Steve Cohen Reorganises Point72 Leadership Structure as Firm Scales
Steve Cohen is reshaping Point72 Asset Management’s leadership by replacing the president role with an executive committee, while retaining his chairmanship and CEO duties. Co‑chief investment officer Harry Schwefel will become president, linking macro and quantitative teams. The new committee includes heads of operations, risk, strategy, technology and treasury, reflecting Point72’s $50 billion AUM expansion and succession planning. The move aligns the hedge fund with peers that have adopted committee‑based governance to sustain growth and institutional credibility.
At Nature HQ: Vivobarefoot’s Galahad Clark Is Rewriting The Rules Of Leadership
Vivobarefoot’s CEO Galahad Clark has transformed the shoe brand’s headquarters into a ten‑acre "Nature HQ" where employees grow food, hold meetings outdoors and follow a flat, ecosystem‑inspired hierarchy. The purpose‑first model has helped the company surge from roughly £30 million ($37.5 million)...
Heineken Reveals New Beavertown Boss
Heineken has appointed Will Rice, currently its UK on‑trade sales director, as managing director of Beavertown effective June 1, replacing Jochen Van Esch who returns to the group. The move is part of a broader reshuffle that sees Mick Howard take over...
Meta CEO Zuckerberg Blames Layoffs on Capital Spending, Won't Rule Out More Job Cuts
Meta Platforms CEO Mark Zuckerberg told employees that the upcoming layoffs stem from a shift in capital spending toward AI compute infrastructure. He explained that the company must balance investment in technology with its people costs, leading to a planned...
Diageo Is Cutting Jobs While Struggling — Here’s What Doesn’t Make Sense
Diageo announced a sweeping management reduction as part of a broader turnaround after a sharp share‑price drop and weakening US premium‑spirits sales. CEO Sir Dave Lewis says the cuts are designed to eliminate layers that slow decision‑making, giving more authority...
Turning VR Into a Spectator Sport with Mirra - Where We Buy #381
In this episode, James Cook talks with Sam Wang, founder of Mira Immersive, about the company’s innovative VR arena that blends immersive gaming, live spectator screens, and full-service food and beverage. Wang explains how Mira’s 25‑by‑25‑foot arena lets up to...
Rohan Lund Begins as CEO of Merged Southern Cross Media
Rohan Lund began his first day as chief executive of Southern Cross Media, the newly merged entity that combines Seven Network, 7plus, Hit and Triple M radio networks, and the LiSTNR audio platform. Lund arrives after former boss Jeff Howard’s departure...
Four More Years. Infantino Confirms He Wants to Keep His FIFA Presidency
FIFA President Gianni Infantino announced his bid for a fourth four‑year term at the organization’s Vancouver congress, aiming to serve a total of 15 years despite FIFA’s 12‑year statutory limit. He secured endorsements from CAF, AFC and CONMEBOL, which together...
DISNEY+ ANZ Boss Sally O’Donoghue Steps Down After Seven Years
Sally O’Donoghue, who launched Disney+ in Australia and New Zealand in 2019, announced she is stepping down after seven years at the helm. During her tenure she guided the service through its rollout, rapid subscriber growth and a series of strategic...
The Talk Show: ‘Food and Beverage Director’
Apple announced that Tim Cook will step down as CEO to become executive chairman, while longtime hardware leader John Ternus will assume the chief executive role. The company also elevated Johny Srouji to chief hardware officer, consolidating oversight of its...
‘This Crisis Is Still at the Beginning’: ANZ Boss Sends Iran War Warning
ANZ Bank reported cash profit of $3.8 bn (≈$2.5 bn USD) for the March half, a 6% rise year‑over‑year, while operating expenses fell 9% after a 3,500‑job reduction. CEO Nuno Matos warned that the Iran‑driven energy crisis could evolve from an inflation problem...
Very Excited About Indian Market, Says Apple's Tim Cook
Apple CEO Tim Cook told investors he is "over the moon" about India, where iPhone, iPad and Mac sales have risen double‑digit percentages. Apple now runs six retail stores in the country and saw Freshworks deploy more than 5,000 MacBooks,...
