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Lululemon’s delayed leadership helps explain its stock slide
stocks1 month ago

Lululemon’s delayed leadership helps explain its stock slide

Yahoo Finance argues Lululemon’s stock decline stems from a bungled leadership transition: CEO Heidi O’Neill’s start date was pushed to Sept. 8, leaving interim co-CEOs to steer through inventory issues and missteps that have eroded market share to newer brands. The company posted weak Q2 results and slashed full-year guidance, forecasting a 10%–11% revenue drop and a 20% plunge in leggings sales, contributing to a roughly 20% drop on the day and a 42% decline this year as analysts warn a long turnaround may be needed.

via Yahoo Finance|
#ceo#earnings#guidance
Apple’s next chapter begins as Tim Cook passes the CEO baton to John Ternus
technology1 month ago

Apple’s next chapter begins as Tim Cook passes the CEO baton to John Ternus

Tim Cook marks his last day as Apple’s CEO with an emotional memo to employees, thanking the team, praising Apple’s culture, and expressing confidence in John Ternus to lead. He says he isn’t leaving Apple entirely, but stepping away from the CEO role and taking on a new position at Apple Park, as Ternus is set to take over tomorrow. He also shared a supportive note on social media.

via 9to5Mac|
#apple#ceo#john-ternus
Apple's Next CEO Arrives Ahead of September's Market Test
finance1 month ago

Apple's Next CEO Arrives Ahead of September's Market Test

Apple will appoint John Ternus as its next chief executive on Sept. 1, replacing Tim Cook; the longtime Apple veteran and current hardware head is expected to maintain continuity. The leadership transition comes as September historically marks a rough month for stocks, but Apple has shown strong iPhone demand (up about 22% in the first three quarters of fiscal 2026) and is poised to unveil new products, keeping its growth story intact.

via Yahoo Finance|
#aapl#apple#ceo
Inside Siemens CEO Roland Busch’s Highly Efficient Day
business1 month ago

Inside Siemens CEO Roland Busch’s Highly Efficient Day

Siemens CEO Roland Busch describes a tightly run day in Germany: a 6 a.m. gym session, an 8 a.m. working breakfast, and a 100-email rule with quick two-letter replies; no recurring meetings, a paperless desk, and a long-time assistant Gundula keeping his schedule; frequent travel with Lufthansa, dinners with clients and teams, late-evening timezone work, and downtime spent playing guitar to unwind, all while overseeing more than 300,000 employees.

via Business Insider|
#business#ceo#daily-routine
Rockstar founder stakes Celsius, offers to take the helm after earnings miss
business2 months ago

Rockstar founder stakes Celsius, offers to take the helm after earnings miss

Rockstar Energy founder Russ Savage disclosed a roughly 4.7% stake in Celsius Holdings (about 12 million shares) and publicly offered to become Celsius CEO, saying new leadership and tighter cost control are needed after Celsius posted a disappointing earnings miss; the stock fell on the results, while Celsius CEO John Fieldly cited product rationalization and brand integrations as factors in the weak quarter.

via CNBC|
#business#celsius-holdings#ceo
Cracker Barrel covers security for departing CEO and pays $4.6M in exit fees after failed rebrand
business2 months ago

Cracker Barrel covers security for departing CEO and pays $4.6M in exit fees after failed rebrand

Cracker Barrel will pay outgoing CEO Julie Felss Masino’s security costs for as long as the board deems it reasonably necessary after her October exit and will provide about $4.6 million in exit payments over two years, as the company seeks to move on from a controversial rebrand; incoming CEO David Deno is set to receive a substantial compensation package.

via New York Post|
#business#ceo#cracker-barrel
Disney+ President Moves to Lead Fubo as CEO in Disney-Backed Shift
business3 months ago

