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OpenAI President Greg Brockman Testifies, Exposing Governance Clash with Elon Musk
NewsMay 5, 2026

OpenAI President Greg Brockman Testifies, Exposing Governance Clash with Elon Musk

OpenAI President Greg Brockman took the stand in federal court, offering a combative testimony that highlighted internal governance tensions and his personal financial stakes. The exchange with Elon Musk’s lawyer underscored the high‑stakes nature of the lawsuit accusing OpenAI of...

By Pulse
Bridenstine Takes Over as Quantum Space CEO
NewsMay 5, 2026

Bridenstine Takes Over as Quantum Space CEO

Former NASA administrator Jim Bridenstine has been appointed chief executive of Quantum Space, a satellite‑maneuvering firm. Bridenstine says the role lets him return to national‑security work, leveraging his military and congressional experience. Quantum’s flagship Ranger vehicle can both refuel other...

By Payload
PayPal Plans Job Cuts as Its New CEO Pursues Turnaround Strategy
NewsMay 5, 2026

PayPal Plans Job Cuts as Its New CEO Pursues Turnaround Strategy

PayPal announced a $1.5 billion cost‑reduction plan that includes job cuts as new CEO Enrique Lores seeks to reverse a multi‑year performance slump. The company posted first‑quarter adjusted earnings per share of $1.34, topping the $1.27 consensus. Lores reshuffled senior leadership,...

By The Business Times (Singapore) – Companies & Markets
Geopolitics Reshapes CEO Priorities as Firms Focus on Profitability, AI and Dealmaking
NewsMay 5, 2026

Geopolitics Reshapes CEO Priorities as Firms Focus on Profitability, AI and Dealmaking

The EY‑Parthenon CEO Outlook Survey of 1,200 leaders across 21 countries finds geopolitical risk now tops the agenda, with 56% naming it the most pressing threat for the next year. Executives are pivoting toward disciplined growth, prioritising profitability, financial flexibility...

By Workplace Insight
ICIMS Names New CEO
NewsMay 5, 2026

ICIMS Names New CEO

ICIMS announced Marc Thompson as its new chief executive officer, effective May 17, 2024. Thompson, who joined as CFO in September 2024, has been a key architect of the company’s AI‑driven growth strategy. He brings more than three decades of experience...

By HRTechFeed
Apply Now: Indy Seeks New Boss
BlogMay 5, 2026

Apply Now: Indy Seeks New Boss

The Indianapolis Symphony Orchestra’s Board announced that CEO James Johnson will step down on June 20, ending an eight‑year tenure. The departure aligns with the close of the orchestra’s classical season. The board will launch a nationwide search for a permanent...

By Slippedisc
Coinbase to Cut 14% of Staff over Impact of AI and Volatile Markets
NewsMay 5, 2026

Coinbase to Cut 14% of Staff over Impact of AI and Volatile Markets

Coinbase announced it will eliminate roughly 14% of its workforce, about 1,200 jobs, citing the dual pressures of artificial‑intelligence automation and a volatile cryptocurrency market. The layoffs are part of a broader cost‑cutting initiative aimed at stabilizing earnings after a...

By Financial Times — Markets (bonds/rates often)
Mondelez CEO Highlights Innovation Agenda
NewsMay 5, 2026

Mondelez CEO Highlights Innovation Agenda

Mondelez International’s CEO Dirk Van de Put said innovation is central to its FY2026 growth agenda, unveiling a slate of new products such as Ritz Drizzled Minis, Perfect Snacks protein bars, Cadbury Biscoff Egg, limited‑edition Toblerone variants and Sour Patch...

By Food Business News
Grand Theft Auto 6 Is Coming to Consoles Before PC to Serve “Core Audience” First, Says Take-Two CEO
NewsMay 5, 2026

Grand Theft Auto 6 Is Coming to Consoles Before PC to Serve “Core Audience” First, Says Take-Two CEO

Take‑Two Interactive CEO Strauss Zelnick confirmed that Grand Theft Auto 6 will debut on PlayStation and Xbox consoles on November 19, with a PC version arriving later. He emphasized the decision reflects Rockstar’s long‑standing focus on the “core audience” of console gamers,...

By GamingBolt
Duncan Painter Quits Omnicom for Tech CEO Role
NewsMay 5, 2026

Duncan Painter Quits Omnicom for Tech CEO Role

Duncan Painter has resigned as chief executive of Omnicom, ending a tenure of less than three years. His departure comes shortly after Omnicom completed the $1.2 billion sale of its data‑technology unit Flywheel in 2023. Painter is set to become chief...

