JCB Billionaire to Hand Reins to Youngest Son in Blow to Apparent Heir
Lord Bamford, the 80‑year‑old founder of JCB, announced that his younger son George will succeed him as head of the digger manufacturer, bypassing elder son Jo who previously appeared poised to inherit. George has already been installed as deputy chairman, though the board‑level succession plan remains informal. The decision follows an alleged coup attempt by Jo, who now focuses on his clean‑energy venture Ryze Power. JCB, with a £6.5bn (~$8.2bn) turnover and 19,000 employees, stays a family‑run business amid UK inheritance‑tax reforms.
Pfeifer Retiring as AC Immune CEO — and More Biotech C-Suite Moves
Andrea Pfeifer is retiring after more than 23 years as CEO of AC Immune, the Swiss neurology biotech she co‑founded. She will remain on the board as honorary chair and co‑chair of the scientific advisory board, while chairman Martin Zügel...
Port of Montreal’s Former Commercial Chief to Return as CEO
The Montreal Port Authority announced that Paul Bird will return as president and chief executive on June 8, 2026. Bird previously served as the authority’s commercial officer from 2020 until his departure earlier this year. He is being tapped to steer...
People Moves: RIA Platform VestGen CEO Departs, Succeeded by CFO
VestGen Wealth Partners, a Chicago‑based RIA platform with $8.4 billion in assets under management, announced that founder‑CEO Josh Gerry will step down after less than two years. The firm’s president and CFO, Jason Hanavan, will take over as chief executive under...
Premier Health CEO to Retire in 2027
Mike Riordan, who became president and CEO of Premier Health in early 2022, announced he will retire in the first quarter of 2027. He committed to a five‑year tenure when he joined the Dayton, Ohio‑based system, which operates five hospitals...
MemorialCare Names Hospital CEO, Chief Medical Officer
MemorialCare Long Beach Medical Center appointed Gary Purushotham as CEO and Dr. Sapna Mehta, DO, as CMO, establishing a dyad leadership model. Purushotham previously led Detroit Medical Center Sinai‑Grace Hospital for nearly four years. Mehta, a Long Beach hospitalist for...
Anthony Attia
Anthony Attia, currently Euronext’s global head of derivatives and post‑trade, has been appointed chief executive of the Australian Securities Exchange (ASX) effective September 1 2026, succeeding Helen Lofthouse. At Euronext he led the expansion of the clearing business post‑Brexit and chaired Euronext...
Greg Brockman Officially Takes Control of OpenAI’s Products in Latest Shake-Up
OpenAI announced a corporate reorganization that officially places co‑founder and president Greg Brockman in charge of product strategy, expanding his remit beyond AI infrastructure. Brockman had been overseeing products on an interim basis while CEO of AGI deployment Fidji Simo...
Monterey Bay Aquarium Names New CEO; Seafish Hires Director of Operations
Monterey Bay Aquarium announced Jenny Gray as its new CEO, succeeding founder Nancy Burgermeister. Gray arrives after a 19‑year tenure leading Zoos Victoria and serving as president of the World Association of Zoos and Aquariums, positioning her to deepen the...
Piki Welcomes Olive Branch Extended by Lopez Majority
Tycoon Federico “Piki” Lopez welcomed a conciliatory gesture after the Lopez family majority withdrew a board resolution that would have removed him as president and CEO of Lopez Inc. The withdrawal opens a window for family talks, but legal battles...
The Boss Needs to Know
A major cola CEO returned from an overseas expansion to report a failed market entry, blaming a cultural misstep that reversed the intended advertising narrative. The article uses this story to illustrate a broader leadership lesson: expertise in a product...
Building An ‘AI First’ Accounting Powerhouse
Aprio CEO Richard Kopelman announced the firm’s transformation into an AI‑first accounting powerhouse, integrating generative AI tools across audit, tax, and advisory services. The firm has invested $120 million in proprietary AI platforms and partnered with leading cloud providers to automate...
Robert Fritz Named Four Seasons Chairman; Founder Moves to Emeritus Role
Four Seasons Hotels appointed Robert Fritz, a longtime Cascade Investment executive, as its new executive chairman, while founder Isadore Sharp moved to the role of chairman emeritus. Fritz, who has served as lead director on the board since 2022, will...
