Jayen Mehta, MD GCMMF Unanimously Elected as Chairman of SPCDF
Jayen Mehta, Managing Director of Gujarat Cooperative Milk Marketing Federation (GCMMF), was unanimously elected chairman of the Sardar Patel Co‑operative Dairy Federation (SPCDF) for a five‑year term. The election, held at AmulFed Dairy in Gandhinagar, also saw Sangram Chaudhary appointed vice‑chairman. SPCDF, launched by Union Minister Amit Shah in July 2025, aims to organize more than two million dairy farmers across 20,000 villages in 20 states. The federation’s board will include GCMMF representatives and three regional cooperative societies.
Executive Interview: Alexander Gumbs, CEO, Port St. Maarten Group
Alexander Gumbs, a native of St. Maarten, has led the Port St. Maarten Group as CEO since August 2021, overseeing a port that welcomes more than 1.5 million cruise passengers each year and ranks among the Caribbean’s busiest. The state‑owned, privately managed enterprise operates...
Larry Tenebaum’s Vision for In-Person Sales: How Smart Circle Built a Versatile Face-to-Face Acquisition Network
Smart Circle, under founder Larry Tenebaum, has turned face‑to‑face sales into a flexible broker network that connects major brands with independent field sales firms across the U.S. and Canada. By expanding beyond retail into door‑to‑door, B2B outreach, events and service‑based...
Why the Best Businesses Don’t Try to Be Everything to Everyone
Gregory Hold, CEO of Hold Brothers Capital, argues that the most successful companies avoid the temptation to serve every market and instead double‑down on their core strengths. Broad expansion often dilutes brand identity, slows decision‑making, and compromises execution quality. By...
Shuffle Board: Tracking Footwear’s Executive Steps and AGM Board Elects
Rack Room Shoes announced Mike Edwards as its new president and CEO, succeeding Mark Lardie after a 14‑year tenure. Genesco promoted longtime insider Ashley Randolph to vice‑president and chief accounting officer, emphasizing financial efficiency. At its AGM, H&M Group re‑elected chair Karl‑Johan Persson and...
Evolving Beyond Manufacturing: UTEC CEO Wael Gad’s Approach to Solution-Led Growth
UTEC, led by CEO Wael Gad, is transitioning from a traditional equipment manufacturer to a full‑lifecycle infrastructure partner for Saudi Arabia’s booming Vision 2030 projects. The company now offers design, installation, commissioning, maintenance, upgrades and turnkey execution across power, transport and...
Merged Reality: HBO Max & Paramount+ Are Set To Be United, What Does That Mean For Unscripted?
Paramount’s CEO David Ellison announced plans to merge HBO Max and Paramount+ into a single streaming service that would exceed 200 million subscribers. Parrot Analytics estimates the combined platform would capture 25.1% of unscripted‑content demand in Q1 2026, outpacing Hulu+Disney+, Netflix and...
Precision Neuroscience CEO on Medtronic Partnership, What's Next
Precision Neuroscience CEO Michael Mager announced a partnership with Medtronic to commercialize a reversible brain‑computer interface (BCI) that lets paralyzed users control digital devices with thought. The company has temporarily implanted 83 devices in volunteers under FDA clearance and is...
Intel’s Comeback Story Is Even Wilder than It Seems
Intel’s stock has rocketed 490% over the past year, reflecting Wall Street’s confidence in a potential turnaround. CEO Lip‑Bu Tan, who assumed the role in March 2025, has focused on high‑profile external deals—securing a sweetheart agreement with the U.S. government,...
Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts
Cenovus Energy posted a record Q1 2026 with net earnings of C$1.57 billion (≈$1.2 billion USD), a 19% rise in upstream output to 972,100 BOE/d, and a 10% dividend increase. CEO Jon McKenzie warned that Canada’s unresolved carbon‑pricing talks and a unique industrial carbon tax...
First Kimmel, Now 'The View': Disney Is Pushing Back Against Trump.
Disney’s new CEO Josh D'Amaro has shifted the company’s stance toward former President Donald Trump, moving from a conciliatory approach in 2024‑25 to a measured push‑back in 2026. The media giant filed a formal objection with the FCC, challenging the...
