#leadership-change

#leadership-change

Shares of OPEN stock skyrocketed 80% in a single trading session, closing at $10.52 per share, an explosive rally triggered by a blockbuster announcement: Opendoor appointed Kaz Nejatian, the former chief operating officer of ShopifyNYSE:SHOP), as its new CEO. Nejatian, known for his AI expertise and scaling operations at the e-commerce giant, is stepping in amid high expectations for a tech-driven revival.

A leadership shakeup is brewing within xAI's data annotation team. At least nine high-level employees appear to no longer be with the team. Their Slack accounts were deactivated over the weekend, according to screenshots seen by Business Insider. The employees worked on the human data management team, which oversees the AI tutors who train Grok. Previously, the managerial ranks included around a dozen people, according to a review of LinkedIn profiles and workers with knowledge of the team.

CityFibre credits Mesch as having been the driving force behind its emergence as "the UK's leading digital infrastructure challenger" and "transforming" the sector with "innovative products, competitive economics" and "exceptional" service to become a real competitor to market leaders Openreach and Virgin Media O2.

Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The maker of Nescafé drinks and Purina pet food said in a statement the dismissal was effective immediately. An investigation found the undisclosed romantic relationship with a direct subordinate violated Nestlé's code of conduct. Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.

She'll succeed Peter Vandermeersch, who has been Irish CEO since 2022 and before that had served as Publisher of the Antwerp-based group's Irish titles since the takeover of the former Independent News & Media plc in 2019. The news was announced to staff on Wednesday morning. Peter Vandermeersch is moving to take on a new group-wide role as Mediahuis Fellow 'Journalism and Society'.

The union representing the frontline workers at San Jose's beleaguered Animal Care Center has implored the city to hire a new director from outside the ranks, warning that a failure to do so would erode trust, morale and service and perpetuate the very dysfunction the city claims to want to fix. Although the city is pushing forward with recommendations from a scathing audit that took the shelter to task for operating above capacity and poor conditions,

Fidji Simo is wrapping up her first week at OpenAI, where she is expected to oversee most of the company's roughly 3,000 employees. To investors and partners, OpenAI leaders have been describing the former Instacart CEO as the kind of steady hand the company needs. Her mandate is clear: turn a chaotic, unprofitable startup into a disciplined, publicly traded tech giant.

They were swaying in mid-hug when the roving kiss cam, a staple at the band's performances, zeroed in on them. You have probably seen the clip of what happened next. The two of them scrambled like kids caught raiding a cookie jar. Even Coldplay's anodyne frontman Chris Martin couldn't ignore their response. "They're either having an affair, or they're just very shy," he remarked. The CEO and his subordinate are no longer with the company.

Target is in trouble. And while it's easy to get lost in the company's recent (poor) handling of American culture war narratives that cast it as too woke or too willing to cave to online fascists, the root of Target's problems runs deep. Don't get me wrong the massive consumer boycotts from Black organizers have done damage. And there are probably folks on the far right who think even Target's toned-down, overwhelmingly beige Pride merch this year was still too loud.

Bobby Webster's NBA journey began in 2006 and included key roles in the NBA's Collective Bargaining Agreement team during the 2011-12 season and with the Toronto Raptors.

The Trade Desk posted Q2 revenues of $694 million, an increase of 19% year-on-year, exceeding analysts' expectations despite stock price decline.

Jaguar Land Rover's new chief executive, PB Balaji, will take over from Adrian Mardell in November, marking a significant leadership change as the company shifts towards electric vehicle production.

"I'm incredibly proud of the X team. The historic business turnaround we have accomplished together has been nothing short of remarkable. We started with the critical early work necessary to prioritize the safety of our users-especially children, and to restore advertiser confidence."

Yaccarino announced her resignation on Wednesday in a post on X, expressing pride in the company's turnaround and gratitude to Musk for entrusting her with the role.

Christian Horner has been removed from his position as team principal and chief executive of Red Bull Racing, effective immediately, and Laurent Mekies has been appointed as his replacement.

In a surprising move, Maple Leafs Sports & Entertainment announced on Friday morning that Masai Ujiri has been relieved of his duties as President of Basketball Operations for the Toronto Raptors.

After 17 years of service at the National Security Agency, I've decided to turn the page to an exciting new chapter in my career. It has been an extraordinary journey contributing to the defense of our Nation and advancing the cybersecurity mission across the U.S. Government.

Mamdani's invigorated campaign, focusing on progressive ideas, presents a potential shift in Democratic leadership, appealing to younger voters disillusioned by traditional politics.

After nearly three years as CEO of Donkey Republic, I have decided to step down. This has been my own decision, and earlier this year, I began a constructive dialogue with the Chairperson of the Board to plan a smooth transition.