Hillhouse‑Backed Ascentium Acquires Dezan Shira to Ride $174 Billion China Outbound Surge
Ascentium, the Hillhouse‑backed business‑services platform, announced the acquisition of Dezan Shira & Associates, adding offices in Guangzhou and Tianjin and doubling its Vietnam footprint. The deal positions Ascentium to capture China’s $174 billion outbound investment surge and the growing demand from Chinese firms entering emerging markets.
CEO Delivers Unprecedented Shareholder Gains—Will It Last?
The job of a CEO is to make money for shareholders. And no CEO in American history has made shareholders this much money this fast. Do you think all that winning continues? Or was that it? https://t.co/oYgNcqhhnp
Toei Company Launches Toei Games to Build Original Video Game IPs
Toei Company has created a new gaming division, Toei Games, which will develop and publish original video game IPs. The publisher will debut its first PC title on Steam and reveal details on April 24, 2026, marking the entertainment giant’s...
Nestlé CEO Navratil Unveils 5‑Point Turnaround, Cuts 16,000 Jobs
Nestlé’s newly appointed chief executive, Phillipp Navratil, rolled out a five‑point turnaround plan that will eliminate roughly 16,000 positions – about 6% of the workforce – and concentrate the business on four core divisions. The move aims to deliver faster...
Cooking Apple
Since becoming CEO in August 2011, Tim Cook has driven Apple’s stock to rise over twentyfold, delivering more than 20% average annual return. Under his leadership Apple hit a $1 trillion market cap in 2018 and now exceeds $4 trillion, while the...
ServiceNow Posts $3.67 B Q1 Subscription Revenue, 22% YoY Growth
ServiceNow announced first‑quarter 2026 subscription revenue of $3.671 billion, a 22% year‑over‑year increase that topped the high end of its guidance. The company also highlighted a surge in large contracts, a $12.64 billion cRPO balance and the early close of its Armis...
Trump Media Replaces Nunes as Truth Social CEO After Stock Plunge that Wiped Out Billions
Trump Media & Technology announced that former congressman Devin Nunes is stepping down as CEO of Truth Social, with digital‑media veteran Kevin McGurn taking over on an interim basis. The change follows a 67% plunge in the company’s stock that erased...
The Pace of Workplace Change Isn’t the Problem—Leadership Is
The Qualtrics 2026 Employee Experience report finds 72% of workers feeling significant change, while the World Economic Forum predicts 39% of core skills will be obsolete by 2030. CEOs are urged to shift from managing isolated initiatives to leading continuous...
Raymond James Pays Big for Recruiting, Sees Upswing in Net New Assets
Raymond James reported a 160% year‑over‑year surge in net new assets to $23 billion in the second quarter of 2026, driven by hiring advisors who brought $21 billion in client assets. The Private Client Group’s revenue rose 13% to $2.81 billion, but recruiting...
Elon Musk Admits Millions of Tesla Owners Need Upgrades for True ‘Full Self-Driving’
Elon Musk announced that Tesla’s current Hardware 3 vehicles will require a new computer and upgraded cameras to run future Full Self‑Driving (FSD) software that operates without driver supervision. The upgrade could be costly and logistically complex, prompting Tesla to consider...
Ethiopian Airlines Is Plotting a 100-Jet Fleet Expansion Even as It Weathers Oil Shock
Ethiopian Airlines is preparing to order more than 100 new jets, targeting a fleet size roughly double its current level by 2040. Deliveries are slated to begin after 2032, with the next order wave expected within the next two years....
Tim Cook Admits Maps Flop, Celebrates Apple Watch Triumph
NEW: As his tenure as CEO winds down, Tim Cook shared with employees his biggest mistake and proudest moment in the role over the past 15 years. Here’s what he said — https://www.bloomberg.com/news/articles/2026-04-22/tim-cook-regrets-maps-flub-sees-apple-watch-as-his-proudest-work?srnd=undefined
Lululemon Names Former Nike Executive O’Neill Its Next CEO
Lululemon Athletica announced Heidi O’Neill, former Nike president of consumer, product and brand, will become its permanent chief executive on September 8. The appointment follows a turbulent year marked by a 21% drop in the stock and product missteps such as...
