Q&A: Sergey Starkov, CEO, FCG OPS
Sergey Starkov, CEO of FCG OPS, outlined how the Latvian‑origin ground‑handling firm has grown into a global provider operating at more than 50 airports on three continents, driven by strategic acquisitions such as Astra Aviation and its proprietary ATOM platform. He emphasized the shift from organic growth to acquiring expertise, regional teams, and technology to meet complex operational and financial challenges. Starkov highlighted ATOM’s evolution into a real‑time tracking and AI‑enabled ERP system that underpins service reliability. The company’s next phase targets further acquisitions, geographic expansion, and deeper AI integration to cement its position as a premium, risk‑focused operator.
Andrea Pfeifer Ends 23-Year Reign at AC Immune; Acadia's Top R&D Exec Announces Retirement
AC Immune announced that its chief executive, Dr. Andrea Pfeifer, will retire at the upcoming annual general meeting, ending a 23‑year tenure. The board will launch a search for a new CEO, marking the first time the company has sought a...
Byron Allen’s $120 M Takeover of BuzzFeed Aims to Build a Global Free Streaming Service
Byron Allen is paying $20 million in cash and a $100 million promissory note to acquire a 52% stake in BuzzFeed, becoming its chairman and CEO. He plans to fuse BuzzFeed and HuffPost with his Local Now platform to launch a free, ad‑supported...
Andy Jassy Unveils $200 B AI Push to Power Amazon’s Ad and Commerce Platforms
Amazon CEO Andy Jassy announced a $200 billion AI spending plan, including $50 billion for OpenAI and a $13 billion stake in Anthropic, to embed generative AI across Amazon Advertising and its e‑commerce ecosystem. The move aims to give advertisers hyper‑personalized targeting while...
Prema Cognition Founder: Own Your Decisions
Julia Cooney, founder and CEO of Prema Cognition—a health‑tech startup developing early‑dementia detection—spoke to Founder‑in‑Five about leadership and fundraising. She argued that founders must own big decisions instead of over‑democratising, drawing on her shift from a clinical, consensus‑based mindset. Cooney...
Accounting for an Agentic Future at Xero - a Progress Report by CEO Sukhinder Cassidy
Xero reports that 2.6 million customers used at least one AI feature between April 2025 and March 2026, with generative‑AI users climbing to 513 k from 300 k in February. The company frames its next growth phase around "agentic AI," positioning its four‑layer platform—infra, data,...
Will the Exit of Rent the Runway’s Co-Founder Help or Hurt the Business?
Rent the Runway reported a strong fiscal‑year‑2025 fourth‑quarter, with revenue climbing 20% to $91.7 million and active subscribers rising 16% to 146,356. The rebound coincides with founder Jennifer Hyman’s unexpected resignation after 18 years, which sent the stock down 11%. Board member...
Foodstuffs South Island CEO Mary Devine to Step Down
Foodstuffs South Island (FSSI), New Zealand’s leading grocery cooperative, announced that CEO Mary Devine will step down at the end of 2026, concluding a five‑year tenure that began in November 2021. During her leadership, Devine drove a major technology overhaul,...
UK Fund Seeks Removal of Two Executives at Japan’s Wacom
A UK‑based activist fund, Asset Value Investors Ltd., has filed shareholder proposals demanding the dismissal of two senior executives at Japan’s pen‑tablet maker Wacom Co. The fund argues that recent strategic missteps and alleged misuse of corporate resources have eroded...
CEOs Push AI to the Forefront, Yet Transformation Success Remains Elusive
A BCG study shows that almost three‑quarters of CEOs worldwide now sit at the center of AI decision‑making and 90% are increasing AI investment. Despite this surge, only one in four growth transformations achieve their goals, highlighting a stark gap...
Baidu CEO Li Yanhong Unveils ‘Super‑Individual’ AI Era at Create2026
Baidu founder Li Yanhong told the Create2026 conference that AI agents are turning every person into a “super‑individual,” a productivity unit that pairs a human with a fleet of intelligent agents. He simultaneously launched DuMate, a mobile app that turns...
WSO2 Founder Sanjiva Weerawarana to Step Down as CEO, CRO Devaka Randeniya Named Acting Head
WSO2 said founder and chief executive Dr. Sanjiva Weerawarana will relinquish the CEO role in June 2026. The board appointed chief revenue officer Devaka Randeniya as acting CEO while it searches for a permanent replacement. The move raises questions about succession planning...
