Carter’s Brings on Build-A-Bear Vet as CEO
Carter’s announced Sharon Price John, former CEO of Build‑A‑Bear Workshop, as its new chief executive officer and president effective June 15, 2026. She succeeds Douglas Palladini, who departed after only a year, with CFO Richard Westenberger serving as interim CEO. John is praised for delivering record sales, expanding the brand beyond malls, and accelerating e‑commerce at Build‑A‑Bear. The retailer reaffirmed mid‑single‑digit net‑sales growth guidance for FY2026 while continuing store closures and a 15% workforce cut.
All Buildings Will Have Behind-the-Meter Power Eventually: Trane CEO
Trane Technologies reported $5 billion in first‑quarter revenue, a 6% year‑over‑year increase, driven by strong growth in its Americas commercial HVAC segment. CEO David Regnery said the company expects behind‑the‑meter power to become standard in all buildings, reducing the typical 30%...
Deep Sea Minerals’ James Deckelman on the Next Critical Minerals Frontier
Deep Sea Minerals Corp. is advancing into seabed mining of polymetallic nodules, focusing on the Clarion‑Clipperton Zone and the Cook Islands. CEO James Deckelman says rising demand for critical minerals, falling terrestrial ore grades and a new U.S.–Cook Islands strategic...
Atlassian Stock Jumps 20% After Beating Revenue and Earnings Expectations
Atlassian reported fiscal Q3 revenue of $1.79 billion, a 32% year‑over‑year increase, and non‑GAAP earnings of $1.75 per share, both surpassing analyst expectations. Cloud revenue jumped 29% to $1.13 billion, while data‑center sales rose to $560.7 million, beating forecasts. GAAP results showed a...
PhonePe’s Share.Market Names Vijay Ajmera as Head Amid Leadership Transition
PhonePe has appointed long‑time executive Vijay Ajmera to head its Share.Market broking arm, succeeding Ujjwal Jain who left to launch a new venture. Ajmera, who previously founded a fintech lending firm, will oversee the wealth‑tech vertical, with mutual‑fund head Nilesh...
VIDEO: II’s The Breakfast Briefing – Rob Allen, CEO, IFGL
International Financial Group Limited (IFGL) marked a year under CEO Rob Allen with a relaxed Breakfast Briefing filmed beside its Douglas office. Allen discussed his leadership routine, emphasizing fitness and work‑life balance as drivers of performance. The interview highlighted IFGL’s...
Inside Fino Payments Bank’s Troubles And Transition To A Small Finance Bank
Fino Payments Bank reported a 43% YoY profit decline to ₹52.5 Cr (≈$6.3 M) in FY26, with Q4 profit plunging 70% to ₹7.1 Cr (≈$0.86 M). The slump stems from RBI’s 2024 remittance circular, stress in NBFC/MFI sectors, and a shutdown of its digital...
Exxon Sees Endless Permian Growth, Defies Plateau Predictions
Exxon CEO Darren Woods on the Permian: "... We've had the pedal to the metal here from the very beginning [...] Unlike many of our competitors, who I think have predicted the plateauing of of the resource [....], we have...
MTN South Sudan Launches Mobile Money Agent Forum to Restore Customer Confidence
MTN South Sudan’s mobile money division has rolled out a nationwide agent forum aimed at rebuilding trust after a series of service disruptions. The initiative brings together frontline agents to tackle operational bottlenecks, especially around cash‑withdrawal availability, which is critical...
Inside A Fabricator’s Digital Reinvention
A mid‑size metal fabricator has overhauled its operations by embracing cloud‑based ERP, IoT sensor networks, and an integrated CAD/CAM suite. The digital shift trimmed order‑to‑delivery cycles by roughly 30%, cut machine downtime by a quarter, and lifted design throughput by...
Apple Flags Rising Memory Costs Threatening iPhone and MacBook Neo Supply
Apple warned that sharply higher memory component prices will pressure iPhone and MacBook Neo output in the June quarter. CEO Tim Cook said the company will evaluate pricing and supply options as the memory crunch deepens, while CFO Kevan Parekh...
Tetra Tech Posts 8% Q2 Revenue Rise on Surge in High-End Consulting
Tetra Tech announced second‑quarter 2026 net revenue of $1.05 billion, an 8% year‑over‑year increase, as high‑end consulting for water, environment and sustainable infrastructure lifted EBITDA to a record $146 million. The results prompted an upgrade to full‑year guidance and a larger dividend.