MLS Faces Critical Search for Next Commissioner
With Don Garber’s quarter-century-plus tenure ending next year, MLS has executive headhunters embarked on a sprawling replacement search. A few well-known names have emerged as early targets. With big-growth ambitions, they’d better get it right. https://t.co/5EQuSrXqKz
Soccer’s Next Don
MLS is quietly hunting a successor to long‑time commissioner Don Garber, whose contract expires at the end of the 2027 season. Korn Ferry, the executive search firm, has been contacting a mix of former league executives, team owners and media...
Apple Q2 2026 Results
Apple announced fiscal Q2 2026 results, posting $111.2 billion in revenue—a 17% year‑over‑year rise—and diluted earnings per share of $2.01, up 22%. The iPhone 17 family delivered record iPhone revenue, while Services hit an all‑time high. Operating cash flow reached $28 billion, supporting a...
Founders Shift Fashion Success to Sustainable Growth, Boosting Kering Shares
A Business of Fashion analysis reveals that emerging fashion founders are abandoning the chase for global prestige in favor of slower, sustainable growth models. The shift is already reflected in Saint Laurent’s $3 billion sales outlook and a 24% rebound in...
Stride Posts 1.8% Enrollment Rise, Revenue up 2.7% in Q3 2026
Stride, the online K‑12 provider, announced total enrollments of 244,500 in the third quarter, a 1.8% rise year‑over‑year, while revenue climbed 2.7% to $629.9 million. The results underscore continued demand for digital schooling despite tighter enrollment windows and a modest dip...
Bath & Body Works Appoints First Chief Brand & Product Officer
Bath & Body Works has added Veronique Gabai-Pinsky to its executive team as the retailer’s inaugural chief brand and product officer. The move supports the company’s “Consumer First Formula” aimed at reviving growth after a Q4 sales dip.
ELAI Launches U.S. Operations and Hires Former Prudential CDO as North America CEO
ELAI announced its entry into the United States and the appointment of Kjersten Moody, former Global Chief Data Officer at Prudential, as CEO of North America. The move targets a market that accounts for more than 70% of the company’s...
Alphabet Q1 Revenue Jumps 22% to $109.9B on AI Cloud Surge and Record Search Queries
Alphabet posted a $109.9 billion first‑quarter revenue, up 22% year‑over‑year, as AI‑driven cloud services grew 63% and search advertising rose 19%. CEO Sundar Pichai highlighted compute constraints, while CFO Anat Ashkenazi warned of higher depreciation from infrastructure spending.
Cohen & Company Inc (COHN) Q1 2026 Earnings Call Transcript
Cohen & Steers delivered Q1 2026 results in line with guidance, maintaining a 40% compensation ratio and ending the quarter with $343 million in liquidity. Net inflows surged to $497 million, bolstered by strong multi‑strategy real‑asset, preferred securities and infrastructure contributions, while...
GrafTech International Ltd (EAF) Q1 2026 Earnings Call Transcript
GrafTech International reported a 6% rise in full‑year sales volume, driven by a 48% surge in U.S. shipments, while average selling price fell 9% to roughly $4,000 per metric ton. The company achieved an 11% reduction in cash cost to...
Holanda Hopeful About Cable One
Cable One reported a tough first quarter, losing 12,600 residential broadband customers, with revenue down 7.3% year‑over‑year and total PSUs falling 7.6%. New CEO Jim Holanda, who arrived from Astound Broadband, highlighted a year‑over‑year rise in first‑quarter connects as an...
Upland Software Inc (UPLD) Q1 2026 Earnings Call Transcript
Upland Software reported flat Q4 organic growth but improved profitability, delivering $15.3 million adjusted EBITDA at a 31% margin, up from 22% a year earlier. Free cash flow reached $24.4 million, surpassing its $20 million target, while net dollar retention...
Job-Swaps-Weekly:-GB-Bank-Ceo-Steps-Down,-While-Reckoner-Launches-Superyacht-Construction-Strategy
GB Bank announced that its chief executive will step down, with the board naming an interim leader from within the finance division. The departure follows a period of aggressive growth in the bank's asset‑backed finance platform. Meanwhile, Reckoner Capital unveiled...
