‘Sports Cars Are the Core of What We Are as a Company,’ Nissan CEO Says
Nissan President and CEO Ivan Espinosa told The Drive that sports cars are the core of the company’s identity, hinting at a possible revival of the classic Silvia. He emphasized that the immediate priority is finalizing the Re:Nissan turnaround plan, which focuses on expanding the body‑on‑frame SUV line‑up, including the upcoming Xterra. While no concrete models were disclosed, Espinosa signaled that more sports cars will enter the portfolio beyond the current Z. The comments reflect a strategic balance between prudence and enthusiasm for performance‑focused vehicles.
Oracle?The 100-Year Plan
Oracle bought Sun Microsystems and its Java platform in 2009, yet it postponed direct monetization of Java for years. The acquisition fueled the creation of Exadata, marking Oracle’s move into hardware while it continued to chase enterprise‑application dominance over rivals...
‘Absolutely No Intention’: Publicis Group CEO Rules Out Building a Trade Desk Rival Amid Ongoing Dispute
Publicis Groupe told clients to pull spend from The Trade Desk after an audit flagged transparency issues, but offered no clear alternative. CEO Arthur Sadoun confirmed on the earnings call that the firm will not build its own demand‑side platform,...
JPMorgan Tops Estimates on Wall Street Results, Dimon Flags 'Increasingly Complex' Economic Risks
JPMorgan Chase reported first‑quarter earnings of $5.94 per share, beating analysts’ forecasts as revenue rose 10% to $50.54 billion. Fixed‑income trading surged 21% to $7.08 billion and investment‑banking fees jumped 28% to $2.88 billion, driving the beat. The bank trimmed its full‑year 2026...
Dealer CEO Shares How Her Firm Grew 1,042%
Designed Wealth Management, an independent dealer founded in 2021, posted a 1,042% revenue surge over the past two years, propelling CEO Kunza to the #3 spot on The Globe and Mail’s Top Growing Women‑Led Companies list. The firm now employs...
Crush Security Exits Stealth Seeking To Become AI-Powered Trusted Advisor Of The Future
Crush Security, a Phoenix‑based startup, has emerged from stealth with an AI‑powered cybersecurity‑intelligence platform that catalogs roughly 2,600 security tools. The company raised close to $3 million from individual investors, including several CISOs, to fund its vision of automating the value‑added...
Hershey Wants a Bigger Bite of the Functional Foods Market
Hershey’s new CEO Kirk Tanner is positioning the candy maker to capture a larger share of the $138 billion functional foods market, which grew 4% last year. The company already offers Fulfil protein bars and is eyeing extensions of existing brands...
Nissan CEO: There's Still A Market For Cheap Sedans
Nissan CEO Ivan Espinosa says demand for ultra‑affordable sedans persists, but U.S. buyers will see no new cars under $20,000 after the 2025 Versa ends production. A 25% tariff on Mexican‑built vehicles makes pricing the Versa for the U.S. unviable,...
Disney CEO Sends Memo Confirming Layoffs
Disney CEO Josh D’Amaro confirmed that the company will lay off up to 1,000 employees this week as part of a broader effort to streamline operations after a January marketing restructure. The cuts span marketing, studios, TV, ESPN, products, tech,...
RWS Global Announces Executive Leadership Transition
RWS Global announced a leadership transition in which founder, chairman and CEO Ryan Stana will move to the role of executive chairman, while chief operating officer Jake McCoy steps in as interim CEO. The change, backed by minority investor Bluestone Equity...
Givaudan Can Manage the Effects of War in the Middle East Short Term, CEO Says
Givaudan’s new CEO says the US‑Israel‑Iran conflict has not materially disrupted the Swiss fragrance and flavour maker’s operations so far. The company is absorbing inflationary pressure on freight and logistics by planning coordinated price hikes with customers. The Middle East...
Lucid Motors Names New CEO, Lands More Money From Uber and Saudis
Lucid Motors announced Silvio Napoli, a veteran of the Schindler Group, as its new chief executive, ending a year‑long search after Peter Rawlinson’s abrupt exit. At the same time, Uber pledged an additional $200 million for 25,000 robotaxi‑ready Gravity SUVs, bringing...
