Perry Ellis Europe CEO Joins K-Way Owner BasicNet
Simon Davies, who steered Perry Ellis Europe to a 366% jump in operating profit to £2.8 m (about $3.6 m) and opened a new London headquarters, will join BasicNet Group on 16 June. During his tenure he overhauled the European supply chain, shifted the business to a multi‑channel model and cut inventory to boost cash flow. BasicNet, the owner of K‑Way and other sports‑fashion brands, hired Davies to accelerate its UK retail rollout, beginning with a flagship on King’s Road and a Carnaby Street store. The move signals a strategic push to revive K‑Way’s British presence after a decade‑long hiatus.
As Vedanta Group Posts Record FY26 Earnings, Chairman Anil Agarwal Lays Out Vision for a ‘Very Exciting New Chapter’
Vedanta Group reported a record FY26 profit of about $3 billion on revenue near $21 billion, delivering roughly 50% total shareholder return. The company also improved its net debt‑to‑EBITDA to 0.95×, enhancing balance‑sheet flexibility. Effective May 1, Vedanta began a demerger that will...
Premier Inc. Appoints Dr. Emad Rizk as CEO and Chairman to Drive Healthcare Transformation
Premier Inc. has named Dr. Emad Rizk as its chief executive officer, president, and chairman of the board. Rizk arrives with more than three decades of experience, most recently steering Cotiviti through a multibillion‑dollar shift toward payment accuracy and value‑based...
Medical Research Charity Chief to Retire
Angela Hind, the founding chief executive of the Medical Research Foundation (MRF), will retire in November after 20 years at the helm. She joined the nascent organization in 2006, led its formal launch as an independent charity in 2011, and...
.png)
People & Appointments: Tim Mohin Appointed GHG Protocol CEO
Tim Mohin has been appointed chief executive officer of the Greenhouse Gas (GHG) Protocol, the globally recognized standard‑setter for corporate carbon accounting. The appointment follows the retirement of long‑time GHG Protocol board member Sylvia van Waveren and the departure of Rick...
UK Semiconductor Centre Names Its First CEO
Andy McLean, a former senior executive at Analog Devices, Texas Instruments and National Semiconductor, has been appointed the first chief executive officer of the UK Semiconductor Centre (UKSC). McLean will lead the centre’s push to accelerate scale‑up, attract investment and...
I Helped Grow a Startup to a $1.8 Billion Acquisition by Adobe — Here’s the Secret to Scaling Successfully
The author recounts how BambooHR grew from a niche HR SaaS startup to a $1.8 billion acquisition by Adobe, highlighting five practical levers for scaling. Early detection of a flattening S‑curve, a shift from inbound‑only to a multi‑channel go‑to‑market engine, and...
People: Sunstar Names New CEO, King Risk Adds Sales Leadership
Memphis‑based Sunstar Insurance Group announced Adam Meyerowitz as its new chief executive officer, succeeding founder Casey Bowlin who will become chairman. Meyerowitz co‑founded Prime Risk Partners and served as COO after its acquisition by EPIC Insurance Brokers. Sunstar, backed by...
Facephi Graduates From Startup Phase with Positive 2025 Net, EBITDA Surge
Facephi reported a 24.6% revenue increase in 2025, reaching €36 million (≈ $42.1 million). EBITDA jumped 917% to €10.5 million (≈ $12.3 million) and net income turned positive at €0.4 million (≈ $0.5 million) after a €8.9 million loss in 2024. The company attributes the swing to reduced headcount and...
From Trailblazer to Torchbearer at Biocon: Kiran Mazumdar-Shaw Picks Claire Mazumdar as Heir Apparent
Kiran Mazumdar‑Shaw, Biocon's founder, announced that her niece Claire Mazumdar will succeed her as the company's next chief executive. The transition will be phased, allowing Shaw to remain involved while Claire assumes greater responsibility. Claire currently runs Bicara Therapeutics, a...
Spahn & Rose Lumber Co. Announces CEO Transition
Spahn & Rose Lumber Co., a 122‑year‑old building‑materials supplier, announced that CEO and president Dave Davis will retire after nine years at the helm. The board praised Davis for delivering record growth, expanding market share, and launching key expansion initiatives....
Stock Movers: COIN, SHOP, PINS (Podcast)
Coinbase announced a 14% workforce reduction, concentrating remaining staff on artificial‑intelligence capabilities, which lifted its shares. Pinterest reported Q1 revenue that beat expectations, driving a near‑20% jump in after‑hours trading despite a $73.6 million loss and an 11% rise in monthly...