Xbox Hardware Revenue Plunges 33% as New Boss Asha Sharma Confronts Sales Slump
Microsoft disclosed that Xbox hardware revenue fell 33% year‑on‑year in Q3 FY2026, the steepest decline since the Series X launch. New Xbox chief Asha Sharma acknowledged the shortfall, promising a refocus on core fans and upcoming hardware under the Project...
Apple Posts $111.2 B Q2 Revenue, Forecasts 14‑17% Growth and Names John Ternus as Next CEO
Apple announced $111.2 B in Q2 2026 revenue, up 17% year‑over‑year, and gave guidance for 14‑17% revenue growth in the June quarter. The earnings call also confirmed a leadership change, with chief engineer John Ternus slated to become CEO and Tim...
Occidental Names Richard Jackson as New CEO
Occidental Petroleum announced that Chief Operating Officer Richard Jackson will succeed Vicki Hollub as chief executive on June 1, 2026. Hollub, who led the company for a decade and was the first woman to head a major U.S. oil firm,...
Capital Partners an “Important Source of Resilience” For RenaissanceRe: CEO O’Donnell
RenaissanceRe’s Capital Partners unit reported $94 million in total fee income for Q1 2026, with performance fees driving most of the upside. Management fees were $48 million and performance fees $46 million, boosted by strong underwriting and a one‑time deferred fee recognition. CEO Kevin...
Czech Energy Group Hints at Combined Bid for British Steel and Speciality Steel UK
Czech energy group Sev.en Global Investments, backed by billionaire Pavel Tykač, announced a £100 m ($125 m) investment in its Cardiff electric‑arc steelworks and signaled interest in a combined acquisition of British Steel and Speciality Steel UK. The plan would merge the two...
Without Wildfire Reform, California Utilities Could See Credit Impacts: Edison International
Edison International warned that without new California wildfire liability reforms, utilities could see credit rating downgrades that would raise borrowing costs across the state. A state‑commissioned report proposes a $4 billion outlay and three pathways—hardening, expanded insurance, and a fortified Wildfire...
Stellantis Reports Q1 Profits as Revival Plan Appears to Take Hold
Stellantis posted a Q1 2026 net profit of $440 million, a swing from a $455 million loss a year earlier. Revenue grew 6% and adjusted operating income reached $1.2 billion, reflecting stronger sales and cost‑discipline. Global shipments rose 12% and North American shipments...
The Big Interview: Cambria Allen-Ratzlaff on 20 Years of the PRI
Cambria Allen‑Ratzlaff, interim CEO of the Principles for Responsible Investment (PRI), sat down for a candid interview marking two decades of the initiative. She highlighted that PRI now boasts over 4,000 signatories managing roughly $100 trillion in assets, cementing its role...
Estée Lauder to Shed 10,000 Jobs as New Boss Bets on Digital Shift
Estée Lauder announced a second wave of layoffs, adding up to 3,000 jobs and bringing total cuts to about 10,000 positions. The moves aim to save $200 million annually and fund a digital‑first strategy that shifts sales from U.S. department stores...
Dr. Roopak Vasishtha Appointed Director General & CEO of ATDC
Dr. Roopak Vasishtha has been named Director General and CEO of the Apparel Training and Design Centre (ATDC), succeeding Dr. Vijay Kumar Mathur. ATDC runs more than 100 training centres across India and has educated over 490,000 students, many of...
EXEC: Columbia Sportswear CEO Tim Boyle Sees U.S. Wholesale Returning to Growth in Second Half
Columbia Sportswear posted a flat Q1 top line, with U.S. wholesale sales down 10% while international revenue rose 16% year‑over‑year. CEO Tim Boyle said the dip reflects a deliberate reduction in winter inventory and temporary tariff pressures, but a stronger...
Ripple CEO Confirms Company as Biggest XRP Holder
Speaking at XRP Las Vegas this week, Ripple CEO Brad Garlinghouse said, "Today, Ripple is still the largest holder of $XRP on the planet. We are the most interested party in seeing $XRP be successful." https://t.co/NvAJZX7sdN
This CEO’s Leadership Philosophy Changed After He Became a Parent
AiSDR CEO Yuriy Zaremba says adopting his eight‑year‑old son reshaped his leadership philosophy. He moved from fear‑based accountability to a model built on patience, kindness, and psychological safety. The shift now guides how he supports employees, sets expectations, and communicates...