Disney+ President Moves to Lead Fubo as CEO in Disney-Backed Shift

Alisa Bowen, Disney+ president since Sept 2022, is leaving Disney+ to become CEO of Fubo, the Disney-controlled streaming service. The appointment, effective July 10, follows Disney’s integration of Hulu + Live TV with Fubo and Bowen joining Fubo’s board subject to stockholder approval, with co-founder David Gandler stepping down. Bowen’s compensation includes a $1.575 million base salary, potential bonuses, and sizable equity awards.

via Variety|
#alisa-bowen#business#ceo
Fubo names Disney veteran Alisa Bowen as CEO to lead post-merger strategy
business3 months ago

Fubo names Disney veteran Alisa Bowen as CEO to lead post-merger strategy

Fubo has named Disney veteran Alisa Bowen as its new CEO, replacing co-founder David Gandler, as the streamer merges with Hulu + Live TV. Bowen, a former Disney+ president who helped build Disney+, Hulu and ESPN+, says she will sharpen Fubo’s strategy across sports, news and entertainment, drive growth and profitability, and deliver greater value to subscribers and partners. Bowen is expected to join Fubo’s board subject to shareholder approval at the July 28, 2026 meeting; Gandler will not seek reelection.

via The Hollywood Reporter|
#alisa-bowen#business#ceo
Ex-Florida hospital chief accused of diverting $14M to fund lavish lifestyle
crime3 months ago

Ex-Florida hospital chief accused of diverting $14M to fund lavish lifestyle

Former Healthcare Systems of America-Florida CEO Michael Sarian is named in a Miami-Dade lawsuit alleging he siphoned at least $14 million from HSA Florida to fund a lavish lifestyle, including a $109,000 transfer to a Beverly Hills hotel for his son’s baptism and a forged signature to divert funds. Sarian denies wrongdoing as HSA Florida, which operates five South Florida hospitals, grapples with financial distress after taking over from Steward Health Care in 2024; multi-state lawsuits and leadership clashes complicate the case.

via Tampa Bay Times|
#ceo#crime#florida
Byron Allen to Lead BuzzFeed After Securing Controlling Stake
business5 months ago

Byron Allen to Lead BuzzFeed After Securing Controlling Stake

Media entrepreneur Byron Allen will acquire a majority stake in BuzzFeed and assume CEO and chair roles, with Jonah Peretti becoming president of BuzzFeed AI; Allen Family Digital will own 52% of shares for about $120 million ($3 per share), funded by cash at close and a five‑year promissory note, as BuzzFeed seeks liquidity, cost cuts, and a path forward amid debt and Nasdaq delisting risk.

via Axios|
#acquisition#business#buzzfeed
Lululemon Taps Nike Veteran Heidi O’Neill to Lead Next Growth Phase
business5 months ago

Lululemon Taps Nike Veteran Heidi O’Neill to Lead Next Growth Phase

Lululemon has named Heidi O’Neill, a Nike veteran who helped scale Nike’s business, as its next CEO, effective Sept. 8, to accelerate product breakthroughs and deepen the brand’s cultural relevance after a period of slower growth. O’Neill will receive a $1.4 million salary, a target bonus of 200%, about $10 million in equity, plus one-time grants and a $2 million retention bonus, while interim co-CEOs Meghan Frank and André Maestrini remain in the short term. The appointment comes as investors weigh how the company can reset growth after missteps and a decline in market value; shares moved lower after the news.

via wwd.com|
#business#ceo#heidi-oneill
Josh D’Amaro Steps Up as Disney’s Next Chief Executive
business6 months ago

Josh D’Amaro Steps Up as Disney’s Next Chief Executive

Disney named Josh D’Amaro, a 28-year veteran who led Disney Experiences, as its next chief executive, making him the ninth CEO in the company’s history. The piece highlights five key aspects of D’Amaro: his ability to connect with people, a hands-on yet delegating leadership style, an emotional reaction to winning the job, a substantial pay package tied to the promotion, and his artistic roots and Georgetown education that shaped his business path.

via Variety|
#business#ceo#compensation