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Macy's CEO to Retire, Give Reins to Bloomingdale's Boss
The transition comes at a time of upheaval for retailers as high inflation pinches consumers and pushes up manufacturing costs. Source link
Credit Suisse Has UBS Worried, Spurring Return of Sergio Ermotti
Markets Heard on the Street Hiring a trusted pair of hands for the task of integrating Credit Suisse is good news, but also highlights the
Carl Icahn Wants to Bring Illumina’s Old CEO Back, Disney-Style
WSJ News Exclusive Heard on the Street Billionaire activist signals he wants company’s retired CEO Jay Flatley to come back and Grail divested Source link
Executive Showdown May Determine Fate of EY Split
Feuding executives meet this week to hash out a deal on Ernst & Young’s proposed breakup. Source link
Lyft’s New Boss Quickly Loses His Signing Bonus
Markets Heard on the Street Relief over founders’ exit gives way to worries about new CEO and Lyft’s dwindling share Source link
Former Aetna CEO to Take Helm of Health Insurer Oscar
WSJ News Exclusive Health Mark Bertolini was most recently the co-chief executive of hedge fund Bridgewater Associates Source link
Executive Showdown May Determine Fate of EY Split
Feuding executives meet this week to hash out a deal on Ernst & Young’s proposed breakup. Source link
Guinness Maker Diageo Appoints Its First Female CEO
The London-based maker of Johnnie Walker Scotch whisky and Smirnoff vodka said Debra Crew would take over from Ivan Menezes on July 1. Source link
Lyft Hires New CEO as Founders Step Back
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. Source link
Hertz Finance Chief Kenny Cheung to Step Down
Car-rental company taps accounting officer to stand in while the board searches for a permanent replacement. Source link