Xbox CEO Says Current Margins 'Cannot Continue'
Xbox CEO Asha Sharma and Chief Content Officer Matt Booty warned staff that the division’s current economics are unsustainable after more than $20 billion of investment over the past five years has coincided with a half‑billion‑dollar revenue decline. They cited “RAMaggedon,” a severe console‑supply bottleneck, and an overextended portfolio of acquired studios as key pressure points. While the memo stopped short of confirming layoffs, Bloomberg reports suggest sizable cuts could follow Microsoft’s fiscal year end on June 30. The executives called for a new hardware business model and partnerships around the upcoming Project Helix console.
Ziprecruiter Integrates with Claude
ZipRecruiter announced a new connector that integrates its job marketplace with Anthropic’s Claude AI assistant. The integration allows job seekers to query millions of listings directly through Claude, adding an AI‑driven search layer to the platform. By embedding its data...
Jeff Bezos Says AI Will Bring ‘Golden Ages’ Not Mass Job Losses
Jeff Bezos told investors that artificial intelligence will usher in a "golden age" of productivity rather than trigger widespread job losses. He highlighted Amazon’s aggressive rollout of generative AI tools across retail, cloud, and logistics, arguing that the technology creates...
What Will Ahold Delhaize’s Next CEO Prioritize?
Ahold Delhaize will install Thierry Garnier as CEO in April, succeeding Fran Muller. Garnier arrives from Kingfisher after a long tenure at Carrefour, bringing deep digital and international retail experience. The board signals continuity, expecting him to advance the existing "Growing Together"...
Integreon Names Krishna Nacha as CEO to Lead AI-Forward Growth Strategy
Integreon announced Krishna Nacha, former head of Americas at Iron Mountain, as its new chief executive officer and board member. Nacha, who brings over three decades of B2B technology and process‑services experience, will steer the firm’s "domain‑led, AI‑forward" growth plan...
AWS’ Former CEO Launches New AI Infrastructure Startup Helix Digital, Backed By Nvidia And $10B In Capital
Former AWS chief Adam Selipsky has been named CEO of Helix Digital Infrastructure, a new AI‑focused startup created by KKR. Helix launches with over $10 billion in long‑duration capital commitments, backed by Nvidia, the Kuwait Investment Authority and Vistra. The firm...
Southwest Airlines Boardroom Drama Sidelines CEO-In-Waiting And Threatens Its Famous Culture
Southwest Airlines’ board has effectively removed CEO‑in‑waiting Andrew Watterson, leaving current CEO Bob Jordan in charge longer than expected. The board reassigned key roles—Justin Jones as chief commercial officer and Tony Roach overseeing HR—directly under Jordan, bypassing Watterson. The reshuffle...
Solidigm Announces New Co-CEOs Xin Guo and Richard Chin
Solidigm, a leading enterprise data‑storage firm, announced Xin Guo and Richard Chin as co‑chief executive officers. Guo, who has held senior engineering roles at Intel and holds 40 U.S. patents, will steer global strategy and technology development. Chin, formerly with...
CMLS Appoints New CEO at a ‘Pivotal Time’ for the Industry
The Council of Multiple Listing Services (CMLS) announced Jessica Edgerton, former chief legal officer of LeadingRE, will become its CEO on July 1, succeeding longtime leader Denee Evans. Edgerton steps in as the MLS industry faces intensified DOJ scrutiny, class‑action lawsuits,...
The Secret Behind Marketing Sleep and Disrupting a $585 Billion Health Market Ft. CEO Tim Rosa
Somnee, led by former Fitbit CMO Tim Rosa, is challenging the $585 billion health and wellness market with clinical‑grade sleep technology that blends neuroscience and AI. Rosa argues that brand should drive every operational decision, from product design to supply chain,...
Derwent Names Former Assura Boss Murphy as Next Chief Executive
Derwent London plc, a leading London office REIT, announced that Stephen Murphy, the former chief executive of healthcare property group Assura, will become its next chief executive in September. Murphy will succeed Paul Williams, who is retiring after a decade...
