VPA Veteran McCoy Tapped as CEO of Port of Virginia
Sarah McCoy, a 12‑year veteran of the Virginia Port Authority, has been appointed CEO of the Port of Virginia, the sixth‑largest U.S. container port by volume. She previously served as interim CEO and executive director since January, succeeding Stephen Edwards who left in November. McCoy is known for steering the renegotiation of the lease at one of the nation’s most advanced marine terminals. Her leadership is expected to leverage existing infrastructure and talent to strengthen American trade.
FanDuel to Give Exiting CEO Amy Howe $4.37M Severance
FanDuel’s parent Flutter announced the termination of CEO Amy Howe, awarding her a $4.37 million severance package—more than four times her base salary. Howe, who led FanDuel since 2021, will also receive vested stock options and a year of health coverage....
Why the AI-Workforce Dilemma Looks Different for Health System CEOs
CEOs are split between cutting jobs or using AI to make existing staff do more, with no near‑term hiring plans. While tech firms like Coinbase are slashing headcount, many health system leaders are choosing the opposite path, leveraging AI to...
Civilization 7 Made Too Many Big Changes, Take-Two CEO Reflects
Take‑Two Interactive’s latest flagship, Civilization 7, has struggled to meet player expectations in its first 15 months, lagging behind both Civilization 5 and Civilization 6 in concurrent Steam users. The game’s ambitious redesign—new victory conditions and a single‑civ campaign mode—received mixed reviews and...
FanDuel CEO Pushed Out After Five Years Amid Stock Slump
Amy Howe, who led FanDuel’s sportsbook since 2021, was removed after five years and will be succeeded by president Christian Genetski, though the permanence of the appointment remains unclear. The change was announced just before Flutter Entertainment’s first‑quarter earnings call,...
Victory+ CEO Neil Gruninger on the Impact of the Dallas Cowboys Deal, Creator-Led Content, and Free In-Market Access for Fans
Victory+ has secured a multi‑year partnership making it the first third‑party streaming home for Dallas Cowboys original programming. The free, ad‑supported platform will deliver live and on‑demand content, from draft coverage to weekly press conferences, to fans in North Texas...
Take-Two CEO Admits Civilization VII Changes Went Too Far; “We Got It Wrong”
Take‑Two Interactive’s CEO Strauss Zelnick admitted that Civilization VII’s new mechanic—forcing players to switch civilizations each Age—missed the mark with longtime fans. While critics gave the game a generally positive review, player sentiment on platforms like Steam was mixed, leading...
Onsemi Q1 2026 Revenue $1.513 Billion, Core Metrics Beat Expectations
onsemi reported Q1 2026 revenue of $1.513 billion, topping the midpoint of its guidance, with GAAP and non‑GAAP gross margins steady at 38.5%. GAAP operating margin fell to 3.5% while non‑GAAP margin held at 19.1%, and diluted EPS was $0.08 GAAP...
Q&A: Focus's Travis Danysh on the Shift From Deal Volume to Scale
Focus Financial Partners, acquired by Clayton, Dubilier & Rice in 2023, is consolidating its 90 independent RIA subsidiaries into a handful of large Focus Partners. Over 60% of the firm’s earnings now stem from these consolidated entities, with roughly 40 firms...
Anthropic CEO Predicts SaaS Pivot as AI Coding Surges
Anthropic CEO Dario Amodei warned that AI‑driven coding agents are slashing software development costs, forcing SaaS providers to develop new moats beyond code complexity. He cautioned that incumbents without differentiated assets could see market value evaporate or even go bankrupt....
GameStop CEO Is Selling Halo Statues, Rare Games, and More to “Pay for eBay”
GameStop CEO Ryan Cohen is auctioning his personal collection of gaming memorabilia on eBay to help fund a non‑binding $55.5 billion proposal to acquire eBay at $125 per share. The auction features high‑value items such as GameStop store signs, a Halo 2...
Prophix CEO Cautions Against Building an AI ‘Faster Horse’
Prophix CEO Alok Ajmera warned against merely speeding up existing finance tools, likening AI development to building a faster horse instead of a car. He highlighted continuous budgeting as the AI‑driven breakthrough the CFO office has chased for two decades....