Sift Appoints Co‑Founder Austin Spiegel as CEO and Opens San Francisco Office
Sift announced that co‑founder Austin Spiegel will serve as chief executive officer while the company opens a new office in downtown San Francisco. The move expands its 80‑person team, adds senior hires from Meta, Anduril and other hardware leaders, and...
New Comcast CEO Declares Wireless Top Priority
"Wireless is 'our number one priority as we push forward,' says Steve Croney, the new CEO of Comcast's Connectivity & Platforms unit." via @thebauminator https://t.co/CBWH1QfuZm
Standard Chartered Bank Ghana Names Xorse Godzi CEO as Mansa Nettey Retires
Standard Chartered Bank Ghana announced Xorse Godzi as its new Chief Executive Officer and Managing Director, taking over from retiring veteran Mansa Nettey on June 11, 2026. The veteran banker brings two decades of group experience and will steer the...
Soros CEO 2026 Outlook: Oil, AI and Mega IPOs
Soros CEO Fitzpatrick warns that elevated oil prices from the Iran conflict could pressure the Fed, yet she sees room for two rate cuts in 2026 if the spike is brief. AI disruption is reshaping software valuations and prompting redemption...
0x Co-Founder Will Warren Steps Down as Co-CEO
Will Warren, co‑founder of the 0x decentralized exchange protocol, has stepped down as co‑CEO while remaining a major shareholder and board member. Amir Bandeali now assumes sole leadership of the protocol, which processes billions of dollars in monthly on‑chain trading...
Alibaba Cloud Needs 10x Its 2022 Compute Capacity, Says CEO Eddie Wu
Alibaba Cloud announced it will scale its data‑center capacity to ten times its 2022 level, driven by explosive AI demand. The Cloud Intelligence Group posted $6.035 billion in quarterly revenue, a 38% year‑on‑year increase, with AI services contributing about $1.3 billion. CEO...
Verizon CEO Dan Schulman Unveils 'Playing to Win' Strategy as Q1 Gains Reverse Subscriber Loss
Verizon CEO Dan Schulman announced the carrier added 55,000 postpaid phone subscribers in Q1 2026, reversing a prior quarterly loss, while outlining a "playing to win" strategy that blends network superiority with a renewed customer‑experience focus. The plan includes further...
Altman Defends OpenAI’s For‑Profit Shift in Trial, Sparking HR Debate
OpenAI CEO Sam Altman spent four hours on the stand in Oakland defending the company’s 2019 conversion to a for‑profit structure, arguing that Elon Musk never opposed the change. The testimony has ignited a broader discussion about how AI firms...
What Apple’s CEO Transition Got Right And Why Most Boards Overlook This Lesson
Apple’s orderly handoff from Tim Cook to John Ternus is being hailed as a model of CEO succession, but the smooth public announcement masks years of disciplined pipeline building, cultural oversight, and candid board‑CEO dialogue. The article argues that most...
David Lomelí Named General Director & CEO of the Dallas Opera
The Dallas Opera announced that David Lomelí will assume the role of Kern Wildenthal General Director and CEO on June 1, 2026, succeeding Ian Derrer. Lomelí brings a decade of senior artistic experience at Dallas Opera, plus recent leadership at Santa Fe Opera and...
Honda Gives up on All-EV Future: ‘Not Realistic’
Honda has scrapped its 2040 goal of selling only electric vehicles, citing weaker-than‑expected demand and a volatile business environment. CEO Toshihiro Mibe said a 100% EV lineup is "not realistic" and the company will instead focus on hybrids to meet...
Wacoal America’s New CEO on Running a Brand Worn by Many, Known by Few
Wacoal America, a long‑standing intimates maker, appointed James Wheatley as CEO in April and is now prioritizing brand awareness. The company plans to expand its small network of eight outlet‑mall stores, using them as a marketing platform rather than profit...
Honda CEO Tries To Distract From $5.7 Billion Annual Loss With Promise Of 15 New Hybrids And By Dropping 2040...
Honda posted a ¥414.3 bn ($2.59 bn) operating loss for FY2026, its first annual deficit since 1957, after a costly EV rollout. CEO Toshihiro Mibe announced the abandonment of the 2040 combustion‑free target and a new strategy to launch 15 hybrid models...
