Latest Executive changes News

Ralph Hamers, new CEO of Swiss Bank UBS, gestures during a press conference in Zurich, Switzerland, Thursday, Feb. 20, 2020. Dutchman Ralph Hamers will replace Sergio Ermotti, who is still UBS boss, on Nov. 1, 2020. (Walter Bieri/Keystone via AP)

UBS picks new CEO with track record in digital banking

Feb. 20, 2020 9:27 AM EST

GENEVA (AP) — Shares in bank UBS climbed almost 3% on Thursday after the Swiss firm announced the appointment of a new chief executive who has experience in developing digital business in finance. Zurich-based UBS said that Ralph Hamers, who is currently the head of Dutch bank ING Group, will join the...

FILE - This April 25, 2016, file photo shows the top of the Tribune Tower on Michigan Avenue in Chicago. Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media, the Chicago-based company said in a statement Monday, Feb. 3. 2020. (AP Photo/M. Spencer Green, File)

2 top execs stepping down at publisher Tribune amid turmoil

Feb. 18, 2020 8:32 PM EST

Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, andgrapples with a decline in revenue as the print-ad business shrinks. The Chicago-based company, which owns the Chicago Tribune, New York Daily...

DuPont chairman assuming duties of CEO

Feb. 18, 2020 6:25 PM EST

WILMINGTON, Del. (AP) — DuPont Co. said Tuesday that its executive chairman is assuming the duties of CEO. Ed Breen will replace Marc Doyle as chief executive effective immediately, the company said. The move is part of a plan to tap Breen's management experience and speed up improvements in DuPont's...

Venezuelan President Nicolas Maduro gives a press conference at Miraflores presidential palace in Caracas, Venezuela, Friday, Feb. 14, 2020. Maduro said Friday that authorities haven’t detained opposition leader Juan Guaido because the courts haven’t ordered it, but he warned: “It will come.” (AP Photo/Ariana Cubillos)

US sanctions Russian oil trading firm for role in Venezuela

Feb. 18, 2020 3:22 PM EST

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country. Administration officials said...

Oregon state Sen. Jeff Golden speaks to demonstrators opposed to a plan to build a natural gas pipeline and marine export terminal in Oregon, at the Department of State Lands in Salem, Ore., Tuesday, Feb. 4, 2020. Golden said he expects the battle to go to the courts if the Trump administration tries to ram the project through despite denials of state permits. Demonstrators held signs depicting salmon, which environmentalists say are among fish species that would be impacted by the proposed 230-mile (370-kilometer) feeder pipeline and export terminal. (AP Photo/Andrew Selsky)

Trump appointees weigh plan to build pipeline in Oregon

Feb. 14, 2020 5:17 PM EST

SALEM, Ore. (AP) — Thursday was the day that a federal agency had been expected to make a decision on a proposed natural gas pipeline and marine export terminal in Oregon, and both opponents of the project and the Canadian energy company behind it awaited word from Washington. But Thursday came and went,...

FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)

Chief executive at MGM Resorts says he'll step down

Feb. 12, 2020 7:36 PM EST

LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...

FILE - In this June 7, 2019, file photo, provided by NASA, NASA Chief Financial Officer Jeff DeWit speaks during a news conference in New York. DeWit is stepping down as chief financial officer at NASA, leaving a job he accepted nearly two years ago after helping run President Donald Trump's 2016 election campaign. DeWit said Wednesday, Feb. 12, 2020, he will return to Arizona and has no plans to seek another elected office.( Bill Ingalls/NASA via AP, File)

Ex-Arizona treasurer to step down as NASA CFO to return home

Feb. 12, 2020 5:13 PM EST

PHOENIX (AP) — Former Arizona state Treasurer Jeff DeWit is stepping down as chief financial officer at NASA, leaving a job he accepted nearly two years ago after helping run President Donald Trump’s 2016 election campaign. DeWit said Wednesday he will return to Arizona and has no plans to seek...

FILE - In this Wednesday, Nov. 20, 2019, file photo, U.S. Ambassador to the European Union Gordon Sondland testifies before the House Intelligence Committee on Capitol Hill in Washington, during a public impeachment hearing of President Donald Trump's efforts to tie U.S. aid for Ukraine to investigations of his political opponents. President Donald Trump has ousted Sondland, who gave damaging testimony in impeachment inquiry.  (AP Photo/Andrew Harnik, File)

Payback: Trump ousts officials who testified on impeachment

Feb. 8, 2020 10:28 AM EST

WASHINGTON (AP) — Exacting swift punishment against those who crossed him, an emboldened President Donald Trump ousted two government officials who had delivered damaging testimony against him during his impeachment hearings. The president took retribution just two days after his acquittal by the Senate....

President Donald Trump speaks at the North Carolina Opportunity Now Summit, at Central Piedmont Community College, Friday, Feb. 7, 2020, in Charlotte, N.C. (AP Photo/Evan Vucci)

Trump airs impeachment gripes while pushing economic agenda

Feb. 7, 2020 3:46 PM EST

CHARLOTTE, N.C. (AP) — President Donald Trump came to North Carolina on Friday to showcase a new economic revitalization program, but he quickly took a verbal detour to reprise complaints about his impeachment by the House, saying Democrats should have to list a “failed impeachment hoax” on...

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.  Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. A person briefed on the matter says that automotive President Joe Hinrichs will retire from the company.   Farley, president of new business and strategy, will become chief operating officer. The person didn't want to be identified because the moves haven't been formally announced. Ford has scheduled a conference call with reporters for later Friday, Feb. 7, 2020 (AP Photo/Richard Drew, File)

Ford top automotive executive retires in management shake-up

Feb. 7, 2020 12:43 PM EST

DETROIT (AP) — Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. The Dearborn, Michigan, company says that automotive President Joe Hinrichs will retire effective March 1. Jim Farley, president of new business and strategy, will...