The Future of EVs, with Rivian’s RJ Scaringe
In this episode of Masters of Scale, Rivian founder and CEO RJ Scaringe discusses the massive complexity of building an electric‑vehicle company that must juggle hardware, software, logistics, and a sprawling supply chain. He explains how Rivian coordinates thousands of...
Vacheresse Silver Corp. Appoints Christian Diesveld as President & CEO to Lead Ontario Exploration Strategy
Vacheresse Silver Corp. announced Christian Diesveld as its new President and CEO, bringing over 25 years of mining finance and capital‑market expertise. The appointment coincides with an accelerated exploration push on its flagship Northern Ontario property, including a summer drill...
Dani Richa Steps Back to Non-Executive Chairman Role at IMPACT BBDO
Dani Richa is stepping down from his dual role as Group Chairman and CEO of IMPACT BBDO to become Non‑Executive Chairman. The shift coincides with IMPACT BBDO’s deeper integration into Omnicom Advertising’s connected regional and global structure. Country CEOs in...
South Africa Claims the Right to Pick Safaricom’s Next CEO
Vodacom aims to acquire the Kenyan government’s 15% stake in Safaricom, boosting its ownership to 55% and securing the right to nominate the next CEO through a new shareholder agreement filed with the SEC. The pact gives Vodacom control over...
Sierra Nevada Taps Dealmaker Geologist for Growth Push
Sierra Nevada Gold announced Adam Oehlman as its new CEO effective June 11, 2026, as the company ramps up drilling in Saudi Arabia and trial mining in Nevada. Oehlman brings a blend of geological expertise and corporate‑development experience, most recently...
“We Cannot Compete:” Why Global Inverter Giant Quit Australia’s Home Solar Market
SMA Group announced it will exit Australia’s residential and commercial inverter market, citing an inability to compete with low‑cost Chinese rivals. The company has shifted its business model, now deriving 80% of revenue from utility‑scale projects, with Australia serving as...
Anthropic’s Dario Amodei Has Just One Direct Report
Anthropic, now valued at roughly $1 trillion just five years after its founding, has a strikingly lean leadership hierarchy. CEO Dario Amodei disclosed he has only one direct report—a chief of staff—while all other senior executives report to his sister and...
Upworthy
Feel-Good Digital Publisher Upworthy Gets New CEO: Amanda Farrand, Alum of Imagine Entertainment and Hello Sunshine https://t.co/fSgFzIBUD5
Free Solomon
David Solomon, now in his eighth year as CEO, has steered Goldman Sachs through a period of robust profitability and strategic diversification, delivering a record‑breaking net profit for fiscal 2025. The bank’s investment‑banking fees rose double‑digits, while its asset‑management arm...
OpenAI Expects to Go Public 'Within the Next Year,' The Information Reports
OpenAI CEO Sam Altman told staff the company expects to go public within the next year after confidentially filing for a U.S. IPO. The filing gives the firm optionality, though Altman said advances in recursive self‑improvement could push the timeline...
Elevation Point Forecasts $5B in New Platform Assets in Second Half of ‘26
Elevation Point, a minority‑investor platform for registered investment advisors, announced it will add another $5 billion in assets during the second half of 2026, matching the $5 billion it brought in this year. Since its mid‑2024 launch, the Minneapolis‑based accelerator has grown...
3 Insights From Graphic Packaging’s New CEO
Graphic Packaging International’s new CEO Robbert Rietbroek reports a more optimistic outlook after five months, emphasizing a $15 billion addressable market for converting plastic and foam packaging to paper. He highlighted $65 million inflation‑related cost pressure, prompting a 500‑job reduction and the...
Cara Williams Fry to Lead Kansas City PBS
Cara Williams Fry has been appointed president and chief executive officer of Kansas City PBS, with her start date set for July 20. She will take over from retiring leader Kliff Kuehl, guiding the nonprofit through its next growth phase. Fry...
FalconStor Is a Growth Company – Here’s How We Got There
FalconStor’s Q1 2026 results mark the culmination of a multi‑year turnaround that shifted the company from a license‑driven model to a recurring‑revenue business focused on IBM Power data protection. After streamlining operations and closing offices, the firm forged a deep strategic...
Christopher Bailey Turns His Attention to Britain’s Storied Pottery, and Other News.