Enbridge CEO Says It's 'Game On' For Growth Amid Surging Energy Demand
Enbridge CEO Greg Ebel said the company is entering a "game on" phase as AI‑driven electricity use, rising power demand and geopolitical tensions lift the macro outlook for energy infrastructure. In the first quarter the pipeline operator green‑lit $2 billion of...
Sterling Realty Organization Appoints Executive Board Chairman, Names New President
Sterling Realty Organization (SRO) announced a leadership overhaul, moving President Tom Gilchrist to executive chairman and appointing Matthew Skager as the new president. The transition follows the retirement of longtime chairman David Schooler, who led the firm for over two decades....
PVH CEO Stefan Larsson’s Pay Tops $16M for 2025
PVH Corp. disclosed that CEO Stefan Larsson earned a total compensation package exceeding $16 million for 2025, the second consecutive year at that level. The bulk of the pay came from $12.2 million in stock awards, aligning his earnings with shareholder returns. Larsson...
Take-Two CEO Reflects on Unsustainable Video Game Production Costs as GTA 6 Nears Release
Grand Theft Auto VI is slated for a November 2026 launch with a development budget that has topped $1 billion, making it the most expensive game ever produced. Take‑Two’s CEO Strauss Zelnick told Bloomberg that such exponential cost growth is unsustainable, even for...
Porsche Shutters E-Bike, Battery, Software Subsidiaries as Part of Company Overhaul
Porsche announced the closure of three subsidiaries—Cellforce Group, eBike Performance, and Cetitec—affecting more than 500 employees. The move follows a sharp drop in sales across North America, China, and Europe, prompting a strategic refocus on its core automotive business. Porsche...
Vice News Is Coming Back (Though Not Quite Like It Was)
Vice Media founder Shane Smith is reviving Vice News as a streamlined digital outlet anchored by his "Shane Smith Has Questions" podcast and a pared‑down website. The relaunch leans heavily on brand partnerships, debuting with Adobe’s PDF Spaces tool to embed...
NEC Indonesia Appoints Akifumi Katano as President Director
NEC Indonesia announced that Akifumi Katano, a veteran of NEC Corporation since 1997, has been appointed President Director. Katano will steer the subsidiary’s operations and expansion, emphasizing high‑capacity connectivity, submarine cable projects, and IoT‑driven industrial solutions. The appointment dovetails with...
Ahold’s Q1 Sales Impacted by SNAP Cuts, Pharmacy Prices
Ahold Delhaize reported modest U.S. comparable‑store growth of 1.5% in Q1, but a 14.3% surge in online sales, its eighth straight double‑digit quarter. The company said SNAP benefit cuts, egg‑price deflation and the Inflation Reduction Act’s drug‑price changes erased 1.9...
Biosimilar Ramp-Up to Drive Growth for Biocon in FY27
Biocon is pivoting from a heavy‑investment phase to a profit‑driven model, banking on new biosimilar launches and scale‑up of recent products to fuel FY27 growth. Biosimilars already accounted for 60% of FY26 revenue, delivering 16% year‑on‑year top‑line growth and a...
Chrono24 Promotes Growth Officer José Gaztelu to CEO
Chrono24 has appointed its long‑time growth officer José Gaztelu as chief executive officer, ending his interim tenure that began in September 2025. Gaztelu, who previously held senior roles at Nextdoor, Domestika, Houzz and Zalora, will lead the platform’s next phase of expansion,...
Jumio, Socure, Signicat, ROC Add Execs Amid AI Fraud, Growth Push
A wave of senior appointments across the digital identity and biometrics sector underscores the urgency of AI‑driven fraud defense, commercial scaling, and regulatory compliance. Jumio named former Tempo Software CEO Mark Lorion as its new chief executive. Socure hired Chung‑Man...
Alliance Studios to Close After 7 Years of Creating Branded Experiences Within Fortnite
Alliance Studios announced its shutdown after seven years of crafting branded environments, games, and live events inside Fortnite Creative. Founded by CEO Mackenzie “MackJack” Bell, the studio grew to 20 salaried staff and delivered over 100 games that amassed more...