“There Is No Second Chance to Create a Good First Impression” – Heura Foods CEO Marc Coloma on the Plant-Based...
Heura Foods CEO Marc Coloma says the plant‑based sector offers no second chance to make a strong first impression, underscoring the brand’s push to stand out. The Spanish company is broadening its business model by launching its own private‑label products and...
Pemex Chief Executive Resigns, Financial Director Appointed to Role
Mexican President Claudia Sheinbaum announced that Pemex chief executive Victor Rodriguez will step down, appointing CFO Juan Carlos Carpio as his successor. Rodriguez’s tenure was limited to an 18‑month conditional term, and he will move to a role at the Institute...
Ajinomoto Foods North America Names Gardner As President, CEO
Ajinomoto Foods North America (AFNA) appointed Dave Gardner, its former chief supply chain officer, as president and CEO, succeeding Hiroshi Kaho who moved to a senior role at the Tokyo parent. Gardner brings over 35 years of food‑industry experience, including...
Du Pay Names Roberto Mancone CEO to Drive Fintech Expansion Strategy
du Pay, the digital financial services arm of UAE telecom operator du, has appointed Roberto Mancone as chief executive officer. Mancone brings more than 25 years of global fintech and digital‑banking leadership, most recently as CEO of BEYON Money in...
Q&A: Sergey Starkov, CEO, FCG OPS
Sergey Starkov, CEO of FCG OPS, outlined how the Latvian‑origin ground‑handling firm has grown into a global provider operating at more than 50 airports on three continents, driven by strategic acquisitions such as Astra Aviation and its proprietary ATOM platform....
Andrea Pfeifer Ends 23-Year Reign at AC Immune; Acadia's Top R&D Exec Announces Retirement
AC Immune announced that its chief executive, Dr. Andrea Pfeifer, will retire at the upcoming annual general meeting, ending a 23‑year tenure. The board will launch a search for a new CEO, marking the first time the company has sought a...
Prema Cognition Founder: Own Your Decisions
Julia Cooney, founder and CEO of Prema Cognition—a health‑tech startup developing early‑dementia detection—spoke to Founder‑in‑Five about leadership and fundraising. She argued that founders must own big decisions instead of over‑democratising, drawing on her shift from a clinical, consensus‑based mindset. Cooney...
Accounting for an Agentic Future at Xero - a Progress Report by CEO Sukhinder Cassidy
Xero reports that 2.6 million customers used at least one AI feature between April 2025 and March 2026, with generative‑AI users climbing to 513 k from 300 k in February. The company frames its next growth phase around "agentic AI," positioning its four‑layer platform—infra, data,...
Will the Exit of Rent the Runway’s Co-Founder Help or Hurt the Business?
Rent the Runway reported a strong fiscal‑year‑2025 fourth‑quarter, with revenue climbing 20% to $91.7 million and active subscribers rising 16% to 146,356. The rebound coincides with founder Jennifer Hyman’s unexpected resignation after 18 years, which sent the stock down 11%. Board member...
Foodstuffs South Island CEO Mary Devine to Step Down
Foodstuffs South Island (FSSI), New Zealand’s leading grocery cooperative, announced that CEO Mary Devine will step down at the end of 2026, concluding a five‑year tenure that began in November 2021. During her leadership, Devine drove a major technology overhaul,...
UK Fund Seeks Removal of Two Executives at Japan’s Wacom
A UK‑based activist fund, Asset Value Investors Ltd., has filed shareholder proposals demanding the dismissal of two senior executives at Japan’s pen‑tablet maker Wacom Co. The fund argues that recent strategic missteps and alleged misuse of corporate resources have eroded...
0x Co-Founder Will Warren Steps Down as Co-CEO
Will Warren, co‑founder of the 0x decentralized exchange protocol, has stepped down as co‑CEO while remaining a major shareholder and board member. Amir Bandeali now assumes sole leadership of the protocol, which processes billions of dollars in monthly on‑chain trading...
