Target Allocates $5 Billion to Revamp Stores and Re‑Engage Parents
Target announced a $5 billion capital plan for 2026 to remodel existing stores and open new locations, with a focus on a premium Baby Boutique experience. The move follows a slip in 2025 sales and is intended to recapture price‑sensitive parents, leveraging technology and expanded payroll to lift the shopping experience.
Italian Government Moves to Oust Leonardo CEO Roberto Cingolani, Shares Plunge
The Italian government is set to dismiss Roberto Cingolani as chief executive of Leonardo, the nation’s largest defence contractor, after a turbulent turnaround. Leonardo’s stock fell the most in nearly eight months on the news, underscoring investor anxiety over the...
Anjuna Security’s 2021 Hiring Surge Triggers 2022 Layoffs, Founders Share Recovery Playbook
Anjuna Security expanded to roughly 75 employees in 2021 before slashing its headcount in two rounds of layoffs during 2022’s market slowdown. CEO Ayal Yogev says a culture built on “care” and a shift to demand‑driven hiring allowed the company...
Swiss Re’s Shareholders Elect Jean-Jacques Henchoz as New Board Member and Approve Dividend
Swiss Re’s shareholders approved former Hannover Re CEO Jean‑Jacques Henchoz as a new board member, confirming his term through the 2027 AGM. The same AGM saw the re‑election of all existing directors and the compensation committee. Shareholders also endorsed a higher...
Jensen Huang: 10 Lessons From the CEO Building the Most Important Company in History
In a two‑hour interview with Lex Fridman, NVIDIA founder Jensen Huang distilled ten strategic lessons, emphasizing that NVIDIA is a computing platform rather than a pure chip maker. He highlighted the risky but pivotal CUDA‑on‑GeForce bet that built an install...
CEOs Must Use Their Own Products to Spot Friction
Azure aside, every CEO should use his own products occasionally. You can endlessly debate product priorities, dollars and roadmap. But *feeling* how the product is full of friction brings instant clarity.
Defra’s Powell Takes Helm at British Meat Processors
John Powell, formerly head of Defra’s agricultural sectors team, will assume the chief executive role at the British Meat Processors Association (BMPA) on 13 April 2026, succeeding Nick Allen. Allen steps down after nine years at the helm, a period that saw...
Wacoal America CEO Retires
Mitchell Kauffman, CEO of Wacoal America, retired after a 40‑year career, staying on the board as an adviser. James Wheatley, who has been president since 2019 and previously worked at J.C. Penney and VF Corp., was appointed the new president and...
Reimagining Rail Growth
Rail traffic in the United States has been flat for over a decade, prompting Union Pacific to propose a merger with Norfolk Southern as a possible catalyst. Industry leaders argue that competition and service innovation, rather than consolidation, are the...
Sitrick Buys Back His Firm
Mike Sitrick has agreed to repurchase his strategic communications firm, Sitrick & Company, from Dallas‑based RGP for $43.4 million. The transaction, first announced on April 10, 2026, is slated to close within 45 days, restoring full operational control to Sitrick. RGP is using...
Amazon Laid Off 30,000 Workers While CEO Andy Jassy Got a 30% Pay Bump
Amazon announced it has eliminated roughly 30,400 positions since the start of 2025, representing about 10% of its white‑collar workforce. At the same time, CEO Andy Jassy’s total compensation for 2025 rose about 30% to $2.1 million, driven by higher travel...
Transformation: A Unified Stucki Offers Customers Stronger End-to-End Experience
A. Stucki Company has consolidated its diverse brands into a single Stucki identity, aiming to deliver a seamless end‑to‑end rail component experience. The strategy includes the recent acquisition of Wheelworx, one of North America’s largest wheel reconditioning shops, expanding capacity...
Air India at Critical Stage of Transformation: Tata Sons Chairman
Tata Sons Chairman N. Chandrasekaran told Air India staff that the carrier has entered a critical phase of its four‑year turnaround. The airline has added roughly 17,000 employees, merged four subsidiaries into two, modernized core systems and is expanding and refurbishing...
