executives

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Airport Chief Hurt in Shootout With ATF Agents
Airport Chief
Shot During ATF
Gunfight Dies
UPDATED

Airport Chief Shot During ATF Gunfight Dies

It's still not clear what agents were looking for

(Newser) - The Arkansas airport director shot by federal agents who were serving a search warrant on his home early Tuesday has died, the airport announced Thursday. Bryan Malinowski, 53, "was a 16-year employee of the airport," the chair of the Little Rock Municipal Airport Commission said in a statement...

Ex-Disney CEO: Working There Was '3 Years of Hell'
Ex-Disney CEO: Working
There Was '3 Years of Hell'
THE RUNDOWN

Ex-Disney CEO: Working There Was '3 Years of Hell'

CNBC reports on friction between former chief Bob Chapek, former/current chief Bob Iger

(Newser) - When Bob Chapek assumed the leadership mantle at Disney in early 2020, it was no secret there was some friction between himself and former CEO Bob Iger—and in late 2022, the Disney board fired Chapek amid criticisms of his management, and Iger came out of retirement and reassumed his...

More Twitter Safety Execs Flee Twitter
More Safety Execs
Flee Twitter

More Safety Execs Flee Twitter

AJ Brown, platform's head of brand safety and ad quality, steps down right after Ella Irwin

(Newser) - First Ella Irwin, Twitter's second head of trust and safety under Elon Musk, resigned earlier this week. Now, two more safety executives at the company are stepping away as well, leaving many wondering what this means for the platform's future with advertisers. Sources tell the Wall Street Journal ...

3M Fires Top Exec Weeks After Promotion

Company cites 'inappropriate personal conduct'

(Newser) - 3M has fired prominent company executive Michael Vale due to "inappropriate personal conduct and violation of company policy," the maker of Post-it notes, industrial coatings, and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. He worked at...

After a Break, Oligarchs Start Dropping Like Flies Again

3 Russian businessmen mysteriously die over weekend, including one who fell from hotel window

(Newser) - It's been a while since the murky death of a Russian oligarch or other high-profile exec has made headlines, but this month saw that streak broken. Per the BBC , 65-year-old sausage magnate Pavel Antov, who's topped Forbes' list of the richest Russian businessmen, was found dead Sunday at...

Russia's Latest Odd Death: Exec Who Fell 'From a Great Height'

Putin ally Anatoly Gerashchenko, 72, died falling down stairs

(Newser) - There's been a fall out of a private yacht , a fall out of a sixth-story hospital window , and now, a fall down a flight of stairs. Anatoly Gerashchenko is the latest high-profile Russian executive and Putin ally who's met what Insider calls an "accidental or untimely" demise,...

Russian Bigwig Found Dead After Boat Fall
Another Russian
Exec Takes a Fall

Another Russian Exec Takes a Fall

Ivan Pechorin, described as a Putin ally, may have been drunk when he fell into Sea of Japan

(Newser) - An executive helping to oversee development in Russia's Far East has become at least the ninth Russian businessman to be found dead since the start of this year. Ivan Pechorin, an aviation director with the Corporation for the Development of the Far East and the Arctic (KRDV), fell from...

Sandberg's Exit Comes Under Shadow of Company Probe
Sandberg's Exit Comes Under
Shadow of Company Probe
THE RUNDOWN

Sandberg's Exit Comes Under Shadow of Company Probe

As Meta looks into alleged misuse of company resources, others debate her legacy

(Newser) - As the dust starts to settle on the Wednesday announcement of Sheryl Sandberg's farewell as chief operating officer of Facebook, now known as Meta, the inevitable "But why, really?" is being bandied about. Sandberg, 52, will remain on the company's board of directors and has said she'...

They Were Sent Roaches, Funeral Wreath. Now, a Final Guilty Plea

Former eBay exec David Harville admits to harassing couple who published newsletter

(Newser) - A former eBay executive pleaded guilty Thursday to participating in a scheme to terrorize the creators of an online newsletter. David Harville, eBay's former director of global resiliency, is the final onetime eBay employee charged in the case to plead guilty, per the AP . Six others have admitted to...

