Bank of America AI Push Reshapes Finance Leadership Priorities
Bank of America AI spending is entering a larger operating phase after Chief Executive Brian Moynihan said the bank expects to double its AI expense budget in 2027. The increase follows a year in which
Volvo CEO Succession Names Klaus Zellmer as Next Chief
olvo Cars has appointed Škoda Auto chief Klaus Zellmer as its next president and CEO, with the leadership change to
Plaud CEO Sets Growth Targets for AI Hardware Startup
Plaud CEO Nathan Xu is targeting $500 million in global sales in 2026 and a potential U.S. IPO in 2028
John Ternus Takes Over as Apple CEO as AI Push Accelerates
John Ternus becomes Apple CEO effective September 1, 2026, bringing 25 years of product and hardware engineering experience to the
WM Names John Morris as Next CEO in Planned Succession
WM (Waste Management, Inc.) has appointed President John Morris as its next president and chief executive officer, succeeding Jim Fish,
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Ford CEO Jim Farley Backs U.S. Skilled-Trades Workforce Strategy
Ford CEO Jim Farley is supporting a national initiative designed to expand the U.S. skilled-trades workforce, with 14 companies joining the Alliance for America’s Skilled Trades. The effort combines workforce
Cohere Aleph Alpha Merger Advances With Definitive Agreement
Cohere Aleph Alpha merger plans moved into a definitive stage after the two artificial intelligence companies signed a business combination agreement. The planned company would operate globally as Cohere, with
Pavion Names Andy Bierer CEO After Major Growth Phase
Pavion has appointed Andy Bierer as chief executive officer, succeeding Joe Oliveri after a period of significant expansion for the integrated security and critical communications company. Oliveri will remain connected
Chevron CEO Warns Higher Oil Prices Could Test Business Leaders
Chevron CEO Mike Wirth says the market buffers that contained earlier crude increases have largely been depleted. His warning arrives as U.S. diesel tops $6 a gallon and global inventories
Kadant CEO Succession Plan Names Michael Colwell as Next CEO
Kadant has approved a leadership transition that will make Michael C. Colwell president and CEO on January 2, 2027. Jeffrey L. Powell will move from CEO to executive chairman, while
Volvo CEO Succession Names Klaus Zellmer as Next Chief
olvo Cars has appointed Škoda Auto chief Klaus Zellmer as its next president and CEO, with the leadership change to take effect no later than October 1, 2027. Zellmer
Plaud CEO Sets Growth Targets for AI Hardware Startup
Plaud CEO Nathan Xu is targeting $500 million in global sales in 2026 and a potential U.S. IPO in 2028 after annual revenue exceeds $1 billion. The targets come
McDonald’s CEO Says High Inflation and Low Traffic Are Here to Stay
McDonald’s inflation outlook is shifting from a temporary challenge to an operating assumption. CEO Chris Kempczinski said that restaurant traffic
Starbucks CEO Brian Niccol Faces Profitability Test
Starbucks CEO Brian Niccol is moving the coffee chain into the next phase of its turnaround after the company restored
Airbnb CEO Brian Chesky Prioritizes Executive Recruiting
Airbnb CEO Brian Chesky says recruitment takes about three hours of his daily schedule, with his involvement extending beyond direct reports to members of their teams. Chesky said the approach gives him greater involvement in selecting executives and developing the company’s future leadership structure. Key Takeaways Brian Chesky said he spends about three hours a day on recruitment The Airbnb CEO remains involved in hiring decisions beyond his direct reports Chesky said executives’ hiring decisions can shape the company’s future leadership pipeline His approach includes involvement in selecting members of senior executives’ teams Chesky attributed the approach in part to advice from OpenAI CEO Sam Altman Brian Chesky Increases His Involvement in Executive Recruiting Brian Chesky has described recruitment as a substantial part of his responsibilities as Airbnb’s CEO, saying he spends about three hours each day on hiring. His involvement covers executive recruitment as well as decisions involving members of senior leaders’ teams. The approach places Chesky directly into hiring decisions that extend beyond the executives who report to him. Rather than limiting his involvement to selecting direct reports, he also participates in decisions concerning people those executives bring into their teams. Chesky has connected this involvement with the development of Airbnb’s future leadership structure. The hiring decisions made by senior executives can affect the people who later assume greater responsibility within an organization, making the composition of those teams part of the leadership structure Chesky is seeking to build. His stated allocation of time also makes recruitment a regular part of his daily work rather than an activity limited to individual executive openings. The three-hour figure provides a specific measure of the time Chesky says he devotes to the process. The approach places the CEO in the hiring process at multiple levels. Direct executive appointments remain within his
