Management

The CEO of Heartland Express, Inc. (NASDAQ: HTLD) defended the company's strategy Thursday in a phone interview with FreightWaves, saying that some analysts who are critical of the company's approach "don't understand our story." CEO Michael Gerdin said Heartland is "...

Over the last five years, Sears Holdings Corp (NASDAQ: SHLD)'s stock has fallen nearly 100 percent. Now, near it’s seeming nadir, Sears continues to plummet. What Happened On Monday, management declared Chapter 11 bankruptcy and announced an immediate CEO change for the 126-year-old...

General Electric Company (NYSE: GE) kicked off the month by deposing CEO John Flannery. By unanimous vote, Larry Culp succeeded the former chief just one year into his reign. The following day, J C Penney Company Inc (NYSE: JCP) named Jill Soltau CEO after Marvin Ellison left in May. GE surged up...

Love him or hate him, Treasury Secretary Steven Mnuchin may be the best and last hope for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors. Mnuchin’s ability to assemble a “dream team” of cooperators as heads of Fannie Mae...

Longtime Square Inc (NYSE: SQ) CFO Sarah Friar confirmed Wednesday she will step down from her post to assume the CEO title of Nextdoor, a social network for local neighborhoods. Square's stock sold off more than 15 percent Thursday. Here's a summary of how some of the Street's top...

Long-serving railroad man led BNSF through acquisition by Berkshire Hathaway. BNSF announced that former chief executive Matthew Rose will retire from a his role as executive chairman of the largest freight railroad in the U.S. effective next April. Rose, 58, was named chief executive of BNSF in...

General Electric Company (NYSE: GE) has a new CEO. H. Lawrence Culp, Jr. will replace John Flannery, effective immediately. The executive shuffle helped boost GE's stock about 7 percent Monday as the company is now led by "one of the best" industrial executives, according to...

A management shift involving the most senior members of General Electric Company (NYSE: GE) was announced Monday, boosting the stock higher by nearly 15 percent in premarket trading. What Happened GE said its board of directors unanimously voted to remove John Flannery as chairman and CEO...

Instagram co-founders Kevin Systrom and Mike Krieger confirmed Monday they are quitting their post under the parent company Facebook, Inc. (NASDAQ: FB). It's a "push come to shove moment," according to CNBC's Jim Cramer. What Happened Systrom and Krieger represented "much...

Social media giant Facebook, Inc. (NASDAQ: FB) promised Instagram co-founders autonomy as part of the 2012 acquisition -- a pledge that reportedly wasn't kept which led to their resignation. What Happened Instagram co-founders Kevin Systrom and Mike Krieger resigned Monday and didn't offer...

It’s not just Tesla, Inc. (NASDAQ: TSLA) bears that are paying attention to CEO Elon Musk’s questionable behavior in 2018. Loup Ventures analyst and Tesla bull Gene Munster has become increasingly impatient with Musk’s missteps and is now calling for his removal as Tesla...

JPMorgan Chase & Co. (NYSE: JPM) buyers hardly blinked Wednesday when CEO Jamie Dimon posited his prospects in elected politics. "I think I could beat [President Donald] Trump," Dimon said during a morning event. "Because I'm as tough as he is, I'm smarter than he is. I...

After spending plenty of money on investment in the last 10-plus years, the nation's class 1 railroads are basically standing still. That was the sobering view presented by John Schmitter, a former railroad executive who now heads his own consultancy, KEP LLC. Addressing the 2018 FTR...

CBS Corporation (NYSE: CBS) CEO Les Moonves' departure could be followed by long period of limited upside, according to UBS. The Analyst UBS analyst John Hodulik downgraded CBS from Buy to Neutral and lowered the price target from $72 to $60. The Thesis Moonves' exit creates...