#leadership-change

#leadership-change

"I want to sincerely thank everyone who has supported the Housing Authority's mission and the important work we do every day," Matthews said in the press release.

The US Federal Reserve left interest rates unchanged after its latest board meeting, defying once again Donald Trump's call for a cut as the central bank prepares for a leadership shake-up next month.

"There are always a combination of professional and personal factors when it comes to a decision like this. One marker in this process of starting to think about next chapters was the completion of the campus expansion project."

Fermi's market cap has fallen from nearly $20 billion in October down to $3.4 billion as of April 20, including a nearly 18% dip on the news of the leadership changes.

"Léa brings a clear strategic vision combined with a pragmatic approach. Her experience will be instrumental in further reinforcing ACA's role and supporting our members in a rapidly evolving environment."

Vikas Rao has been appointed CEO of Dark Matter Technologies, succeeding Sean Dugan, with a mandate to translate technology investments into stronger commercial performance.

The war's costs are nonetheless mounting. More than $16 billion has been so far, 13 U.S. troops have been, and Iran's grip on the Strait of Hormuz has slowed shipping traffic to a trickle, creating a historic oil disruption that has sent global energy markets into turmoil.

According to a CNN poll, Secretary of Defense Pete Hegseth's approval rating has hit rock bottom, with 35% approval and 65% disapproval, marking a significant decline.

Leribault's priority will be to strengthen the safety and security of the building, the collections, and people, to restore a climate of trust, and to carry forward, together with all the teams, the necessary transformations for the museum, the culture ministry said in a statement on Wednesday.

The firm's Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen and Chief Legal Officer Tyler Meade are all leaving the company effective immediately, New York-based Gemini said in a filing on Tuesday. Beard, who has also stepped down from Gemini's board of directors, has not resigned as a result of any disagreement with the firm, it added. Gemini does not intend to appoint a successor to Beard at this time, it said. Instead, President Cameron Winklevoss will assume several of his duties.

José Andrés Group CEO Sam Bakhshandehpour is stepping away from the top role in the company's hospitality and media empire. Andrés tells Washingtonian his longtime friend and board member David Strasser-a managing director in venture capital firm Swan & Legend and former board member of Cava-will become the next CEO. The change is a "good next phase for all!," Andrés says in a text message.

Upstart Holdings ( NASDAQ: UPST) has dropped 19.77% over the past week, falling from $38.24 to $30.68 as of February 13. That's a sharp decline for a stock that Wall Street still sees climbing to $51.67, implying 68% upside from current levels. The AI-powered lending platform reported fourth-quarter 2025 results on February 10, beating revenue estimates but triggering a selloff that has now erased 33.95% of its value over the past month.

The shock departure of Saltzman, who became director of arts and participation at the Barbican in February 2024, comes two years after her arrival and months after she unveiled a five-year creative vision for the venue. Saltzman was named recently as one of the 40 most influential women working in the arts in the UK, and described as the driving force behind the organisation. The Barbican refused to confirm the exit, with a spokesperson telling the Guardian it would be unable to comment on individual staffing matters.

Sulayem's lengthy tenure at the helm of the logistics giant came to an end in a firestorm of controversy over his links with the disgraced financier, after recently declassified documents showed the pair had exchanged messages for years before and after Epstein pleaded guilty in 2008 to soliciting a minor for prostitution. The friendly exchanges between the two include discussions about deals and also mention bin Sulayem visiting Epstein's private island while sharing contacts in business and politics.

Toyota has a new boss. Koji Sato, who was appointed CEO in January 2023, will step down on April 1. His replacement is Kenta Kon, the company's current chief financial officer, who is widely regarded as one of the main forces behind the automaker's impressive profits. The move marks the beginning of a regime change at the top of the world's largest automaker, as this is the first time since 2009 that Toyota has appointed someone who is not a car guy at the helm.

As first reported by The Wall Street Journal, Hagedorn is to take up the role of North American chief executive for Omnicom Media Group, which works with the likes of McDonald's and PepsiCo. Hagadorn will replace outgoing media boss Page Thompson, who is retiring after more than four decades with the holding giant. Having worked with the group for 15 years, Hagedorn has played a significant role in the scaling up OMG's data and analytics business.

The company has come under pressure in recent months. Its sales in the Americas have slid, and analysts say the brand has veered from its yoga roots and become more generic. Its stock price has sunk 53% in the past year. Chip Wilson, the founder of Lululemon, has also become increasingly vocal in his criticism of the athleisure company. At the end of last year, he launched a proxy battle to change the leadership of Lululemon's board.

Ellison is taking his data-focused strategy to a new level by elevating Jason Kim, Paramount's EVP of data and insights, to oversee data for the entire company, instead of just the direct-to-consumer division. The change was announced by Domenic DiMeglio - who heads up marketing as well as data and insights for Paramount's streaming division - in a Thursday afternoon staff meeting, a recording of which was obtained by Business Insider.