‘New Citi’ Makes Its Pitch
Citi used its first full investor day in four years to showcase a transformed, technology‑driven business model while still operating under two Federal Reserve and OCC consent orders. CEO Jane Fraser highlighted a modernized tech stack, $5 billion of self‑funded investments...
Lee Jeans up for Sale in Surprise Kontoor Move
Kontoor Brands announced that it is putting its Lee denim label up for sale after designating the brand and its $195 million Q1 revenue as discontinued operations. The move follows strong buyer interest and is intended to free resources for Wrangler...
RingoFire Ups Franklin To President, Agency Joins RareOne
RingoFire, a social‑first ecommerce agency, promoted Marne Franklin to president to broaden its social content and retail marketing capabilities. Franklin brings five years as SVP marketing and strategy at RingoFire and prior CEO experience at uncommn, along with senior roles...
Eversource CEO: ‘We Are Resisting Data Centers’
Eversource Energy CEO Joe Nolan told investors the utility will actively resist new data‑center development in its New England service area, warning that such loads would push wholesale electricity prices higher. The company reported ISO‑NE wholesale prices rising to $112.71...
What Intermountain’s CEO Didn’t Anticipate About Its Epic EHR Launch
Intermountain Health completed the largest single‑site Epic EHR rollout in September 2024, migrating all 34 hospitals and 400 clinics at once rather than in phases. CEO Rob Allen chose the “big‑bang” approach to avoid a multi‑year fragmented transition that would...
Wendy’s Bets Order Accuracy and Clean Stores Will Revive Sales
Wendy’s reported a 7.8% same‑store sales decline in Q1, marking the fifth consecutive quarter of drops. The chain is accelerating Project Fresh by expanding menu‑item label printers to over 85% of locations and launching a “White Glove” cleanliness program, which...
Inside Beardbrand’s Expansion Plan
Beardbrand, the 15‑year‑old direct‑to‑consumer grooming brand, is confronting a revenue plateau and intensified competition. Founder Eric Bandholz outlines a growth plan that triples Meta ad spend, taps TikTok creator affiliates, and tests a $300 ultra‑premium beard trimmer. The company is revising...
Post Holdings CEO to Step Down
Post Holdings announced that President and CEO Robert Vitale will step down on Oct 1, 2026, remaining as executive chairman. Nicolas Catoggio, the company’s COO and former head of Post Consumer Brands, will assume the CEO role. Vitale’s tenure saw revenue climb...
Maersk Mulls Potential Red Sea Return as Hopes Rise over US-Iran Deal
Maersk is weighing a restart of its Red Sea‑Suez Canal services as diplomatic momentum builds around a potential US‑Iran nuclear agreement. The carrier halted Red Sea transits in February 2024 after Houthi attacks escalated, forcing vessels onto longer routes around...
The Friday Checkout: Another Top Grocer Taps an Outsider as CEO
Ahold Delhaize announced that Thierry Garnier, the long‑time CEO of home‑improvement retailer Kingfisher, will replace Frans Muller as chief executive in April. This marks the first time the Dutch‑Belgian grocery giant has appointed an outsider since its 2016 merger. Garnier brings experience...
Everybody Wants to Rule the AI World
The Vergecast episode dissects the chaotic 2024 ouster of Sam Altman from OpenAI, spotlighting Mira Murati's deposition that revealed a board driven by informal text messages. It also covers OpenAI’s rumored push to launch a ChatGPT‑focused smartphone amid intense competition....
Post Holdings Promotes COO to US Group’s CEO
Post Holdings announced that COO Nicolas Catoggio will assume the role of president and chief executive on October 1, while current CEO Robert Vitale will become executive chairman. The transition follows a strong second‑quarter performance, with net sales climbing to...
STARZ Ending Pay-2 Deal with Universal
STARZ announced it will terminate its Pay‑2 licensing agreement with Universal, cutting off access to Universal’s film library after the studio’s Pay‑1 window. The deal, originally slated to run through 2028, is ending because Universal’s four‑month Peacock exclusivity and subsequent...
Evergy Expects Retail Sales to Rise up to 8% Annually on Data Center Growth
Evergy raised its retail‑sales growth forecast to 7‑8% annually through 2030, driven by a surge in data‑center and other large‑load customers. New electric service agreements have lifted total large‑load contracts to 2.5 GW, up from 1.9 GW three months earlier, with an...
