Tag: Management Moves

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
As Pressure on Harvard President Increases, University Board Feels the Squeeze
World

As Pressure on Harvard President Increases, University Board Feels the Squeeze

Dec. 24, 2023 10:32 pm ETIn the wake of calls for the resignation of Harvard President Claudine Gay, a growing number of faculty members are turning their focus to the other 11 members of the powerful governing board that runs the school.Some faculty are calling for members of the Harvard Corporation, the university’s board, to resign or apologize and one professor has even floated to the governor of Massachusetts a new governance structure for the school that would give lawmakers the chance to appoint a board member to represent the public interest.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.
World

Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.

Updated Dec. 16, 2023 12:04 am ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barra stunned the room with a sharp U-turn. She killed plans for a new high-end Cadillac that already had gushing reviews from the automotive press. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the wrong message to showcase another splashy Cadillac—the GM brand known for innovation—that leans on fossil-fuel technology. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay Around $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
Technology

Activision Blizzard to Pay Around $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Activision Blizzard has agreed to pay about $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company, according to people familiar with the matter.California’s Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Entain CEO Jette Nygaard-Andersen Steps Down
World

Entain CEO Jette Nygaard-Andersen Steps Down

Entain said Wednesday that Chief Executive Officer Jette Nygaard-Andersen will step down from the group with immediate effect and be replaced by nonexecutive Director Stella David on an interim basis.The FTSE 100 betting-and-gambling group said David will remain in the role until a full-time replacement has been found.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm
World

Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm

Updated Dec. 11, 2023 10:39 am ETVice Media Group Chief Marketing Officer Nadja Bellan-White will leave the company in mid-December to accept a role as chief executive of SS+K, a marketing and public affairs firm based in New York.Bellan-White will be the first person to hold the CEO title at SS+K, whose clients have included social-media company Meta Platforms, the Democratic National Committee and President Biden’s inaugural committee, according to the agency. She will report to co-founders and partners Lenny Stern and Rob Shepardson, with all senior managers reporting to Bellan-White.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Boeing Reveals the Frontrunner to Be Its Next CEO
World

Boeing Reveals the Frontrunner to Be Its Next CEO

Dec. 10, 2023 11:17 pm ETBoeing is elevating Stephanie Pope to become its No. 2 executive, setting her up as the heir apparent to Chief Executive David Calhoun as the planemaker prepares for its next leadership transition.Pope, who heads Boeing’s services arm, is expected to be named chief operating officer as soon as Monday, according to people familiar with the matter. The three-decade Boeing veteran beat out other top executives for the role.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
University of Pennsylvania President Resigns Amid Furor Over Comments on Antisemitism on Campus
World

University of Pennsylvania President Resigns Amid Furor Over Comments on Antisemitism on Campus

University of Pennsylvania President Liz Magill resigned Saturday, capping a tumultuous week at the Ivy League school stemming from statements she made about antisemitism at a congressional hearing Tuesday.Magill will stay on until an interim president is appointed, and afterward will remain a member of the law school faculty, according to a letter sent from Scott Bok, chairman of the university’s board of trustees.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8