Latest Executive changes News
Second City CEO steps down amid claims of racism at theater
LOS ANGELES (AP) — Andrew Alexander, the CEO and co-owner of famed The Second City improv theater, said he is stepping down after a former performer leveled accusations of racism against the comedy institution. In a lengthy letter posted on the company’s website, Alexander said he “failed to...
The Latest: 400 German managers, workers returning to China
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Two United Nations peacekeepers serving in Mali have died...
Simon & Schuster names Jonathan Karp as new CEO
NEW YORK (AP) — Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces Carolyn Reidy, who died two weeks ago. Karp, who joined the company in 2010, most recently served as president and publisher of Simon...
France deploys $8.8 billion to rescue ailing car industry
PARIS (AP) — France’s government is injecting more than 8 billion euros ($8.8 billion) to save the country’s car industry from huge losses wrought by virus lockdowns, and wants to use the crisis to make France the No. 1 producer of electric vehicles in Europe. Starting next week, consumers...
Pence visits Georgia cafe that reopened despite virus
NORCROSS, Ga. (AP) — Vice President Mike Pence on Friday praised Georgia’s decision to quickly reopen businesses during the coronavirus outbreak during a visit to the state that included lunch with the governor at an Atlanta café that had resumed dine-in service. “We just went out to...
My 'decision to make': Trump defends criticized use of drug
WASHINGTON (AP) — President Donald Trump emphatically defended himself Tuesday against criticism from medical experts that his announced use of a malaria drug against the coronavirus could spark wide misuse by Americans of the unproven treatment with potentially fatal side effects. Trump's revelation a day...
Democrats protest removal of Transportation watchdog
WASHINGTON (AP) — Congressional Democrats are protesting President Donald Trump's decision to remove the Transportation Department's acting inspector general, the latest in a string of actions by Trump to fire or replace government watchdogs. The Democratic chairs of three House panels on Tuesday demanded...
Video app TikTok names top Disney streaming exec as new CEO
TikTok, the popular short-video app that has also drawn national-security and privacy concerns, has a new high-profile CEO from Disney, Kevin Mayer. Mayer will also be chief operating officer of TikTok's Chinese parent company, ByteDance, and report to its founder and CEO, Yiming Zhang, the company announced...
Alibaba's Jack Ma quits board of Japan's struggling SoftBank
TOKYO (AP) — Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. Tokyo-based SoftBank announced Ma's resignation Monday, ahead of releasing financial results. It...
Prominent surgeon Gawande steps down as health venture CEO
A health care venture created by three corporate giants to attack some of the system’s biggest flaws has lost its high-profile CEO. Harvard professor and author Dr. Atul Gawande is stepping down as chief executive of Haven, which was created in 2018 to improve care for employees of Amazon, Berkshire...
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