By Tatiana Bautzer NEW YORK, Jan 18 (Reuters) – Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank’s sweeping overhaul, according to two sources familiar with the situation, as it eliminated more leadership roles this week. In separate conversations, managers in markets, risk and investment banking were […]
Tag: CEO
Fresno Mission CEO sitting on a bench for 24 hours to bring awareness to homelessness
FRESNO, Calif. (KGPE/KSEE) – A Fresno man is sitting on a bench for 24 hours to try and raise awareness about the issues surrounding homelessness. Matthew Dildine is the CEO of Fresno Mission, headquartered here on Dakota and Blackstone Avenues. How you can support the unhoused in Kings County He says this fundraiser is to […]
Google CEO tells employees to expect more job cuts this year
(Reuters) – Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported on Wednesday, citing an internal memo. Pichai said in the memo that the layoffs this year were focused on removing layers to simplify execution and drive velocity in some areas, according to the […]
Google CEO tells employees to expect more job cuts this year
(Reuters) – Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported on Wednesday, citing an internal memo. Pichai said in the memo that the layoffs this year were focused on removing layers to simplify execution and drive velocity in some areas, according to the […]
Former Sarasota Chamber CEO files to run for seat on Sarasota County Public Hospital Board
Kevin Cooper, a former Army sergeant and current vice president for communications and strategic initiative at Mote Marine Laboratory and Aquarium, recently filed paperwork to run for Seat 2 on the Sarasota County Public Hospital Board. Hospital Board Chairman Tramm Hudson, the current occupant of that at-large seat, does not plan to seek another term. […]
Atos CEO Quits After Three-Month Stint Over Strategy Dispute
(Bloomberg) — Atos SE appointed Paul Saleh to replace Yves Bernaert as chief executive officer, following a disagreement between the board and the outgoing leader on a turnaround strategy for the embattled technology company. Most Read from Bloomberg Bernaert joined Atos in October from Accenture Plc to oversee the group’s turnaround, including refinancing, but said […]
French tech group Atos names new CEO and delivers cash flow warning
By Sudip Kar-Gupta PARIS (Reuters) -French technology company Atos named Paul Saleh as its new chief executive on Monday and warned that free cash flow would be slightly below its initial target for the second half of the year, sending its share price tumbling. Atos said Saleh, currently chief financial officer, would become CEO – […]
3M’s CEO is set to score a $26 million pension while the company freezes plans for non-union employees
It seems like a pathway to comfortable retirement is a luxury saved for those at the top in today’s economy—at least if you work at 3M. After freezing its pension program for non-unionized workers, the conglomerate company known for manufacturing Post-its, command strips, and tape is tacking more money into its CEO’s benefit package. Earlier […]
Broadcom CEO Is More Excited Than Ever About AI Chips, Says Analyst
Technology Street Notes By Tae Kim Jan 12, 2024, 12:12 pm EST Share Reprints In this article AVGO GOOGL SOXX Broadcom’s future looks bright thanks to soaring demand for artificial-intelligence semiconductors, according to Bernstein. Continue reading this article with a Barron’s subscription. View Options
Nvidia’s CEO Warned Everyone Over a Decade Ago
In this video, I will talk about Nvidia (NASDAQ: NVDA), more specifically what its CEO said in 2011, how that turned out, and a look at some more recent announcements. *Stock prices used were from the trading day of Jan. 11, 2024. The video was published on Jan. 12, 2024. Should you invest $1,000 in […]
Delta tops Q4 expectations, CEO says 2024 ‘off to a flying start’
Delta Air Lines looks set to reach cruising altitude following the travel industry’s post-pandemic ascension — even after pilot contract negotiations and a calculated capacity restoration effort. Here’s how the airline operator performed during the holiday travel quarter: Adjusted net income: $828 million vs $758 million expected (according to consensus estimates compiled by Bloomberg) Adjusted […]
Here’s what Boeing’s CEO told his employees about the Alaska Airlines 1282 incident
Boeing CEO Dave Calhoun says Friday’s Alaska Airlines incident involving a Boeing 737 Max 9’s door separating from the plane mid-air “shook me to the bone.” “I didn’t know what happened to whoever was supposed to be in the seat next to that hole in the airplane,” Calhoun said during a town hall with Boeing […]