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Executive Exits

All articles tagged with #executive exits

business10 days ago•7 min saved

Triangle health merger tests WakeMed leadership as two top executives depart

WakeMed loses two veteran executives—COO Thomas Gough to Baptist Health in Florida and Chief Physician Executive Seth Brody to UNC Health—as its proposed merger with Atrium Health moves forward amid county-level scrutiny. The Wake County Board must approve changes to WakeMed’s incorporation before the deal can close, a process delayed by concerns about patient costs. Atrium promises substantial regional investment and expanded care, while analysts note that leadership turnover is common during mergers and may not derail the transaction.

via WRAL|

#atrium-health #business #executive-exits

business3 years ago•2 min saved

"High-Level Exits and Awkward Dinner Parties: The Troubles of Goldman Sachs CEO David Solomon"

Goldman Sachs' asset-management division, led by Marc Nachmann, has experienced a series of high-level executive departures, with some insiders describing Nachmann as "cold-hearted" and "a one-man show." Laurence Stein, the EVP and COO of the division, is rumored to be the next executive to leave under Nachmann's leadership. Despite being highlighted as a key partner in a major technology project, Stein's role has reportedly been minimized. The wealth management side of the division has remained relatively unaffected by the departures.

via New York Post |

#asset-management #business #executive-exits

cryptocurrency3 years ago•1 min saved

"Binance's Employee Layoffs Follow Executive Exodus"

Binance, the world's largest cryptocurrency exchange, has reportedly laid off employees following a recent wave of executive departures. The layoffs come amid regulatory crackdowns on the industry, with the U.S. market's future uncertain. Binance CEO Changpeng Zhao denied reports of over 1,000 job cuts, stating that the numbers were exaggerated. The exchange is still hiring as it aims to increase talent density. Binance and its CEO are currently facing a lawsuit from the Securities and Exchange Commission (SEC) for alleged deceptive practices. However, recent developments, such as a U.S. judge ruling in favor of crypto firm Ripple Labs and applications for bitcoin exchange-traded funds (ETFs) from major asset management companies, indicate some positive sentiment towards the industry.

via Reuters|

#binance #cryptocurrency #cryptocurrency-exchange