Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling…
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CEO
Former Google CEO Eric Schmidt Buys LA Mansion Bigger Than the White House for $110M
Eric Schmidt, the former Google CEO, has hit the headlines by purchasing a mansion bigger than the White House and one of the seven wonders of the world, the Taj Mahal, in California, USA,…
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the company’s artificial intelligence (AI) prospects and an…
Aoxin Q&M suspends former CEO as part of whistle-blowing investigation
The move follows Dr Shao’s resignation on Jul 22 after a whistle-blower report against him was sent to company’s audit committee Aoxin Q&M announced that it has placed former chief…
StanChart CEO says ‘shame on’ big banks quitting net zero group
The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their commitment to achieving net zero emissions. “Shame on…
Madden CEO Details Wholesale Issues and Talks Dress Shoe Momentum
Even after efforts to mitigate tariff impacts, CEO Edward Rosenfeld detailed pressures on Steven Madden Ltd.’s second-quarter results. “Wholesale customers canceled orders and reduced…
Sources: Thom Browne CEO Rodrigo Bazan to Exit, Sam Lobban to Succeed
MILAN –Rodrigo Bazan is exiting his role as chief executive officer of Thom Browne at the end of August, WWD has learned. According to sources, he is stepping down to pursue other…
Starbucks CEO details brand reset plan as turnaround efforts drive sales beat
STARBUCKS reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it…
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new…
Will your next CEO be AI?
It’s 3:16 a.m., in a Mumbai hotel room and I’m wide awake. Not because of jet lag, but because somewhere, an AI CEO is making a better decision than I ever could. No fear. No bias. No…
Jeremey Tahari Introduces His First Elie Tahari Collection as CEO and Creative Director
Jeremey Tahari, Elie Tahari’s 23-year-old son who was named chief executive officer and creative director of Elie Tahari in February, has released his first collection where his influence…
Saltair Appoints Rachel Shelowitz as CEO, Erin Sale as CMO
Body care brand Saltair is bolstering its C-suite. Rachel Shelowitz has been named chief executive officer and Erin Sale chief marketing officer of Saltair, the body care brand cofounded…
Trump’s AI plan to boost Asia data centre projects, says Singapore-based CEO
PRESIDENT Donald Trump’s AI Action Plan unveiled this week is set to be a positive driver for data centre projects in Asia, a Singapore-based industry executive said. The…
AEM slumps 4.7% after its CEO resigns
As at 9.25 am, the counter has fallen to S$1.64, 4.7% below its Friday closing price Shares of AEM fell on Monday (Jul 28) after the semiconductor test solutions provider announced that…
Former Astronomer CEO May Sue Coldplay Over Viral Kiss Cam Moment
Former Astronomer CEO Andy Byron is reportedly exploring legal action against Coldplay following a viral kiss cam moment that altered both his public image and professional standing. The…
AEM Holdings CEO Amy Leong resigns
Semiconductor testing equipment manufacturer AEM Holdings has announced the resignation of its chief executive officer Amy Leong, which took effect on Sunday (Jul 27). Leong, who held the…
Gwyneth Paltrow Is Astronomer’s ‘Temporary Spokesperson’ After CEO, HR Chief Resign Following Coldplay Kiss Cam Scandal
Astronomer is using its newfound viral fame and poking some fun at itself by hiring celebrity Gwyneth Paltrow as its “temporary spokesperson” following the Coldplay kiss cam scandal and…
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings is planning to let go of several…
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led to growing losses Intel is planning to…
Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction
In the midst of an ongoing turnaround effort, Intel Corp. reported $12.9 billion in revenue as part of its second-quarter financial results on Thursday, matching year-over-year (YOY). The…
Who is FC Conradie? South African Game Reserve CEO Killed by Elephant in Shocking Wildlife Tragedy
A tragic wildlife incident claimed the life of 39-year-old FC Conradie, the CEO of Gondwana Private Game Reserve in South Africa, on July 22. The conservationist and entrepreneur was…
China Everbright Water appoints new CEO, sets up sustainability committee
Xiong Jianping succeeds outgoing chief Tao Junjie, who has been at the helm for nearly four years Water environmental management company China Everbright Water has appointed Xiong…
AMD CEO sees chips from TSMC’s US plant costing 5% to 20% more
Advanced Micro Devices (AMD) chief executive officer Lisa Su said that the chips her company gets from supplier Taiwan Semiconductor Manufacturing Company (TSMC) cost more when they are…
Vestiaire Collective Appoints Samina Virk Global Chief Marketing Officer, Adding to U.S. CEO Duties
Vestiaire Collective, the global platform for pre-loved luxury fashion, has named Samina Virk global chief marketing officer, adding to her current duties as U.S. chief executive officer.…