Alibaba Cloud Needs 10x Its 2022 Compute Capacity, Says CEO Eddie Wu
Alibaba Cloud announced it will scale its data‑center capacity to ten times its 2022 level, driven by explosive AI demand. The Cloud Intelligence Group posted $6.035 billion in quarterly revenue, a 38% year‑on‑year increase, with AI services contributing about $1.3 billion. CEO...
What Apple’s CEO Transition Got Right And Why Most Boards Overlook This Lesson
Apple’s orderly handoff from Tim Cook to John Ternus is being hailed as a model of CEO succession, but the smooth public announcement masks years of disciplined pipeline building, cultural oversight, and candid board‑CEO dialogue. The article argues that most...
David Lomelí Named General Director & CEO of the Dallas Opera
The Dallas Opera announced that David Lomelí will assume the role of Kern Wildenthal General Director and CEO on June 1, 2026, succeeding Ian Derrer. Lomelí brings a decade of senior artistic experience at Dallas Opera, plus recent leadership at Santa Fe Opera and...
Wacoal America’s New CEO on Running a Brand Worn by Many, Known by Few
Wacoal America, a long‑standing intimates maker, appointed James Wheatley as CEO in April and is now prioritizing brand awareness. The company plans to expand its small network of eight outlet‑mall stores, using them as a marketing platform rather than profit...
Honda CEO Tries To Distract From $5.7 Billion Annual Loss With Promise Of 15 New Hybrids And By Dropping 2040...
Honda posted a ¥414.3 bn ($2.59 bn) operating loss for FY2026, its first annual deficit since 1957, after a costly EV rollout. CEO Toshihiro Mibe announced the abandonment of the 2040 combustion‑free target and a new strategy to launch 15 hybrid models...
Solaris Appoints Riccardo Cornetto as Italy’s General Manager, Alberto Fiore Moves to Commercial Head
Solaris Italy has named Riccardo Cornetto as its new Managing Director, succeeding long‑time leader Alberto Fiore, who will remain as Commercial Director. The change is framed as a continuity move within the subsidiary’s management team. Solaris aims to leverage Cornetto’s internal experience...
How Krispy Kreme Is Making Its US Operations More Profitable
Krispy Kreme’s turnaround is gaining traction, with adjusted EBITDA up 38% and revenue guidance lifted to $1.25‑$1.35 billion. The company is shifting to an asset‑light model through refranchising, including a $90 million deal that makes a joint‑venture partner a minority owner, while...
CoAdvantage Appoints Jim Neve as Chairman and CEO, Brian Meharry as COO to Accelerate Next Phase of Growth
CoAdvantage announced Jim Neve as Chairman and CEO and Brian Meharry as COO, marking a leadership overhaul aimed at accelerating growth. Neve brings over three decades of sales and operations experience from ADP and FIS, while Meharry adds 35 years...
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Motor Finance Fintech Rupyy Appoints Sumit Singla as New CEO
CarDekho Group has named Sumit Singla as chief executive of its motor‑finance fintech arm Rupyy, succeeding co‑founder Namit Jain. Singla, formerly operating chief at Innovatiview and a veteran of Mastercard and IndusInd Bank, takes the helm immediately. Rupyy, rebranded in...
Aperam Recycling Appoints New CEO for North America
Aperam Recycling has appointed Evan Dyal as the new CEO of its North American unit, succeeding long‑time leader Chris Niles who is stepping down after 25 years. Dyal, a nearly 20‑year veteran of the business, will lead the Pennsylvania‑based operations...
Pharma Leaders Hope Next FDA Head Calms Waters
PhRMA chief Steve Ubl urged the incoming FDA commissioner to restore certainty after a turbulent period marked by Marty Makary’s resignation and staff cuts. Executives from Bristol Myers Squibb and other majors echoed the need for a stable regulator to...
Birkenstock CEO Oliver Reichert Says He’s Confident of the Future
Birkenstock reported Q2 2026 revenue up 7.7% to €618.3 million (≈$674 million) while net income slipped 22.1% to €81.9 million (≈$89 million). CEO Oliver Reichert said the brand remains confident despite Middle‑East conflict‑driven supply‑chain strains, higher energy costs and a temporary U.S. tariff exposure worth...