Ford CEO: Tesla Is No Longer The EV Benchmark
Ford CEO Jim Farley announced that Tesla is no longer the benchmark for electric vehicles, pointing to the lack of a recent model refresh. Instead, Ford will gauge its EV progress against Chinese rivals BYD and Xiaomi, which he says...
CEO Interview: Alex.com
Alex AI, an enterprise‑focused AI recruiting platform, announced it has raised more than $20 million in the past year from investors such as Y Combinator and PXV. The company claims its technology is trusted by major employers, including the Big 4 accounting firms...
Best Buy Appoints Jason Bonfig as CEO, Eyes AI‑driven Sales Lift
Best Buy said Jason Bonfig, its chief customer, product and fulfillment officer, will replace Corie Barry as chief executive on Oct. 31. The transition comes as the retailer seeks to revive stagnant sales, leverage AI‑enabled devices and expand its third‑party...
Autonomous Media Advertising Firm Selects a Leader
Basis, the AI‑driven autonomous advertising platform, has appointed Christian Hendricks as its new President. Hendricks, a board member since 2021, brings more than two decades of digital media leadership from McClatchy and the Local Media Consortium, as well as consulting...
Exclusive: The US Orchestra that Said, No
The Seattle Symphony was poised to announce a new CEO when music director Xian Zhang and 80 musicians sent a letter rejecting the board’s preferred candidate. Citing undisclosed concerns, the musicians forced the board to abandon the selection and restart...
ADB President Masato Kanda Seeks 5-Year Reelection
Asian Development Bank President Masato Kanda announced his bid for a second five‑year term, which will be decided by the Board of Governors after his current mandate ends in November 2026. Under his leadership, ADB committed $29.3 billion of its own...
Xbox Isn't Ditching Mobile Games, Says New CEO
Microsoft appointed Asha Sharma as Xbox CEO, promptly retiring the "This is an Xbox" campaign. Sharma clarified that the previously hinted Xbox mobile games store is still in development, underscoring a more open, cross‑platform vision. The move follows a recent...
Microsoft's LinkedIn Names Longtime Exec Dan Shapero Its New CEO
Microsoft announced that longtime LinkedIn executive Dan Shapero will assume the role of CEO of the professional network, reporting to current CEO Ryan Roslansky, who will remain an executive vice president at Microsoft. The transition is effective immediately and follows...
Spotlight Series: Taylor Hospitality
Taylor Hospitality, a Virginia‑based operator, showcased its nationwide portfolio of hotels, restaurants, event centers, and golf & country clubs in a new Spotlight Series interview. CEO Sean Taylor explained how the company differentiates itself through an asset‑light management model and...
Trump Media CEO’s Exit Caps a 90% Drop as MAGA Stocks Stumble
Trump Media & Technology Group (DJT) saw its share price plunge about 90% from its 2023 high as founder‑linked CEO Devin Nunes announced his resignation. Nunes, a former congressman who steered the company since 2021, left amid stagnant user growth...
Nvidia CEO Says AI Will Be a Permanent Micromanaging Boss Who Never Stops Nagging You
Nvidia CEO Jensen Huang told a Stanford panel that AI will act like a relentless, micromanaging boss, constantly nudging employees but dramatically raising productivity. He argued that this surge in efficiency will ultimately create more jobs than it eliminates, countering...
Warren Buffett, 95, Still Drives Berkshire as New CEO Takes the Helm
Warren Buffett, 95, continues to make investment calls at Berkshire Hathaway, authorizing a small new purchase even as the company posts a record $373 billion cash pile. New CEO Greg Abel, who assumed the role on Jan. 1, 2026, is reshaping the...
