CEO

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Pilots Say They Were Groped by LaCroix Water CEO

Lawsuits accuse Nick Caporella of 'unwanted touching'

(Newser) - National Beverage Corp. CEO Nick Caporella is 82 and still pilots the company's business jet—but two other pilots say he can't keep his hands to himself when he's in the cockpit. The male pilots have filed lawsuits in the last two years accusing Caporella of "...

'Biohacker' CEO Found Dead in Flotation Tank

Aaron Traywick injected himself with experimental treatment

(Newser) - A "biohacker" CEO who sought to cure diseases and prolong lives with experimental gene therapies has died at just 28. Aaron Traywick, CEO of Ascendance Biomedical, was found dead Sunday in a flotation tank in a Washington, DC, spa room, Live Science reports. Police say they are investigating the...

CEO Sings 'Unfortunate' Song Before Interview, Apologizes

Sainsbury's head Mike Coupe was filmed singing 'We're in the Money'

(Newser) - As far as gaffes go, it's pretty priceless: A CEO waiting to discuss his company's new $10 billion deal in an ITV News interview was filmed singing "We're in the Money." Mike Coupe, the head of Sainsbury's supermarkets, was captured quietly singing, "We'...

Backpage CEO Wraps Up '3-State Guilty Plea Tour'

Carl Ferrer will testify against co-founders, face max of 5 years in Arizona

(Newser) - A laundry list of high-level staffers at Backpage.com are facing money laundering and facilitating prostitution charges , with one top executive now agreeing to testify against the rest of them. Per the AP , CEO Carl Ferrer has struck a plea deal in which he'll admit guilt to state and...

Search Ends for Quiksilver CEO Lost at Sea

Police will now search beaches for clues

(Newser) - A search for missing Boardriders CEO Pierre Agnes has ended with no sign of the 54-year-old father of three, who is now presumed dead. Agnes had been fishing off the southwest coast of France early Tuesday when he told port authorities his return would be delayed because of thick fog,...

Quiksilver CEO Went Fishing. Only His Boat Came Back

Pierre Agnes' boat was washed ashore in France

(Newser) - The CEO of surfwear brand Boardriders, which recently changed its name from Quiksilver, was declared missing at sea Tuesday after he went fishing off the coast of France—and only his boat came back. The French coast guard says it has launched a search and rescue operation for 54-year-old Philip...

It&#39;s Official: Uber Has a New CEO
Uber Gains a
'Scared' CEO
Aug 30, 2017 9:10 AM CDT

Uber Gains a 'Scared' CEO

Dara Khosrowshahi is leaving Expedia to lead ride-sharing company

(Newser) - Uber's board has indeed made its "truce choice" for a new CEO. Per Recode , Dara Khosrowshahi, who's helmed Expedia since 2005, has officially been designated the new head of Uber after former CEO Travis Kalanick's drama-filled June resignation . Khosrowshahi penned a memo to his Expedia staff...

Uber Finds 'Truce Choice' for New CEO

Job will be offered to Expedia's Dara Khosrowshahi

(Newser) - After weeks of rumors that ousted Uber CEO Travis Kalanick's successor would be Meg Whitman, GE's Jeffery Immelt, or even Kalanick himself , the company's board has finally made a decision. Sources tell the Wall Street Journal and the BBC that after Immelt ruled himself out over the...

Uber Wants Female CEO, Has 3 Dudes in the Running

No women appear to want to take on ride-sharing company beset by sexism woes

(Newser) - After what the Washington Post calls "copiously combing through binders full of women across corporate America" in a search for a woman CEO to repair its sexist image, Uber has apparently come up with three names—all of them white guys. Rejected by the likes of Sheryl Sandberg , Meg...

Most-Loved CEOs Aren&#39;t Who You Think
Most-Loved
CEOs Aren't
Who You Think
Jun 21, 2017 11:33 AM CDT

Most-Loved CEOs Aren't Who You Think

Elon Musk comes in at No. 8

(Newser) - It's not much of a surprise that Travis Kalanick was left off Glassdoor 's list of the top 100 CEOs, based on opinions from the employees they manage. But what may come as a surprise are those on the top of the list, who inched past Mark Zuckerberg...

