EXEC: Lululemon’s Shares Slide as CEO Pick Gets Mixed Reviews
Lululemon’s stock plunged about 13% after the board announced former Nike executive Heidi O’Neill as its new CEO, with a start date of September 8 due to a non‑compete clause. O’Neill, who spent 27 years at Nike and most recently oversaw its global consumer, product and brand division, lacks prior public‑company CEO experience. The appointment follows pressure from activist Elliott Investment Management, which advocated for turnaround specialist Jane Nielsen, and ongoing scrutiny from founder Chip Wilson. Analysts are split, citing Nike’s recent performance woes and the delayed impact of O’Neill’s leadership.
Nvidia CEO Jensen Huang’s One‑Task Morning Boosts AI‑Era Productivity
Nvidia chief executive Jensen Huang says he begins every workday by tackling his highest‑priority task, a habit he says fuels his focus and the company’s rapid AI advances. The routine, detailed in a Times of India profile, underscores how disciplined...
Karen Thompson on Canada’s Critical Minerals Strategy, Processing Modernization, and Workforce Challenges – by Tamer Elbokl, PhD (Canadian Mining Journal...
Canada is moving its critical‑minerals agenda from announcements to on‑the‑ground execution, but success hinges on processing plants, equipment supply chains, and a skilled workforce. Karen Thompson, CEO of Haver & Boecker Niagara, warns that long permitting timelines and outdated processing infrastructure could...
Rivian Launches R2 SUV Production at Normal, Illinois Plant After Tornado
Rivian rolled the first customer‑ready R2 SUVs off its Normal, Illinois line on Wednesday, just days after an EF‑1 tornado ripped part of the plant’s roof. CEO RJ Scaringe said the damage won’t alter the company’s production roadmap, keeping the...
Xbox Names Asha Sharma CEO, Slashes Game Pass Price and Rethinks Exclusivity and AI
Microsoft appointed Asha Sharma as Xbox chief executive and immediately cut Game Pass Ultimate to $22.99 a month, down from $29.99. In a joint memo with content chief Matt Booty, Sharma announced a reevaluation of exclusivity windows and generative‑AI use,...
Santos Lifts Q1 Output, Keeps 2026 Outlook Steady Amid Rising Oil Prices
Australian oil producer Santos posted first‑quarter production of 22.5 mmboe, a 1% rise from the prior quarter and 3% above the same period in 2025. Sales reached $1.27 billion and free cash flow hit $383 million, while the company left its 2026 production...
PR Roundup: Benefits on the Chopping Block, Apple’s New Era and Health Information Overload
Zoom and Deloitte announced cuts to coveted benefits such as parental leave, PTO and IVF funding, sparking employee backlash and raising questions about talent retention. Apple revealed that Tim Cook will move to executive chairman while hardware chief John Ternus...
Bruno Reis Appointed President of Embratur as Brazil Strengthens Global Tourism Momentum
Brazil's tourism agency Embratur appointed Bruno Reis as its new president, succeeding Marcelo Freixo after a record‑breaking year for the sector. In 2025 Brazil attracted 9.3 million international visitors and generated about USD 7.9 billion in tourism revenue. Reis, a 20‑year Embratur veteran who started...
‘We Are Xbox’: New Leadership Further Pledges to Bring Brand Back to Its Previous Glory
Xbox announced a full rebrand, reverting from Microsoft Gaming to the original Xbox name under CEO Asha Sharma and Chief Content Officer Matt Booty. The leadership unveiled a ten‑point manifesto that stresses affordability, openness, and creator empowerment while positioning daily...
Apple’s Next Chapter, SpaceX and Cursor Strike a Deal, and Palantir’s Controversial Manifesto
Tim Cook announced his departure as Apple CEO, with longtime hardware leader John Ternus slated to take the helm on September 1. Apple’s next chapter will likely double‑down on its services ecosystem and a measured AI rollout rather than a costly,...
Xbox Confirms It’s ‘Reevaluating’ Exclusivity as It Shares Future Mission Statement
Microsoft’s newly appointed gaming chief, Asha Sharma, unveiled an Xbox mission that pivots around daily active players as the primary growth metric. The company will rebrand the Microsoft Gaming division back to Xbox and focus on four pillars: hardware, content,...
