Management

McDonald’s Corp (NYSE: MCD) investors have voted in favor of a proposal for an independent civil-rights audit, Bloomberg reported. The civil rights audit was the only shareholder proposal to gain the backing of a majority of votes cast at McDonald’s annual meeting. About...

WeWork Inc (NYSE: WE) has appointed Andre J. Fernandez as Chief Financial Officer (CFO) effective June 10, 2022. This is the third time the co-working space operator has hired a finance chief since March 2020, the Wall Street Journal reported. Fernandez recently served as the...

Burlington Stores, Inc. (NYSE: BURL) reported a first-quarter FY22 sales decline of 12% year-on-year to $1.93 billion, missing the consensus of $2.04 billion. Comparable store sales decreased by 18%. The gross margin contracted by 230 basis points Y/Y to 41%. The total costs and...

Sonoco Products Co (NYSE: SON) stated that Julie Albrecht, who has served as VP and CFO since March 2019, will step down on June 30, 2022. Albrecht will remain in the CFO role through June end to ensure a smooth and orderly transition of responsibilities.  The company has...

The annual Time 100 Most Influential People list for 2022 contains names such as U.S. President Joe Biden, Ukrainian President Volodymyr Zelenskyy and Chinese President Xi Jinping. The list also has several CEOs and names connected to public companies. Here are several of the names on the...

Troika Media Group, Inc (NASDAQ: TRKA) appointed Erica Naidrich as the CFO, effective immediately. Christopher Broderick, previously CFO and COO, will remain as COO. Before joining Troika Media Group, Naidrich served as VP of Accounting and Controller for Madison Square Garden...

Tech stocks are tumbling as the Federal Reserve wrestles with inflation in what is expected to be the central bank's most aggressive tightening cycle in more than 40 years.  What To Know: On CNBC's "Squawk On The Street" Wednesday, Salesforce Inc...

McAfee Corp has appointed Greg Johnson as President and CEO, effective June 13.  Johnson succeeds Peter Leav, who will step down as the CEO. Johnson's appointment comes as part of its transition to a pure-play consumer protection company, which began following the...

Panoro Minerals Ltd. (TSXV: PML) (OTCQB: POROF) has appointed Michael Malana as Chief Financial Officer, effective June 1, 2022. Malana has over 20 years of experience and has held senior financial executive positions across several industries, including natural resources,...

Autohome Inc (NYSE: ATHM) reported a first-quarter FY22 revenue decline of 20.1% year-on-year to $232.1 million, beating the consensus of $209.2 million. In March, the mobile daily active users increased by 7.5% Y/Y.  Revenues from new energy vehicle (NEV) brands rose 156.1% Y/...

TPI Composites Inc (NASDAQ: TPIC) has appointed Ryan Miller as Chief Financial Officer, effective May 23, 2022. Miller will lead TPI's finance, accounting, and investor relations functions. Miller has served in various financial and investor relations roles at Rockwell Collins and...

Detroit-based Fathead announced that Big Moods’ cofounder Joey Rexford will join as CEO. The development comes as the high-quality sticker and accessory maker looks to position itself as an industry leader. Additionally, Fathead acquired a stake in Big Moods allowing it to tap into the...

Under Armour Inc (NYSE: UA) shares are trading lower Thursday after the company announced a CEO transition.  Patrik Frisk will step down as president, CEO and as a member of the board, effective June 1. "It has been the greatest privilege of my career to...

Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus Enanta's RSV Candidate Fails In Low-Risk Patient Population  Enanta Pharmaceuticals Inc's (NASDAQ: ENTA) EDP-938 failed to reduce the total symptom score compared to...

Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down. What Happened: Under Armour announced Wednesday that CEO Patrik Frisk is stepping down from his role of CEO, president...