ADB President Masato Kanda Seeks 5-Year Reelection
Asian Development Bank President Masato Kanda announced his bid for a second five‑year term, which will be decided by the Board of Governors after his current mandate ends in November 2026. Under his leadership, ADB committed $29.3 billion of its own resources in 2025, a 20% increase, and mobilized $14.7 billion from partners for a total of $44 billion in development finance. The bank also launched major regional initiatives, including a $10 billion ASEAN Power Grid package and a comparable investment in the CAREC program, while expanding its charter to boost operational capacity by 50%.
Xbox Isn't Ditching Mobile Games, Says New CEO
Microsoft appointed Asha Sharma as Xbox CEO, promptly retiring the "This is an Xbox" campaign. Sharma clarified that the previously hinted Xbox mobile games store is still in development, underscoring a more open, cross‑platform vision. The move follows a recent...
Microsoft's LinkedIn Names Longtime Exec Dan Shapero Its New CEO
Microsoft announced that longtime LinkedIn executive Dan Shapero will assume the role of CEO of the professional network, reporting to current CEO Ryan Roslansky, who will remain an executive vice president at Microsoft. The transition is effective immediately and follows...
Spotlight Series: Taylor Hospitality
Taylor Hospitality, a Virginia‑based operator, showcased its nationwide portfolio of hotels, restaurants, event centers, and golf & country clubs in a new Spotlight Series interview. CEO Sean Taylor explained how the company differentiates itself through an asset‑light management model and...
Trump Media CEO’s Exit Caps a 90% Drop as MAGA Stocks Stumble
Trump Media & Technology Group (DJT) saw its share price plunge about 90% from its 2023 high as founder‑linked CEO Devin Nunes announced his resignation. Nunes, a former congressman who steered the company since 2021, left amid stagnant user growth...
Nvidia CEO Says AI Will Be a Permanent Micromanaging Boss Who Never Stops Nagging You
Nvidia CEO Jensen Huang told a Stanford panel that AI will act like a relentless, micromanaging boss, constantly nudging employees but dramatically raising productivity. He argued that this surge in efficiency will ultimately create more jobs than it eliminates, countering...
Revolut Spent Zero on Marketing in Beginning, CEO Says
Revolut’s CEO Nik Storonsky revealed the fintech grew its first five‑to‑seven years without spending a single dollar on marketing, relying entirely on word‑of‑mouth referrals. The company, now valued in the billions, is focused on securing a U.S. banking licence, a...
Energy, Intelligence and Social Impact to Drive CV Sector Transformation: Ashok Leyland MD & CEO
Ashok Leyland MD & CEO Shenu Agarwal told the CII Commercial Vehicle Summit that the commercial‑vehicle (CV) sector will be reshaped by three forces – energy, intelligence and social impact – as India eyes 2047. He called for a multi‑fuel strategy...
Jeni's Splendid Ice Creams Names Former Ben & Jerry's Exec as New CEO
Jeni’s Splendid Ice Creams announced David Stever, the former CEO and CMO of Ben & Jerry’s, as its new chief executive officer. Stever brings more than 25 years of consumer‑packaged‑goods leadership, having overseen Ben & Jerry’s transformative growth and global...
Industry Pressed over Level 4 Progress
At FutureNet World in London, Infovista CEO Rick Hamilton warned that entrenched information silos and unclear operator goals are stalling progress toward Level 4 network automation, the TM Forum’s most advanced self‑optimising stage. He argued the telecom sector must sharpen focus...
Tech Mahindra Q4 Results: Headcount Falls by 1,993 as IT Giant Pushes for AI-Driven Efficiency
Tech Mahindra reported a quarterly headcount decline of 1,993, bringing its workforce to 147,623, as it accelerates an AI‑led transformation. The Indian IT services firm posted a 19% YoY profit increase to ₹1,356 crore (≈ $163 million) and a 48.3% YoY jump in...
Boeing CEO Says 'All Systems Are Go' To Increase 737 Production as Company Narrows Loss
Boeing announced it will increase 737 Max production to 47 aircraft per month, up from 42, as part of a broader effort to improve profitability. The company reported a first‑quarter loss of $7 million, far better than analysts’ expectations, and revenue of...