5 Notable Pharma CEO Pay Hikes in 2025
Pharma CEOs saw compensation surge in 2025, with five executives joining the $30 million club. Eli Lilly’s David Ricks earned $36.7 million after a 45% revenue jump, while AbbVie’s Robert Michael’s pay leapt 75% despite losing Humira exclusivity. GSK’s Emma Walmsley received a 50%...
Be the Least Intelligent Person in the Room – Varun Bhanot, CEO, MAGIC AI
Varun Bhanot, co‑founder and CEO of Magic AI, discusses scaling one of the UK’s leading AI firms and how its AI‑enabled mirror is disrupting the fitness industry. The mirror delivers real‑time coaching and personalized workouts, creating a new revenue stream...
Cult Wine Stabilisation ‘Genuinely Encouraging’ Following Pre-Tax Losses of £5 Million
Cult Wine reported a pre‑tax loss of £5 million (≈$6.3 million) for the year to December 2024, with turnover down 43% and net liabilities rising to £21.6 million (≈$27 million). The company says the first quarter of 2026 delivered its strongest performance yet – revenue...
‘We Will Not Survive’: Toyota, Honda and Ford CEOs Issue Chilling Warning About China — and It Could Hit Your...
Chinese automakers now dominate the electric‑vehicle market, supplying roughly 70% of all new EVs worldwide. BYD’s rapid expansion has eclipsed Tesla, prompting CEOs of Toyota, Honda and Ford to warn that without drastic productivity changes they may not survive. Honda’s...
Ex-Argo MD Aaron Gold Joins CAI as President – Exclusive
Aaron Gold, former managing director at Argo, has been hired as president of infrastructure investment firm CAI. The newly created role is based in New York and tasks Gold with expanding CAI’s footprint on the East Coast. He will work...
Future Fund Flags Potential Investment Team Job Cuts
Australia's sovereign wealth fund, the Future Fund, announced it may reduce staff within its investment team as part of a broader cost‑management drive. CEO Raphael Arndt said the fund will "make changes where it is prudent to do so" to...
Bloober Team Expands Leadership, as Studio Steps up to Seven Horror Titles in Active Development
Bloober Team, known for the Silent Hill 2 remake and Layers of Fear series, has added three senior executives from Activision, CD Projekt and Klabater to its leadership team. The studio will continue running two core single‑player horror projects while co‑developing five...
Publicis Grows 4.5% in Q1 as Arthur Sadoun Pans “Squeeze to Please Wall Street”
Publicis Groupe reported a 4.5% rise in first‑quarter revenue, outpacing many peers in the fragmented advertising market. Chief executive Arthur Sadoun described the firm’s strategy as the polar opposite of rivals WPP and Omnicom, emphasizing creativity and digital data services...
SEIL Energy India Will Not Diversify for Optics: CEO
SEIL Energy India, owned by Tanweer Infrastructure SAOC, says it will not pursue diversification for optics, focusing instead on operational excellence of its 2,640 MW super‑critical plant. The CEO indicated openness to acquiring well‑performing assets emerging from Insolvency and Bankruptcy Code...
How Ivan Espinosa Got Nissan to Face Reality
Ivan Espinosa, appointed CEO of Nissan a year ago, has launched an aggressive turnaround that slashes plants, trims the model lineup and accelerates product development. Sales have fallen from a 2018 peak of 5.8 million to 3.2 million, and the share price...
Gérard Darel’s CEOs on China: “We’re Here to Build Something Long-Term”
Parisian ready‑to‑wear label Gérard Darel has opened flagship stores in Shanghai and Hangzhou, marking its first physical foothold in mainland China. Co‑CEOs David Maruani and Laurent Gerbi say the brand’s understated Parisian elegance aligns with Chinese shoppers’ appetite for authentic,...
Payfast Founder Acquires iVeri
Jonathan Smit, the founder of Payfast, announced his acquisition of iVeri, a payment technology firm with a 30‑year legacy in Africa. Smit, who exited Payfast between 2019 and 2021 and now runs a portfolio of over 30 businesses, will retain...
Fraser Anderson Appointed Permanent Chief Executive of The Glasshouse
The Glasshouse International Centre for Music has named Fraser Anderson its permanent Chief Executive, effective immediately. Anderson, who served as interim CEO for the past six months following Abigail Pogson’s move to London’s Barbican Centre, was selected after a competitive...