Moderna's New CFO Was Ousted After One Day

Jorge Gomez will get $700K severance package

(Newser) - Moderna says David Meline, its former finance chief, will be returning to the role after an extremely short retirement. His successor, Jorge Gomez, became the vaccine maker's chief financial officer on Monday. He left the company on Tuesday after his former employer, dental products maker Dentsply Sirona, disclosed that...

Estee Lauder Exec Fired for Post Causing 'Widespread Offense'

Company says firing was due to John Demsey's Instagram post that featured the n-word

(Newser) - An Estee Lauder executive's 30-year stretch with the company has come to an end, after a social media post that the company says caused "widespread offense." CNN Business reports that John Demsey has been fired and will be exiting his job this week, after recent posts on...

Scholarship Cash Used to Pay for Exec's Dating Sites: Prosecutors

Mary Wickersham is also accused of using pageant scholarship funds for maid services, meals out

(Newser) - The Miss Florida Scholarship Program was designed to distribute funds to young women coming up through the beauty pageant world, but prosecutors say that for Mary Wickersham, an ex-executive director for the nonprofit, it was a personal piggy bank used to buy an array of goods and services for herself....

China to US Execs: Push Back Against Olympics Boycott

'The business community cannot make a fortune in silence,' official says

(Newser) - With the Winter Olympics now just two months away, China seems to be getting worried about calls to boycott the Beijing Games—and it has started putting pressure on American companies with close links to the country. In a video conference Tuesday, Chinese Vice Foreign Minister Xie Feng urged American...

The Zappos Visionary Was 'in Trouble' When He Died

Tony Hsieh, a grandiose dreamer, was indulging in extreme behavior

(Newser) - The visionary who co-founded Zappos fell into a spiral of extreme behavior—including drugs, alcohol, and self-starvation—before dying last month in a house fire, the Wall Street Journal reports. "Tony is in trouble," an insider warned one of Tony Hsieh's old friends. Indeed, people say Hsieh...

ABC News Cans VP Accused of Making Racist Remarks

After independent probe and administrative leave, Barbara Fedida won't be coming back

(Newser) - Last month, ABC News executive Barbara Fedida, who oversaw diversity initiatives at the company, was placed on administrative leave after a HuffPost article detailed "a long pattern of insensitive statements, including racist comments." Now Fedida won't be coming back. The Wall Street Journal reports that an outside...

6 Oil Execs Went to Venezuela in 2017. They Never Came Back

Families of the 'Citgo 6' say they're being held in jail by Maduro government on trumped-up charges

(Newser) - Six executives from Houston-based Citgo have reportedly spent 15 months jailed in Venezuela on what their families say are trumped-up corruption charges. As the Trump administration tries to unseat Venezuelan President Nicolas Maduro, the fate of the executives—five of them US citizens—lies in the balance, per the AP...

Ex-McKinsey Exec Held by Saudis Has Been Beaten: Report

Was Hani Khoja swept up in crackdown due to corruption or as political purge by crown prince?

(Newser) - Hani Khoja abruptly stopped posting to social media in the fall of 2017, with one of his last Instagram posts showing him at a Yankees game with his kids. The Wall Street Journal is now reporting on what apparently happened to the Saudi entrepreneur and former executive at US consulting...

Wells Fargo Grabs Back $75M From Ex-Execs

Former CEO John Stumpf to lose $28M more, Carrie Tolstedt $47.3M in stocks

(Newser) - New developments in the Wells Fargo sales scheme emerged Monday, with an investigative report from the bank's board noting that $75 million in compensation will be clawed back from two former executives, including ex-CEO John Stumpf , the New York Times reports. After a six-month probe into the scandal that...

Suicides in Swiss Business World Rock Nation's Rep

'I am tired' is common refrain of financial sector execs

(Newser) - Envision moving to Switzerland, and pleasant images of a moneyed high life may arise. But reality in the Swiss business world may not be in keeping with what Reuters calls the country's "picture postcard image," especially after a recent string of suicides among top executives there. Martin...

Apple Dumps Map-App Exec
 Apple Dumps 
 Map-App Exec 

Apple Dumps Map-App Exec

Scott Forstall gets the boot after software 'blunder'

(Newser) - Apple dropped two of its top executives today in the wake of embarrassing software mistakes and criticism over cuts in retail staffing, Reuters reports. Software chief Scott Forstall—once considered a future replacement for Tim Cook—will depart next year and remain as an adviser to Cook until then. Forstall...

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