Jamie Dimon Is Competing With Everyone. He’s Not Alone
Jamie Dimon’s latest shareholder letter highlighted a surge of competition from fintechs, electronic market makers and alternative asset managers that are encroaching on traditional banking territory. Firms such as Revolut, Citadel Securities and Jane Street are expanding into banking services,...
Mango, The Stealth Retailer That Has Crept Up On Fast Fashion Giants
Mango reported 30% global growth in 2025 and has almost doubled its revenue to €4 billion (about $4.4 billion) by 2026, outpacing most mid‑market apparel peers. CEO Toni Ruiz credited a clear, product‑first strategy and the flexibility of being privately held for...
Zuckerberg Threatens to Pull Meta Apps From New Mexico
Mark Zuckerberg says he'll pull his apps out of New Mexico if the state forces Meta to make them less addictive. https://t.co/Ykb2lWcYJC
JLL Posts Earnings Surge as Q1 Revenue Rises to $6.4bn
JLL reported a strong first‑quarter performance, with revenue climbing to $6.4 billion. The earnings surge was driven by higher leasing activity and advisory fees. CEO Christian Ulbrich emphasized an accelerated push toward the company’s 2030 sustainability targets. He also highlighted a...
Pie In The Sky: Lufthansa Wants To Be Europe’s Most Premium Airline
Lufthansa’s chief executive Jens Ritter announced that the carrier will use its 100‑year anniversary to launch a “firework display of innovations” and position the airline as Europe’s number‑one premium carrier. The plan hinges on a rapid fleet refresh—new aircraft every two...
Lululemon Fires Back After Founder Launches Scathing Attack on Leadership
Lululemon Athletica responded to a public rebuke from founder and former CEO Chip Wilson, who accused the company’s current board of making “brand‑eroding” decisions. Wilson singled out a recent collaboration with The Walt Disney Company, calling it misaligned with Lululemon’s...
The Payments Association CEO to Step Down
The Payments Association announced that CEO Ben Agnew will step down after leading the trade body since 2020. During his tenure, membership and revenue grew markedly, and the organization launched a market‑leading platform. His departure follows a 2025 investment from...
Maison Francis Kurkdjian’s Marc Chaya Steps Down as CEO and President
Maison Francis Kurkdjian co‑founder Marc Chaya announced his resignation as CEO and President, ending an eight‑year tenure that began with the brand’s 2009 launch. The luxury fragrance house, acquired by LVMH in 2017, will retain Chaya as a strategic advisor...
Berkshire’s Stock Has Suffered in a Post-Buffett World. Why That’s Actually a Good Thing.
Berkshire Hathaway’s stock has fallen 5.8% since Greg Abel took over as CEO, marking its weakest four‑month start since 2015 and lagging the S&P 500’s 5.3% gain. The company disclosed a slowdown in its insurance segment and said it will pause...
Exclusive: Former Zodia CEO John Cronin Launching New Institutional Crypto Platform
Former Zodia Custody CEO John Cronin announced he will launch a new, as‑yet‑unnamed institutional crypto platform. The service aims to combine fiat payment rails, custodial protection and trade execution within a regulated framework, targeting funds, stablecoin issuers, exchanges and infrastructure...
AMC Global Media CEO Kristin Dolan’s Pay Jumps 44% to $12.5 Million for 2025
AMC Global Media disclosed that CEO Kristin Dolan earned $12.5 million in 2025, up 44% from the prior year. The package includes a $2 million base salary, $4.2 million in stock awards and a $6 million cash bonus, reflecting the company’s shift toward streaming...
Lazard to Acquire Campbell Lutyens for $575M, Forming Global Private Capital Advisory Leader
Lazard announced a definitive agreement to acquire Campbell Lutyens for an initial $575 million, with up to $85 million in earn‑out, creating Lazard CL – a combined private‑capital advisory unit projected to generate $500 million in 2027 revenue and serve as the firm’s...