LifeScan Announces Appointment of Jonathan Salkin as Chief Executive Officer
LifeScan, a leading blood‑glucose monitoring company, announced Jonathan Salkin as its new chief executive officer, effective immediately. Salkin succeeds co‑interim CEOs Michael Hooks and James Rushing, who will remain chairman of the board and CFO/executive vice president, respectively. The appointment...
CNN Has a New Suitor Who Wants to Buy It
Veteran media mogul Barry Diller told attendees at the WSJ Future of Everything Festival that he would purchase CNN "right now" if the chance arose. He highlighted the network’s strong brand but warned that its current trajectory risks losing relevance...
UBS CEO Ermotti Sees Acquisition as an Option for US Growth
UBS CEO Sergio Ermotti said the bank cannot rule out an acquisition as a path to grow its U.S. wealth business. The firm recently recorded $5.3 bn of client inflows in the first quarter, reversing three quarters of outflows, and secured...
BioShock, Game Prices, GTA, the Disappearing NFL Deal and More: An Interview with Take Two CEO Strauss Zelnick
In a rare interview, Take‑Two Interactive chairman Strauss Zelnick addressed a wide‑ranging set of topics, from the current status of the BioShock franchise to the escalating costs of game development. He confirmed that the company’s multi‑game licensing agreement with the...
Claude Sarrailh, CEO of Ahold Delhaize Europe & Indonesia, to Depart
Ahold Delhaize announced that Claude Sarrailh, CEO of its Europe & Indonesia division, will depart to become chief executive of Italian retailer Esselunga, with a six‑month notice period. Sarrailh, who joined Ahold Delhaize in 2024 from Metro, has been credited...
DRAM Drought to Dog AMD's Chips This Year
AMD warned that PC CPU shipments will dip in the second half of 2026 as a DRAM shortage drives memory prices up four‑fold. The chipmaker still expects its Client segment to post year‑over‑year revenue growth, buoyed by Ryzen adoption and...
Climate Data Firm Risilience Elevates Former S&P, Moody’s Exec to CEO
Risilience, the UK‑based climate and nature data firm, announced that Chief Product Officer Angela Brown will succeed founder Andrew Coburn as CEO, while Coburn moves to the chairmanship. Brown brings a decade of product leadership from S&P Global and Moody’s,...
Atlassian Team '26 – Why Context, Not 'Just AI', Is the Bet Behind Rovo, the Teamwork Graph and Dia
Atlassian’s Team ’26 keynote emphasized “context” as the core of its AI strategy, built on the company’s long‑standing Teamwork Graph that unifies data from Jira, Confluence and other tools. The rollout includes a free Teamwork Graph CLI for developers, the...
Atlassian Billionaire Boss, Now Solo, Faces His Biggest Test Yet
Mike Cannon‑Brookes, now the sole leader of Atlassian after co‑founder Scott Farquhar stepped back, confronts the company’s steepest challenge yet. Over the past 12 months Atlassian’s shares have tumbled 70% to US$57 as investors fear AI‑generated alternatives could erode demand...
Novo Nordisk CEO Says the Drugmaker Is More Active than Ever in Seeking Out Deals
Novo Nordisk CEO Mike Doustdar told CNBC the company is more active than ever in pursuing acquisitions to broaden its obesity‑drug pipeline. He highlighted upcoming candidates CagriSema and zenagamtide, asserting the pipeline is among the best in the industry. The...
PayPal Is Slashing 20% of Its Workforce as New CEO Unveils Turnaround Plan
PayPal announced a restructuring that will eliminate roughly 20% of its workforce, about 4,760 jobs, over the next two to three years. The cuts are part of a $1.5 billion run‑rate savings program unveiled by new CEO Alex Lores, who took...
Despite Enthusiasm over Its ChatGPT Tie-Up, Criteo’s Shares Slide on Downgraded Revenue Forecast
Criteo announced a partnership with OpenAI that generated excitement, but its Q1 results fell short of expectations, prompting a share‑price decline. Revenue dropped 6% year‑on‑year to $425 million, with retail‑media revenue plunging 31% to $41.3 million. The company cut its 2026 revenue...
The CEO Behind Grand Theft Auto VI Doesn’t Play Video Games, but Analysts Say He Has Put $1.5 Billion Behind...
