Fibox Appoints CEO for Its Enclosures Business
Finnish enclosure maker Fibox announced a new leadership structure to drive its next phase of international growth. Former Schneider Electric executive Markus Hettig has been appointed CEO of the enclosures business, while finance veteran Pasi Niittymäki becomes CFO and Wago veteran Jürgen Schäfer joins the board. The changes come as demand for protective cabinets rises amid global grid digitalization, industrial automation and the broader energy transition. Fibox aims to accelerate execution, expand manufacturing capacity and deepen market presence worldwide.
Lockheed Martin CEO Sees Trump’s Pentagon as ‘Golden Opportunity’ for Growth
Lockheed Martin’s CEO Jim Taiclet called the Trump administration a “golden opportunity” during the Q1 2026 earnings call, citing new Pentagon contracts worth billions. The defense giant secured a $4.7 bn deal to accelerate Pac‑3 missile production and a $1.9 bn contract for...
When Board Meetings Become Routine, CEOs Lose A Strategic Advantage
CEOs often let quarterly board meetings devolve into a performance‑review checklist, sidelining forward‑looking discussion. The article argues that this routine approach erodes a critical strategic advantage and recommends three concrete shifts: set agenda time for AI‑related strategic questions, adopt a...
Q&A: Why Basso's CEO Is Still an Optimist
Basso Bikes CEO Alessandro Basso remains upbeat about 2026 despite a gloomy cycling market. Industry peers such as Canyon, Trek and Specialized have announced layoffs as excess COVID‑era inventory forces discounting. Basso, a family‑run brand with about 70 employees and...
CBRE Revenue Jumps 19% on Pivot to Data Center Services
CBRE reported first‑quarter 2026 revenue of $10.5 billion, up 19% year over year, driven by a 71% surge in critical infrastructure services and a tripling of data‑center leasing revenue after its Pearce Services acquisition. The Building Operations & Experience segment rose...
British Footwear Association Appoints New CEO
Ian Cartwright has been appointed chief executive officer of the British Footwear Association, succeeding Richard Shetliffe after a two‑year tenure. Cartwright joins from his role as chief operating officer at footwear brand Mahabis and is a long‑standing BFA member. Shetliffe...
New Names and Faces: April 2026
April 2026 saw a wave of senior leadership changes across the U.S. construction sector. Facility Solutions Group promoted long‑time veteran Jason Zipprian to CEO, while Skanska USA Building transitioned its general counsel role to Stefani Bonato. Sims Crane & Equipment...
Tesla Capex Plans Balloon by Another $5 Billion
Tesla announced a $25 billion capital‑expenditure plan for 2026, about $5 billion higher than the late‑January outlook. The boost funds simultaneous expansion of battery factories, AI‑chip fabs, and production lines for its Optimus humanoid robot, targeting up to 10 million units annually from...
Businesses Must Move Beyond AI Hype to Real Value
At the ITWeb AI Summit, TransUnion Africa CEO Lee Naik warned South African firms that AI hype must give way to measurable outcomes, trusted governance, and scalable delivery. He labeled many pilot projects “zombie pilots” that drain budgets without ROI....
Herjit Bhalla Takes over as CEO of Dabur
Dabur India announced Herjit S. Bhalla as chief executive officer of its India business, effective April 23, 2026. He succeeds Mohit Malhotra, who has been promoted to whole‑time director and global CEO of the packaged‑goods maker. Bhalla joins from Hershey,...
NACS CEO Frank Gleeson on the Next Phase of C-Store Growth
Frank Gleeson, newly appointed NACS president and CEO, says the convenience‑store sector is moving beyond its historic reliance on fuel and tobacco toward foodservice, fresh offerings and digital engagement. He describes the change as rapid evolution rather than disruption, with...
LinkedIn’s New CEO Says the ‘Best Career Decisions’ He Ever Made Were About the People He Chose to Work With—Not...
Daniel Shapero, a 20‑year LinkedIn veteran, was appointed CEO, succeeding Ryan Roslansky. He credits his rise to mentorship and long‑term relationships rather than job‑hopping, emphasizing the people who shaped his skills. After growing LinkedIn’s recruiting revenue from $40 million to $1 billion, he...
BBOT Shakes up Leadership as RAS Competitors Get More Visibility
BridgeBio Oncology Therapeutics (BBOT) dismissed CEO Eli Wallace and promoted CSO Pedro Beltrán to chief executive as the board seeks faster progress on its RAS‑focused pipeline. Shares, already down 18% to $8.76, slipped further after the announcement. The board also...
