13 Management Changes That Happened This Week


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Feeling just a little uneasy on Friday? Come on, admit it.

The uneasiness around Friday the 13th is so common that there's a word for it - paraskavedekatriaphobia!

Let's take a look at 13 management changes that got heads to turn (not literally) this week.

1. Credit Suisse Group AG (NYSE: CS) announced Thaim as its new CEO.

2. Investopedia, which is wholly owned by IAC/InterActiveCorp (NASDAQ: IACI), named David Siegel as its Chief Executive Officer.

3. BIND Therapeutics, Inc (NASDAQ: BIND) appointed Andrew Hirsch as its new President and CEO.

4. Chesapeake Utilities Corporation (NYSE: CPK) named James Moriarty as VP, General Counsel.

5. Google Inc (NASDAQ: GOOG) announced that its CFO Patrick Pichette has informed the company of his intent to retire, but will assist the company in searching for his successor.

6. The latest 8-K filing by Micron Technology, Inc (NYSE: MU) names Mark Adams Named as the interim CFO.

7. CTPartners Executive Search Inc (NYSE: CTP) named Sylavin Dhenin as its Chief Executive Officer.

8. Cocrystal Pharma, Inc (NASDAQ: COCP) announced that it had appointed Jeffery Meckler as its interim CEO.

9. American Airlines Group Inc (NYSE: AAL) named Cedric Rockamore as VP, Philadelphia.

10. Bloomin' Brands, Inc (NASDAQ: BLMN) appoints Gregg Scarlett as President of Bonefish Grill.

11. Fuel-Tech, Inc (NASDAQ: FTEK) named Vincent Arnone as President and CEO.

12. Popeyes Louisiana Kitchen, Inc (NASDAQ: PLKI) announced the appointment of John Merkin as COO-U.S.

13. Snapchat confirms the departure of COO Emily White.

Image credit: FAEF, Wikimedia


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: NewsManagement