Jim Summers: A Career Built on Consistency and Trust
Jim Summers, a native of Hobart, Oklahoma, has spent four decades as an investment adviser at Merrill Lynch, building a reputation for consistency and trust. His small‑town roots and a collegiate football career instilled discipline and teamwork that he later applied...
Good Luck Getting a Mac Mini for the Next ‘Several Months’
Apple CEO Tim Cook warned on the earnings call that Mac Mini demand will outstrip supply for several months, driven by rapid adoption of generative AI tools like OpenClaw. The base model sold out and the 512 GB configuration was discontinued,...
Sabra CEO: Skilled Nursing Deal Flow Tight Amid Fierce Competition From OpCo and PropCo Private Buyers
Sabra Health Care REIT is pivoting away from skilled‑nursing assets toward its Seniors Housing Operating Portfolio (SHOP), with private‑pay revenue now representing over 50% of the portfolio for the first time. The CEO said skilled‑nursing deal flow remains tight as...
Accendra Health (Formerly Owens & Minor) Discloses Executive Pay
Accendra Health, formerly Owens & Minor, disclosed 2025 executive compensation after selling its Products & Healthcare Services unit for $375 million and rebranding at year‑end. CEO Ed Pesicka earned $11.2 million, a 4 % rise, while CFO Jonathan Leon saw a 30 % increase to nearly $3 million. Median employee pay...
Apple Will Reinvest Tariff Rebate Into U.S. Manufacturing
Tim Cook: If Apple gets a tariff rebate, we are going to take the cash and add it to our U.S. manufacturing initiative.
The Oracle of Delphine
At LVMH's annual general meeting, Bernard Arnault warned that escalating Middle‑East tensions could trigger a world‑wide economic shock, dominating headlines. Meanwhile, his daughter Delphine Arnault used the platform to outline her strategy for Dior, the group’s second‑largest soft‑luxury label. After...
Good American CEO Emma Grede Says Working From Home Is “Career Suicide”
Emma Grede, CEO of Good American and founding partner of Skims, called working from home "career suicide" on a Bloomberg podcast, arguing that remote work erodes professional growth and social bonds. She linked the rise of home‑office setups to broader...
Stellantis Posts $440 M Q1 Profit After Pricing Overhaul and Dealer Strategy Shift
Stellantis reported a $440 million net profit for the first quarter of 2026, reversing a $26 billion loss in 2025. The turnaround stems from a disciplined pricing strategy, dealer‑network incentives, and $467 million in tariff refunds, lifting sales 6% in North America and...
Kyla Robinson Joins Bed Bath & Beyond as Chief Technology & Transformation Officer
Kyla Robinson, who spent 5.5 years leading technology at Spanx, announced her move to Bed Bath & Beyond as Chief Technology and Transformation Officer. The hire comes as CEO Marcus Lemonis signals a major AI‑driven restructuring that could cut headcount...
Jeanie Buss Uses 'Hammer' To Halt Brother Jimmy's Lakers Tanking Plan
Lakers governor Jeanie Buss confronted brother Jimmy Buss over a six‑year playoff drought, invoking the “hammer” her father gave her to reverse a tanking strategy. The clash highlights governance tensions in the family‑run franchise.
Sanofi Names Belén Garijo CEO, Effective May 1, 2026
Sanofi confirmed that Belén Garijo will assume the role of Chief Executive Officer on May 1, 2026, following the April 29 annual general meeting. The appointment comes as the company declares a €4.12 (≈$4.49) per‑share dividend and refreshes its board...
Etsy Q1 2026 GMS Hits $2.5B, Up 5.5% YoY on Strong Mobile and Take‑Rate Gains
Etsy posted $2.5 billion in gross merchandise sales for Q1 2026, a 5.5% year‑over‑year increase and the strongest quarterly growth since 2022. The boost came from a higher take rate, mobile‑app sales and the pending $1.2 billion Depop divestiture, while the company...