Amex CEO Gushes over Next Gen
American Express posted its strongest quarterly growth in three years, with first‑quarter revenue of $18.9 billion, up 11%, and net income rising 15% to $2.97 billion. Spending by Gen Z cardholders surged 38% YoY and Millennials 13%, while older cohorts grew only modestly....
REIT Leadership Expectations Shifting Amid More Complex Environment: Ferguson Partners
Ferguson Partners’ Courtney Calinog and Mike Cordingley told the REIT Report podcast that REIT CEOs must now supplement technical expertise with people‑centered capabilities. Self‑awareness, clear communication and trust‑building are seen as essential in a capital‑constrained, volatile market. CEOs are expected to...
American Airlines CEO Says Merger with United Would Be 'Bad for Customers'
American Airlines chief Robert Isom told CNBC that a merger with United Airlines would be anticompetitive and harmful to consumers, labeling the idea a "nonstarter from the get-go." United’s CEO Scott Kirby had earlier floated the concept to a Trump‑administration...
Emma Grede’s WFH Comments Spark Backlash, but Founders Are Missing the Bigger Lesson
Emma Grede, CEO of Good American and Skims, labeled remote work a “career killer” for women, prompting a wave of criticism and debate. The backlash highlighted how quickly high‑profile comments can ignite public discourse. Grede’s remarks also sparked a broader...
OneFortyOne Appoints FWPA’s Andrew Leighton as Its New CEO
Andrew Leighton has been appointed chief executive of OneFortyOne, succeeding interim CEO Michael Barbara in July after a four‑year tenure at Forest and Wood Products Australia. Leighton will lead the vertically integrated Trans‑Tasman wood‑fibre group, which manages about 80,000 hectares...
Apple's Leadership Change to Boost AI Integration? ETFs in Focus
Apple announced that CEO Tim Cook will step down on Sept. 1, ending a 15‑year tenure, with longtime hardware chief John Ternus slated to take the helm. The transition comes as Apple, valued at roughly $4 trillion, faces mounting pressure to accelerate...
Musk Bets Tesla's AI Future on Intel Node that Isn't Finished Yet
Elon Musk announced that Tesla will build its next‑generation AI chips using Intel’s not‑yet‑finished 14A process as part of a new "Terafab" manufacturing push. The strategy aims to secure a proprietary silicon supply for autonomous‑driving workloads, sidestepping potential shortages from...
AT&T's Convergence Strategy Begins to Pay Off in Q1
AT&T’s Advanced Internet segment added 584,000 new customers in Q1, evenly split between fibre and fixed‑wireless access (FWA). The fibre base grew to 12.5 million, bolstered by the Lumen acquisition, while FWA reached 2.3 million users. Convergence rose to 45% on an...
Chiesi Reports Strong FY2025 Financial and Sustainability Results and Announces Leadership Transition Highlights
Chiesi Group posted €3.625 bn ($3.9 bn) in revenue for FY2025, an 8.2% increase at constant exchange rates, with EBITDA of €931 m ($1.0 bn). All three franchises—Air, Rare and Care—contributed to growth, led by a 22.3% surge in rare‑disease sales that accounted for...
Tesla Plans $3 Billion Chip R&D Fab in Texas, Eyes Terafab Project
Tesla will invest about $3 billion to build a semiconductor research fab at its Giga Texas campus, producing a few thousand wafers per month for design testing. The pilot line serves as a stepping stone to a larger “Terafab” effort, with...
CEO Turnover Is Near Record Highs, and More Experienced Execs Are Making for the Exits
Apple announced that longtime CEO Tim Cook will step down after 15 years, with senior hardware chief John Ternus slated to take the helm on September 1. The move adds to a wave of executive exits that has pushed CEO turnover...
The Tim Cook Era at Apple Is Over, So What Took This CEO Out?
Apple announced that longtime CEO Tim Cook will step down after 15 years, with senior hardware executive John Ternus named his successor. Cook’s tenure was marked by operational excellence, driving market‑share growth of roughly 20 times and revenue expansion close to...
Amy’s Kitchen Moves President to CEO Role
Amy’s Kitchen has promoted president Paul Schiefer to CEO, while co‑founder Andy Berliner shifts to executive chairman. Schiefer, a 20‑year veteran, led the company to its strongest gross‑margin performance in a decade and boosted profitability by 60% as president. The...
NFL Legend and Investor Says Apple's New CEO Should Follow the Advice Steve Jobs Once Gave Tim Cook
NFL Hall of Fame quarterback Fran Tarkenton, an Apple investor since 2015, says incoming CEO John Ternus should heed Steve Jobs' advice to make his own decisions rather than emulate Jobs. Jobs told Tim Cook not to ask what Jobs...
