Tag

Leadership Transition

All articles tagged with #leadership transition

Sam Register Departs Warner Bros. Animation After 18-Year Run
entertainment3 days ago

Sam Register Departs Warner Bros. Animation After 18-Year Run

Longtime Warner Bros. Animation chief Sam Register is leaving after his contract expired, with Warner Bros. Discovery confirming a mutual decision not to renew. A leadership transition is underway: Matt Matzkin will continue to run business operations while a replacement search unfolds, and creative department heads will lead their respective teams. Register, who joined in 2007 and expanded oversight to Cartoon Network Studios in 2020, oversaw shows such as Looney Tunes Cartoons, the Animaniacs revival, Harley Quinn, Young Justice, and more, and expressed gratitude for the ride and excitement for his next chapter.

L3Harris shakes up leadership as Kubasik is ousted, Mehta named CEO
business11 days ago

L3Harris shakes up leadership as Kubasik is ousted, Mehta named CEO

L3Harris fired chairman and CEO Chris Kubasik after a conduct violation and named Sam Mehta as CEO with Lewis Hay becoming chairman; the news led to a roughly 3% stock drop, but analysts expect no lasting impact on its core defense business, and the company reaffirmed its 2026 guidance and a $3 billion plan to expand solid rocket motor production.

Lions appoint Haddad as new president and CEO, signaling a leadership shift
sports-business23 days ago

Lions appoint Haddad as new president and CEO, signaling a leadership shift

The Detroit Lions named Richard Haddad, previously the Pistons’ COO and chief legal officer, as their new president and CEO, replacing retiring Rod Wood. Haddad is a Michigan native and a 2022 Forty Under 40 honoree, and will start in early September after wrapping up his Pistons duties, with the organization praising his leadership and vision for the franchise.

Cook backs Ternus as Apple’s next era begins on final earnings call
business29 days ago

Cook backs Ternus as Apple’s next era begins on final earnings call

On Apple's Q3 2026 earnings call, Tim Cook announced it would be his last as CEO and voiced strong confidence in successor John Ternus, signaling a smooth transition as Ternus steps into the top role; Apple posted $109.4 billion in quarterly revenue (including $54.3 billion from iPhones) and a net profit of $29.8 billion, underscoring a steady path for Apple’s post-Cook era.

Apple Reaches $5 Trillion Market Cap, Second Ever
finance1 month ago

Apple Reaches $5 Trillion Market Cap, Second Ever

Apple briefly surpassed a $5 trillion market cap, becoming only the second publicly traded company to reach the milestone, with its stock up about 24% this year and 60% over 12 months on strong iPhone sales, even as investors note Apple’s AI exposure lags behind peers. The company has partnered with Google to power Siri via Gemini AI and plans a major Siri overhaul alongside a foldable iPhone and the iPhone 18 this fall as Tim Cook prepares to hand the reins to John Ternus on Sept. 1. AI-related memory and storage shortages are pressuring Mac and iPad prices, with potential iPhone price increases later this year.

Steve Yzerman resigns as Detroit GM, moves to advisory role
sports1 month ago

Steve Yzerman resigns as Detroit GM, moves to advisory role

Steve Yzerman abruptly stepped down as the Detroit Red Wings' general manager after seven seasons with zero playoff appearances, transitioning to an advisory role for owner Chris Ilitch as the team begins a search for new hockey leadership. The move follows Dylan Larkin's trade request and comes amid a decade-long playoff drought, with scrutiny over past roster moves and goaltending as Detroit seeks fresh leadership to restore its championship ambitions.

UK to publish contested Defence Investment Plan amid leadership transition
politics2 months ago

UK to publish contested Defence Investment Plan amid leadership transition

Downing Street says the government will press ahead with the controversial Defence Investment Plan and publish it before the NATO summit, despite Sir Keir Starmer’s resignation as prime minister and Labour leader. The plan’s publication and the broader defence funding package, which has already prompted ministerial resignations, could be revisited by a future leader, complicating the government’s credibility with allies and shaping the response of a coming prime minister.