Former Burberry chief creative officer Christopher Bailey has spearheaded the acquisition of Burleigh, the historic Stoke‑on‑Trent ceramic maker, rescuing the 175‑year‑old brand after Denby Pottery’s collapse. Burleigh remains the world’s last pottery using hand‑applied tissue‑transfer printing, a technique prized by...
Xbox CEO Outlines Strategy to Prioritise Cost-Efficiency and Exclusive Titles over Premium Hardware
Xbox CEO Asha Sharma told Fortune the company will prioritize cost‑efficient console designs and new business models over chasing premium, high‑performance hardware. The shift follows a 33% year‑on‑year drop in Xbox hardware revenue in Q3, which Sharma called “not particularly...
Roma Foods CEO Departs After Six Years
Roma Foods Products announced that CEO Sam Schachna will leave after more than six years, with Managing Director Max Buontempo stepping in to oversee operations while the board evaluates the company’s long‑term structure. Schachna guided the firm through pandemic‑era supply...
The Hidden Cost of Slow CEO Succession—From a Guy Who Became President in a Weekend
An 29‑year‑old regional sales rep was thrust into the presidency of a $30 million company over a single weekend, later scaling it to $230 million and a 450‑person workforce. The author argues that the rapid, unstructured handoff accelerated growth, whereas traditional slow...
T3 Names New CEO
Premium hair‑tool maker T3 has appointed Anne‑Cécile Brilland as chief executive, succeeding Anish Agarwal. Brilland joins from IGK Hair, where she was brand president, after stints at Make Up For Ever and L’Occitane. She plans to boost T3’s TikTok presence,...
Former Lyre’s & Sullivans Cove Marketer Kristy Bloomfield Named CEO Of Larry’s Emdur’s The Ben Buckler Whisky Company
Larry Emdur’s The Ben Buckler Whisky Company has appointed Kristy Bloomfield as its new chief executive officer. Bloomfield previously served as global chief marketing officer at Lyre’s and as chief marketing officer at Sullivans Cove Distillery, where she built international brand...
‘Build Confidence and Credibility’ – NS&I Seeks £220k Chief to Take over Troubled Transformation
National Savings & Investments (NS&I), the UK government‑owned savings bank that manages about £240 billion, has opened a search for a permanent chief executive with a salary up to £220,000. The move follows the departure of CEO Dax Harkins after a...
The Productivity Imperative
Productivity has shifted from macro‑economic debate to a boardroom priority for CEOs in Australia and New Zealand. Recent data show multifactor productivity slipping 0.5% in Australia and 0.9% in New Zealand, while labour productivity is stagnant. CEOs face simultaneous pressure to grow,...
Adobe Needs a New CEO to Make Bold AI Moves, and Its Choice Could Be Reve...
Adobe announced that long‑time chief executive Shantanu Narayen will step down after nearly two decades, prompting a board search focused on steering the firm through a rapid AI transformation. Analysts have identified two senior insiders as the frontrunners for the...
The RBR+TVBR InFOCUS Podcast: Chuck Bergson
Radio + Television Business Report marks a decade under editor Adam R. Jacobson with an on‑site InFOCUS podcast featuring Pacific Media Group CEO Chuck Bergson in Maui. Bergson discusses the company’s continued growth despite recent floods and wildfires that have...
Farmer Mac's CEO Succession Plan Sped up Nine Months
Farmer Mac announced that its CEO transition will occur nine months earlier than planned, with President and COO Zachary Carpenter stepping into the chief executive role on July 1, 2026. Outgoing CEO Bradford Nordholm will remain as a senior advisor...
Honda Faces Internal Backlash as Retired Executives Question CEO's Leadership
Honda’s chief executive Toshihiro Mibe faces a revolt from retired senior leaders who blame his aggressive electric‑vehicle push and neglect of China for the automaker’s first annual loss in seven decades. The company has written down $9 billion in EV projects,...
New Casepoint CEO Paul Colangelo on AI, GovTech and the Road Ahead
In this episode of Law Next, new CasePoint CEO Paul Colangelo discusses his extensive GovTech background and the recent merger of CasePoint with Opexis under private‑equity owner Thoma Bravo. He outlines the company’s unified AI‑driven platform that combines e‑discovery, FOIA, and case‑management...
