Latest Corporate management News

EU to negotiate major vaccine contract extension with Pfizer

Apr. 14, 2021 08:08 AM EDT

BRUSSELS (AP) — EU Commission chief Ursula von der Leyen announced plans Wednesday for a major contract extension for COVID-19 vaccines with Pfizer stretching to 2023. In a sign of confidence in a company that has been a mainstay of Europe's vaccination drive so far,...

Japan's Toshiba president steps down amid acquisition talks

Apr. 14, 2021 04:59 AM EDT

TOKYO (AP) — The president of Toshiba Corp. stepped down Wednesday, a week after the Japanese technology and manufacturing giant said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a...

MLB hires Brian Stedman from pro wrestling to head strategy

Apr. 13, 2021 10:56 AM EDT

NEW YORK (AP) — Major League Baseball reached into professional wrestling, hiring Brian Stedman as executive vice president of strategy and development. Stedman, 44, spent more than seven years at World Wrestling Entertainment, starting in 2013 as vice president of...

Appalachian Regional Healthcare names first female CEO

Apr. 13, 2021 04:32 AM EDT

HAZARD, Ky. (AP) — Appalachian Regional Healthcare has named Hollie Harris Phillips as its new president and chief executive officer. Phillips becomes the first woman to lead the not-for-profit health system that operates 13 hospitals in eastern Kentucky and southern...

Late president's book outlines vision for Japan's Nintendo

Apr. 12, 2021 22:55 PM EDT

TOKYO (AP) — Nintendo’s late president Satoru Iwata oversaw the video-game maker’s global growth as Super Mario and Pokemon became household names. “Ask Iwata” was published after his death from cancer in 2015 at age 55. This month, VIZ Media is publishing the...

Ecuador picks conservative for president; Peru sets runoff

Apr. 12, 2021 22:22 PM EDT

QUITO, Ecuador (AP) — Ecuador will be led for the next four years by a conservative businessman after voters rebuffed a left-leaning movement that yielded an economic boom and then a recession since taking hold of the presidency last decade. That election certainty, however, did not extend...

Biden names 2 ex-NSA officials for senior cyber positions

Apr. 12, 2021 19:04 PM EDT

WASHINGTON (AP) — President Joe Biden has selected two former senior National Security Agency officials for key cyber jobs in his administration, the White House said Monday in moving to fill out a team whose role has grown more urgent after two major hacks that have consumed the...

Biden tells execs US needs to invest, lead in computer chips

Apr. 12, 2021 15:42 PM EDT

WASHINGTON (AP) — President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader. “We need to...

CEOs gather to speak out against voting law changes

Apr. 11, 2021 23:51 PM EDT

More than a hundred top executives and corporate leaders gathered online this weekend to discuss their response to restrictive voting laws under consideration in several states and already enacted in Georgia, according to a statement from organizers of the meeting. The...

BJ's Wholesale CEO Lee Delaney dies unexpectedly at 49

Apr. 09, 2021 14:34 PM EDT

NEW YORK (AP) — Lee Delaney, president and CEO of BJ's Wholesale Club, died unexpectedly, the company said. Delaney was 49. The company said in a press release Friday that Delaney died of “presumed natural causes” on Thursday, but did not elaborate when asked for...