New Xbox CEO Is ‘Reevaluating’ Exclusive Games
Xbox’s newly appointed chief executive, Asha Sharma, told staff she and CCO Matt Booty are reevaluating the company’s exclusivity policy and AI initiatives. The memo follows a two‑year period in which flagship titles such as Sea of Thieves, Forza Horizon...
New Waves of Hospice Executives Take the Lead
A series of senior‑level appointments are reshaping hospice leadership across the United States. Becky Tooker becomes president of Hosparus Health, bringing 25 years of hospice and home‑health expertise. Bristol Hospice adds three regional executives—Valerie Meyer, Marriza Negrete and Jason Hill—to manage...
5 Daily CEO Behaviors That Decide Whether Your Firm’s Culture Survives
A Bloomberg investigation exposed co‑CEO Matt Kaplan’s abusive behavior, prompting a wave of executive self‑reflection as Google searches for culture improvement rose over 300%. Tony O’Sullivan, CEO of RETN, argues that culture hinges on CEOs’ daily choices rather than formal...
‘The only Regret I Have Is that I Didn’t Do It Sooner’: Vardhan Wealth CEO on Going RIA
Monish Verma left UBS in May 2021 to launch Vardhan Wealth Management, an independent RIA. Within four months the firm retained 95‑97 % of his former client base, expanding to 115 % after eight months and doubling assets to over $600 million. Vardhan partnered...
She Raised $2.5 Million From Friends and Family — And Saw Zero Sales. Then She Leaned Into a ‘Hunch.’ Now...
Mariam Naficy founded Minted in 2007, raising $2.5 million from friends and family. After an initial model of selling established stationery brands flopped, she allocated $100,000 to a crowdsourced design competition that quickly became the company’s core offering. The artist‑driven marketplace...
Parminder Singh Appointed CEO Of Reliance’s AI Subsidiary
Reliance Industries has named former Google executive Parminder Singh as chief executive officer of its AI arm, Reliance Enterprise Intelligence Ltd (REIL), effective immediately. The move follows a joint venture with Meta that injected roughly $103 million—$71.9 million from Reliance and $30.9 million...
The $2.8 Billion Email: What CEOs Get Wrong About BEC Fraud
Business Email Compromise (BEC) continues to drain U.S. companies of roughly $2.8 billion a year, according to the latest FBI Internet Crime Report. CEOs frequently attribute the threat to weak IT controls, overlooking the human element that attackers exploit. The article...
Tech Media Must Stop Uncritical CEO Quote Reporting
A recent New Yorker article put a spotlight on Sam Altman’s compulsive lying. It’s not a great look for tech media that echoed his statements. On Tech Won’t Save Us, I spoke with @kbode to discuss the problem of “CEO says...
CEOs in Their 60s Are New Norm With Companies Picking Older Bosses
Research from the National Bureau of Economic Research covering 50,500 U.S. CEOs shows the average CEO age has climbed to 61, a full decade older than in 2000, and the typical appointment age has risen to 55. The shift reflects...
Stifel CEO 'Not Comfortable' With AI Replacing Advisor Judgement
Stifel CEO Ron Kruszewski told investors that artificial intelligence can streamline routine tasks and surface tax‑saving ideas, but he remains uneasy about relying on AI for the judgment‑heavy decisions that advisors make. He highlighted that AI excels at mathematical analysis...
Fibox Appoints CEO for Its Enclosures Business
Finnish enclosure maker Fibox announced a new leadership structure to drive its next phase of international growth. Former Schneider Electric executive Markus Hettig has been appointed CEO of the enclosures business, while finance veteran Pasi Niittymäki becomes CFO and Wago...
Lockheed Martin CEO Sees Trump’s Pentagon as ‘Golden Opportunity’ for Growth
Lockheed Martin’s CEO Jim Taiclet called the Trump administration a “golden opportunity” during the Q1 2026 earnings call, citing new Pentagon contracts worth billions. The defense giant secured a $4.7 bn deal to accelerate Pac‑3 missile production and a $1.9 bn contract for...