Digney York Associates, EIS Hospitality Now Under Shared Structure
Digney Holding Inc., the Delaware parent of Digney York Associates, has incorporated EIS Hospitality into a shared corporate structure. Tom Kelley, who has overseen both businesses, was named CEO/president of Digney Holding, tasked with long‑term growth and disciplined capital stewardship....
Will New Apple CEO Combat Fake Crypto Apps Littering the “Walled Garden” App Store?
Apple announced that senior hardware VP John Ternus will replace Tim Cook as CEO by Sept. 1, 2026, as Cook moves to executive chairman. The transition arrives amid heightened scrutiny of the App Store’s security after Kaspersky uncovered 26 fraudulent crypto‑wallet...
Best Buy CEO Corie Barry to Step Down in October
Best Buy announced that its first female chief executive, Corie Barry, will step down on October 31, with veteran Jason Bonfig slated to succeed her. Barry, who has led the retailer for seven years, will remain as a strategic advisor for...
Tim Cook Is Exceptional at This Leadership Skill. I Saw It when I Interviewed at Apple 16 Years Ago—And Still...
Apple CEO Tim Cook will step down on Sept. 1 after 15 years, sparking retrospectives on his operational mastery. Beyond supply‑chain expertise, Cook is lauded for his exceptional listening skill, using prolonged silences to coax candid employee input. The piece contrasts...
Organised Gold Recycling Can Curb Imports, Boost Economic Stability: Muthoot Exim CEO
India imports roughly 99% of its gold, amounting to about 630 tonnes and $58.8 billion in 2025. Muthoot Exim CEO Keyur Shah argues that organized gold recycling can turn idle household jewellery into a domestic supply, easing the current‑account deficit and environmental...
Post-Acquisition, Insentra Turbocharges Turnium’s Global Partner Services Play
Turnium Technology Group (TTGI) has completed its acquisition of Canadian TaaS provider Insentra, expanding its global partner services platform to over 150 specialists across North America, Europe and APAC. The combined entity now serves more than 280 channel partners and...
Cathay Pacific Veteran Frosti Lau to Be Hactl’s New CEO
Hong Kong’s leading cargo handler Hactl announced that former Cathay Pacific executive Frosti Lau will assume the chief executive role in early June 2026, succeeding Wilson Kwong who departed after an eight‑year tenure. Lau arrives with 25 years of aviation...
Mojaloop Foundation Appoints New CEO
The Mojaloop Foundation announced Jean Bosco Lyacu as its new chief executive officer, effective June 1 2026, succeeding retiring executive Paula Hunter. Lyacu, based in Kigali, brings over 15 years of experience in inclusive finance, digital public infrastructure, and market‑system development. He will focus on...
Apple CEO Shake-Up: 3 Succession Lessons
Tim Cook announced he will step down as Apple’s chief executive on September 1, handing the reins to John Ternus, the senior vice president of hardware engineering who has spent 25 years at the company. Cook will transition to an executive‑chairman role, pledging...
Octopus Energy CEO Urges Radical Agility in Age of Uncertainty
At the AWS Summit London 2026, Octopus Energy CEO Greg Jackson urged enterprises to abandon rigid, multi‑year software roadmaps in favor of agile, cloud‑native platforms. He highlighted Kraken, Octopus’s AWS‑based system that ingests 10 trillion data rows annually and powers real‑time...
What Leading Planned Parenthood Is Like Now
Since taking the helm in 2020, Alexis McGill Johnson has steered Planned Parenthood through a post‑Dobbs landscape marked by federal defunding, a wave of clinic closures and a shifting political spotlight. The organization, once operating over 600 health centers, has lost 53...
Tim Cook Built Apple Ads, But His Successor Has the Harder Job
Apple’s advertising division, quietly built under Tim Cook, is projected to generate about $7 billion in 2025, with roughly 95 % of revenue coming from App Store search ads. The company has kept its ad inventory limited to owned platforms such as...