Opendoor's Volume‑First Strategy Boosts Sales Amid Stock Surge
Opendoor Technologies' stock has climbed 647% over the past year as the company pivots to a volume‑driven acquisition model. The new strategy, backed by AI‑enabled automation, has raised acquisition contracts to a 2022 high and narrowed its gross‑margin gap, though...
Nvidia CEO Jensen Huang Urges Graduates to Lead AI’s Industrial Era
At a rain‑soaked Carnegie Mellon commencement, Nvidia founder Jensen Huang told the Class of 2026 they are entering an unprecedented AI industrial era. He urged graduates to harness the technology responsibly, emphasizing its reach beyond software to every trade and...
Cisco Shares Surge 20% After FY26 Outlook Upgrade and AI‑Focused Restructuring
Cisco Systems lifted its fiscal 2026 outlook after reporting double‑digit revenue and earnings growth in Q3, sending the stock up about 20% in overnight trading. The tech giant also announced a restructuring that will cut fewer than 4,000 jobs, less...
Solaris Appoints Riccardo Cornetto as Italy’s General Manager, Alberto Fiore Moves to Commercial Head
Solaris Italy has named Riccardo Cornetto as its new Managing Director, succeeding long‑time leader Alberto Fiore, who will remain as Commercial Director. The change is framed as a continuity move within the subsidiary’s management team. Solaris aims to leverage Cornetto’s internal experience...
How Krispy Kreme Is Making Its US Operations More Profitable
Krispy Kreme’s turnaround is gaining traction, with adjusted EBITDA up 38% and revenue guidance lifted to $1.25‑$1.35 billion. The company is shifting to an asset‑light model through refranchising, including a $90 million deal that makes a joint‑venture partner a minority owner, while...
The 2025 Amazon Shareholder Letter Has a Key Signal. Most Leaders Will Miss It.
In Amazon’s 2025 shareholder letter, CEO Andy Jassy highlighted a 76‑day, six‑engineer rebuild of the Bedrock inference engine—dubbed Mantle—using Amazon’s internal AI coding agent. The rapid rewrite wasn’t driven solely by the tools; it stemmed from Amazon’s unique operating model...
CoAdvantage Appoints Jim Neve as Chairman and CEO, Brian Meharry as COO to Accelerate Next Phase of Growth
CoAdvantage announced Jim Neve as Chairman and CEO and Brian Meharry as COO, marking a leadership overhaul aimed at accelerating growth. Neve brings over three decades of sales and operations experience from ADP and FIS, while Meharry adds 35 years...
CGI Names Tim Hurlebaus President and CEO, Ending Boulanger Era
CGI announced Tim Hurlebaus as its new president, chief executive officer and board member, succeeding retiring founder François Boulanger. Hurlebaus, who has overseen CGI’s U.S., U.K. and Australian operations—nearly half of the firm’s revenue—will steer the company into an AI‑first...
Ben Horowitz - "Your ONLY Job Is Right Product, Right Time"
In this A16Z Speedrun talk, Ben Horowitz stresses that a founder’s sole responsibility is delivering the right product at the right time, and that everything else—hiring, fundraising, storytelling— serves that core goal. He argues that a clear, written "company story"...
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Motor Finance Fintech Rupyy Appoints Sumit Singla as New CEO
CarDekho Group has named Sumit Singla as chief executive of its motor‑finance fintech arm Rupyy, succeeding co‑founder Namit Jain. Singla, formerly operating chief at Innovatiview and a veteran of Mastercard and IndusInd Bank, takes the helm immediately. Rupyy, rebranded in...
Cisco to Cut ~4,000 Jobs in AI‑Focused Restructuring as Orders Surge
Cisco announced it will eliminate almost 4,000 jobs as part of an AI‑centric restructuring, citing $5.3 bn in hyperscaler AI infrastructure orders and a new full‑year revenue target of $62.8‑$63 bn. The move underscores a strategic shift toward silicon, optics and security...
WasteLinq Names Co‑Founder Sean Easton as New CEO to Accelerate AI‑Driven Waste Solutions
WasteLinq announced that co‑founder Sean Easton, formerly chief revenue officer, will take over as chief executive officer. Easton will steer the Houston‑based waste‑tech firm as it expands AI‑powered profiling, e‑Manifest and compliance workflows, building on 2025 milestones that include SOC 2...