Kirby Is Crazy… Like A Fox
United Airlines chief Scott Kirby has publicly floated a merger with American Airlines, describing it as a growth‑driven partnership that could create a world‑leading U.S. carrier. American’s CEO Robert Isom rejected the proposal, labeling it a non‑starter and emphasizing focus...
Micross Components Appoints James J. Cannon as President and Chief Executive Officer
Micross Components announced James J. "Jim" Cannon as its new President and Chief Executive Officer, succeeding Vincent Buffa who will stay on as a senior executive advisor and board member. Cannon brings more than 25 years of leadership experience, most recently as...
Microsoft CEO Says They Have ‘Work to Do’ to Win Back Xbox and Windows Fans Amid Changes
Microsoft CEO Satya Nadella told investors that Xbox is undergoing a strategic reset aimed at winning back core gamers. The company is shifting away from broad ecosystem messaging, lowering Game Pass prices for lower‑tier plans, and emphasizing console‑first, first‑party titles. Nadella...
Cook’s Apple Legacy: Profit over Workers’ Rights
Tim Cook is stepping back as CEO of Apple. What legacy does he lead and where does the company go next? On Tech Won’t Save Us, I spoke with @brianmerchant to discuss why we can’t ignore the labor exploitation built into...
Apple Abandons Net‑cash‑neutral Goal Amid AI Push
Interesting that Apple dropped “net cash neutral” as a formal target after 7 years. With a new CEO coming and AI investment ramping, the flexibility to evaluate cash and debt independently makes sense. $AAPL
MTN Nigeria CEO Karl Toriola Earned $3.4 Million in 2025
MTN Nigeria CEO Karl Toriola earned a total of R56.997 million (about $3.4 million) in 2025, a 61.2% jump from the prior year. The surge stemmed mainly from R23.9 million in long‑term incentive vesting and a 62% rise in MTN’s share price, which...
Fermi America CEO Fired After 81% Stock Plunge
Plot thickens at Rick Perry's @FermiAmerica . Fresh SEC filing reveals former CEO Toby Neugebauer was just fired altogether for cause, removing him from the board -- after stock for this planned colossal AI energy campus plunged in value 81%....
Trinity 1Q26: ‘Strong and Consistent’ Execution Across Business
Trinity Industries posted Q1 2026 revenue of $492 million, a 16% YoY decline, while operating profit rose modestly to $101.1 million. Earnings per share increased to $0.32, prompting the company to lift its full‑year EPS outlook to $2.20‑$2.40, a 16% upside at...
Hertility CEO Helen O’Neill on Building a Foundational Model for Women’s Health
Hertility, a UK‑based women’s health startup, has created a diagnostic system that can identify endometriosis with 98‑99% confidence in just eight days, dramatically cutting the NHS’s average nine‑year diagnostic timeline. The platform combines AI‑driven data collection—capturing menstrual‑cycle information on the...
Hightower Sees Future With More 'Flagship' Firms
Hightower is accelerating its "Hightower 3.0" plan by fully acquiring The Bahnsen Group, turning it into the first flagship in a new franchise model. The move follows the rapid growth of its Signature Wealth channel, which now manages roughly $29 billion in...
Fiverr’s Stock Jumps 17% on Earnings, AI‑Driven Marketplace Shift
Fiverr International’s shares closed up 16.99% on Wednesday, spurred by a solid earnings beat and CEO Micha Kaufman’s bullish outlook on AI‑enhanced freelance work. The marketplace reported $105.5 million in revenue, a 1.6% YoY decline, but highlighted a shift toward higher‑value...
Starbucks CEO Brian Niccol Urges Price Discipline Amid China Sales Slump
Starbucks CEO Brian Niccol warned the company against discounting and stressed strict price discipline as the coffee chain grapples with a mid‑single‑digit decline in China comparable sales and rising labor costs. The stance comes as the firm posts flat U.S....
Zap Energy Appoints Zabrina Johal as CEO to Drive Integrated Fission‑Fusion Strategy
Zap Energy announced Zabrina Johal as its new chief executive, while co‑founder Benj Conway moves to president to focus on strategy. The leadership change underpins a unified nuclear platform that blends near‑term fission with long‑term fusion, aiming to accelerate commercial...