Management

Netflix, Inc. (NASDAQ: NFLX) Chief Financial Officer David Wells confirmed Monday morning he will be leaving his role at the streaming video company and plans to focus on philanthropy. What Happened Wells, a 14-year veteran of Netflix and CFO since 2010, will hold on to his post until a suitable...

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk made a new blog post Monday morning shedding some light on his controversial proposal to take Tesla private at a price of $420 per share. What Happened After initially providing no details on the potential sources of the funding that would be needed to...

Weight Watchers International, Inc. (NYSE: WTW) shares were trading lower by more than 4 percent early Tuesday after the company's earnings report showed a slowdown in subscriber growth. What Happened Weight Watchers' second-quarter earnings report did show an 18-percent rise in revenue...

PepsiCo, Inc. (NASDAQ: PEP) shares gained more than 1 percent Monday morning after the company confirmed CEO Indra Nooyi will step down Oct. 3. The 62-year-old executive has been with PepsiCo for 24 years and will remain in her position until early 2019. She will be replaced by Ramon...

The CBS Corporation (NYSE: CBS) board decided Monday to retain CEO Les Moonves while independent investigators probe sexual harassment claims. “This board is in a pickle,” Keach Hagey of the Wall Street Journal said on CNBC. “This board is in big trouble.” A Les-Focused CBS...

CBS Corporation (NYSE: CBS) plunged 7 percent Friday on reports of sexual misconduct allegations against CEO Leslie Moonves. What Happened Ronan Farrow, the journalist whose Harvey Weinstein investigation inspired the #MeToo movement that toppled executives across U.S. industries,...

The strong earnings report issued last week by CSX Corporation (NASDAQ: CSX) is reverberating through the quarterly release of class 1 railroad earnings, which is now at an end. Last week, CSX reported an operating ratio of 58.6 percent. Wednesday, in its own second quarter earnings report, Norfolk...

In 2009, in the midst of the global financial crisis, after Daimler washed its hands of the bankrupt Chrysler and pulled out of the DaimlerChrysler joint venture — and as Cerberus was desperately trying to peddle its struggling asset — Fiat’s fearless leader stepped...

Canadian National Railway (NYSE: CNI) pricing was up between 4 and 4.4 percent in the second quarter compared to the second quarter of 2017, and the executives on the company's second quarter earnings conference call say they're OK with the fact that it wasn't higher. "We have to...

At FreightWaves we've been scouring economic data for any sign that the Trump administration's recent tariffs imposed on Canadian, European, and Chinese goods are actually harming the economy. So far, so good: U.S. industrial production, retail sales, and demand for transportation are all...

Fiat Chrysler Automobiles NV (NYSE: FCAU) took a tumble after losing its legendary leader sooner than expected. CEO Sergio Marchionne's retirement plan was widely known and a succession plan was already in progress Saturday when the company announced Marchionne's worsening health...

Fiat Chrysler Automobiles NV (NYSE: FCAU) announced Saturday that outbound CEO Sergio Marchionne, who had been phasing out of his 14-year leadership, wouldn't return to his role after suffering complications from surgery. The board appointed Mike Manley, the former head of Jeep and Ram who had...

Goldman Sachs Group Inc (NYSE: GS) confirmed Tuesday it has appointed President and co-COO David Solomon to succeed Lloyd Blankfein as CEO and chairman of the board. The transition had been expected since Solomon first seized sole company presidency in March, but a formal announcement hadn't...

Roadrunner Transportation Systems Inc. (NYSE: RRTS) has hired an outside adviser to review its goodwill-heavy capital structure. In a prepared statement release Wednesday morning, the company said it had "engaged" Barclays Capital to provide advice "regarding the company's...

Jim Chanos aside, the Street has had a hankering for Dunkin Brands Group Inc (NASDAQ: DNKN). Still, the shop intends to sweeten its appeal with a fresh topping. Dunkin announced Wednesday that it appointed David Hoffmann, the president of Dunkin’ Donuts U.S., to succeed Nigel Travis as CEO....