technology, ...
"We think this is the first round of those type of negotiated solutions, which will probably be a combination of tariffs and quotas," Barry Zekelman, executive chairman and chief executive officer of Zekelman Industries, told CNBC on Friday. "We do need imports of steel, but we need them responsibly traded in ...
Hubert Joly was appointed CEO of Best Buy in 2012, when the company was faced with an "all-you-can-eat menu of challenges." Joly executed a successful turnaround by slashing prices, growing online sales, and improving customer service. One of Joly's biggest accomplishments was cutting employee turnover, which he ...
Toy company executive Isaac Larian and other investors have pledged a total of $200 million and hope to raise four times that amount in crowdfunding in a bid to save potentially more than half of the 735 Toys 'R' Us stores that will go dark in bankruptcy proceedings. The unsolicited bid faces a number of ...


 

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