#leadership-change

#leadership-change

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.

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,

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.

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.