Latest Executive changes News

Solidarity behind Ukraine's Russia fight atop summit agendas

Jun. 24, 2022 14:06 PM EDT

WASHINGTON (AP) — Back-to-back world leader summits in Europe opening this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia's invasion and overcoming Turkey's opposition to NATO membership for Finland and Sweden. The Group of Seven leading...

Exec returns to Toyota as adviser after '15 arrest in Japan

Jun. 23, 2022 06:34 AM EDT

TOKYO (AP) — An American executive who resigned from Toyota after being arrested in Japan in 2015 on suspicion of drug law violations is back at the Japanese automaker, the company said Thursday. Julie Hamp has been hired by Toyota Motor Corp.'s North American operations to support...

Head of California wildfire victim trust fund resigns

Jun. 22, 2022 21:42 PM EDT

SACRAMENTO, Calif. (AP) — The head of a trust established to pay billions of dollars to victims of wildfires caused by Pacific Gas & Electric equipment is resigning even as payouts continue to lag. John Trotter, a retired California appellate court judge, announced Tuesday that...

2 Black executives leave Amazon amid changes in leadership

Jun. 21, 2022 18:30 PM EDT

Two Black executives at Amazon are leaving the company, the e-commerce juggernaut confirmed Tuesday, hours after CEO Andy Jassy named a new head for the company’s troubled retail business. Alicia Boler Davis, a senior vice president who oversees the company’s warehouses, and...

Starbucks head of North America business leaving company

Jun. 19, 2022 18:05 PM EDT

SEATTLE (AP) — Rossann Williams, Starbucks’ North America president who's been a prominent figure in the company's push against worker unionization, is leaving the company after 17 years. In a letter sent to Starbucks employees, whom the company calls “partners,” chief...

SpaceX reported to fire employees critical of CEO Elon Musk

Jun. 17, 2022 19:29 PM EDT

HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports. The reports published Friday cited an email from Gwynne...

Vince McMahon will step down during WWE misconduct probe

Jun. 17, 2022 11:11 AM EDT

Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization. McMahon will continue to oversee WWE’s creative content during the investigation, World Wrestling...

Musk aims to ease concerns in address to Twitter workers

Jun. 16, 2022 15:27 PM EDT

In an unusual move for what’s been an unusual takeover bid for Twitter by the world’s richest man, Tesla CEO Elon Musk met virtually with the social platform’s employees Thursday, even though his $44 billion offer has not yet been completed. "Trust is as trust does. I tend to...

Biden nominates Phoenix election attorney to 9th Circuit

Jun. 15, 2022 20:56 PM EDT

PHOENIX (AP) — President Joe Biden has nominated a prominent Arizona election attorney to the 9th U.S. Circuit Court of Appeals. The president announced the nomination of Roopali Desai on Wednesday. Desai has been at the center of virtually every major election case...

Cooling housing market prompts layoffs at Redfin

Jun. 14, 2022 14:57 PM EDT

SEATTLE (AP) — Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off. The Seattle Times reports CEO Glenn Kelman announced the layoffs Tuesday, telling employees, “With May demand 17% below expectations, we...