RWE Offshore Wind CEO Utermöhlen to Leave Company
RWE’s offshore wind chief executive Sven Utermöhlen will leave the company on 30 September 2026, ending a seven‑year tenure that saw the unit become the world’s second‑largest offshore wind operator. He will be succeeded by current CTO Tobias Keitel on 1 October 2026, while Julian Garnsey, long‑time...
Eventus Appoints Cameron Routh As CEO
Eventus, a global trade‑surveillance software provider, announced the appointment of Cameron Routh as its new chief executive officer, succeeding founder Travis Schwab. The transition is backed by Terminus Capital Partners, the private‑equity firm that recently invested in Eventus. Routh arrives...
Bridenstine Takes Over as Quantum Space CEO
Former NASA administrator Jim Bridenstine has been appointed chief executive of Quantum Space, a satellite‑maneuvering firm. Bridenstine says the role lets him return to national‑security work, leveraging his military and congressional experience. Quantum’s flagship Ranger vehicle can both refuel other...
PayPal Plans Job Cuts as Its New CEO Pursues Turnaround Strategy
PayPal announced a $1.5 billion cost‑reduction plan that includes job cuts as new CEO Enrique Lores seeks to reverse a multi‑year performance slump. The company posted first‑quarter adjusted earnings per share of $1.34, topping the $1.27 consensus. Lores reshuffled senior leadership,...
Geopolitics Reshapes CEO Priorities as Firms Focus on Profitability, AI and Dealmaking
The EY‑Parthenon CEO Outlook Survey of 1,200 leaders across 21 countries finds geopolitical risk now tops the agenda, with 56% naming it the most pressing threat for the next year. Executives are pivoting toward disciplined growth, prioritising profitability, financial flexibility...
ICIMS Names New CEO
ICIMS announced Marc Thompson as its new chief executive officer, effective May 17, 2024. Thompson, who joined as CFO in September 2024, has been a key architect of the company’s AI‑driven growth strategy. He brings more than three decades of experience...
Coinbase to Cut 14% of Staff over Impact of AI and Volatile Markets
Coinbase announced it will eliminate roughly 14% of its workforce, about 1,200 jobs, citing the dual pressures of artificial‑intelligence automation and a volatile cryptocurrency market. The layoffs are part of a broader cost‑cutting initiative aimed at stabilizing earnings after a...
Mondelez CEO Highlights Innovation Agenda
Mondelez International’s CEO Dirk Van de Put said innovation is central to its FY2026 growth agenda, unveiling a slate of new products such as Ritz Drizzled Minis, Perfect Snacks protein bars, Cadbury Biscoff Egg, limited‑edition Toblerone variants and Sour Patch...
Grand Theft Auto 6 Is Coming to Consoles Before PC to Serve “Core Audience” First, Says Take-Two CEO
Take‑Two Interactive CEO Strauss Zelnick confirmed that Grand Theft Auto 6 will debut on PlayStation and Xbox consoles on November 19, with a PC version arriving later. He emphasized the decision reflects Rockstar’s long‑standing focus on the “core audience” of console gamers,...
Duncan Painter Quits Omnicom for Tech CEO Role
Duncan Painter has resigned as chief executive of Omnicom, ending a tenure of less than three years. His departure comes shortly after Omnicom completed the $1.2 billion sale of its data‑technology unit Flywheel in 2023. Painter is set to become chief...
Taco Bell Grows Loyalty and Digital Sales
Taco Bell is expanding its loyalty program, driving a 30% year‑over‑year increase in loyalty sales and pushing its U.S. digital sales mix toward 50%. Across Yum Brands, digital transactions reached a record 63% of total sales, equating to about $11 billion...
Unveiled: Kenvue CEO Kirk Perry’s Annual Salary
Kenvue appointed Kirk Perry as permanent CEO on November 2, 2025, raising his base salary to $1.35 million bi‑weekly, up from $1.25 million as interim. His annual bonus target is 175% of salary, potentially reaching $2.3 million, and he can receive a one‑time...
Paladin in Discussions to Acquire Entourage Talent Associates
Paladin Artists announced it is in advanced discussions to acquire Entourage Talent Associates, formalising a partnership that began in 2021. The acquisition would create a scaled, independent booking firm positioned for growth, adding Entourage’s client base to Paladin’s roster that...