How Faversham House Transformed From Traditional B2B Publisher to Digital and Events Powerhouse
Faversham House, a UK B2B media group, has completed a decade‑long shift from a print‑centric publisher to a digital‑first, events‑driven business, printing its final magazine in early 2023. CEO Amanda Barnes unified editorial and events teams to form a brand...
Cancer Research Charity Reveals Former Army Major as New Chief
Hope Against Cancer has appointed former army major Paul Desborough as its new chief executive, succeeding Nigel Rose after a 12‑year tenure. Desborough brings 35 years of leadership experience, including service in the British Army (1985‑2016) and senior roles in...
Sony’s Tom Rothman Calls on Theaters to Provide a Better Consumer Experience: “Get Off the Ad Crack”
Sony Pictures Motion Picture Group chairman Tom Rothman used his CinemaCon platform to push theater operators toward a better consumer experience. He urged exhibitors to enforce traditional release windows, cut lengthy ad‑filled preshows, and address rising ticket prices. Rothman highlighted...
BharatPe Co-Founder, Shashvat Nakrani Steps Back to Build Something New
BharatPe co‑founder Shashvat Nakrani announced he will step back from day‑to‑day operations on May 1, moving into a strategic advisor role while remaining a board director and the company’s largest individual shareholder. The fintech unicorn, valued at $2.7 billion, has raised $584 million...
Burjis Godrej Elevated as Agrovet Chair Amid Leadership Shift
Godrej Industries Group announced a generational leadership shift, elevating 34‑year‑old Burjis Godrej to chair of Godrej Agrovet. His father, 75‑year‑old Nadir Godrej, will retire in August and assume the honorary title of chairman emeritus, while son Pirojsha Godrej will take...
Assembly Global APAC CEO Departs After 16 Years
Assembly Global’s APAC division, now a $5 billion‑billings network of 1,500 staff across 20 countries, announced the departure of CEO Richard Brosgill after six years. Brosgill highlighted completing an award‑winning, technology‑driven transformation and plans to recharge before his next challenge. The...
MrBeast Is so Big, Beast Industries Turns Down Eight-Figure Brand Deals if They Aren’t the Right Fit
Jimmy "MrBeast" Donaldson’s Beast Industries has become a magnet for Fortune 1000 CMOs, leveraging a billion‑plus viewership to command multi‑year, category‑exclusive brand deals. Under CEO Jeff Housenbold, the company now fields a 25‑person partnership team and routinely rejects eight‑figure offers that...
Michael Hill Axes 60 per Cent of Its Brands to ‘Move Fast’
Michael Hill International announced a return to growth in its half‑year results, driven largely by a boom in Canada, and continued momentum into Q3. As part of its turnaround, the retailer cut its five‑brand portfolio—TenSeven Seven, Watches Galore, Bevilles, Medley and...
Morning Brief Podcast: Indian Aviation’s Biggest CEO Shake-Up
In April 2026 India’s two flagship carriers saw their CEOs depart. IndiGo dismissed Pieter Elbers after a December 2025 operational collapse that stranded 300,000 passengers and erased roughly 78% of its profit. Air India’s Campbell Wilson resigned amid ongoing multi‑billion‑dollar losses and a fatal...
Universal Store Holdings CEO Steps Down, Former Store Worker Named Successor
Long‑time CEO Alice Barbery will step down from Universal Store Holdings on October 31 after 24 years with the company, transitioning to a non‑executive director role. Effective November 1, George Do, who started on the shop floor in 2005 and...
CB Hot Suit Takes: Alex Carr, Co-Founder / CEO, Queen Charles
Alex Carr, co‑founder and CEO of the UK‑based agency Queen Charles, rose from a Saatchi & Saatchi graduate scheme to leading award‑winning work. His team’s Project Revoice, a Cannes Grand Prix winner, gave voice‑loss patients a digital identity, blending creativity with social impact....
TH International Ltd (THCH) Q4 2025 Earnings Call Transcript
Gentherm reported record automotive new‑business awards of $2.2 billion, including $485 million in Q4, while revenue rose 2.9% to $1.5 billion. Adjusted EBITDA fell to $175 million (11.7% margin) as material costs and footprint realignment weighed on profitability. The company outlined 2026 guidance of...
