According to the Financial Times, Tim Cook could step down as Apple CEO as early as next year. And the board has started to seriously work out a succession plan. FT says that John Ternus, Apple’s senior...

Nacro chief executive Campbell Robb is leaving to take the same role at the Canal & River Trust.

Boeing's leadership shift aims at operational turnaround and manufacturing excellence. Check out why I maintain a buy rating on BA stock for long-term investors.

(Reuters) - Three Intel (NASDAQ:INTC) board members will not stand for reelection at its 2025 annual meeting, the chipmaker said in a regulatory filing on Thursday, amid a historic transition under newly appointed CEO Lip-Bu Tan. Since late last year, the company has been reshuffling its board to make it more chip industry focused as it attempts to reclaim its lost glory under new leadership. The latest move will shrink the size of the board to 11. The members retiring include Omar Ishrak, former CEO of medical device maker Medtronic (NYSE:MDT), who had in January 2023 stepped down as Intel’s chairperson but stayed on as a director. Tsu-Jae King Liu, a dean at the College of Engineering at the University of California, Berkeley, and Risa Lavizzo-Mourey, a former professor of population health and health equity at the University of Pennsylvania, are the others leaving the board. Meanwhile, Intel bolstered its board through the appointments of Eric Meurice, former CEO of chipmaking equipment provider ASML (AS:ASML), and Steve Sanghi, interim CEO of Microchip Technology (NASDAQ:MCHP), in December. The appointments followed the ouster of former CEO Pat Gelsinger. The changes mark a departure from Intel’s previous board structure, which was populated by leaders in academia and finance, as well as former senior executives from the medical, tech and aerospace industries. "We are committed to having the right mix of skills, qualifications and technical expertise on the Board," Chairperson Frank Yeary said in the filing on Thursday. All other current directors will stand for reelection. "EQUALLY FOCUSED" ON PRODUCT AND FOUNDRY CEO Tan said in a letter to shareholders on Thursday that "to enable great products," he was "equally focused" on the company’s product business and contract chip manufacturing business - the center of a turnaround strategy championed by former CEO Gelsinger. Gelsinger’s total severance payment stands at about $7.9 million and he has forfeited all his outstanding unvested equity awards, the company said. Tan, who in August left Intel’s board due to disagreements over the company’s revival plan, rejoined as a director along with his appointment as CEO. "We will remain focused on executing this plan to reduce our operating expenses and capital expenditures, simplify our portfolio and eliminate organizational complexity," Tan said, referring to the cost-savings plan introduced last year under Gelsinger, which included a 15% workforce reduction.

The CEO of the U.S. Space and Rocket Center has announced her retirement following a leave of absence from her position in June.

Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek...

OPM announces transfer of 18 Executive Directors across government NBC Online Tue, 04/01/2025 - 16:51

Explore the story behind a billion-dollar outflow from Binance. Witness how a single executive's departure influences cryptocurrency movements and impacts global finance.

/PRNewswire/ -- Shield AI, the deep-tech company building state-of-the-art autonomy software and defense aircraft, today announced a leadership transition...

The Namibia Petroleum Operators Association (NAMPOA) has announced recent Board leadership changes, ushering in a renewed strategic focus as the Association strengthens its role in convening dialogue, coordination, and engagement across Namibia’s oil and gas sector. Eduardo Rodriguez Tamayo, Country Chair of Shell Namibia, has been appointed as Chairperson of

Monica Bertagnolli: Preventing NIH funding has a devastating effect on research productivity / administration priorities, biomedical research, cancer,

Stephanie Berner. (LinkedIn Photo) — Smartsheet’s leadership shakeup continues with the appointment of Stephanie Berner as its new chief customer officer. Berner comes to the Bellevue, Wash.-based...

Acting NASA chief Sean Duffy announces that NASA's plan to land astronauts on the Moon by 2027 is no longer achievable and announces new competitions to develop a lunar lander.

0 © Reuters. AMGO -9.09% Investing.com -- Shares of Amigo Holdings PLC (LON:AMGO) fell sharply over 9% as the company announced significant changes to its board amidst an ongoing orderly solvent wind-down. The U.K. mid-cost credit provider said that Kerry Penfold has stepped down as PLC CEO and Director, effective immediately. However, Penfold will continue to serve as CEO of the subsidiaries, including Amigo Loans Ltd, until May 31, 2025. In a further development, Nicholas Beal, the company’s Chief Restructuring Officer, has been appointed as an Executive Director to the PLC board and will take over Penfold’s responsibilities at the PLC level. 0 Latest comments