Bolt Lays Off Roughly 30% of Staff in AI Push
Bolt Financial announced it is cutting roughly 30% of its workforce, affecting fewer than 40 employees, as it pivots toward an AI‑centric operating model. CEO Ryan Breslow, who returned to the role in 2025, framed the move as essential to...
Applied Digital Posts 139% Revenue Jump to $126.6 M in Q3 2026 Earnings Call
Applied Digital Corp. announced total Q3 2026 revenue of $126.6 million, up 139% from the prior quarter, driven by a full‑quarter of lease revenue from its 100‑MW HPC facility. The company also highlighted $16 billion of contracted lease revenue and a $2.15 billion...
Arm CEO Rene Haas Takes Senior SoftBank Role as AI Bets Surge
Arm chief executive Rene Haas is set to assume a senior position at SoftBank Group International, overseeing much of the conglomerate's global AI strategy while retaining his role at Arm. The appointment aligns SoftBank’s $30 billion OpenAI stake and Project Izanagi...
Thai Randolph Launches NILE & Co., Acquiring BuzzFeed’s As/Is and Goodful Brands
Thai Randolph, former CEO of Kevin Hart’s Hartbeat, announced the launch of NILE & Co., a content and commerce platform for cultural creators. The new venture has already purchased BuzzFeed’s As/Is and Goodful brands, signaling an aggressive growth strategy for...
CEO Interview with Steve Kim of Chips&Media
Chips&Media CEO Steve Kim highlighted that the Seoul‑based multimedia IP firm powers more than 3 billion devices for over 150 top‑tier customers. The company’s portfolio now spans high‑efficiency 8K video codecs, AI‑focused image‑processing NPUs and advanced Frame Buffer Compression (FBC) technology....
Simply Good Foods CEO Sets Out Stall to Fix “Executional Challenges”
Simply Good Foods CEO Joe Scalzo, back on the helm since January, outlined a turnaround plan aimed at fixing the executional challenges that drove a Q2 loss and a full‑year outlook cut. He pledged renewed investment across the portfolio, pricing...
Turkish Airlines Overhauls Management, Suddenly Appoints New Chairman & CEO
Turkish Airlines announced a sudden overhaul of its top leadership, with Chairman Ahmet Bolat and CEO Bilal Ekşi retiring. CFO Murat Şeker steps into the chairman role while Chief Commercial Officer Ahmet Olmuştur becomes CEO. The reshuffle also moves Metin Gülşen...
Turkish Airlines Pivots to Finance?First Leadership
Turkish Airlines shareholders approved a sweeping leadership overhaul on Thursday, installing Chief Financial Officer Murat Seker as chairman and promoting Ahmet Olmustur to chief executive after Bilal Eksi’s departure. The board framed the change as a pivot toward financial sustainability amid rising post‑pandemic...
Dolce & Gabbana Co-Founder Quits as Chair of Fashion House
Stefano Gabbana, co‑founder of Dolce & Gabbana, announced his resignation as chair of the fashion house while remaining as creative director. The move comes after a series of brand controversies that have strained relationships with retailers and sparked consumer backlash....
It’s a 10 Haircare Taps Khloé Kardashian as Ambassador, Plots Packaging Rebrand, Book Release for 20th Anniversary
It’s a 10 Haircare, founded by Carolyn Aronson in 2006, is celebrating its 20th anniversary with $500 million in annual retail sales. The brand has appointed Khloé Kardashian as its first global ambassador and is launching a full packaging redesign that will...
Singapore’s Olam Group Reshuffles Executive Team
Singapore‑listed Olam Group announced a sweeping executive reshuffle at its April 27 AGM. Long‑time chairman Lim Ah Doo will step down after nine years, with deputy chairman Yap Chee Keong taking the chair, while co‑founder Sunny Verghese hands over the...
Most CEOs Think They Have Financial Leadership
Most CEOs believe they have financial leadership because the books are clean and reports arrive on time, but they often only have financial management. True financial leadership goes beyond accurate reporting to shape strategic decisions with real‑time insight. A 2024...
OMV Nominates BP Executive Emma Delaney as Next CEO
Austrian integrated oil and gas group OMV has nominated BP executive Emma Delaney as its next Chief Executive Officer, with the Supervisory Board slated to confirm the appointment. Delaney, who currently serves as Executive Vice President at BP, will assume...
