CEO

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Ex-Blue Bell Chief Indicted in Listeria Case

Paul Kruse is accused of trying to cover up 2015 outbreak

(Newser) - In 2015, three people died and seven others were infected in four states in a listeria outbreak tied to Blue Bell Creameries ice cream. Now, a Texas grand jury has charged the former CEO and president of the company, accusing him of leading attempts to conceal the contamination. CNN Business...

Guy Accused of Beheading Tech CEO Boss Makes His Plea
Guy Accused
of Beheading
His Boss Had
'Mystery' Date
the rundown
Jul 19, 2020 3:40 PM CDT

Guy Accused of Beheading His Boss Had 'Mystery' Date

Tyrese Haspil's attorneys ask the public to 'keep an open mind'

(Newser) - The executive assistant who allegedly dismembered his boss this week has pleaded not guilty to second-degree murder, CNN reports. Tyrese Haspil, 21, who apparently has no criminal record, is accused of decapitating and cutting up tech entrepreneur Fahim Saleh at the CEO's Manhattan condo. "We are in the...

After Grisly CEO Murder, Cops Think They Have Their Man

Police believe Tyrese Devon Haspil, 21, may have killed Fahim Saleh over discovery of embezzlement

(Newser) - An arrest has been made in the gruesome Manhattan murder of 33-year-old tech entrepreneur Fahim Saleh. Two officials tell the New York Times that 21-year-old Tyrese Devon Haspil, Saleh's personal assistant, was taken into custody Friday morning and is expected to be charged with second-degree murder, as well as...

CEO Says US Is 'Blessed' to Have Trump, Spurs Boycott

#Goyaway started trending soon after Robert Unanue's remarks at White House

(Newser) - President Trump held a roundtable at the White House Thursday, which included a signing of an executive order on his Hispanic Prosperity Initiative. Among the Latino supporters in attendance was Robert Unanue, CEO of Goya Foods, said to be the largest Hispanic/Latino-owned food company in the US—and it's...

Tech CEO Apologizes for 'Appalling' Racist Rant

'This was clearly a moment where I lost control'

(Newser) - A tech company CEO has apologized for his shockingly racist rant against an Asian family in a northern California restaurant. Michael Lofthouse, founder and CEO of San Francisco cloud computing company Solid8, was captured on video saying: " Trump's gonna f--- you. You f------ need to leave! You f------...

Twitter CEO: I Skip Breakfast, Lunch Every Day

Jack Dorsey talks more on his intermittent fasting habits, disputes rumor on his sauna/ice bath habit

(Newser) - People have a lot of questions about Twitter, and about CEO Jack Dorsey in particular, and on Tuesday, the 43-year-old social media leader tried to answer some of them. Wired has the video interview , and one of the questions that came in via the platform he oversees wanted to know...

737 Max Controversy Costs Boeing CEO His Job

Dennis Muilenburg resigns effective immediately

(Newser) - Boeing will have to recover from its escalating trouble with the 737 Max under the leadership of a new CEO. Dennis Muilenburg is resigning effective immediately, reports the AP . As the Wall Street Journal reports, Muilenburg has taken much criticism for his handling of the aftermath of two fatal crashes...

Slack Messages Doom CEO of Luggage Startup
Startup CEO's 
Slack Messages
Did Her In
in case you missed it
Dec 14, 2019 3:00 PM CST

Startup CEO's Slack Messages Did Her In

Steph Korey stepping down from luggage company Away after 'Slack bullying' revealed in Verge report

(Newser) - Last week, an explosive expose by the Verge focused on Away, a luggage startup that ex-employees claimed hid a "toxic work culture," despite a cheerful public-facing message of travel and inclusion. In this "cutthroat culture," workers were said to work "exceedingly long hours" and pressured...

WeWork's CEO Had an 'Exit Plan.' Then the Door Closed

Inside the rise and fall of WeWork

(Newser) - A little more than a year before Adam Neumann was ousted as WeWork's CEO and exited very, very rich , he thought he was about to become very, very, very rich. As Gabriel Sherman writes in a lengthy piece for Vanity Fair , Neumann had what Sherman terms an "escape...

Fired McDonald's CEO Will Get $670K Golden Handshake

Company's top HR exec is also leaving

(Newser) - Fired CEO Steve Easterbrook is getting a golden handshake from the Golden Arches. The McDonald's CEO will receive around $670,000 from the company, which is half his annual salary. But according to a separation agreement filed Monday, Easterbrook will forfeit almost $22 million in unvested stock options, USA ...