CAPREIT Announces Retirement of CEO Mark Kenney; Board Appoints Brad Cutsey as Successor
CAPREIT announced that President and CEO Mark Kenney will retire on July 2, ending nearly three decades at the residential REIT. The board simultaneously appointed Brad Cutsey, former InterRent CEO, as his successor and new board member. Cutsey brings roughly 30 years of...
PJM Board Appoints David E. Mills as President and CEO
PJM Interconnection’s Board of Managers appointed David E. Mills as president and chief executive officer, effective May 1, 2026, making him the fifth permanent CEO. Mills, who served as interim CEO and board chair since January, brings extensive experience from Puget Sound...
2K Lay Off Staff at Project Ethos While Touting "a Renewed Direction and Vision" For Their By-the-Numbers Hero Shooter
Take‑Two’s 2K Games announced staff reductions at 31st Union, the studio behind the free‑to‑play Project Ethos. The cuts follow an internal memo from new studio head Ben Brinkman, who says the team must be streamlined to match a revised “skill‑based PvP roguelike”...
Jumia Leans on China Imports as Nigeria Becomes Top Market
Jumia is doubling down on Chinese-sourced inventory as it leans into Nigeria, now its biggest market, to hit profitability by the end of next year. International seller volume surged 87% year‑on‑year in Q1, led by China and Turkey, while revenue...
Natalie Holles' Next Move After Third Harmonic Shutdown; Mark Alles Passes the Torch at ADC Biotech
Natalie Holles rebounded quickly after the shutdown of Third Harmonic, securing the chief executive role at Aura Biosciences. The transition was disclosed in a GlobeNewswire release on May 4, 2026, as the company moves toward enrollment completion for its Phase‑3 COMPASS trial....
Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough
Lip‑Bu Tan took the helm of Intel in March 2025, inheriting a company lagging behind the AI chip race and a flat stock price for seven months. By courting the sector’s biggest players and winning the confidence of former President...
WSET’s Michelle Brampton on the Future of Drinks Education
Michelle Brampton, CEO of the Wine & Spirit Education Trust (WSET), outlined a sweeping modernization plan that includes a new global brand, hybrid learning, and digital certification. The rebrand to the simple "WSET" and the strapline "Global Drinks Education" reflects...
Micron Says AI Memory Shortage Could Last Until 2028
Micron CEO Sanjay Mehrotra warned that the AI‑driven memory shortage could persist until 2028 as demand for DRAM and NAND outpaces production capacity. AI‑related memory now accounts for more than half of the industry’s addressable market this year, while traditional...
ITWeb TV: Blu Label Targets Lower Cell C Shareholding
Blu Label Unlimited, the majority shareholder of South Africa’s fourth‑largest mobile operator Cell C, currently owns 53.57% of the telco and plans to cut its stake to 20‑30% over the next two to three years. The group wrote down a R5.5 billion...
WPP Shareholders Approve CEO Cindy Rose’s Potential $14.8M Pay Package
WPP shareholders have approved a new compensation plan for CEO Cindy Rose that caps her total annual pay at $14.8 million, up from the $10.8 million limit for her predecessor. The package includes a $1.7 million base salary (about £1.25 million) and performance‑linked bonuses....
Reckitt’s Kris Licht on Moving at ‘China Speed’
Reckitt, under CEO Kris Licht, has lifted Chinese revenue to almost £1 billion (≈$1.28 billion) as e‑commerce and social commerce now represent 80% of sales, up from 30% six years ago. The firm runs a 24/7 content‑production engine on platforms like Douyin,...
Microsure Receives CE Mark for MUSA-3 System and Appoints New CEO
Dutch medical‑technology firm Microsure announced that its MUSA‑3 robotic system has received CE mark approval, allowing the device to be used clinically across Europe. The clearance moves the company from development to a commercial medical‑device business focused on generating clinical...
FPB CEO Quits Three Months After Assuming Post
Advocate Norman Gidi resigned as CEO of South Africa's Film and Publication Board (FPB) just three months after taking the post, citing a competing job offer. Communications Minister Solly Malatsi confirmed the departure and appointed Makhosazana Lindhorst as acting CEO...