#leadership-change

#leadership-change

Much of the front half of the year for Target was defined by the company's decision in January to pull back on some diversity, equity and inclusion initiatives as the Trump administration took power. That led Black-owned brands and employees to question Target's commitment to the progressive values that once defined its brand. In May, Target's CEO finally addressed the topic, somewhat, saying its values of inclusivity, connection and drive "are not up for debate."

Eleven months into 2025, $55 billion hedge fund Viking Global sits in an underwhelming position. The long-running Tiger Cub - a nickname for the group of firms connected to the late Julian Robertson's Tiger Management - is up just 5.8% through November in its flagship stock-picking hedge fund after a 0.5% gain last month, a person close to the manager told Business Insider.

According to a report by an outside law firm, Monaghan was approached on Sept. 17, 2024 by Sheriff Corpus' right-hand-man, Victor Aenlle, who wanted to know if Monaghan had been interviewed by retired judge LaDoris Cordell, who was investigating the sheriff's office. When Monaghan confirmed he was interviewed, Aenlle asked, "When were you going to tell us this?" Two days later, Corpus fired Monaghan.

Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea's largest-ever data breach, which set off a regulatory and political backlash against the country's dominant online retailer. The company said in a statement on Wednesday that Park had stepped down over his role in the breach. It appointed Harold Rogers, chief administrative officer for the retailer's U.S.-based parent company Coupang Inc., as interim head.

"going to get the message or they're going to get voted out."

Though official results have yet to be released, the NDP's likely victory is slated to end the Unity Labour Party's 24 years in power. The party addressed its constituents in St Vincent and the Grenadines, sometimes known by the acronym SVG, in a social media post after Thursday's election. We love you, SVG, and we will keep working and advocating for you, the Unity Labour Party said. This is not the end, it is the beginning.

Adrian Newey, regarded as one of the best engineers in Formula One history, will become Aston Martin team principal next season. Newey committed his long-term future to Aston Martin in September 2024 after his departure from Red Bull sparked a bidding war for the Brtion's services. Pressure has built on current team principal and chief executive, Andy Cowell, amid a disappointing season and reported disagreements with Newey, the team's managing technical partner.

Since its merger with Cedar Fair Entertainment Company last year, Six Flags has upset some parkgoers with its cost-cutting efforts, including moving to a regional management model where park presidents at Knott's Berry Farm and Magic Mountain were laid off. At some parks, live entertainment was reduced or mostly canceled, and some seasonal events did not return this year, such as WinterFest and Tricks and Treats at California's Great America in Santa Clara.

UITP has announced a change in its leadership, with Gautier Brodeo assuming the role of President from 21 November 2025, and Lilli Matson joining as Deputy President. The new appointments come following the early departure of former President Renée Amilcar, elected in 2023, who stated she is now focusing on her role as CEO and President of Mobilité Infra Québec. The term for the new President and Deputy President will run until the next UITP General Assembly in June 2026.

Mastodon's creator, Eugen Rochko, is stepping down as CEO of the open source, decentralized social network and X rival, as part of the organization's transition to a non-profit structure, announced at the beginning of the year. The change is Mastodon's most significant leadership overhaul to date, and one designed to ensure Mastodon's longevity. As part of the organization's restructuring, Mastodon will be governed by a board of directors, which today includes Twitter co-founder Biz Stone,

Serving as Walmart's CEO has been a great honor and I'm thankful to our Board and the Walton family for the opportunity," McMillon said in a statement Friday.

There's been a surprise leadership change, a Miss Universe director yelling at a contestant on camera, racist remarks from a former winner - and that was just in the past week. All the bad press has brought renewed international attention to a brand that came under fire just last year after former CEO Anne Jakrajutatip appeared to laugh at contestants' photos on Instagram Live and praised one titleholder's blond hair and blue eyes as "the best here."

Chegg said it will remain a standalone public company after a year-long strategic review conducted with Goldman Sachs. The company plans to cut roughly 45% of its global workforce-about 388 roles-as part of an effort to streamline operations and refocus on skilling and workplace learning. Management expects the restructuring to reduce 2026 non-GAAP expenses by about $100-110 million, with one-time charges of $15-19 million, mostly tied to severance payments.

Launched in 2019 by then-university students Cami Téllez and Jack DeFuria, Parade cultivated an online following by embracing size diversity and accessible pricing, and by sending free products to "microinfluencers" in exchange for promotional posts across social media. While other fashion companies floundered during the heavily online Covid-19 pandemic, Parade earned $10 million in revenue on the back of its viral marketing strategy.

"Mayor Bass thanks her for her many years of service and significant contributions to the people of Los Angeles,"

On Wednesday, the organization announced that Anne Jakrajutatip was replaced as CEO. Jakrajutatip made history as the first woman to own the 74-year-old pageant when her Thai-based company, JKN Global Group, purchased the organization from Endeavor for $20 million in October 2022. She's being replaced by Mario Búcaro, a former diplomat who most recently served as the Miss Universe Organization's vice president for international relations.

Jane Rosenthal has been named co-chair of the board of Tribeca Enterprises as the company behind one of the world's leading film festivals undergoes a leadership shift. As part of the change, Rebecca Glashow, a veteran tech and media executive, will step into Rosenthal's former role as the new CEO of the media and entertainment company that owns and operates the Tribeca Festival.

Marc-Alexis Côté has chosen to pursue a new path elsewhere outside of Ubisoft.

According to a Friday letter from Staten Island District 31 Superintendent Dr. Roderick Palton, obtained by the Advance/SILive.com, the school community was notified of an "important leadership transition at PS 3." "We recognize that leadership changes can raise questions, and I want to assure you that our commitment to the students, staff, and families of PS 3 remains our top priority," said Palton in the letter. Joseph O'Brien was officially welcomed to the school community in a Sept. 8 letter from Palton. He replaced Elmer Myers, who retired after 10 years at the school.

As noted by the American Lawyer, the firm recently announced the appointment of Wesley Mission, the firm's finance group chair, to assist Patrick Quinn, the firm's longtime managing partner. The firm hasn't had a co-managing partner in a decade. In a memo to partners, Quinn said that Mission "has been serving alongside me effectively as co-managing partner, and I'm thrilled that he has agreed formally [to] take on the role." So what, exactly, is Mission's mission at CWT?

Swiss food giant Nestle appointed Alfonso Gonzalez Loeschen as the next global chief executive of Nespresso, effective Nov. 1, 2025. Gonzalez Loeschen, currently CEO of Nespresso North America, will also join Nestle's Executive Board. He succeeds Philipp Navratil, who earlier this month was elevated to CEO of Nestle global after the company fired former CEO Laurent Freixe, citing a relationship with a subordinate.

Keurig Dr Pepper (KDP) has appointed Olivier Lemire as president of its U.S. coffee business, according to an SEC filing signed Sept. 17, 2025. The move comes amid Keurig Dr Pepper's $18 billion acquisition of Europe-based coffee conglomerate JDE Peet's, announced last month. That plan will involve the creation of two publicly traded companies, including one focused entirely on the coffee category called Global Coffee Co.

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.