By Campaign UK
Taco Bell Grows Loyalty and Digital Sales
NewsMay 5, 2026

Taco Bell Grows Loyalty and Digital Sales

Taco Bell is expanding its loyalty program, driving a 30% year‑over‑year increase in loyalty sales and pushing its U.S. digital sales mix toward 50%. Across Yum Brands, digital transactions reached a record 63% of total sales, equating to about $11 billion...

By Restaurant Dive (Industry Dive)
Paramount CEO David Ellison Expands 2026 Slate to 30 Films with Warner Bros
NewsMay 5, 2026

Paramount CEO David Ellison Expands 2026 Slate to 30 Films with Warner Bros

Paramount Skydance CEO David Ellison announced a 30‑film theatrical slate for 2026 in partnership with Warner Bros., doubling the studio’s output from the prior year. The expansion comes with a forecast of significantly lower box‑office revenue per title, highlighting a...

By Pulse
Unveiled: Kenvue CEO Kirk Perry’s Annual Salary
NewsMay 5, 2026

Unveiled: Kenvue CEO Kirk Perry’s Annual Salary

Kenvue appointed Kirk Perry as permanent CEO on November 2, 2025, raising his base salary to $1.35 million bi‑weekly, up from $1.25 million as interim. His annual bonus target is 175% of salary, potentially reaching $2.3 million, and he can receive a one‑time...

By Cosmetics Business
Energi.AI Acquires CEMAsys to Boost Data‑Driven Sustainability Consulting
NewsMay 5, 2026

Energi.AI Acquires CEMAsys to Boost Data‑Driven Sustainability Consulting

Energi.AI announced the acquisition of Norway‑based sustainability advisory CEMAsys, a move that will expand its AI platform, quadruple its customer base and add advisory expertise. The deal signals a shift toward automated, decision‑grade climate data in the consulting market.

By Pulse
ServiceNow's AI Blitz: Acquires Moveworks, Veza and Armis to Supercharge HR Automation
NewsMay 5, 2026

ServiceNow's AI Blitz: Acquires Moveworks, Veza and Armis to Supercharge HR Automation

ServiceNow announced the rapid acquisition of AI startups Moveworks, Veza and Armis, targeting tighter workflow automation for its HR Service Delivery suite. The moves come as the $94 billion‑valued firm battles a 38% year‑to‑date stock decline and seeks fresh growth beyond...

By Pulse
Twilio CEO Unveils $5B-to-$10B Turnaround Focused on DevOps and Reliability
NewsMay 5, 2026

Twilio CEO Unveils $5B-to-$10B Turnaround Focused on DevOps and Reliability

Twilio chief executive Khozema Shipchandler announced a sweeping turnaround that narrows the company’s focus to nine strategic bets, aims to double revenue from $5 billion to $10 billion, and prioritizes platform reliability and DevOps efficiency. The plan tackles the stalled integration of...

By Pulse
GameStop Launches $56 B Bid for eBay, Targeting a 20% Premium
NewsMay 5, 2026

GameStop Launches $56 B Bid for eBay, Targeting a 20% Premium

GameStop, led by Ryan Cohen, has submitted an unsolicited $56 billion cash‑and‑stock offer for eBay, valuing the marketplace at about $55 billion and representing a roughly 20% premium to Friday’s close. The proposal, backed by a $20 billion debt commitment from TD Bank,...

By Pulse
Vodafone to Buy CK Hutchison’s Stake in VodafoneThree for $5.5 Bn, Gaining Full UK Control
NewsMay 5, 2026

Vodafone to Buy CK Hutchison’s Stake in VodafoneThree for $5.5 Bn, Gaining Full UK Control

Vodafone Group announced a £4.3 bn ($5.5 bn) deal to buy CK Hutchison’s 49% stake in VodafoneThree, taking 100% ownership of the UK’s largest mobile operator. The transaction values the joint venture at an implied £13.85 bn ($17.6 bn) and is slated to close...

By Pulse
Paladin in Discussions to Acquire Entourage Talent Associates
NewsMay 5, 2026

Paladin in Discussions to Acquire Entourage Talent Associates

Paladin Artists announced it is in advanced discussions to acquire Entourage Talent Associates, formalising a partnership that began in 2021. The acquisition would create a scaled, independent booking firm positioned for growth, adding Entourage’s client base to Paladin’s roster that...