Take‑Two Interactive’s CEO Strauss Zelnick, who doesn’t play video games, has steered the company’s share price up 1,600% to $216 and boosted net revenue to $5.6 billion in 2025. Under his leadership, the firm is gearing up for the release of...
Fiserv Moves Through ‘Transition Year’
Fiserv announced a wave of senior hires, including a COO for merchant solutions and a CRO for its Clover POS unit, as part of a “transition year” aimed at reversing low single‑digit revenue growth. The company also closed two offices,...
The Scoop: GameStop CEO Wants to Buy eBay. He Just Couldn’t Explain How on CNBC.
GameStop CEO Ryan Cohen announced a $56 billion bid to acquire eBay, describing the deal as half cash and half stock. During a live CNBC interview he could not detail how the roughly $16 billion financing gap would be covered, repeatedly deflecting...
Nuclear Reaches 41% of TVA’s Power Supply
The Tennessee Valley Authority’s nuclear fleet provided 41% of its power in the first half of fiscal 2026, up from 31% a year earlier. Nuclear generation produced 33,772 GWh, while net income rose to $658 million, a 23% increase. Interim CEO Mike...
Industry Veteran Mike Guarino Named CEO of EVERSANA INTOUCH
EVERSANA announced that industry veteran Mike Guarino will serve as CEO of its global health agency, EVERSANA INTOUCH. Guarino, formerly chief commercial officer at IPG Health and a longtime strategist at FCB Health, will steer strategy, operations and AI‑driven marketing...
Integra Reappoints Stuart Essig as CEO
Integra LifeSciences announced the reappointment of former chief executive Stuart Essig, ending the brief tenure of Mojdeh Poul. Essig returns after a 14‑year gap and will be supported by newly created chief commercial officer Michael McBreen. The leadership team says...
Ahold Delhaize President and CEO Frans Muller to Retire
Ahold Delhaize announced that President and CEO Frans Muller will retire in 2027, with Thierry Garnier, currently Kingfisher’s chief executive, slated to take over around the April 2027 shareholders’ meeting. Garnier, a former Carrefour executive and non‑executive director at Tesco, brings two decades...
The Strategy Trap: Why Your Best Plan Is Failing to Launch
Most SMEs craft detailed strategies and secure board and investor buy‑in, yet months later progress remains sluggish. The article argues the failure lies not in the plan itself but in the post‑approval phase where focus erodes, dashboards become overloaded, and...
Priyavrata Mafatlal Appointed as CEO of Mafatlal Industries
Mafatlal Industries Limited appointed Priyavrata Mafatlal as chief executive officer effective June 1, 2026, while he continues as managing director. The textile maker posted a total income of Rs 2,845.3 crore (≈$299 million) in FY 2024‑25, a 33% jump from the prior year. The change follows...
Orior Names Ex-Migros Exec New CEO
Swiss food‑and‑drinks group Orior announced that Dr. Peter Müller, a former Migros executive who led the Mibelle carve‑out and sale, will become CEO on 1 September, succeeding Monika Friedli‑Walser. Müller brings extensive experience in transformation, restructuring and cross‑border M&A, aligning with...
Xcel Energy: Google Deal Sets Template for Large Load Tariff Strategy
Xcel Energy’s pending deal with Google for a near‑1 GW data center in Minnesota will serve as a template for large‑load tariffs in Colorado, Texas, New Mexico and Wisconsin. Under the agreement, Google funds all infrastructure, and Xcel is filing similar tariffs...
Yoco Brings in External CEO From European Fintech Sector
South African payments fintech Yoco announced that Carsten Höltkemeyer will become its chief executive on 1 June 2026, ending a nine‑month interim co‑CEO period. Höltkemeyer arrives from a European banking and fintech background, most recently steering Berlin‑based Solaris through a turnaround and...
Ohio’s Hospice CEO: Prepare for Value-Based Care
Kent Anderson, CEO of Ohio’s Hospice, warned that value‑based care will soon reach the hospice sector and urged providers to prepare. He emphasized that scale—both economies of scale and skill—will be critical, citing the network’s eight nonprofit members, nearly one...