First Solar Posts Record $1.0 B Q1 Net Sales on 31% Module Volume Surge
First Solar posted a record $1.0 billion in first‑quarter net sales, driven by a 31% rise in module volume and a 47% gross margin. The company highlighted near‑full U.S. plant utilization, a growing backlog and the rollout of its CURE technology,...
Point72 Forms New Executive Committee as AUM Hits $50 Billion
Point72 Asset Management announced a new five‑member executive committee, headed by founder Steve Cohen, as the firm’s assets under management climbed to $50 billion. The reshuffle formalizes a leadership structure that has evolved alongside a near‑five‑fold AUM increase and a tripling...
Hilton Posts 3.6% RevPAR Rise in Q1 2026, Announces Record Development Pipeline
Hilton Worldwide posted a 3.6% year‑over‑year rise in systemwide comparable RevPAR for the first quarter of 2026 and disclosed a record development pipeline of 3,768 hotels, underscoring resilient demand and aggressive growth targets.
Baxter Names Anita Zielinski Interim CFO as Q1 Loss Triggers Finance Shake‑up
Baxter International announced that Anita Zielinski will serve as interim chief financial officer while reporting a first‑quarter net loss of $15 million. The medical‑device maker posted $2.7 billion in revenue, a 3% rise on a reported basis, but adjusted earnings per share...
Apple Appoints John Ternus as CEO, Tim Cook to Become Executive Chairman
Apple announced that longtime hardware chief John Ternus will take over as chief executive on Sept. 1, with Tim Cook moving to executive chairman. The change comes after a record‑breaking second‑quarter that posted $111.2 billion in revenue and highlighted rising memory‑chip costs.
Verizon CEO Dan Schulman Unveils AI Push and 13,000‑Job Cut to Revive Growth
Verizon CEO Dan Schulman announced a sweeping AI‑focused transformation and the largest layoff in the company's history, cutting 13,000 jobs. The moves come as the $200 billion telecom rebounds with a 16% stock gain since October and upgraded full‑year earnings guidance.
Twilio Stock Soared to Its Highest Level in 4 Years. Its CEO Shares How AI Helped the Company Turn Things...
Twilio shares surged more than 19% in after‑hours trading, hitting a four‑year high after the company posted Q1 results showing 20% year‑over‑year revenue growth, its fastest pace in three years. CEO Khozema Shipchandler credits the rebound to an AI‑first product...
CMLS CEO to Depart; Compass Names People Leader; New CEO at Buffini
Denee Evans announced she will step down as CEO of the Council of Multiple Listing Services (CMLS) effective May 31, with REdistribute CEO Amy Gorce serving as interim leader while a permanent successor is sought this summer. Compass International Holdings appointed...
Smart Returns to Its Roots — and Scales up in Europe: Interview with CEO Smart Europe Wolfgang Ufer
Smart is reviving its iconic two‑seater with the upcoming #2 while scaling its fully electric lineup (#1, #3, #5) across Europe. Wolfgang Ufer, who took over as European lead on March 1, now oversees 17 markets and is driving a growth‑focused...
Apple Says iPhone 17 'Most Popular Ever' As Sales Soar
Apple reported first‑quarter revenue of $111 bn, a 17% year‑over‑year rise, driven by a record‑breaking iPhone 17 launch. Sales in China surged 28%, making the new model the most popular Apple launch ever. The low‑priced MacBook Neo generated "off the charts" demand,...
Warren Buffett Has Stepped Aside. Berkshire Hathaway Is Now Greg Abel’s Show
Berkshire Hathaway’s 2025 annual meeting marks the first without Warren Buffett onstage, as CEO duties shift to Greg Abel. Since Buffett announced his succession plan, Berkshire’s stock has lagged the S&P 500, falling 12% versus a 25% index gain. Abel, praised...
PhonePe’s Share.Market CEO Ujjwal Jain Steps Down
Ujjwal Jain, CEO of PhonePe's Share.Market and wealth‑management units, stepped down after four years, marking the end of a "decade‑long Chapter 1." Jain had joined PhonePe following its 2022 $75 million acquisition of his startups WealthDesk and OpenQ, which powered the...
Adani Group Plans Major Restructuring of Its Operating Model
Adani Group announced a sweeping overhaul of its operating model, introducing a three‑layer hierarchy that pushes decision‑makers closer to project sites and aims to reduce decision times from days to hours. The restructuring coincides with a plan to accelerate capital...