CopperPoint Names Kellen Booher as President and CEO in Planned Leadership Transition
CopperPoint Mutual Insurance Holding Company announced Kellen Booher as its new President and Chief Executive Officer, succeeding retiring CEO Marc Schmittlein, who will remain Board Chair. Booher, who joined in 2025 as President and COO, previously held senior roles at...
New CEO, New Layoffs? What Disney’s Story Tells Us
Disney announced plans to eliminate roughly 1,000 positions, primarily within its marketing division, as the company continues to integrate its entertainment, sports and experiences units under a new chief marketing and brand officer. The cuts come just weeks after Josh...
Route 101 Founder: Trust Is Everything
Russell Attwood, founder and CEO of Route 101, announced a £265 million (≈$336 million) contract with the UK Department for Work and Pensions, marking a major public‑sector win for the customer‑engagement platform. In a Founder‑in‑Five interview, Attwood highlighted trust as the cornerstone of...
ITWeb TV: Microsoft SA CEO Talks SMME Development, Upskilling at Scale
Microsoft South Africa CEO Vukani Mngxati told ITWeb TV that building small, medium and micro‑enterprises (SMMEs) is the nation’s primary engine for growth and job creation. He highlighted Microsoft’s Black Economic Empowerment fund, which invests in and certifies young, women‑led,...
Guggenheim Names Melissa Chiu Director as Museum Faces Financial Strain and Abu Dhabi Controversy
The Solomon R. Guggenheim Museum announced that former Hirshhorn Museum director Melissa Chiu will take over as its new director on September 1. Chiu arrives after a 12‑year tenure that lifted fundraising by 75% and doubled attendance, but she inherits a...
In‑N‑Out CEO Rejects Delivery and East Coast Expansion, Citing Brand Integrity
In‑N‑Out Burger chief executive Lynsi Snyder‑Ellingson told a Pepperdine University audience that the chain will not launch mobile ordering, delivery or East Coast locations, arguing that such moves would erode the brand’s core experience. The stance underscores a leadership philosophy...
Dolce & Gabbana Says Co-Founder Stefano Gabbana Has Quit as Chair
Stefano Gabbana stepped down as chair of Dolce & Gabbana effective Jan 1, 2026, citing a natural evolution of the company’s governance. His brother Alfonso Dolce took over the chairmanship, while Gabbana considers selling his 40% ownership stake amid ongoing bank negotiations. The...
WPP Taps Estée Lauder’s Anne-Isabelle Choueiri as Chief Transformation Officer
Advertising giant WPP has hired Anne‑Isabelle Choueiri, formerly SVP of transformation at Estée Lauder, as its chief transformation officer. Reporting to CEO Cindy Rose, she will lead the execution of the three‑year “Elevate28” turnaround plan aimed at returning the company...
Fruit Group Capespan Names New CEO Amid Changes to Management
South Africa‑based fresh‑produce marketer Capespan has named long‑time commercial director André de Klerk as its new chief executive, effective immediately. He succeeds Charl du Bois, who stepped down after a tenure marked by strong growth. The reshuffle also sees CFO Jolanda van Heerden...
New Central Management for Selfridges, KaDeWe and Co
Central Group, the Thai conglomerate behind Selfridges, de Bijenkorf and KaDeWe, is overhauling its European leadership. The company has created a shared executive team for the region, appointing Pierluigi Cocchini as CEO of Europe. The new structure is designed to...
Host Broadcast Services CEO and COO to Step Down After 2026 FIFA World Cup
Host Broadcast Services (HBS), the production arm behind the 2026 FIFA World Cup, announced that CEO Dan Miodownik and COO Luc‑Antoine Charial will leave their roles on September 30, 2026. Both executives have led HBS since 2018, overseeing coverage of...
The Morning Briefing: MM Meets… Roman Regelman: ‘Scale Comes with Responsibility’
FNZ group president Roman Regelman, fresh from New York, outlined a multi‑pronged plan to steady the wealth‑management giant as it grapples with the responsibilities of rapid scale. Broadstone’s Sirius Index showed UK defined‑benefit pension schemes slipping below funding targets as Middle‑East...