Tyson Foods Names Veteran Wes Morris as New COO Amid Beef Segment Losses
Tyson Foods announced Wes Morris will assume the chief operating officer role on June 15, succeeding retiring Devin Cole. The move, part of a broader succession plan, comes as the company grapples with multi‑million‑dollar losses in its beef segment and a...
Q&A: Riyadh Air CEO Tony Douglas on Launching a New Airline, Expanding Its Fleet, and the Future of Air Travel
Riyadh Air, the Saudi‑backed carrier launched by Crown Prince Mohammed bin Salman, is moving from concept to operation with the delivery of its first Boeing 787‑9 Dreamliners and plans to add Airbus jets by year‑end. CEO Tony Douglas said the airline will serve...
Desert Island Stores: Chris Brook-Carter, CEO of Retail Trust
In a Desert Island Stores interview, Retail Trust chief executive Chris Brook‑Carter reflects on the stores that shaped his retail philosophy, from nostalgic music shop Our Price to his favorite department store Selfridges. He emphasizes how seeing the Retail Trust...
Steno, Clio and Casepoint Announce New CEO or President Appointments
Steno announced PrabhDeep Singh as its new chief executive officer, succeeding co‑founder Greg Hong after a $49 million Series C round. At the same time, Clio promoted Ronnie Gurion to president while retaining his COO duties, following a $500 million Series G raise and...
Metinvest CEO Warns EU Steel Quotas Could Cripple Ukraine’s Industry
Metinvest CEO Yuriy Ryzhenkov warned that the EU’s new steel import quota system, effective July 1, could “kill the Ukrainian steel industry” and deprive Kyiv of hundreds of millions of pounds in tax revenue. The warning highlights how protectionist measures aimed...
Sinch Names CFO Jonas Dahlberg Acting CEO as Laurinda Pang Steps Down
Sinch AB announced that CFO Jonas Dahlberg will serve as acting chief executive following Laurinda Pang's resignation. The stock slid 3.56% to SEK 40.65 (about $4.47) on the Stockholm exchange, underscoring investor concern over the abrupt leadership shift.
Rick Wurster Puts Fidelity's $5-Trillion-Plus of 'Workplace' Assets in Play with a New 'Total Asset Capture' Strategy that Promises a...
Charles Schwab CEO Rick Wurster announced a strategic push into the workplace retirement market, directly targeting Fidelity’s $5 trillion‑plus 401(k) franchise. Schwab plans to pour capital into modernizing its legacy record‑keeping platform and integrate stock‑plan, wellness, and retirement services under a...
Gallagher Succeeds Mahoney at Mercury
Mercury Public Affairs, owned by Omnicom, announced a leadership overhaul on June 9, 2026. Founder Kieran Mahoney stepped down as CEO to become executive chairman, while longtime president John Gallagher was elevated to CEO. Michael Soliman was named president and Tom Doherty, a 25‑year veteran,...
What's Next for Apple with a New CEO
Apple announced that longtime CEO Tim Cook will step down in September after 15 years, naming hardware chief John Ternus as his successor. The transition sent Apple’s $4 trillion‑valued shares lower briefly, underscoring investor sensitivity to leadership shifts. Cook’s tenure delivered a...
Glint Solar Names Otovo Co-Founder as CEO, Targets US Expansion and Data Center Push
Glint Solar appointed Simen Fure Jørgensen, co‑founder of Norway’s Otovo, as its new CEO to accelerate a U.S. market push and a strategic focus on data‑center developers. Jørgensen brings AI expertise and scaling experience, having grown Otovo to 400 staff...
Transitioning From BGB to BGBx: Q&A with David Coman
On June 2, 2026 BGB Group rebranded as BGBx, positioning itself as a full‑stack commercial solutions firm for pharma and biotech. CEO David Coman highlighted a new “3D Science” framework that blends medical, behavioral, and data science to close evidence gaps. The...
UP CEO Says No Thanks to Potential Government Investment in $85B Merger
Union Pacific CEO Jim Vena told CNBC the railroad will fund the $85 billion merger with Norfolk Southern on its own, rejecting any federal equity investment. The idea of a government stake was floated by President Donald Trump, who sees strategic...