BRC Chief: Red Tape ‘Weighs Heavily’ on Retailers
British Retail Consortium chief Helen Dickinson warned that mounting regulation is hampering retailers’ ability to innovate and keep prices low. She highlighted the cumulative burden of policy, tax and new compliance rules, especially as food inflation climbs to 3.7% and...
Vestas CEO Warns of 'Real Killers and Poison' To Offshore Wind in Impassioned Remarks
Vestas chief executive Henrik Andersen used the WindEurope summit in Madrid to warn that offshore wind faces several "real killers and poison," including supply‑chain bottlenecks, soaring steel prices and regulatory uncertainty. He highlighted the geopolitical fallout from the Iran energy...
MEA Remains Orange Growth Driver in Q1
Orange’s Middle East and Africa (MEA) division was again highlighted by CEO Christel Heydemann as the primary engine of the company’s Q1 growth. The group posted €10.1 billion (≈$11 billion) in revenue, up 3.5% year‑on‑year, with MEA delivering a 12.7% increase. EBITDA...
How Monarch Collective Made WNBA History in Cleveland
Monarch Collective, the first dedicated women’s‑sports investment platform, closed a $250 million fund and announced a minority stake in the Cleveland WNBA expansion franchise, becoming the league’s inaugural private‑equity shareholder. The fund already owns stakes in three NWSL clubs and a...
Incoming Alstom CEO Warns of Further Fallout From Delayed Projects as Shares Fall
Alstom reported record €27.6bn (≈$30bn) order intake and a €100bn (≈$110bn) backlog, but free cash flow slumped to €330m (≈$363m), far below the €1.5bn (≈$1.65bn) target it had set. Adjusted EBIT margin fell to about 6%, and the company’s shares...
From Aspiration to Mainstream: BlueOrchard’s CEO on 25 Years Financing the Underserved
BlueOrchard celebrates its 25‑year milestone as a Zurich‑based impact investor with $5.6 bn (≈$5.1 bn) in assets under management, having disbursed more than $14.5 bn to SMEs, financial institutions and climate projects across 100+ countries. The firm has broadened its investor base, attracting...
Temple & Webster Names Susie Sugden CEO, as Founder Changes Role
Temple & Webster has appointed former chief marketing officer Susie Sugden as its new chief executive, effective July 1. Co‑founder and ex‑CEO Mark Coulter will move into an executive chair role, while Stephen Heath shifts to lead independent director and Conrad Yiu...
The Starter Home Is Dying. Better.com’s CEO Says AI Is the only Thing that Can Save It
The U.S. is missing nearly 4 million homes, leaving the traditional starter home scarce and pushing the median age of first‑time buyers to a record 40. Mortgage loan officers earn commissions that favor large loans, causing sub‑$300k mortgages to be underserved....
Patou Nuytemans to Step Down as Ogilvy EMEA CEO
Patou Nuytemans, who has steered Ogilvy’s Europe, Middle East and Africa operations for three decades, announced she will step down as EMEA CEO effective end of May 2026. During her tenure she drove double‑digit growth in the Middle East, oversaw...
Apple (AAPL) Stock Trades Up, Here Is Why
Apple shares jumped 2.3% to $272.87 after announcing senior hardware VP John Ternus will become CEO on September 1, 2026, with Tim Cook moving to executive chairman. Analysts welcomed the planned transition, viewing it as a positive catalyst ahead of the next...
Yasin Tekinarslan Named as Cimpor Africa CEO
Cimpor Africa announced Yasin Tekinarslan as its new chief executive officer. Tekinarslan, a 2017 hire, previously served as regional manager for concrete and aggregates and as country director in Côte d’Ivoire. The group highlighted his track record of delivering sustainable...
Can New Best Buy CEO Jason Bonfig Succeed at a Pivotal Moment?
Best Buy announced on April 22 that chief customer, product and fulfilment officer Jason Bonfig will replace Corie Barry as CEO. Bonfig currently runs merchandising, e‑commerce and the Best Buy Ads network. The retailer has posted sales declines in 14 of...
Musk Delays Release of Roadster, Optimus and Unsupervised FSD, as Tesla Margins Jump
Tesla announced further postponements for the next‑generation Roadster and unsupervised full‑self‑driving (FSD), pushing the Roadster debut to at least a month away and targeting Q4 for FSD rollout. The company posted Q1 revenue of $22.39 billion, below expectations, but margin expansion...
A Board For All Seasons
McKinsey’s Carolyn Dewar released "A CEO for All Seasons," a playbook distilled from research on 83 top‑performing CEOs that defines four distinct leadership phases—preparation, transition, momentum, and exit—and the board’s role in each. The book stresses proactive succession planning, a...
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...
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...
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...
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...