Blackbaud Q2 2025 Beats Forecast, Citing Strong Nonprofit and Education Software Growth
Blackbaud reported $281 million in organic revenue for Q2 2025, a 6.8% year‑over‑year increase, propelled by higher transaction‑solution sales and expanding AI‑driven features for nonprofits and schools. The company lifted full‑year guidance and highlighted a 40% larger contract‑renewal cohort, underscoring momentum in...
Revolut Spent Zero on Marketing in Beginning, CEO Says
Revolut’s CEO Nik Storonsky revealed the fintech grew its first five‑to‑seven years without spending a single dollar on marketing, relying entirely on word‑of‑mouth referrals. The company, now valued in the billions, is focused on securing a U.S. banking licence, a...
Halliburton CEO Forecasts Early‑Stage Oil Rebound and Near‑Term Drilling Ramp‑Up
Halliburton chief executive Jeff Miller told investors the oil market is in its “early innings,” pointing to a 22% year‑over‑year jump in Latin America revenue and a near‑full booking slate through Q2. The outlook suggests a U.S. drilling ramp‑up as...
Bank OZK Q1 Profit Falls 5% and Misses Earnings Estimate
Bank OZK reported a first‑quarter profit of $159.3 million, a 5.1% decline from a year earlier and below analysts' $1.46 per‑share earnings forecast. The Arkansas‑based regional bank raised its quarterly dividend to 47 cents per share, marking the 63rd consecutive increase.
DirectorMoves – Board & C-Suite Openings
The DirectorMoves newsletter (Issue 1657, April 22 2026) spotlights board and C‑suite openings, focusing on companies with directors over age 70 and those lacking at least 30% gender diversity. The publication flags these boards as having heightened succession risk and governance gaps. By cataloguing...
Aave Prioritizes Users, Seeks Strong Resolution After $70M Recovery
The past few days have been intense, but I wanted to give some updates as we continue to work on this. Our priority is our users, and every decision we are making is aimed at an orderly return to normal...
Musk Announces Intel 14A Chip, Raises Major Questions
Musk saying they will use Intel’s 14A process is big news but so many questions…
Energy, Intelligence and Social Impact to Drive CV Sector Transformation: Ashok Leyland MD & CEO
Ashok Leyland MD & CEO Shenu Agarwal told the CII Commercial Vehicle Summit that the commercial‑vehicle (CV) sector will be reshaped by three forces – energy, intelligence and social impact – as India eyes 2047. He called for a multi‑fuel strategy...
Hastings' Board Exit May Signal Confidence in Netflix
Does Reed Hastings stepping down from Netflix board signal confidence? $NFLX The LightShed Podcast, Ep. 310. With @BrandoLightShed and @WaltLightShed https://t.co/pD4lVXS0q3
New Apple CEO Could Redefine Tech Industry Landscape
.@Apple enters a new era https://t.co/POebJ4cJxy What will a new CEO at Apple mean for the tech firm and the future of the industry? @LizKMiller, VP & Principal Analyst at @ConstellationR, weighs in. @cgtnamerica
Jeni's Splendid Ice Creams Names Former Ben & Jerry's Exec as New CEO
Jeni’s Splendid Ice Creams announced David Stever, the former CEO and CMO of Ben & Jerry’s, as its new chief executive officer. Stever brings more than 25 years of consumer‑packaged‑goods leadership, having overseen Ben & Jerry’s transformative growth and global...
Innovation Thrives on Saying No, Not Adding More
Apple wasn’t saved by adding more. It was saved by cutting almost everything. In 1997, Steve Jobs reduced dozens of products to just four. The focus created clarity. Innovation isn’t adding more options. It’s deciding what to say no to....