Rubicom Agency Appoints Roy Nasrallah as Group CEO
Rubicom Agency, a Beirut‑Dubai based strategy and creative firm, has named Roy Nasrallah as its Group CEO. The move coincides with co‑founders Elie Ghanime and Nizar Gerges shifting to Chairman and Chief Growth Officer roles, respectively. Nasrallah brings more than...
Female Rugby CEOs on Breaking Barriers in Male-Dominated Industries
Senior rugby union CEOs Julia Chapman and Andrea Pinchen joined Investec’s Jane Niles to discuss the persistent barriers women face in UK corporate leadership. They highlighted the scarcity of female CEOs—only eight women in FTSE 100 firms and a decline in...
Amazon Bets $200 Billion on AI: Jassy’s Full Plan
Amazon CEO Andy Jassy announced a $200 billion capital‑expenditure plan for 2026, centered on AI infrastructure, custom silicon, satellite internet, and faster delivery. AWS AI revenue has hit a $15 billion annual run rate, propelled by contracts such as OpenAI’s $100 billion commitment....
MM Meets… Roman Regelman: ‘Scale Comes with Responsibility’
Roman Regelman, chief executive of a fast‑growing fintech platform, emphasizes that scaling a financial services business brings heightened responsibility. He argues that rapid user growth must be matched with stronger compliance frameworks, data‑security investments, and a continued focus on client...
Turkish Airlines Replaces Management, Names New CEO and Chairman
Turkish Airlines announced a sweeping management overhaul, naming Ahmet Olmustur as its new chief executive officer and Murat Seker as chairman of the board. Olmustur replaces retiring CEO Bilal Eksi, while Seker succeeds Ahmet Bolat, who stepped down. The changes come as the airline...
Turkey Overhauls Leadership at State Lenders Halkbank, Vakifbank
Turkey reshuffled the top ranks of two state‑owned banks, appointing new leadership at Halkbank and moving its outgoing chief executive to Vakifbank. Halkbank named Chairman Recep Suleyman Ozdil as chief executive officer and board member Meltem Taylan Aydin as chairwoman,...
Murky Waters? FIFA Betting Partner Adi Predictstreet Launch Suspended, Suspicions Grow over New CEO Appointment
FIFA announced Adi Predictstreet as its new prediction‑market partner, but the venture hit immediate turbulence. The firm appointed Dimitrios Psarrakis as CEO, a figure linked to the Qatargate scandal involving EU officials. Within 24 hours, investigative reporting tied the platform’s...
Realty Income’s Sumit Roy: ‘We Were Capital Constrained’
Realty Income, the $60 billion market‑cap net‑lease REIT, disclosed on The PERE Podcast that it has been "capital constrained" for years. To break that limitation, CEO Sumit Roy said the company will tap private fundraising sources rather than relying solely on...
Hindustan Unilever to Focus on Regaining Market Share: Global CEO Fernando Fernandez
Unilever’s global chief Fernando Fernandez told a Barclays fireside chat that Hindustan Unilever must focus on regaining market share lost to online rivals in India. He emphasized making the portfolio “future‑fit” and executing flawlessly, noting India accounts for roughly 16‑17%...
ONDC Appoints Vibhor Jain as MD & CEO
ONDC announced Vibhor Jain as its Managing Director and Chief Executive Officer, effective April 7, 2026. Jain, previously the Chief Operating Officer and acting CEO during a leadership transition, now assumes full‑time control of the government‑backed open commerce network. The appointment follows...
Oracle Plummets Under Male CEOs, Sexism Spikes
Oracle is down more than 50% since two men (jointly) took over Safra Catz’s CEO job. Sexism is up 500%? 5000%?
Corum Prepares Bold 2026 Collection Under New Swiss Ownership
Swiss watchmaker Corum is set to launch its most daring 2026 collection, showcasing eleven new Admiral references with cases reimagined by Emmanuel Gueit. The rollout follows a 2025 management buyout that placed founder Haso Mehmedovic at the helm, signaling a...