By IQ Magazine
A Jittery CEO Crowd at Milken Looks Abroad for Growth—And Answers
NewsMay 5, 2026

A Jittery CEO Crowd at Milken Looks Abroad for Growth—And Answers

At the Milken Institute Global Conference, CEOs signaled a clear pivot toward emerging markets, citing Pakistan’s data‑driven growth and Bangladesh’s large, female‑rich workforce as new investment frontiers. Brookfield Asset Management announced a doubled commitment to the Middle East, while VEON’s...

By Fortune
CEO Succession in Action: This Year’s Berkshire Hathaway Annual Meeting
BlogMay 5, 2026

CEO Succession in Action: This Year’s Berkshire Hathaway Annual Meeting

The 2024 Berkshire Hathaway annual meeting marked the first time Greg Abel, Warren Buffett’s designated successor, chaired the event while Buffett remained a board member but stayed out of the spotlight. Abel delivered a longer, detail‑heavy presentation, signaling a shift...

By The CorporateCounsel.net Blog
Stila Cosmetics Taps Former Estée Lauder Companies Executive as CEO
NewsMay 5, 2026

Stila Cosmetics Taps Former Estée Lauder Companies Executive as CEO

Stila Cosmetics has named former Estée Lauder Companies executive Daniel Annese as its new CEO, succeeding Michelle Kluz who is moving to lead Australian health‑tech firm DBG Health. Annese arrives after Stila reported 16 straight months of comparable sales growth and a more...

By Cosmetics Business
Why GTA₩6't Launch on PC: 'Consoles Are Our Core Customers, We Must Deliver the Best Experience'
NewsMay 5, 2026

Why GTA₩6't Launch on PC: 'Consoles Are Our Core Customers, We Must Deliver the Best Experience'

Take‑Two Interactive CEO Strauss Zelnick confirmed that Grand Theft Auto 6 will launch on November 19, 2026 exclusively for PlayStation 5 and Xbox Series X|S, with no PC release date announced. The decision follows Rockstar's long‑standing console‑first philosophy, emphasizing service to its core console audience....

By Inven Global
Diageo's New CEO Gets Breather As Rivals' Merger Fizzles
NewsMay 5, 2026

Diageo's New CEO Gets Breather As Rivals' Merger Fizzles

Diageo's new CEO Dave Lewis gets a reprieve after the proposed Pernod Ricard‑Brown Forman merger collapsed, removing a potential $17 bn rival that would have narrowed the gap with Diageo’s $20.25 bn sales. The deal’s failure eases immediate competitive pressure, but Lewis still...

By European Supermarket Magazine
GameStop Makes Unsolicited Bid to Acquire Online Auction Giant eBay for $56B
NewsMay 5, 2026

GameStop Makes Unsolicited Bid to Acquire Online Auction Giant eBay for $56B

GameStop has lodged an unsolicited $56 billion offer to acquire eBay, a valuation roughly five times its own $11 billion market cap. The proposal would be financed half in cash—leveraging a $20 billion loan from TD Bank and $9 billion on hand—and half in...

By NPR — Economy
Otto Aerospace Appoints New CEO as Laminar Flow Jet Program Enters Execution Phase
NewsMay 5, 2026

Otto Aerospace Appoints New CEO as Laminar Flow Jet Program Enters Execution Phase

Otto Aerospace named Scott Drennan as its new president and CEO, replacing Paul Touw as the company transitions the Phantom 3500 laminar‑flow business jet from design to execution. Drennan, formerly president and COO, led the jet’s preliminary design review and recent...

By Business Airport International
John Ternus and Apple’s Next CEO Era
BlogMay 5, 2026

John Ternus and Apple’s Next CEO Era

Apple announced that longtime hardware engineer John Ternus will replace Tim Cook as CEO on September 1. The transition comes as Apple is perceived to lag behind rivals in generative AI, prompting questions about whether continuity or bold reinvention will...

By Doug Levin
Growth‑first Strategy Stalls Both Users and Revenue
SocialMay 5, 2026

Growth‑first Strategy Stalls Both Users and Revenue

Last quarter, the CEO mentioned: “we’ve decided to prioritize user growth over monetization.” Not a good trend to see both continue to decelerate.