EXEC: Rapala VMC Posts 20 Percent Comp Exchange Growth in North America in Q1
Rapala VMC reported a solid start to 2026, posting 13% comparable‑exchange sales growth driven by new product launches and efficient supply‑chain execution. North America led the surge, with sales up 20% on a CE basis to €40.5 million (≈$44 million), while comparable...
People News From Virginia Port Authority, HDR and Koppers
Virginia Port Authority’s board unanimously appointed Sarah McCoy as its new CEO after she served as general counsel, chief administrative officer, and interim CEO. McCoy led the $1.4 billion Gateway Investment Program and renegotiated the Virginia International Gateway lease, positioning the port...
Rent the Runway Co-Founder Jennifer Hyman Steps Down as CEO
Rent the Runway co‑founder Jennifer Hyman announced she will step down as CEO, president, and board member after 18 years at the helm. Former Nordstrom chief merchant Teri Bariquit, who joined the RTR board in October 2025, will assume the role of...
Baldock 'Set for Top Job at Boots' As Potential IPO Looms - Report
Alex Baldock, the outgoing CEO of Currys, is slated to become Boots’ chief executive later this year, according to a Sky News report. The appointment would place him in charge of Boots’ pharmacy, retail, optician and No7 cosmetics divisions across...
Condé Nast CEO: Plan As If Search Traffic Will Be Zero via @Sejournal, @MattGSouthern
Condé Nast CEO Roger Lynch told his teams to plan as if search traffic were zero after three consecutive years of declines that outpaced forecasts. He said search now accounts for only a single‑digit percentage of total visits, with AI‑driven SERPs...
CGI Corp. Makes Sudden CEO Change
CGI Corp. announced a sudden leadership change, appointing COO Tim Hurlebaus as president and CEO effective immediately while longtime executive Francois Boulanger retires after less than two years at the helm. Hurlebaus brings 21 years at CGI and responsibility for...
Howden Appoints Alaric Lee CEO in Hong Kong
Howden announced that Alaric Lee will assume the role of Chief Executive Officer for its Hong Kong operations on July 1, 2026, succeeding Alfred Sham. Sham will relocate to Singapore to serve as Chief Strategy Officer, Asia, overseeing growth initiatives...
Delivery Hero CEO Niklas Ostberg Prepares to Step Down
Delivery Hero founder and CEO Niklas Ostberg will step down after 15 years, with a successor search slated to conclude by March 31 2027 and the transition completed by year‑end. The move aligns with a strategic review that emphasizes deeper market penetration,...
Cynthia Zhang Elevated to CEO of PHD China
Omnicom Media’s PHD agency has elevated Cynthia Zhang to CEO of its China operation. Zhang, a former COO with more than two decades in media and marketing, has been with PHD since 2021 and is credited with deepening client relationships...
Mayo Clinic to Undergo Leadership Transition, Honoring Dr. Gianrico Farrugia’s Transformational Impact
Mayo Clinic announced a leadership transition, with longtime CEO Dr. Gianrico Farrugia stepping down after five years to become chair of the board. Dr. John Noseworthy will assume the chief executive role on July 1, 2026. Farrugia’s tenure is credited...
Eagle Bancorp Hires Western Alliance Executive as Next CEO
Eagle Bancorp announced that Stephen Curley, a 16‑year veteran of Western Alliance, will become its president and chief executive officer on July 6, succeeding retiring chair Susan Riel. Curley previously served as Western Alliance’s chief banking officer, overseeing corporate finance, municipal...
Under Armour Sees Another Weak Year as North America Struggles, Shares Slump
Under Armour warned that fiscal 2027 revenue will likely slip, marking a fourth consecutive year of sales decline, and projected adjusted profit per share of just 8‑12 cents, far below the 23‑cent consensus. The company extended its restructuring program, now...
EBay Rejects GameStop’s Acquisition Offer
eBay’s board formally rejected GameStop CEO Ryan Cohen’s unsolicited proposal to acquire the marketplace, calling the offer neither credible nor attractive. Cohen valued eBay at about $55.5 billion but could only account for under $30 billion in funding, creating a sizable financing...