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Macy's CEO to Retire, Give Reins to Bloomingdale's Boss
Business

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
Finances

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

Executive Showdown May Determine Fate of EY Split
Finances

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
Finances

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
Business

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
Business

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
Business

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
Business

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
Business

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