Ford's New CEO: Guy Who Helped Turn Around Michigan Football

Mark Fields is out, Jim Hackett is in

(Newser) - Mark Fields' tenure as Ford Motor CEO is coming to an end after just three years, during which the company's shares plunged 40%. The New York Times details various bumps in his road: recent safety recalls, the discarded plan to build a $1.6 billion plant in Mexico, Q1...

Philip Morris CEO Wants to Stop Selling Cigarettes 'Soon'

Andre Calantzopoulos' master plan: to replace them with 'smokeless' alternatives

(Newser) - Philip Morris has launched its IQOS smokeless cigarette in the UK, adding to the product's presence in more than a dozen other markets overseas, including Japan and Italy, City AM reports. The cigarette alternative heats up just enough tobacco without burning it to create a vapor, leading to a...

Tech CEO in Hot Water for Threatening Trump

'Bring it secret service' has indeed brought Secret Service to PacketSled's Matt Harrigan

(Newser) - Passions ran high on election night, but perhaps too much so for the CEO of a San Diego cybersecurity startup. Per the Los Angeles Times , Matt Harrigan of PacketSled put up a now-deleted series of heated comments on Facebook (still visible in apparent screen captures on Reddit ) as the...

The Undoing of Priceline's CEO: Affair With an Employee

Darren Huston resigns, won't get severance

(Newser) - The chief executive of Priceline has now become a member of what the Wall Street Journal calls a "not-very-exclusive club" of CEOs "toppled by relationships with employees." Darren Huston has resigned from the online travel company—which also includes Kayak, OpenTable, and Booking.com—effective immediately after...

CEO Upped Salaries to $70K. But Were His Reasons Pure?

Karen Weise of Bloomberg Businessweek takes a hard look at Dan Price

(Newser) - This spring, Seattle-based Gravity Payments CEO Dan Price became an instant sensation when he announced that he would be cutting his roughly $1 million salary to ensure that all 120 of his employees would be paid a minimum salary of $70,000. "It’s not about making money; it’...

CEO of Ralph Lauren: No Longer Ralph Lauren

He hands position off to Old Navy exec

(Newser) - Ralph Lauren is handing off his CEO title of the fashion and home decor empire that he founded nearly 50 years ago. The New York-based company announced Tuesday that Stefan Larsson, who has been the global president of Gap's low-price Old Navy chain for three years, will take on...

Volkswagen CEO Resigns
 Volkswagen CEO Resigns 
Sep 23, 2015 10:19 AM CDT

Volkswagen CEO Resigns

Martin Winterkorn can't survive the growing scandal

(Newser) - Volkswagen's CEO is out as the company reels from its emissions-cheating scandal. Martin Winterkorn announced the decision today, reports CNBC , and no successor has been named yet. The move comes as class-action lawsuits have begun popping up around the country by angry buyers of the company's diesel vehicles,...

CEO Sells Company, Gives Employees 'Life-Changing' Bonus

The average bonus works out to $237K

(Newser) - The founder of one of Turkey's most successful brands, the food delivery company Yemeksepeti, in May sold his 15-year-old company to Germany's Delivery Hero for $589 million. He's quite literally sharing the wealth: $27 million is going to 114 of the company's 370 employees. "Yemeksepeti'...

Best Boss Ever? CEO Gives Workers $1.5M of Own Stock

'Enjoy being an owner of the company,' says Bobby Frist

(Newser) - It was just another day at the office yesterday for 600 employees at Nashville health care company HealthStream—that is, until they received a welcome surprise via a video message sent to their cellphones. In it, CEO Bobby Frist announced that as of late August, they'll all be part-owners...

Twitter's CEO Is Gone Amid Sluggish Growth

Dick Costolo leaves July 1, though company did not explain why

(Newser) - Dick Costolo is stepping down as CEO of Twitter after about five years. The company announced the news in a press release but provided no explanation. CNBC doesn't sound shocked, however: "Many investors and analysts have called for a shakeup amid a sluggish run for Twitter's stock,...

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