Lululemon Appoints Former Nike Exec as CEO
SCOOP: Lululemon has found its next CEO. Former Nike executive Heidi O'Neill is set to take over in September. $LULU https://t.co/tDZFUF1EOU
Industry Pressed over Level 4 Progress
At FutureNet World in London, Infovista CEO Rick Hamilton warned that entrenched information silos and unclear operator goals are stalling progress toward Level 4 network automation, the TM Forum’s most advanced self‑optimising stage. He argued the telecom sector must sharpen focus...
US Travel Remains Strong; International Airlines Pose Biggest Threat
Two takeaways from this interview w/United’s Kirby: 1) the US economy is surprisingly strong & higher prices aren’t deterring travelers; 2) he views the big competition as international airlines, not domestic ones when considering potential acquisitions https://t.co/TbARpnEJzJ
Apple’s Leadership Shuffle Hints Craig F’s Uncertain Future
The only question is will Craig F stay, now that he lost the ceo sweepstakes,
Tech Mahindra Q4 Results: Headcount Falls by 1,993 as IT Giant Pushes for AI-Driven Efficiency
Tech Mahindra reported a quarterly headcount decline of 1,993, bringing its workforce to 147,623, as it accelerates an AI‑led transformation. The Indian IT services firm posted a 19% YoY profit increase to ₹1,356 crore (≈ $163 million) and a 48.3% YoY jump in...
Boeing CEO Says 'All Systems Are Go' To Increase 737 Production as Company Narrows Loss
Boeing announced it will increase 737 Max production to 47 aircraft per month, up from 42, as part of a broader effort to improve profitability. The company reported a first‑quarter loss of $7 million, far better than analysts’ expectations, and revenue of...
Digney York Associates, EIS Hospitality Now Under Shared Structure
Digney Holding Inc., the Delaware parent of Digney York Associates, has incorporated EIS Hospitality into a shared corporate structure. Tom Kelley, who has overseen both businesses, was named CEO/president of Digney Holding, tasked with long‑term growth and disciplined capital stewardship....
Julius Caesar Would Cut Your Product Line ⚔️
The post likens modern CEOs to Julius Caesar, arguing that spreading resources across ten product lines, seven initiatives and five experiments dilutes strategic force. Caesar’s victories came from concentrating legions where they mattered, and the author suggests startups should adopt the...
Will New Apple CEO Combat Fake Crypto Apps Littering the “Walled Garden” App Store?
Apple announced that senior hardware VP John Ternus will replace Tim Cook as CEO by Sept. 1, 2026, as Cook moves to executive chairman. The transition arrives amid heightened scrutiny of the App Store’s security after Kaspersky uncovered 26 fraudulent crypto‑wallet...
Best Buy CEO Corie Barry to Step Down in October
Best Buy announced that its first female chief executive, Corie Barry, will step down on October 31, with veteran Jason Bonfig slated to succeed her. Barry, who has led the retailer for seven years, will remain as a strategic advisor for...
Finnair Flags Middle East Conflict as Jet‑Fuel Risk, CEO Says Company Is Preparing for Scenarios
Finnair CEO Turkka Kuusisto warned that a prolonged Middle East war threatens jet‑fuel availability and said the airline is preparing for multiple scenarios. The alert comes as the carrier posted first‑quarter sales in line with analyst expectations, underscoring the financial...
Tim Cook Is Exceptional at This Leadership Skill. I Saw It when I Interviewed at Apple 16 Years Ago—And Still...
Apple CEO Tim Cook will step down on Sept. 1 after 15 years, sparking retrospectives on his operational mastery. Beyond supply‑chain expertise, Cook is lauded for his exceptional listening skill, using prolonged silences to coax candid employee input. The piece contrasts...
Organised Gold Recycling Can Curb Imports, Boost Economic Stability: Muthoot Exim CEO
India imports roughly 99% of its gold, amounting to about 630 tonnes and $58.8 billion in 2025. Muthoot Exim CEO Keyur Shah argues that organized gold recycling can turn idle household jewellery into a domestic supply, easing the current‑account deficit and environmental...