By Thomas Chua (Steady Compounding)
EuroAtlantic Airways Appoints Former airBaltic Executive as CEO
NewsMay 5, 2026

EuroAtlantic Airways Appoints Former airBaltic Executive as CEO

Lisbon‑based wet‑lease and charter carrier euroAtlantic Airways announced Pauls Calitis, former airBaltic COO and interim CEO, as its new chief executive effective May 18, replacing Stewart Higginson who becomes non‑executive chairman. Calitis brings experience in fleet modernization and ACMI expansion, aligning...

By Business Airport International
Belstaff CEO Departs After One Year
NewsMay 5, 2026

Belstaff CEO Departs After One Year

Belstaff CEO Kerry Byrne stepped down after just one year in the role, having joined the company in 2021 and taken the helm in April 2025. Her exit comes months after Castore’s acquisition of the heritage outerwear brand, a deal...

By TheIndustry.fashion
Building Maven Clinic when No One Believed with CEO Kate Ryder
PodcastMay 5, 202649 min

Building Maven Clinic when No One Believed with CEO Kate Ryder

In this episode of Lifers, CEO Kate Ryder discusses the evolution of Maven Clinic, the first unicorn in women's health, focusing on the challenges of scaling from $200M to $500M in revenue and aligning every part of the business. She...

By Second Opinion
Forces Charity Appoints Former Brigadier as Next Chief
NewsMay 5, 2026

Forces Charity Appoints Former Brigadier as Next Chief

Former British Army brigadier Matt Bazeley has been named chief executive of the Forces Employment Charity, succeeding Alistair Halliday after a seven‑year tenure. The 140‑year‑old charity, which provides career guidance and job placement for veterans, reservists and families, assisted more...

By Third Sector
American Pilots Union Chief Says United CEO's Merger Idea Showed 'Bold Vision'
NewsMay 5, 2026

American Pilots Union Chief Says United CEO's Merger Idea Showed 'Bold Vision'

American Airlines pilots union leader Nick Silva praised United CEO Scott Kirby’s merger proposal as a "bold vision" that could transform the industry, but the Allied Pilots Association stopped short of endorsing a tie‑up. United recently withdrew its merger pursuit...

By CNBC – US Top News & Analysis
GameStop CEO Can’t Justify $56B eBay Bid
SocialMay 5, 2026

GameStop CEO Can’t Justify $56B eBay Bid

GameStop’s CEO struggles to answer the question of how his company worth $12B can afford to buy eBay for $56B. This is amazing television.

By Dare Obasanjo
Decades‑Long IBM‑Aramco Partnership Evolves with AI
SocialMay 5, 2026

Decades‑Long IBM‑Aramco Partnership Evolves with AI

Next up - a convo between @IBM's @ArvindKrishna with @Aramco's Sami All-Ajmi, an IBM customer since the punch card era. #IBMThink https://t.co/YWtJAeY82h

By Holger Müller
When Growth Eats Margin: The Illusion of Creating Value
BlogMay 5, 2026

When Growth Eats Margin: The Illusion of Creating Value

The post highlights a stark perception gap: 80% of CEOs believe they deliver superior customer value, yet only 8% of customers agree. This disconnect fuels margin pressure and strategic uncertainty, as illustrated by cases ranging from European children’s goods manufacturers...

By Strategic Seeing Club
AI Becomes IBM’s Core Model, Saving $4.5B
SocialMay 5, 2026

AI Becomes IBM’s Core Model, Saving $4.5B

AI isn’t just helping your business, it is your business model, says @IBM CEO @ArvindKrishna during #Think2026 keynote. IBM will save $4.5 billion using AI (annualized), he added. #Think #FitForPurpose https://t.co/7F0wqGVNOY

By Sarbjeet Johal
AI Efficiency Drives Layoffs Amid Pandemic Over‑hiring
SocialMay 5, 2026

AI Efficiency Drives Layoffs Amid Pandemic Over‑hiring

Today we made the difficult decision to lay off a decent chunk of our employees b/c AI has made everyone more efficient In unrelated news, our stock price is down 50% and we massively over-hired coming out of the pandemic

By Ben Carlson
Concierge Firm Co-Founded by Queen’s Nephew Went on ‘Ill-Timed’ Hiring Spree Before Iran War
NewsMay 5, 2026

Concierge Firm Co-Founded by Queen’s Nephew Went on ‘Ill-Timed’ Hiring Spree Before Iran War

Quintessentially, the luxury concierge firm co‑founded by Queen Camilla’s nephew Ben Elliot, expanded its Middle East and Asia workforce from 22 to 84 employees during the year to 30 April 2025, just months before the US‑Israel‑Iran conflict prompted wealthy clients to flee the...

