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Management Moves
Nikola CEO Michael Lohscheller Steps Down
Michael Lohscheller has stepped down due to a family health matter, and Chairman Steve Girsky has taken over as CEO of the electric-vehicle maker. Source
Steve Wynn Agrees to Stay Out of Nevada's Gambling Industry
The former casino magnate has agreed to an effective ban from Nevada’s gambling industry in a settlement over his alleged sexual misconduct against former employees.
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
Union Pacific Picks New CEO
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link
Wayfair’s Chief People Officer Named to Fill Top Marketing Role
What to Read Next Source link
Chevron Waives Retirement Age for CEO Mike Wirth
The oil giant reported higher-than-expected profit in the second quarter. Source link
Elliott Takes Big Stake in Drugmaker Catalent
The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link
Elliott Takes Big Stake in Drugmaker Catalent
The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link
Sequoia Partner Michael Moritz to Leave Venture Firm After 38 Years
What to Read Next Source link