Hactl Appoints Cathay’s Frosti Lau as CEO
Hong Kong’s leading air‑cargo handler Hactl announced the appointment of former Cathay Pacific executive Frosti Lau as its chief executive, effective 8 June 2026. Lau succeeds Wilson Kwong, who departed after an eight‑year tenure to join MTR Corporation. The new CEO brings more than...
Apple's Next Era: After Tim Cook's Dream Run, New CEO Has to Help the Company Catch Up
Apple will hand the CEO reins to hardware chief John Ternus on Sept. 1, 2026, ending Tim Cook’s 15‑year tenure. Under Cook, Apple’s market value surged from about $350 billion to $4 trillion and revenue topped $416 billion in 2025, supported by 2.5 billion active...
Granarolo Chairman to Step Down From Italian Food Group
Granarolo’s long‑time chairman Gianpiero Calzolari is stepping down after 17 years, citing a generational handover at age 70. The board appointed Stanislao Giuseppe Fabbrino—former Fruttagel CEO and current Deco Industries executive—as the new chairman. In its 2025 results, the cooperative...
The One Thing Apple’s New CEO Needs to Get Right on AI
Apple has appointed hardware veteran John Ternus as its new CEO, signaling a shift toward a hardware‑centric AI approach. Analysts expect the company to focus on running AI models directly on its devices rather than investing heavily in cloud‑based AI...
Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
SpaceX, long‑hailed for its Mars colonization goal, is now pivoting toward artificial intelligence and lunar manufacturing as it readies for a massive IPO. The company disclosed a potential $60 billion acquisition of AI startup Cursor, signaling a shift from a sole...
CEOs Behaving Badly Put Customers Off
New research by Raconteur and consumer platform Attest shows a direct link between CEO conduct and purchasing decisions. Nearly half (49%) of surveyed shoppers would feel uncomfortable buying from a company whose leader expressed disagreeable views, and 92% said they...
Is Command-and-Control Leadership Back in Fashion?
A wave of articles and podcasts is championing a comeback of command‑and‑control leadership, dubbing CEOs as “wartime” leaders and praising authoritarian coaching. The narrative gains traction because volatile markets make decisive, centralized authority feel reassuring. Yet scholars note that top‑down...
Arrow Global Names Diego Gracia as Spain CEO
Arrow Global, a pan‑European real‑estate investment firm, announced the appointment of Diego Gracia as its chief executive officer for Spain. Gracia brings more than two decades of experience in real‑estate investment and asset management. The move follows Arrow Global’s strategy...
Sheep Sustainability Framework Steering Group Gets New Leader
Western Australia’s Wheatbelt NRM chief executive Renata Paliskis has been appointed chair of the Sheep Sustainability Framework (SSF) steering group, joining four newly selected members from across the value chain. The new cohort includes experts from AWEX, Rabobank, farm consulting and...
Nordex Supply Chain More Resilient to Iran Conflict than Past Disruptions, Says CEO
Nordex, the German wind‑turbine manufacturer, says its supply chain is now more resilient to the Iran conflict than to earlier geopolitical shocks. CEO José Luis Blanco explained that lessons from past disruptions prompted a redesign of sourcing, logistics and inventory buffers. So...
WPP Restructures Commerce Expertise Into One Team
WPP has launched WPP Commerce, an integrated unit that consolidates its commerce expertise across media, creative, enterprise solutions, and production. Brent Taylor, former CEO of Barrows, was appointed global CEO of the new division. The move is the first major step...
The AI Agent Race Is on – and Google Wants to Win It
Google CEO Sundar Pichai used the Las Vegas cloud conference to unveil Gemini Enterprise, a unified branding for the company’s AI suite aimed at enterprise customers. The move repositions Vertex AI as the core platform for building custom AI agents...
LGA Appoints Interim CEO
Jenny Rowlands has been appointed interim chief executive of the Local Government Association, taking the role on 11 May while Joanna Killian is absent. Rowlands brings a track record of leading Camden Council and Lewes District Council, as well as sector‑wide improvement...
PE Nation Co-Founder Claire Greaves Returns, CEO Calls Her ‘Unmatched’
PE Nation co‑founder Claire Greaves returns as creative director after a year away, rejoining the brand she helped launch. CEO Hamish Stuart praised her as an unmatched asset with deep brand knowledge. Her comeback aligns with a broader rebranding effort...