When Board Meetings Become Routine, CEOs Lose A Strategic Advantage
CEOs often let quarterly board meetings devolve into a performance‑review checklist, sidelining forward‑looking discussion. The article argues that this routine approach erodes a critical strategic advantage and recommends three concrete shifts: set agenda time for AI‑related strategic questions, adopt a...
Q&A: Why Basso's CEO Is Still an Optimist
Basso Bikes CEO Alessandro Basso remains upbeat about 2026 despite a gloomy cycling market. Industry peers such as Canyon, Trek and Specialized have announced layoffs as excess COVID‑era inventory forces discounting. Basso, a family‑run brand with about 70 employees and...
CBRE Revenue Jumps 19% on Pivot to Data Center Services
CBRE reported first‑quarter 2026 revenue of $10.5 billion, up 19% year over year, driven by a 71% surge in critical infrastructure services and a tripling of data‑center leasing revenue after its Pearce Services acquisition. The Building Operations & Experience segment rose...
British Footwear Association Appoints New CEO
Ian Cartwright has been appointed chief executive officer of the British Footwear Association, succeeding Richard Shetliffe after a two‑year tenure. Cartwright joins from his role as chief operating officer at footwear brand Mahabis and is a long‑standing BFA member. Shetliffe...
AT&T Posts Fastest‑Ever Q1 Organic Growth, Targets $45B Shareholder Returns
AT&T announced its strongest first‑quarter results ever, posting the fastest year‑over‑year organic growth in its advanced connectivity segment and showing that nearly 45% of its home‑internet customers also subscribe to its wireless service. The telecom giant reaffirmed a $45 billion shareholder‑return...
Getlink Posts 15% Q1 Revenue Rise to €371M, Reaffirms Full-Year EBITDA Outlook
Getlink SE announced a 15% increase in first‑quarter revenue to €371 million ($405 million) and reiterated its full‑year EBITDA outlook for fiscal 2026. The lift was driven by higher Eurotunnel traffic and a resilient freight market despite volatile energy prices.
New Names and Faces: April 2026
April 2026 saw a wave of senior leadership changes across the U.S. construction sector. Facility Solutions Group promoted long‑time veteran Jason Zipprian to CEO, while Skanska USA Building transitioned its general counsel role to Stefani Bonato. Sims Crane & Equipment...
Hogan Lovells Cadwalader CEO Miguel Zaldivar on Orchestrating a $4 Billion Big Law Merger
In this episode, Hogan Lovells CEO Miguel Zaldivar walks host Patrick Smith through the unprecedented $4 billion merger with Cadwalader, Wickersham & Taft, detailing the transparent, partner‑centric process that secured a 99% approval vote. Zaldivar emphasizes his consensus‑building leadership style, extensive...
Tesla Capex Plans Balloon by Another $5 Billion
Tesla announced a $25 billion capital‑expenditure plan for 2026, about $5 billion higher than the late‑January outlook. The boost funds simultaneous expansion of battery factories, AI‑chip fabs, and production lines for its Optimus humanoid robot, targeting up to 10 million units annually from...
Businesses Must Move Beyond AI Hype to Real Value
At the ITWeb AI Summit, TransUnion Africa CEO Lee Naik warned South African firms that AI hype must give way to measurable outcomes, trusted governance, and scalable delivery. He labeled many pilot projects “zombie pilots” that drain budgets without ROI....
Herjit Bhalla Takes over as CEO of Dabur
Dabur India announced Herjit S. Bhalla as chief executive officer of its India business, effective April 23, 2026. He succeeds Mohit Malhotra, who has been promoted to whole‑time director and global CEO of the packaged‑goods maker. Bhalla joins from Hershey,...
Nike CEO Adds $1M in Stock, Boosting Holdings
NIKE CEO BUYS $1 MILLION MORE $NKE STOCK Nike CEO Elliott Hill just filed for his purchase of 23,660 more shares of $NKE stock at an average cost of $42.27 per share Hill now owns 265,247 shares of Nike stock which is...
Investors Reject $888M Zaslav Parachute; Board Still Pays
This just in. Warner Bros. Discovery investors cast votes representing 1.4 billion shares AGAINST David Zaslav's golden parachute, that could cost the company $888 million. The board has indicated it will pay him the money, regardless of the...
