Hertz Global Holdings on Friday named former Goldman Sachs finance chief Stephen Scherr as its top boss, replacing interim CEO Mark Fields, sending shares of the car rental firm up 4 percent before the bell. Scherr will assume his new role as CEO and a board member on Feb. 28, Hertz said in a statement,…
White House to Host GM, Ford Among CEOs at Meeting on Spending Push
January 26, 2022
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WASHINGTON—The White House plans to host the chief executives of major U.S. companies including auto and tech sector firms on Wednesday to discuss President Joe Biden’s signature $1.75 trillion Build Back Better legislation. General Motors CEO Mary Barra, Ford Motor CEO Jim Farley, Salesforce co-CEO Marc Benioff, Microsoft President Brad Smith, Etsy CEO Josh Silverman,…
Disney Doubles CEO Pay to $32.5 Million, Restructures Management: What You Need to Know
The Walt Disney Co. CEO Bob Chapek saw his compensation rise to $32.5 million, according to a statement filed with the U.S. Securities and Exchange Commission Wednesday. What Happened In FY 2021, Chapek saw his pay swell to more-than-double from the $14.2 million he earned in the preceding year. The Disney CEO was granted stock…
Moderna CEO Says Data for Omicron-Specific Shot Likely Available in March
January 18, 2022
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Business & EconomyCCP VirusCEOCompaniesdatamarchModernaOmicronStephane BancelUSUS NewsVaccineVaccines & Safety
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Moderna Inc.’s vaccine candidate against the Omicron coronavirus variant will enter clinical development in the next few weeks and the company expects to be able to share data with regulators around March, CEO Stephane Bancel said on Monday. “The vaccine is being finished … it should be in the clinic in coming weeks. We are…
Ex-NBC Exec Turness Named CEO for BBC News, Current Affairs
LONDON—The BBC announced Thursday that it has appointed Deborah Turness as its new chief executive for news and current affairs, bringing to the broadcaster a vastly experienced journalist who previously held senior leadership positions at the news division of American TV network NBC. Turness, 54, comes to the BBC from British media company ITN, where…
Bloomberg Media CEO Justin Smith Steps Down
Bloomberg Media Chief Executive Officer Justin Smith is stepping down, effective immediately, to start a new media firm, Smith wrote in a tweet on Tuesday. “After 8 years at Bloomberg Media, and more than 25 years in quality journalism, I’ve decided to pursue a personal dream, and a market opportunity, to launch a new kind…
BMW to Create up to 6,000 New Jobs Next Year: CEO
BERLIN—Germany’s BMW plans to create up to 6,000 new jobs next year to prepare for the growing demand for its electric vehicles, the carmaker’s chief executive told daily Muenchner Merkur. BMW is on a very good path through the transformation and has its plants prepared for e-mobility, Oliver Zipse was quoted as saying in an…
Two Moms, a CEO and a Physician, Step Up to Homeschool Kids: ‘You Will Never Ever Regret’
December 29, 2021
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Over the last decade, there has been an exponential rise in homeschooling across the United States. What is driving parents to make this choice, and some to even leave their careers to do so? I had a chance to speak to two faith-centered moms—one from the corporate sector and the other a physician—who embarked on…
Cruise CEO Ammann Leaving GM’s Self-Driving Car Unit
WASHINGTON—General Motors Co. said on Thursday that Dan Ammann, the chief executive of its majority-owned Cruise self-driving car subsidiary, is leaving the company, effective immediately. The U.S. automaker did not give a reason for the departure of Ammann, a former GM president and chief financial officer. GM shares fell 2.7 percent in after hours trading…
Effective Time Management Is Essential for CEO Success
Every time, a good leader understands people’s motives, as well as what motivates and inspires them. Then, spend time with them to make more money. Time Is of the Essence They understand how to entice their employees to participate in a way that balances the individual’s interests, time, and needs with the group’s goals. This,…
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