Minrex Hands Reins to New CEO as Serbian Gold Adventure Begins
Minrex Resources has appointed veteran mining executive Max Piirto as chief executive following its merger with Electrum Discovery. The deal gives Minrex control of more than 700 km² of Serbian ground, highlighted by the Tlamino gold project that hosts a 670,000‑ounce gold...
Feud Between AI Power Startup Fermi and Its Fired CEO and Top Shareholder Heats up over Proposed Sale
AI‑power startup Fermi, once valued at nearly $20 billion, now trades below $3.2 billion after missing anchor tenants for its massive Project Matador data‑center campus in the Texas Panhandle. Founder and top shareholder Toby Neugebauer, who controls roughly 40% of the stock,...
Honda CEO Says Brand Has 'No Chance Against' Chinese Rivals After Seeing Factory
Honda CEO Toshihiro Mibe warned that the Japanese automaker has “no chance” against fast, low‑cost Chinese electric vehicles after touring a parts factory. The company has already recorded a $15.8 bn loss from scrapping its 0 Series and Sony‑partnered EV projects,...
Probability Isn’t Strategy: Why Leaders Can’t Outsource the “What Matters” Question
Leaders are increasingly tempted to treat AI‑generated recommendations as strategic answers, but large language models only predict what is most probable. The article argues that strategy is a purpose problem—determining what matters—requiring human judgment to translate probabilistic outputs into intent‑aligned...
HOW TO CREATE THE NEXT GREAT COMPANY
Salvatore D. Fazzolari’s new book, *The Nine Principles of Greatness*, tackles why many firms falter while a few achieve lasting success. He attributes failure to three "storms of change": leadership missteps, disruptive innovation, and severe external shocks. The book offers...
Cochlear Plunges Most in 30 Years After Profit Guidance Cut
Cochlear Ltd., the Australian leader in hearing‑implant technology, slashed its fiscal‑year profit guidance, triggering a dramatic sell‑off. Shares tumbled as much as 39% in early Sydney trading, marking the steepest decline since the company’s 1995 IPO. The warning reflects heightened...
Dr. Jonathan M. Green Selected as CEO of the NIH Clinical Center
Dr. Jonathan M. Green, M.D., MBA, has been appointed CEO of the NIH Clinical Center, the world’s largest hospital dedicated to clinical research, effective May 17, 2026. He will oversee a 200‑bed, 870,000‑square‑foot facility with an annual operating budget of roughly $700 million....
Devin Nunes Departs Trump Media After 4 Years as C.E.O.
Devin Nunes, who led Trump Media & Technology—the parent of Truth Social—since late 2021, announced his departure as chief executive on April 21, 2026. The exit was disclosed in a news release by Donald Trump Jr., a board member who...
Graco Inc (GGG) Q1 2026 Earnings Call Transcript
Graco reported $593 million in net sales for the quarter, an 8% increase driven by 4% acquisition growth, 2% currency translation, and 2% organic sales. Adjusted non‑GAAP earnings rose 10% to $0.77 per share, while reported net earnings jumped 22%...
Triumph Financial Sets New Metrics, Has Strong Quarter in Factoring
Triumph Financial reported a robust first‑quarter, with factoring invoice purchases up 20.5% year‑over‑year and transportation revenue climbing 23.5% YoY. The company introduced new "North Star" KPIs that focus on transportation‑revenue growth, factoring operating margin and Payments EBITDA margin, signaling a...
Central Group Deepens European Push
Central Group reported €6.3 bn (≈$6.9 bn) in sales last year, marking 15 years of steady European expansion. The conglomerate unveiled a new European leadership team, appointing Pierluigi Cocchini as CEO of Europe and Giuseppe D’Amato as chief commercial officer. It is...
Jim Cramer Says Tim Cook Accomplished Something 'Almost Impossible' As Apple CEO
Jim Cramer lauded Apple CEO Tim Cook for turning the company into the "greatest consumer‑based enterprise in history." Under Cook, Apple’s share price surged roughly 1,900% and its forward P/E multiple climbed from the low‑teens to about 30×, reflecting a...