A Jittery CEO Crowd at Milken Looks Abroad for Growth—And Answers
At the Milken Institute Global Conference, CEOs signaled a clear pivot toward emerging markets, citing Pakistan’s data‑driven growth and Bangladesh’s large, female‑rich workforce as new investment frontiers. Brookfield Asset Management announced a doubled commitment to the Middle East, while VEON’s...
Stila Cosmetics Taps Former Estée Lauder Companies Executive as CEO
Stila Cosmetics has named former Estée Lauder Companies executive Daniel Annese as its new CEO, succeeding Michelle Kluz who is moving to lead Australian health‑tech firm DBG Health. Annese arrives after Stila reported 16 straight months of comparable sales growth and a more...
Why GTA₩6't Launch on PC: 'Consoles Are Our Core Customers, We Must Deliver the Best Experience'
Take‑Two Interactive CEO Strauss Zelnick confirmed that Grand Theft Auto 6 will launch on November 19, 2026 exclusively for PlayStation 5 and Xbox Series X|S, with no PC release date announced. The decision follows Rockstar's long‑standing console‑first philosophy, emphasizing service to its core console audience....
Diageo's New CEO Gets Breather As Rivals' Merger Fizzles
Diageo's new CEO Dave Lewis gets a reprieve after the proposed Pernod Ricard‑Brown Forman merger collapsed, removing a potential $17 bn rival that would have narrowed the gap with Diageo’s $20.25 bn sales. The deal’s failure eases immediate competitive pressure, but Lewis still...
GameStop Makes Unsolicited Bid to Acquire Online Auction Giant eBay for $56B
GameStop has lodged an unsolicited $56 billion offer to acquire eBay, a valuation roughly five times its own $11 billion market cap. The proposal would be financed half in cash—leveraging a $20 billion loan from TD Bank and $9 billion on hand—and half in...
Otto Aerospace Appoints New CEO as Laminar Flow Jet Program Enters Execution Phase
Otto Aerospace named Scott Drennan as its new president and CEO, replacing Paul Touw as the company transitions the Phantom 3500 laminar‑flow business jet from design to execution. Drennan, formerly president and COO, led the jet’s preliminary design review and recent...
EuroAtlantic Airways Appoints Former airBaltic Executive as CEO
Lisbon‑based wet‑lease and charter carrier euroAtlantic Airways announced Pauls Calitis, former airBaltic COO and interim CEO, as its new chief executive effective May 18, replacing Stewart Higginson who becomes non‑executive chairman. Calitis brings experience in fleet modernization and ACMI expansion, aligning...
Belstaff CEO Departs After One Year
Belstaff CEO Kerry Byrne stepped down after just one year in the role, having joined the company in 2021 and taken the helm in April 2025. Her exit comes months after Castore’s acquisition of the heritage outerwear brand, a deal...
Forces Charity Appoints Former Brigadier as Next Chief
Former British Army brigadier Matt Bazeley has been named chief executive of the Forces Employment Charity, succeeding Alistair Halliday after a seven‑year tenure. The 140‑year‑old charity, which provides career guidance and job placement for veterans, reservists and families, assisted more...
American Pilots Union Chief Says United CEO's Merger Idea Showed 'Bold Vision'
American Airlines pilots union leader Nick Silva praised United CEO Scott Kirby’s merger proposal as a "bold vision" that could transform the industry, but the Allied Pilots Association stopped short of endorsing a tie‑up. United recently withdrew its merger pursuit...
Concierge Firm Co-Founded by Queen’s Nephew Went on ‘Ill-Timed’ Hiring Spree Before Iran War
Quintessentially, the luxury concierge firm co‑founded by Queen Camilla’s nephew Ben Elliot, expanded its Middle East and Asia workforce from 22 to 84 employees during the year to 30 April 2025, just months before the US‑Israel‑Iran conflict prompted wealthy clients to flee the...
As Workers Worry About AI, Nvidia’s Jensen Huang Says AI Is ‘Creating an Enormous Number of Jobs’
Nvidia CEO Jensen Huang told MSNBC that artificial intelligence will be a net job creator, not a mass‑unemployment driver. He framed AI as the United States’ best chance to re‑industrialize, pointing to the surge in hardware factories that need skilled...
