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Ceo Succession

All articles tagged with #ceo succession

Better.com founder eyes comeback after Zoom layoff debacle
business14 days ago

Better.com founder eyes comeback after Zoom layoff debacle

Vishal Garg, founder and former CEO of Better.com who fired 900 employees on a Zoom call just before Christmas in 2021 and was ousted this year, is seeking to reclaim the top job as he touts a turnaround built on AI mortgage processing and partnerships with Neo Home Loans, Intuit, Coinbase and OpenAI; investors have pushed back as the stock slid after the leadership change, but Garg says he has enough board support and would work for $1 a year to restore profitability.

via CNN|
#bettercom#business#ceo-succession
Macquarie taps Greg Ward to succeed Wikramanayake as CEO
business1 month ago

Macquarie taps Greg Ward to succeed Wikramanayake as CEO

Macquarie Group named Greg Ward, its banking and financial services chief and former CFO, as the new CEO to succeed retiring Shemara Wikramanayake in November, signaling an internal, smooth transition as the firm expands overseas and grows its banking, commodities and renewables businesses; the board is also reviewing its audit process with KPMG amid governance scrutiny, and shares moved modestly on the news.

via Financial Times|
#australian-banking#business#ceo-succession
JPMorgan Succession Shake-Up Ends Marianne Lake's Run With $50M in Unvested Stock
business1 month ago

JPMorgan Succession Shake-Up Ends Marianne Lake's Run With $50M in Unvested Stock

Marianne Lake, a longtime JPMorgan executive long viewed as a potential Dimon successor, resigned after Dimon chose two rivals for the top job. She reportedly left with about $50 million in unvested JPMorgan stock that would typically be forfeited upon departure, though an exception wasn’t confirmed. The move followed reports of a fraying relationship with Dimon and mixed internal assessments of her leadership, while Dimon is expected to remain CEO for roughly three more years before transitioning to executive chairman; no clear front-runner for the role was officially declared.

via New York Post|
#business#ceo-succession#jamie-dimon
Tim Cook’s Apple shows that a leader’s strengths can outgrow the moment they must meet
business4 months ago

Tim Cook’s Apple shows that a leader’s strengths can outgrow the moment they must meet

Fortune columnist Andrea Petrone argues that Tim Cook built Apple into a $4 trillion powerhouse by operating as an execution-focused, privacy-driven leader, but the AI era demands a different operating mode. The piece uses Cook’s transition toward John Ternus to illustrate how leaders must outgrow their past identities to fit a changing context, raising the central question: is the leader you’ve been the leader this moment needs?

via Fortune|
#ai#apple#business
Apple Chief Tim Cook Steps Down as John Ternus Takes the Helm
business4 months ago

Apple Chief Tim Cook Steps Down as John Ternus Takes the Helm

Tim Cook will step down as Apple CEO after nearly 15 years, becoming executive chairman in September; John Ternus, head of hardware engineering, will become CEO. Apple has prospered under Cook with iPhone-driven growth and services expansion, but now faces questions about sustaining innovation and leadership depth amid AI adoption and China-related challenges, while Srouji is promoted to chief hardware officer to bolster hardware development.

via The New York Times|
#apple#business#ceo-succession
Apple Sets Course for Next Era as Cook Becomes Executive Chairman and Ternus Steps Up as CEO
business4 months ago

Apple Sets Course for Next Era as Cook Becomes Executive Chairman and Ternus Steps Up as CEO

Apple announced Tim Cook will become executive chairman of the board and John Ternus will be Apple’s next CEO, effective September 1, 2026, with Cook remaining CEO through the summer to ensure a smooth transition. Arthur Levinson will become lead independent director and Ternus will join the board. The move comes after a long-planned succession and emphasizes Cook’s legacy of growth and privacy, while highlighting Ternus’s hardware leadership as Apple positions itself for the next chapter of innovation.

via Apple|
#apple#business#ceo-succession
Josh D’Amaro Named Disney CEO in Post-Iger Era
business5 months ago

Josh D’Amaro Named Disney CEO in Post-Iger Era

Bob Iger steps down as Disney's CEO, with Josh D’Amaro taking over after a February 2 board vote and a March 18 handoff. Iger will stay on as Senior Advisor until December 31, 2026. D’Amaro, formerly head of Disney Experiences, is tasked with uniting creativity and technology across Disney’s brands, and the company announces additional leadership changes, including Dana Walden becoming President & Chief Creative Officer.

via WDW News Today|
#bob-iger#business#ceo-succession
Disney taps Josh D’Amaro as next CEO to steer the Mouse House
business6 months ago

Disney taps Josh D’Amaro as next CEO to steer the Mouse House

Disney names theme parks chief Josh D’Amaro as its next chief executive, replacing Bob Iger who will become a senior adviser; Dana Walden is named president and chief creative officer. D’Amaro will lead Disney’s 230,000-strong workforce, overseeing parks, studios and streaming strategy, with a pay package around $38.5 million and a board seat to follow after the March shareholder meeting.

via Los Angeles Times|
#bob-iger#business#ceo-succession
Disney selects Josh D’Amaro to lead post-Iger era
business6 months ago

Disney selects Josh D’Amaro to lead post-Iger era

The Walt Disney Company named Josh D’Amaro, currently head of Disney Experiences, as its next CEO, replacing Bob Iger on March 18; Iger will stay as a senior advisor until retiring on December 31. Dana Walden will report to D’Amaro as president and chief creative officer, focusing on storytelling and the content engine. The board’s decision caps a multi-year succession process as Disney navigates growth in parks and streaming amid broader industry challenges.

via CNBC|
#bob-iger#business#ceo-succession
Disney rides higher on parks and streaming as succession chatter grows
business6 months ago

Disney rides higher on parks and streaming as succession chatter grows

Disney posted about $26 billion in Q1 revenue (up 5%), led by strong theme-park performance and streaming growth, helped by the Disney Destiny cruise launch, but a 15-day YouTube TV blackout and higher marketing and production costs trimmed operating income. Investor focus also centers on CEO succession, with Josh D’Amaro seen as a leading contender as Bob Iger contemplates next steps.

via Los Angeles Times|
#business#ceo-succession#disney