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Howard Schultz Steps Down From Starbucks Board
Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges with workers and operations. Source link
With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link
BP CEO Bernard Looney Resigns
The oil company said Looney was “not fully transparent” about past personal relationships with colleagues. Source link
Private Jets and Pop-Up Workspaces: Boeing Eases Return to Office for Top Brass
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Illumina Names New Chief Executive
Jacob Thaysen was named to the role after Francis deSouza resigned from the gene-sequencing maker in June amid a fight with regulators. Source link
Walgreens Chief Executive Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
CNN Taps Former New York Times Chief Thompson to Lead Network
Mark Thompson, whose appointment as CEO will be effective Oct. 9, comes as parent Warner Bros. Discovery looks to bring stability to the network’s ranks.
Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large
Schulman Having Bumpy Landing After Taking PayPal to New Heights
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
Estée Lauder's Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link