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Executive Chairman

All articles tagged with #executive chairman

business1 month ago•30 min saved

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

finance2 years ago•3 min saved

"NYCB's New Boss Faces Rent-Stabilized Market Crisis and Credit Downgrades"

New York Community Bancorp clarified that Alessandro DiNello is now officially the boss of the embattled bank, with the CEO reporting directly to him. The bank disclosed this change in a new filing with the Securities and Exchange Commission, noting that it had changed its bylaws to make it happen. DiNello, who used to be CEO of Flagstar Bank, will serve as the company’s principal executive officer and be the most senior executive officer of the company. The decision comes amid a two-week-long saga of financial challenges, including a dividend cut, net quarterly loss, and credit rating downgrade.

via Yahoo Finance|

#alessandro-dinello #banking #executive-chairman