Care Quality Commission Offers £220k Salary for Next Chief Exec
The Care Quality Commission (CQC) has opened a recruitment drive for a new chief executive, offering a salary of £220,000 (about $280,000). The regulator, a non‑departmental public body with a £300 million (≈$381 million) budget and roughly 3,300 staff, has lost two...
Building the CEO/Corporate Comms Relationship Early
CEO turnover accelerated in early 2026, with major firms like Walmart, Disney, and Apple announcing new leaders. A 2025 academic study of 557 S&P 1500 CEO successions found that firms that communicated more frequently about their new CEOs saw higher analyst...
MAN’s Barbaros Oktay Takes over Chairmanship of ACEA Bus and Coach Division
Barbaros Oktay, head of MAN Truck & Bus’s bus division, has been appointed chairman of the European Automobile Manufacturers Association (ACEA) Bus and Coach Division for a one‑year term, succeeding Daimler Buses’ Till Oberwörder. MAN reported selling over 7,000 buses in...
Modernizing the Tech Stack Is a Critical Priority for PayPal, but CEO Enrique Lores Has More to Do to Deliver...
PayPal’s new CEO Enrique Lores is accelerating a tech‑stack overhaul and AI‑driven transformation to stay competitive in the agentic AI era. The company announced a re‑organization into three units—Checkout, Consumer Financial Services & Venmo, and Payment Services & Crypto—while targeting...
Disney Tops Expectations as D’Amaro Spotlights Streaming Growth
Disney reported Q2 2026 revenue of $25.2 billion, up 7%, and adjusted EPS of $1.57, surpassing forecasts. Streaming operating income surged 88% as Disney+ and Hulu added new titles and expanded international originals. CEO Josh D’Amaro highlighted a strategy centered on streaming,...
Exclusive: Berry Bros. Chief Executive Emma Fox to Step Down
Berry Bros. & Rudd chief executive Emma Fox will step down after six years, with chief financial officer Emily Rae and UK managing director Rob Symington appointed as co‑CEOs. Fox oversaw international expansion, notably a flagship store in Washington, D.C.,...
Porsche Retail Group Managing Director Steps Down
Adam Flint, who joined Porsche Retail Group in 2015 and became managing director in 2020, announced his departure this week, ending an 11‑year tenure with the company. Over his six‑year stint as MD, Flint drove record profitability at the Guildford...
VideoWeek Justin Sampson Interview
VideoWeek’s podcast featured an exit interview with Justin Sampson, the outgoing chief executive of Barb, where he reflected on his three‑year tenure and the company’s strategic milestones. Sampson discussed the 35% revenue surge, the $150 million acquisition of Streamlytics, and the...
Accesso Appoints Lee Cowie as CEO
accesso Technology Group PLC appointed Lee Cowie as chief executive officer, succeeding founder Steve Brown after an 18‑month stint as COO. Cowie brings more than 15 years of senior technology leadership, including a CTO role at Merlin Entertainments. His agenda...
Lufthansa CEO Reveals 'Plan B' If Boeing 777X Is Delayed Again
German carrier Lufthansa, the launch customer for Boeing’s 777X, disclosed its long‑haul fleet strategy during its Q1 results briefing. The airline will receive 27 new long‑haul aircraft this year, while retaining its A340‑300s and temporarily grounding two to four 747‑400s...
New Disney CEO Reveals the AI Enhancements Coming to Disney+
Disney reported a 7% revenue rise to $25.2 billion in Q2, with SVOD revenue up 13% and Disney+ positioned as the digital centerpiece. New CEO Josh D’Amaro announced AI‑driven hyper‑personalized recommendations and ad‑targeting across Disney+ and ESPN, aiming to reduce churn...
Stainless Tankers Reshuffles Top Management
Oslo‑listed Stainless Tankers announced a sweeping leadership overhaul. Chairman Ted Kalborg will step down, with current CEO Andrew Hampson slated to assume the chairmanship pending shareholder approval. Simultaneously, Hampson will vacate the CEO role and be succeeded by Nicolas Tirogalas, Tufton...
Retail Stability Hinges on Disciplined Transformation, Deeper Consumer Connection
Retail leaders from VF, Lululemon, Adidas and Ulta said disciplined transformation is essential for stability. They stressed protecting brand equity, resetting cost structures, and using AI while avoiding hype. Immersive, community‑focused experiences and localised assortments were highlighted as ways to...