All articles tagged with #ceo appointment
Lululemon named Heidi O’Neill, a longtime Nike executive, as its next CEO, effective September 8, 2026, with the board approving the move. The announcement sent LULU shares down about 5% in after-hours trading as investors weigh leadership change against a slower growth backdrop and ongoing inventory/competition challenges.
lululemon’s board unanimously named Heidi O’Neill as the next CEO, effective September 8, 2026, with interim co-CEOs Meghan Frank and André Maestrini stepping down from the role once she joins and resumes their prior positions; O’Neill brings three decades of experience including a long tenure at Nike and board roles with Spotify, Hyatt, and Lithia & Driveway, and will base in Vancouver as she aims to accelerate product breakthroughs, deepen brand relevance, and unlock global growth.
Conagra Brands named John Brase its next President and Chief Executive Officer, effective June 1, 2026, with Brase joining the board and succeeding Sean Connolly, who will step down May 31, 2026. Brase previously served as President & COO of The J.M. Smucker Co. and spent three decades at Procter & Gamble, bringing a track record of driving growth, margins and brand-building to the company’s portfolio.
Kroger plans to appoint Greg Foran, the former Walmart U.S. chief and ex-Air Zealand CEO, as its permanent CEO, according to The Wall Street Journal. The move follows the ouster of Rodney McMullen and places interim leader Ronald Sargent at the helm during a leadership search, with an official announcement expected soon.
PayPal Holdings named Enrique Lores President and CEO, effective March 1, 2026, with Jamie Miller serving as Interim CEO until the transition; David W. Dorman was appointed Independent Board Chair as the company moves to a new leadership era following Alex Chriss's departure after advancing Venmo monetization and BNPL initiatives. Lores, former HP Inc. CEO, is expected to steer accelerated innovation in a rapidly evolving payments landscape.
PayPal’s board appointed Enrique Lores, previously HP Inc.’s CEO, as PayPal’s new president and chief executive officer effective March 1, 2026, with Jamie Miller serving as interim CEO until Lores takes over; David W. Dorman was named Independent Board Chair with immediate effect. The move follows a board review of the company’s competitive position, and the leadership change is expected to accelerate PayPal’s transformation, innovation, and execution in the evolving payments and digital-commerce landscape.
BP has appointed Meg O’Neill, CEO of Woodside Energy, as its new CEO, marking a shift back to focusing on core oil and gas businesses after a period of green energy emphasis. She will succeed Murray Auchincloss, who will step down, with interim CEO Carol Howle taking over until April. This leadership change is seen as a move to stabilize BP and refocus on its traditional strengths amid recent underperformance and strategic reset efforts.
Kraft Heinz has appointed a former Kellanova executive as its new chief, signaling a leadership change in the company.
Steve Cahillane has been named CEO of Kraft Heinz, effective January 1, 2026, as part of the company's plan to split into two independent entities, with Cahillane leading Global Taste Elevation Co. and a search underway for a CEO for North American Grocery Co., while leadership transitions are also set to occur.
Axiom Space has appointed Dr. Jonathan Cirtain as its new CEO and President to lead the company's development of space infrastructure and innovation in human spaceflight technologies, building on its mission to create a commercial space station and expand humanity's presence in space.
Verizon named Dan Schulman, former PayPal CEO, as its new CEO, replacing Hans Vestberg, which caused Verizon's stock to drop 4% in response, amid a broader decline in telecom stocks like AT&T and T-Mobile.
Microsoft is promoting Judson Althoff to CEO of its commercial business to better align sales, marketing, operations, and engineering in response to the AI era, allowing CEO Satya Nadella to focus on technical innovation and strategic growth during a significant AI platform shift.
Opendoor Technologies shares surged 80% after co-founders Keith Rabois and Eric Wu rejoined the board and Kaz Nejatian was named CEO, marking a significant turnaround amid a 1,250% rally since July driven by retail investor enthusiasm and management changes.
Donald Trump criticized Jaguar Land Rover's rebranding and advertising, calling it 'woke' and a 'disgrace,' shortly after the company announced PB Balaji as its new CEO, the first Indian to hold the position, amid ongoing challenges including sales drops and delays in electric vehicle launches.
Jaguar Land Rover has appointed the CFO of Tata Motors as its new chief executive, marking a significant leadership change in the automotive company.