United CEO Has Pitched Possible Combination with Rival American
United Airlines CEO Scott Kirby has floated a possible merger with rival American Airlines, a deal that would create the world’s largest carrier and combine more than a third of the U.S. domestic market. Kirby, a former American executive, raised...
GH Bank Aims to Elevate Operations with Digital Upgrade
GH Bank, Thailand’s state‑owned housing lender, is launching a digital transformation under new CEO Mahatma Ampornpisit, built around five strategic pillars that embed AI, data analytics, and employee development. The plan seeks to accelerate loan processing, improve asset quality, personalize...
Southwest CEO: We Have a 20% Cost Edge on American, Delta, and United
Southwest Airlines CEO Bob Jordan told investors that the carrier’s operating costs are about 20% lower than those of American, Delta and United. The advantage stems from Southwest’s single‑aircraft fleet and point‑to‑point network, which keep maintenance and scheduling expenses down....
Audacy Denver Bets On Mile High Sports’ Lundy For Afternoons
Nate Lundy, President and CEO of Mile High Sports, is joining Audacy Denver’s sports talk station The Bet 1430 (KAMP‑AM) for weekday afternoons. Lundy brings more than 35 years of radio and television experience, including 16 years covering Denver sports....
Xbox CEO Called Game Pass 'Too Expensive for Players' In a Leaked Memo
Xbox’s newly appointed CEO Asha Sharma circulated an internal memo warning that the Game Pass subscription has become too expensive for many players. The memo follows two price hikes in the past 15 months that pushed the service to $15‑$30...
Flipkart Elevates Sharon Pais To The Role Of Myntra Head
Flipkart has promoted long‑time executive Sharon Pais to head of its fashion marketplace Myntra, succeeding Nandita Sinha who will transition out over the coming months. Pais, a former chief business officer, will report to group CEO Kalyan Krishnamurthy, while Kapil...
Xbox CEO Says Game Pass Is “Too Expensive” And Needs Changes in Leaked Internal Memo
Xbox’s new chief Asha Sharma told staff that Game Pass pricing is too high and must be reworked. The memo follows a recent 50% price hike that lifted Game Pass Ultimate to $29.99 per month, prompting subscriber backlash. Microsoft is...
Inside Washington Spirit’s Plan to Deliver Profitability Within Three Years
Washington Spirit CEO Kim Stone is targeting profitability within three years, building on a 66% revenue jump to $19.6 million and record ticket and sponsorship growth. The club’s season‑ticket base expanded 70% and corporate partnerships rose 50% year‑over‑year, while star forward...
This ‘Faceless’ Fro-Yo CEO Allegedly Scammed 2 MLB Teams for Nearly $1 Million
Steven Delaportas, the CEO of French frozen‑yogurt brand Cremily, allegedly defrauded two Major League Baseball teams of nearly $1 million. Cremily, launched in early 2022, marketed a lactose‑free, health‑focused treat and pledged proceeds to women‑empowerment causes. Delaportas’s past includes felony convictions,...
MBI Brands Taps New President to Lead Next Phase of Strategic Growth and Global Expansion
MBI Brands, the parent of Mary Brown’s Chicken and Fat Bastard Burrito, has named Karen Tam as its new President. Tam, who joined the company in July 2025 as CFO and Chief Development Officer, will steer overall strategy and daily...
Hootsuite Founder Ryan Holmes Returns as Interim CEO
Hootsuite founder Ryan Holmes has stepped back into the CEO chair on an interim basis, replacing Irina Novoselsky who departed after three years. The board framed the transition as a move from a position of strength, noting the company is...
Goldman CEO: Scale Eclipses Geopolitical Concerns in M&A
Goldman Sachs reported a 19% jump in first‑quarter profit to $5.63 billion, driven by a 22% rise in global banking revenue to $12.74 billion and a 48% surge in investment‑banking fees. CEO David Solomon said the urge to scale through mergers and...
Circle CEO Says He Won’t Freeze USDC without a Court Order Even as Hackers Walk Away with Millions
Circle CEO Jeremy Allaire reiterated that the company will only freeze USDC wallets when directed by a court order or law‑enforcement request, rejecting real‑time intervention during hacks. Critics, citing incidents such as the recent $280 million Drift Protocol exploit, argue that...