Latest Executive changes News

Founder's daughter named chair of fashion giant Inditex

Nov. 30, 2021 06:52 AM EST

MADRID (AP) — The daughter of the founder of Spanish clothing company Inditex, which owns Zara, Massimo Dutti and other fashion chains, has been named as the company's next chairperson. woman, the company said Tuesday. Inditex’s board of directors named Marta Ortega...

New Twitter CEO steps from behind the scenes to high profile

Nov. 29, 2021 19:03 PM EST

Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley's highest-profile and politically volatile jobs. But his prior lack of name recognition coupled with a solid technical background appears to be what some big...

New variant cause for concern, not panic, Biden tells US

Nov. 29, 2021 17:47 PM EST

WASHINGTON (AP) — President Joe Biden called the new coronavirus variant omicron a cause for concern but “not a cause for panic" Monday and said he was not considering any widespread U.S. lockdown. He urged Americans anew to get fully vaccinated, including booster shots, and return to...

Twitter CEO steps down, leaves company at a crossroads

Nov. 29, 2021 17:47 PM EST

Jack Dorsey is out of his post as Twitter’s chief executive for the second time in his career — this time, he says, by choice. Dorsey, who co-founded the company, offered no specific reasons for his resignation Monday beyond an abstract argument that Twitter, where...

Prime Automotive settles suit, selling dealerships for $880M

Nov. 24, 2021 09:14 AM EST

BOSTON (AP) — Massachusetts-based Prime Automotive Group has signed a $30 million settlement with ex-CEO David Rosenberg, who was fired after raising concerns about financial wrongdoing. The settlement last week cleared the way for Group 1 Automotive Inc. of Houston to...

Tennessee corrections leader to join criminal justice group

Nov. 24, 2021 04:07 AM EST

NASHVILLE, Tenn. (AP) — Tennessee Department of Correction Commissioner Tony Parker plans to join a nonprofit based on criminal justice reform next year after he leaves his state post. According to a 4th Purpose Foundation news release, Parker will join the...

Fernandez's son will replace her in Arizona House

Nov. 22, 2021 18:34 PM EST

YUMA, Ariz. (AP) — The son of a former Democratic lawmaker has been appointed to replace her in the Arizona House of Representatives. The Yuma County Board of Supervisors on Monday picked Brian Fernandez of Yuma to replace former Rep. Charlene Fernandez, who resigned...

Ethiopia's economy hit as major clothing maker closes shop

Nov. 19, 2021 11:29 AM EST

NAIROBI, Kenya (AP) — Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there because of the “speed and volatility of the escalating situation.” ...

Australia cricket captain resigns after "sexting" scandal

Nov. 19, 2021 02:50 AM EST

Tim Paine took over the Australian test cricket team captaincy following one of the country's biggest and most embarrassing international scandals. He's lost it following a more personal indiscretion. Paine quit as test captain on Friday after being...

GOP-majority court chosen to consider Biden vaccine mandate

Nov. 16, 2021 17:37 PM EST

Challenges to President Joe Biden's COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals, a panel dominated by judges appointed by Republicans. The Cincinnati-based court was selected Tuesday in a random drawing...