CB Hot Suit Takes: Andrew Siwka, Founder and Managing Partner, The Royals
Andrew Siwka, founder and managing partner of The Royals, sat down for Campaign Brief’s Hot Suit Takes Q&A. A former marine biologist, he entered advertising after a brief stint at Grey and never looked back. He highlighted the agency’s recent...
Andy Jassy Says Amazon Investors Will Be Rewarded by All Its AI Spending
Amazon CEO Andy Jassy told Mad Money that the company’s $200 billion AI‑related capex this year is a once‑in‑a‑generation bet that will drive long‑term growth. He said Amazon invests ahead of demand, citing AWS’s rapid expansion and a $15 billion AI run‑rate...
Credit Acceptance Corp (CACC) Q1 2026 Earnings Call Transcript
Credit Acceptance Corp. announced CEO Brett Roberts’ retirement and named CFO Ken Booth as his successor, emphasizing the firm’s collaborative leadership culture. The earnings call highlighted a 20‑25% rise in collections for March‑April, but quarter earnings were muted due to...
LoanDepot Inc (LDI) Q1 2026 Earnings Call Transcript
loanDepot reported a 15% rise in pull‑through weighted rate lock volume to $5.4 billion and a 20% jump in adjusted revenue to $278 million, narrowing its adjusted net loss to $25 million. The company’s gain‑on‑sale margin accelerated to 355 basis points, surpassing guidance,...
Manitowoc Company Inc (MTW) Q1 2026 Earnings Call Transcript
Manitowoc reported a record $803 million fourth‑quarter order intake, up 56% YoY, and a 22% rise in year‑end backlog to $794 million. Net sales grew 14% to $677 million, while adjusted EBITDA reached $40 million after mitigating roughly 85% of tariff pressure. Free cash...
Integra Lifesciences Holdings Corp (IART) Q1 2026 Earnings Call Transcript
Integra LifeSciences reported Q1 2026 revenue of $392 million, a 2.4% reported increase, and adjusted EPS of $0.54, surpassing guidance. Gross margin rose to 64.1% and adjusted EBITDA margin improved to 19.4%, reflecting favorable product mix, tariff benefits, and transformation...
SSR Mining Inc (SSRM) Q1 2026 Earnings Call Transcript
SSR Mining announced a definitive agreement to sell the Çöpler mine for $1.5 billion in cash, with closing expected before the end of Q3 2026. The company ended Q1 debt‑free, holding $634 million in cash and $1.1 billion in total liquidity after generating...
Everus Construction Group Inc (ECG) Q1 2026 Earnings Call Transcript
Everus Construction Group reported a record $1.01 billion quarter, up 33% year‑over‑year, and full‑year revenue of $3.75 billion, a 31.5% increase. EBITDA surged 45% in the quarter to $84.8 million and 37.7% for the year, lifting the margin to 8.4%. The company’s backlog...
Accel Entertainment Inc (ACEL) Q1 2026 Earnings Call Transcript
Accel Entertainment reported a record Q1 2026 with revenue of $352 million, up 9% year‑over‑year, and adjusted EBITDA of $54 million, also a 9% increase. The company expanded its footprint, adding locations and terminals in Nevada after the Dynasty Games acquisition and...
Allo Fiber’s New CEO
Allo Fiber announced Shane West as its new chief executive effective June 1. West joins with over 25 years in telecom, most recently serving as COO of TDS Telecommunications. He replaces founder Brad Moline, who will stay on as President...
PayPal Holdings Inc (PYPL) Q1 2026 Earnings Call Transcript
PayPal announced a leadership change, with Enrique Lopez becoming president and CEO on March 1, 2026, to address execution gaps rather than strategic flaws. The company reported strong growth in Venmo, BNPL and enterprise payments, each delivering double‑digit volume increases, while...
Why AI Governance Is Now a Core Leadership Skill
Artificial intelligence has moved from a back‑office tool to a strategic decision‑maker, making AI governance a core responsibility for CEOs and senior executives. The article argues that leaders must shift oversight from IT to the boardroom, focusing on visibility, materiality,...
Paramount Will Keep Licensing Some Content To Third Parties; CEO David Ellison Says Strategy Makes Company “Much More Desirable” To...
Paramount announced it will continue licensing select TV properties to third‑party platforms under new CEO David Ellison. The strategy, which dates back to Bob Bakish’s tenure with deals for Yellowstone and South Park, is framed as a talent‑attraction tool rather than...