CEO Leadership Strategies Shape Growth in Modern Media Companies
CEO Leadership Strategies are taking a more operational turn across Disney, Netflix and The New York Times, where recent results
OLIPOP Names New CEO as Founder Shifts to Growth Strategy
OLIPOP has appointed Christian Patiño Webb as chief executive officer, replacing founder Ben Goodwin, who will become executive chairman and
Airbnb CEO Brian Chesky Prioritizes Executive Recruiting
Airbnb CEO Brian Chesky says recruitment takes about three hours of his daily schedule, with his involvement extending beyond direct reports to members of their
AI Infrastructure Debt Surge Tests Big Tech’s Cost of Capital
AI infrastructure debt has become a larger part of the U.S. technology funding story as Microsoft, Meta, Alphabet, Amazon and Oracle expand data-center capacity. With
Mattamy Homes U.S. Names Chris Lindhorst as New CEO
Mattamy Homes U.S. will have a new chief executive on September 1, 2026, when COO Chris Lindhorst succeeds Keith Bass,
Barclays Hires Bank of America Veteran Mike Joo as Co-CEO
Barclays is bringing former Bank of America senior executive Mike Joo into a co-CEO role in February 2027, subject to
CEO Pay Gap Widens as Tesla’s Musk Award Resets U.S. Benchmarks
CEO pay moved sharply higher in 2025 as Tesla reported $158.36 billion in compensation for Elon Musk, producing a 2.52
Zuckerberg Challenges the U.S. Approach to Chinese AI Competition
Mark Zuckerberg’s opposition to blocking Chinese AI models has intensified a business debate over how the United States should respond
Cisco CEO Says AI Leadership Should Go Beyond Cost Cutting
AI leadership is at the center of Cisco CEO Chuck Robbins’ latest workforce message. Robbins says companies should use artificial
Health Catalyst Names Simeon Kohl as New CEO
Health Catalyst has appointed Simeon Kohl as CEO and President, effective September 14, succeeding Ben Albert, who will become Chief
Torani CEO Maintains No-Layoff Policy Through Decades of Growth
Torani CEO Melanie Dulbecco is weighing generative and agentic AI against a workforce policy the company says has survived a
General Mills Names Dana McNabb as Next CEO
General Mills has selected Chief Operating Officer Dana McNabb to become its next chief executive officer on January 1, 2027. McNabb will succeed Jeff Harmening,
Priority Technology CEO Leads $1.6 Billion Take-Private Deal
Priority Technology Holdings has agreed to a roughly $1.6 billion take-private transaction led by Chairman and CEO Thomas Priore. The
Sam Altman Says OpenAI Will Not Go Public in 2026
OpenAI CEO Sam Altman said the company will not go public in 2026, citing unresolved AI safety and alignment priorities.
Zapier CEO Wade Foster Uses AI Agents for Executive Work
Zapier CEO and co-founder Wade Foster has incorporated AI agents into his daily executive workflow, using them for automated briefings,
Redfin Names Meta Veteran Alessio Sanfilippo CEO
Redfin appointed Alessio Sanfilippo as CEO on August 31, 2026, bringing a former Meta and Intuit executive into the top
Extra Space Storage CEO Succession Names Noah Springer
Extra Space Storage will transition to President Noah Springer as CEO on January 1, 2027, after Joe Margolis retires at
Boeing Wisk Sale Sharpens Kelly Ortberg’s Portfolio Focus
Boeing and Kelly Ortberg are putting a sharper boundary around the company’s portfolio after agreeing to transfer Wisk Aero, Insitu
Elite Law Firms Explore Private Capital Growth Structures
Several leading U.S. law firms are evaluating management services organization structures that could provide access to private capital while complying
Google’s AI Leadership Shakeup Redefines C-Suite Growth Strategy
Google C-Suite changes announced August 5 place Koray Kavukcuoglu in charge of Google DeepMind’s daily operations while Demis Hassabis moves
Retired CEOs Return to Lead Major Corporate Turnarounds
Several major U.S. companies have appointed former chief executives who had retired to lead their organizations, including Cracker Barrel, Boeing,