NACS CEO Frank Gleeson on the Next Phase of C-Store Growth
Frank Gleeson, newly appointed NACS president and CEO, says the convenience‑store sector is moving beyond its historic reliance on fuel and tobacco toward foodservice, fresh offerings and digital engagement. He describes the change as rapid evolution rather than disruption, with...
Tim Cook's Blueprint for Apple's Enterprise Success
How Tim Cook set up Apple’s enterprise play https://t.co/9TzT9vvko4 I shared my thoughts on Cook’s enterprise legacy with @CIODive this week.
Microsoft Revives Xbox Org, Drops Microsoft Gaming Division
scoop: Microsoft is bringing Xbox back and scrapping Microsoft Gaming. During an internal all-hands today, Microsoft's new Xbox CEO announced the return of the Xbox org and lots more. Full details 👇 https://t.co/3YouKgHh7i
LinkedIn’s New CEO Says the ‘Best Career Decisions’ He Ever Made Were About the People He Chose to Work With—Not...
Daniel Shapero, a 20‑year LinkedIn veteran, was appointed CEO, succeeding Ryan Roslansky. He credits his rise to mentorship and long‑term relationships rather than job‑hopping, emphasizing the people who shaped his skills. After growing LinkedIn’s recruiting revenue from $40 million to $1 billion, he...
Sale Driven by Mission Purity, Not Profit
Salient detail here: With the Star, Allbritton said, a sale isn’t the endgame. “I don’t need the damn money,” he said. “This time, let’s do it for the purity of the mission.”
Microsoft’s Executive Exodus Accelerates Early 2024
for my Notepad 📒 newsletter this week I'm digging into the wave of Microsoft executive departures in recent months. There's a lot of changes going on inside Microsoft, and the pace feels notable this early in the year. Live for...
Lululemon’s 12% Sell-Off
Lululemon’s stock plunged 12% after the board announced former Nike executive Heidi O’Neill as its next CEO. The appointment comes amid a brewing boardroom showdown with founder Chip Wilson, who has launched a rival technical‑apparel platform and is vying for...
Musk Could Acquire PayPal for $45B, Merge Into X
At $45 billion valuation - Elon Musk should just buy PayPal and integrate it into X (finally).
Lululemon Hires Ex‑Nike Exec to Revive Plummeting Brand
Lululemon named a former Nike exec as its new CEO to turnaround the company, which is down ~75% from a peak market cap of $65B in 2024. Despite the drawdown, Lululemon remains the only $15B+ company ever founded with a mission...
Palantir Published a Manifesto. Every S&P500 CEO Should Understand Why.
Palantir released a 22‑point manifesto that functions as a costly political signal, aligning the company with the current U.S. administration. The signal coincided with a near‑doubling of Palantir’s federal revenue in 2025, including a $10 billion Army contract and other agency...
BBOT Shakes up Leadership as RAS Competitors Get More Visibility
BridgeBio Oncology Therapeutics (BBOT) dismissed CEO Eli Wallace and promoted CSO Pedro Beltrán to chief executive as the board seeks faster progress on its RAS‑focused pipeline. Shares, already down 18% to $8.76, slipped further after the announcement. The board also...
Amex CEO Gushes over Next Gen
American Express posted its strongest quarterly growth in three years, with first‑quarter revenue of $18.9 billion, up 11%, and net income rising 15% to $2.97 billion. Spending by Gen Z cardholders surged 38% YoY and Millennials 13%, while older cohorts grew only modestly....
United Airlines CEO Says Passengers Will Have to Be Patient As He Rules Out Free Wi-Fi On Non-Starlink Planes
United Airlines CEO Scott Kirby confirmed that free in‑flight Wi‑Fi will remain exclusive to aircraft equipped with Starlink, dismissing plans to extend it to the rest of the fleet. United has already installed Starlink on regional jets and is rapidly...
REIT Leadership Expectations Shifting Amid More Complex Environment: Ferguson Partners
Ferguson Partners’ Courtney Calinog and Mike Cordingley told the REIT Report podcast that REIT CEOs must now supplement technical expertise with people‑centered capabilities. Self‑awareness, clear communication and trust‑building are seen as essential in a capital‑constrained, volatile market. CEOs are expected to...