Management

Intel Corporation (NASDAQ: INTC) CEO Brian Krzanich resigned Thursday and was immediately supplanted by CFO Robert Swan as interim CEO. After five years in leadership, Krzanich, who also resigned from the board of directors, had been found to have violated Intel policy by having a past consensual...

Amazon.com, Inc. (NASDAQ: AMZN), Berkshire Hathaway Inc. Class A (NYSE: BRK-A) (NYSE: BRK-B) and JPMorgan Chase & Co. (NYSE: JPM) are making strides in their joint plan to transform U.S. health care. The trio announced Wednesday the appointment of Dr. Atul Gawande as CEO of their new company....

Amid announcements of layoffs and reorganization, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk spent about $25 million on 72,500 shares of the company Tuesday and Wednesday, according to a Securities and Exchange Commission filing.  That brings Musk’s stake to 33,737,921 shares worth more than...

In a new op-ed for the Wall Street Journal, Berkshire Hathaway, Inc. (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett and JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon appealed for radical changes to the way public companies disclose financial information. The two business gurus said quarterly...

The Street reacted to athenahealth, Inc (NASDAQ: ATHN) CEO Jonathan Bush's resignation and the company's pursuit of strategic alternatives with unmistakable enthusiasm. The 8.5-percent stock pop resonated strongly with one of the company’s most bullish analysts. The Rating...

Amid a storm of sexual misconduct allegations against its top executive and a takeover attempt by Elliott Management Corp., Athenahealth, Inc (NASDAQ: ATHN) announced Wednesday the immediate resignation of Jonathan Bush as president and CEO and the exploration of strategic alternatives, including a...

After 40 years at Starbucks Corporation (NASDAQ: SBUX), founder Howard Schultz announced he is leaving the company later this month. Starbucks stock dipped 3 percent Tuesday following the announcement, and several Wall Street firms weighed in on the potential impact on the coffee chain. Here’...

Starbucks Corporation (NASDAQ: SBUX) executive chairman Howard Schultz, who had led the company’s expansion from a single shop to a global chain, announced late Monday he will resign from his role June 26. Myron Ullman, former chairman and CEO of J C Penney Company Inc (NYSE: JCP), will...

Petroleo Brasil ADR (NYSE: PBR), commonly known as Petrobras, plunged 13.5 percent Friday on news that CEO Pedro Parente resigned. “My presence as CEO has stopped being positive,” Parente wrote in his resignation letter. The announcement followed a morning meeting between the executive...

Today, Stacey Cunningham becomes the first female president of the New York Stock Exchange and the second woman, just behind Nasdaq’s Adena Friedman, to head a major U.S. exchange. The industry, the media and even Intercontinental Exchange call Cunningham’s ascension a feat for women...

Destination Maternity Corp (NASDAQ: DEST) was trading up 14.5 percent in Thursday's pre-market session after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan...

General Electric Company (NYSE: GE) stock traded lower by more than 7 percent Wednesday after CEO John Flannery said he is not expecting any profit growth from GE’s power unit in 2018. What Happened At the annual Electrical Products Group conference in Florida on Wednesday, Flannery...

Marvin Ellison, credited by Bloomberg with playing a vital role in Home Depot Inc (NYSE: HD)'s turnaround, was named as Lowe's Companies, Inc. (NYSE: LOW)'s new CEO Tuesday.  What Happened Ellison left Home Depot to serve as J C Penney Company Inc (NYSE: JCP) CEO-...

United Airlines (NYSE: UAL) wholly owned subsidiary United Airlines announced Gerry Laderman as the acting Chief Financial Officer following the resignation of Andrew Levy. United Airlines will soon begin looking for Levy's permanent replacement. Laderman was hitherto serving as the...

Campbell Soup (NYSE: CPB) CEO Denise Morrison announced unexpectedly her decision to retire on Friday. Board Member Keith McLoughlin, former CEO of Electrolux AB, was named interim replacement. The company also reported earnings for the third quarter. EPS beat consensus estimates, coming in at 70...