Aperam Recycling Appoints New CEO for North America
Aperam Recycling has appointed Evan Dyal as the new CEO of its North American unit, succeeding long‑time leader Chris Niles who is stepping down after 25 years. Dyal, a nearly 20‑year veteran of the business, will lead the Pennsylvania‑based operations...
Pharma Leaders Hope Next FDA Head Calms Waters
PhRMA chief Steve Ubl urged the incoming FDA commissioner to restore certainty after a turbulent period marked by Marty Makary’s resignation and staff cuts. Executives from Bristol Myers Squibb and other majors echoed the need for a stable regulator to...
Lance Tucker Out as Jack in the Box CEO
Jack in the Box appointed board chair Mark King as interim CEO, replacing Lance Tucker who served less than a year. The fast‑food chain reported a 3.8% same‑store sales decline in Q2 2026, intensifying pressure from activist investors. King will...
Birkenstock CEO Oliver Reichert Says He’s Confident of the Future
Birkenstock reported Q2 2026 revenue up 7.7% to €618.3 million (≈$674 million) while net income slipped 22.1% to €81.9 million (≈$89 million). CEO Oliver Reichert said the brand remains confident despite Middle‑East conflict‑driven supply‑chain strains, higher energy costs and a temporary U.S. tariff exposure worth...
Starbucks Cuts 61 Tech Jobs as CEO Brian Niccol Accelerates Operational Reset
Starbucks announced the elimination of 61 technology positions at its Seattle headquarters, a move separate from its planned Nashville relocation. The cuts are part of CEO Brian Niccol's broader operational reset aimed at boosting service speed, customer satisfaction and profitability.
EXEC: Rapala VMC Posts 20 Percent Comp Exchange Growth in North America in Q1
Rapala VMC reported a solid start to 2026, posting 13% comparable‑exchange sales growth driven by new product launches and efficient supply‑chain execution. North America led the surge, with sales up 20% on a CE basis to €40.5 million (≈$44 million), while comparable...
People News From Virginia Port Authority, HDR and Koppers
Virginia Port Authority’s board unanimously appointed Sarah McCoy as its new CEO after she served as general counsel, chief administrative officer, and interim CEO. McCoy led the $1.4 billion Gateway Investment Program and renegotiated the Virginia International Gateway lease, positioning the port...
Rent the Runway Co-Founder Jennifer Hyman Steps Down as CEO
Rent the Runway co‑founder Jennifer Hyman announced she will step down as CEO, president, and board member after 18 years at the helm. Former Nordstrom chief merchant Teri Bariquit, who joined the RTR board in October 2025, will assume the role of...
Walmart to Cut or Relocate About 1,000 Corporate Jobs in CEO‑Led Restructuring
Walmart Inc. is eliminating or moving roughly 1,000 corporate roles after an internal review led by chief technology officer Suresh Kumar and AI executive Daniel Danker. The move, confirmed by a company spokesperson, is part of a broader effort by...
Baldock 'Set for Top Job at Boots' As Potential IPO Looms - Report
Alex Baldock, the outgoing CEO of Currys, is slated to become Boots’ chief executive later this year, according to a Sky News report. The appointment would place him in charge of Boots’ pharmacy, retail, optician and No7 cosmetics divisions across...
Condé Nast CEO: Plan As If Search Traffic Will Be Zero via @Sejournal, @MattGSouthern
Condé Nast CEO Roger Lynch told his teams to plan as if search traffic were zero after three consecutive years of declines that outpaced forecasts. He said search now accounts for only a single‑digit percentage of total visits, with AI‑driven SERPs...
CGI Corp. Makes Sudden CEO Change
CGI Corp. announced a sudden leadership change, appointing COO Tim Hurlebaus as president and CEO effective immediately while longtime executive Francois Boulanger retires after less than two years at the helm. Hurlebaus brings 21 years at CGI and responsibility for...
PagerDuty Appoints John DiLullo as CEO to Drive AI‑first Digital‑operations Growth
PagerDuty announced John DiLullo as its new chief executive officer, replacing founder‑CEO Jennifer Tejada, who moves to executive chair. DiLullo, a veteran of Deepwatch, LiveVox and Lastline, will steer the AI‑first Operations Cloud platform as the firm serves over 35,000...