McDonald’s CEO Is Fired Over Consensual Relationship

Steve Easterbrook was ousted on Friday

(Newser) - Steve Easterbrook was CEO of McDonald's on Friday. Now he's out of a job after the company caught him having a consensual relationship with a colleague, the Wall Street Journal reports. Easterbrook didn't publicly disagree: "This was a mistake," he said in an email to...

A Defense of Elizabeth Holmes
A Defense
of Elizabeth
Holmes
in case you missed it
Oct 19, 2019 3:00 PM CDT

A Defense of Elizabeth Holmes

Vilified former Theranos CEO is a genuine 'visionary,' argues John Tamny

(Newser) - She is perhaps the most vilified CEO—now former CEO—in the country. But in a lengthy analysis at RealClearMarkets , the site's editor stakes out a strong defense of Theranos founder Elizabeth Holmes . "My take is that with time Holmes will be vindicated as a visionary whose main...

Tech CEO Found Dead Thought She Was 'in the Matrix'

Dad faults police, says search for Erin Valenti wasn't a priority

(Newser) - The father of a tech CEO found dead in the back seat of a rental SUV in a quiet area of San Jose, Calif., is claiming a "charade" of a police search. Cops began searching for Erin Valenti, CEO of Utah-based app development company Tinker Ventures, after she missed...

CEO Raising Everyone's Salary to at Least $70K

The process will be finished in 2024

(Newser) - When Gravity Payments bought Boise, Idaho, firm ChargeItPro three years ago, the lowest-paid employees made $24,000 a year. That soon went up to $40,000—and Gravity CEO Dan Price says it will be $70,000 by 2024. To mark the opening of a new Boise Gravity office, which...

Report: WeWork Directors Want to Oust Eccentric CEO

Adam Neumann could be pushed out Monday

(Newser) - Directors at office-sharing company WeWork are considering kicking eccentric co-founder Adam Neumann out of the CEO's office, insiders say. Sources tell the Wall Street Journal that a group of directors—including some linked to Japanese conglomerate SoftBank, the company's biggest investor—want him ousted to salvage an IPO...

Nearly 20 Years After Enron Scandal, Ex-CEO a Free Man
A Famous CEO Villain
Is Out of Prison
Feb 22, 2019 10:23 AM CST

A Famous CEO Villain Is Out of Prison

Enron's Jeffrey Skilling was released from federal custody on Thursday

(Newser) - He spent a dozen years behind bars for his role in the Enron scandal. Now, the energy company's former CEO is once again a free man, per Reuters . The Bureau of Prisons says that Jeffrey Skilling—who'd been convicted in 2006 on charges of securities fraud, insider trading,...

After Bizarre Posts, Founder of Skincare Brand Dead at 40

Brandon Truaxe was ousted at Deciem after 'outrageous' online behavior

(Newser) - A genius with a troubled mind: Brandon Truaxe, founder of the skin care company Deciem, died on Sunday after months of bizarre online posts. The company did not disclose the cause of death, though police in Toronto said they had recovered the body of somebody who had fallen from the...

Fiat Chrysler Had No Idea CEO Had Been Ill So Long

Sergio Marchionne had been receiving treatment for 'serious illness' for more than a year

(Newser) - The illness and death of Fiat Chrysler's fast-charging, unconventional CEO may have seemed sudden and surprising to many, but Sergio Marchionne was apparently sick for longer than anyone—even his employer—knew. That news comes to the Wall Street Journal from University Hospital Zurich, which notes Marchionne had a...

'He Saved Our Company': Fiat Chrysler CEO Dies at 66

Sergio Marchionne passed away after complications following shoulder surgery

(Newser) - "Who the hell is this guy?" was an analyst's reaction to Sergio Marchionne when the latter joined the auto industry in 2003. Fifteen years later, Marchionne has earned a description from the Wall Street Journal as "one of the last larger-than-life car-maker CEOs," though that comes...

Papa John&#39;s Founder Resigns as Chairman
Papa John's
Is Now
Papaless
Jul 12, 2018 12:36 AM CDT

Papa John's Is Now Papaless

Founder John Schnatter resigns as chairman

(Newser) - Papa John's says founder John Schnatter has resigned as chairman of the board. The company made the announcement late Wednesday, hours after Schnatter apologized for using a racial slur during a conference call in May, the AP reports. The apology came after Forbes cited an anonymous source saying the...

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