UF names Stuart Bell interim president to lead transition
education2 months ago

UF names Stuart Bell interim president to lead transition

UF Board of Trustees unanimously appointed Dr. Stuart R. Bell as interim president, effective July 1 and pending ratification by the Florida Board of Governors. Bell, former president of the University of Alabama (2015–2025), is credited with strengthening academics, boosting enrollment, advancing athletics, modernizing facilities, and helping Alabama achieve R1 research status.

Fiserv names Takis Georgakopoulos as CEO as Lyons moves to Truist
business2 months ago

Fiserv names Takis Georgakopoulos as CEO as Lyons moves to Truist

Fiserv appoints Takis Georgakopoulos as CEO, effective immediately, succeeding Mike Lyons who is leaving to become CEO of Truist Financial. Georgakopoulos, a longtime Fiserv leader with a background in payments, technology, and AI, will drive technology and merchant-solution initiatives under the One Fiserv plan, with the company reaffirming its 2026 outlook.

MillerKnoll Announces Leadership Transition as Andi Owen Retires, Jeff Stutz Steps In
business2 months ago

MillerKnoll Announces Leadership Transition as Andi Owen Retires, Jeff Stutz Steps In

MillerKnoll disclosed that Andi Owen will retire as President and CEO on June 30, 2026, with COO Jeff Stutz serving as interim CEO during her leave of absence and the board launching a comprehensive search for a successor; Owen resigns from the board, and the company reiterates its fiscal 2026 fourth-quarter outlook with results due June 24, 2026; Stutz, a longtime MillerKnoll leader including ten years as CFO, will guide the company through the transition.

Buffett Endorses Greg Abel as Berkshire’s Next Leader, Signaling Confidence in the Post-Buffett Era
business3 months ago

Buffett Endorses Greg Abel as Berkshire’s Next Leader, Signaling Confidence in the Post-Buffett Era

Warren Buffett publicly praises Greg Abel as a “perfect 10” and signals strong confidence in Berkshire Hathaway’s leadership during the company’s first top-level transition since 1965. Abel now oversees roughly 94% of Berkshire’s $327 billion equity portfolio, has resumed buybacks after a long pause, and is expected to guide capital allocation going forward. Berkshire reported solid Q2 2026 results with earnings of about $11.35 billion and a record $380 billion cash pile, underscoring Buffett’s legacy-level trust in Abel’s more granular, tech-forward approach as the firm moves into a new era.

Greg Abel Delivers Calm, Detail-Driven Berkshire Debut at First Annual Meeting
business3 months ago

Greg Abel Delivers Calm, Detail-Driven Berkshire Debut at First Annual Meeting

Greg Abel led Berkshire Hathaway’s first annual meeting without Warren Buffett, delivering a detailed walkthrough of the firm’s rail, energy, insurance and retail businesses; investors praised his command and the granular insights, signaling leadership continuity and a possible tech/AI emphasis, while some noted a lack of new buyback guidance.

Fed Holds Rates as Dissent Flows Amid Powell’s Continued Board Tenure
business4 months ago

Fed Holds Rates as Dissent Flows Amid Powell’s Continued Board Tenure

The Federal Reserve kept the federal funds rate at 3.5%‑3.75% with an 8‑4 vote, marking unusually sharp internal disagreement not seen since 1992 as inflation remains elevated and policy messaging shifts. Powell said he will stay on the Board indefinitely amid an ongoing renovations probe, while Kevin Warsh advances toward the chairmanship, potentially changing the Fed’s stance. Dissenters Hammack, Kashkari and Logan objected to an easing bias in the statement. Inflation remains driven in part by energy costs, markets were positioned for no rate change this year, and the labor market remains healthy, underscoring a leadership transition that could influence policy directions.

Titans' Chad Brinker Exits as Football Ops Leader, Returning to Core Passions
sports4 months ago

Titans' Chad Brinker Exits as Football Ops Leader, Returning to Core Passions

Chad Brinker is stepping down as the Titans’ President of Football Operations to return to his first love and pursue new opportunities, after guiding the franchise through a rebuilding period and overseeing the GM search that led to Mike Borgonzi; Brinker joined the Titans in 2023 as Assistant GM and was promoted a year later, contributing to analytics and offseason strategy with backing from owner Amy Adams Strunk.