By The Guardian » Business
CEO Profanity Can Signal Imminent Premium Buyout
SocialMay 5, 2026

CEO Profanity Can Signal Imminent Premium Buyout

Guess $MDV's CEO wasn't lying when he said the stock was way too f***ing low back in March. Just got bought out at a 20%+ premium to those levels. Lesson learned, look out for more swearing from CEOs. Might be a strong...

By Dalius – Special Sits
Altman Plans Spin‑offs for Robotics, Hardware to Boost Growth
SocialMay 5, 2026

Altman Plans Spin‑offs for Robotics, Hardware to Boost Growth

JUST IN: OpenAI CEO Sam Altman discussed spinning out the company’s robotics and consumer hardware divisions last year to let them grow without burdening the core business.

By David Gokhshtein
As Workers Worry About AI, Nvidia’s Jensen Huang Says AI Is ‘Creating an Enormous Number of Jobs’
NewsMay 5, 2026

As Workers Worry About AI, Nvidia’s Jensen Huang Says AI Is ‘Creating an Enormous Number of Jobs’

Nvidia CEO Jensen Huang told MSNBC that artificial intelligence will be a net job creator, not a mass‑unemployment driver. He framed AI as the United States’ best chance to re‑industrialize, pointing to the surge in hardware factories that need skilled...

By TechCrunch AI
AI ROI Hinges on Workflow Redesign, Not Just Tech
SocialMay 5, 2026

AI ROI Hinges on Workflow Redesign, Not Just Tech

JUST IN: Arvind Krishna says unlocking AI returns depends more on changing company workflows than on technology alone.

By David Gokhshtein
Chevron CEO Admits Oil Market Is Totally Doomed
SocialMay 5, 2026

Chevron CEO Admits Oil Market Is Totally Doomed

Allow me to translate @TheChiefNerd Chevron CEO is saying "We're totally f**cked" Any questions? #oil #energy #inflation #markets

By Art Berman Blog
CB Hot Suit Takes: Andrew Siwka, Founder and Managing Partner, The Royals
NewsMay 5, 2026

CB Hot Suit Takes: Andrew Siwka, Founder and Managing Partner, The Royals

Andrew Siwka, founder and managing partner of The Royals, sat down for Campaign Brief’s Hot Suit Takes Q&A. A former marine biologist, he entered advertising after a brief stint at Grey and never looked back. He highlighted the agency’s recent...

By Campaign Brief
Tim Cook Deserved $100 B for Shareholder Value Gains
SocialMay 5, 2026

Tim Cook Deserved $100 B for Shareholder Value Gains

Tim Cook should have been paid $100 Billion for the shareholder value increase under his tenure

By Bryan Beal
Hercules Capital Promotes CFO to President, Names New CFO in Growth Push
NewsMay 5, 2026

Hercules Capital Promotes CFO to President, Names New CFO in Growth Push

Hercules Capital, the leading specialty finance firm, promoted longtime CFO Seth Meyer to President and appointed former Revelation Partners partner Andrew Olson as its new CFO effective May 18, 2026. The moves are designed to accelerate platform scaling and deepen...

By Pulse
Oracle, Comcast and Spotify Adopt Co-CEO Model as Companies Seek Stability
NewsMay 5, 2026

Oracle, Comcast and Spotify Adopt Co-CEO Model as Companies Seek Stability

In September, Oracle, Comcast and Spotify each unveiled a co-CEO structure, while Jeff Bezos joined a new AI venture as a joint chief executive. The wave of dual leadership appointments reflects a search for resilience as markets wobble.

By Pulse
Andy Jassy Says Amazon Investors Will Be Rewarded by All Its AI Spending
NewsMay 5, 2026

Andy Jassy Says Amazon Investors Will Be Rewarded by All Its AI Spending

Amazon CEO Andy Jassy told Mad Money that the company’s $200 billion AI‑related capex this year is a once‑in‑a‑generation bet that will drive long‑term growth. He said Amazon invests ahead of demand, citing AWS’s rapid expansion and a $15 billion AI run‑rate...

By CNBC – US Top News & Analysis