Latest Executive changes News

FILE - In this Sept. 7, 1999 file photo, Viacom Chairman Sumner Redstone smiles during the announcement of a merger between CBS and Viacom in New York.  Redstone, the strong-willed media mogul whose public disputes with family members and subordinates made him a feared operator in Hollywood, died Wednesday, Aug. 12, 2020.  (AP Photo/Suzanne Plunkett)

Sumner Redstone, who built media empire including CBS, dies

Aug. 12, 2020 12:16 PM EDT

Sumner Redstone, who joined his family's drive-in movie chain in the 1950s and used it to build a vast media empire that included CBS and Viacom, has died. He was 97. Under his watch, Viacom became one of the nation’s media titans, home to pay TV channels MTV and Comedy Central and movie studio Paramount...

FILE - In this Feb. 5, 2020 file photo, Dhivya Suryadevara, executive vice president and Chief Financial Officer of General Motors, visits the trading floor of the New York Stock Exchange.  Suryadevara is leaving the automaker for the same position at Silicon Valley’s hottest startup, the software and mobile payment company Stripe.  (AP Photo/Richard Drew, File)

Rising star in Detroit departs suddenly for Silicon Valley

Aug. 11, 2020 6:36 PM EDT

SILVER SPRING, Md. (AP) — The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join the payments startup Stripe. A rising star in the auto sector, Suryadevara became GM's first female CFO in 2018 at the age of 39, and quickly...

FILE - In a July 26, 2017 file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange.  McDonald’s is suing Easterbrook, the former CEO, saying he lied about relationships with employees and destroyed evidence before he was fired from the company in 2019. McDonald’s fired Easterbook last November after he admitted to an improper relationship with an employee, with whom he exchanged videos and text messages.(AP Photo/Richard Drew, File)

McDonald's sues ousted CEO, alleging employee relationships

Aug. 10, 2020 1:52 PM EDT

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence. The company now wants to reclaim millions of dollars in compensation paid to...

FILE - In this March 5, 2009 file photo, former National Security Adviser Brent Scowcroft testifies on Capitol Hill in Washington. A longtime adviser to Presidents Gerald Ford and George H.W. Bush has died. Brent Scowcroft was 95. A spokesperson for the late President Bush says Scowcroft died Thursday of natural causes at his home in Falls Church, Virginia.  (AP Photo/Harry Hamburg)

Ford, Bush presidential adviser Brent Scowcroft dies at 95

Aug. 7, 2020 12:51 PM EDT

WASHINGTON (AP) — Brent Scowcroft, who played a prominent role in American foreign policy as national security adviser to Presidents Gerald Ford and George H.W. Bush and was a Republican voice against the 2003 invasion of Iraq, has died, a Bush spokesperson said Friday. He was 95. Scowcroft died Thursday...

Former U.S. Ambassador to Japan Bill Hagerty speaks at a polling place Thursday, Aug. 6, 2020, in Brentwood, Tenn. Hagerty and Dr. Manny Sethi are competing to become the GOP nominee in the race to replace retiring Republican Sen. Lamar Alexander. (AP Photo/Mark Humphrey)

Hagerty vs. Bradshaw in race to succeed US Sen. Alexander

Aug. 7, 2020 7:29 AM EDT

NASHVILLE, Tenn. (AP) — The race to succeed retiring U.S. Sen. Lamar Alexander in November will feature a matchup between a Republican candidate endorsed by President Donald Trump and a Black activist who pulled off an astonishing upset victory over the Democratic establishment's choice — with a...

President Donald Trump speaks during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020. Trump is in Ohio to promote the economic prosperity that much of the nation enjoyed before the coronavirus pandemic and try to make the case that he is best suited to rebuild a crippled economy. (AP Photo/Susan Walsh)

Playing electoral defense, Trump claims Biden opposes God

Aug. 6, 2020 10:08 PM EDT

CLEVELAND (AP) — President Donald Trump billed his trip to Ohio Thursday as a chance to promote economic recovery, but he quickly pivoted to a deeply personal attack on Joe Biden, even questioning without foundation the former vice president's faith in God. Even for a president known for his blunt...

FILE - This Feb. 29, 2020 file photo, National Rifle Association Executive Vice President and CEO Wayne LaPierre speaks at Conservative Political Action Conference, CPAC 2020, at the National Harbor, in Oxon Hill, Md.  New York’s attorney general is suing the National Rifle Association, seeking to put the powerful gun advocacy organization out of business over allegations that high-ranking executives diverted millions of dollars for personal benefit. The lawsuit filed Thursday, Aug. 6,  by Attorney General Letitia James followed an 18-month investigation into the NRA, which is a nonprofit group originally chartered in New York.(AP Photo/Jose Luis Magana, File)

New York attorney general seeks to dissolve NRA

Aug. 6, 2020 6:30 PM EDT

NEW YORK (AP) — New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for...

Virgin Australia planes are parked at terminal at Sydney Airport in Sydney, Wednesday, Aug. 5, 2020. Virgin Australia will cut about 3000 jobs as the airline struggles with the effects of the coronavirus pandemic. (AP Photo/Rick Rycroft)

Virgin Australia plans to shed staff under new US owners

Aug. 5, 2020 1:00 AM EDT

CANBERRA, Australia (AP) — Virgin Australia plans to scale down its operations under new U.S. owners and shed a third of its staff as the carrier adjusts to the pandemic, the nation’s second-largest airline said on Wednesday. The Brisbane-based company in April became the world’s largest...

FILE - In this March 28, 2018 file photo, Jim Farley, Jr. executive vice president and president of Global Markets of the Ford Motor Company, is shown in this photo during New York International Auto Show.  Farley will lead the storied automaker into the future starting Oct. 1 2020, when current CEO Jim Hackett retires. The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out new vehicles to replace what was an aging model lineup. (AP Photo/Richard Drew, File)

Ford COO Jim Farley to lead company, CEO Hackett to retire

Aug. 4, 2020 8:35 PM EDT

DETROIT (AP) — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective Oct. 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with...

President Donald Trump speaks during a meeting with U.S. tech workers, before signing an Executive Order on hiring American workers, in the Cabinet Room of the White House, Monday, Aug. 3, 2020, in Washington.(AP Photo/Alex Brandon)

Trump fires TVA chair, cites hiring of foreign workers

Aug. 3, 2020 7:11 PM EDT

WASHINGTON (AP) — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federally owned corporation for hiring foreign workers. Trump told reporters at the White House that he was formally removing chair Skip Thompson and another member of the...