Thursday, December 26

Tag: Management Moves

The OpenAI Board Member Who Clashed With Sam Altman Shares Her Side
8Dec By adminNo Comments
Technology

The OpenAI Board Member Who Clashed With Sam Altman Shares Her Side

Updated Dec. 7, 2023 4:39 pm ETHelen Toner was a relatively unknown 31-year-old academic from Australia—until she became one of the four board members who fired Sam Altman from the artificial-intelligence company he co-founded. Thrust into the spotlight during the ouster and eventual return of Altman as CEO of OpenAI last month, Toner has emerged as a symbol of tension between AI-safety advocates and those giving priority to technological progress.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Falfurrias Raises $400 Million for Debut Growth Fund
7Dec By adminNo Comments
World

Falfurrias Raises $400 Million for Debut Growth Fund

Dec. 7, 2023 7:00 am ET|WSJ ProFalfurrias Management Partners has wrapped up fundraising for its debut vehicle to back newer businesses with the potential for rapid growth, after expanding into the strategy last year and hiring a senior Carlyle Group executive as part of the effort. The Charlotte, N.C.-based private-equity manager said it has collected $400 million for Falfurrias Growth Partners I, hitting its upper fundraising limit for the vehicle. Investors included backers of the firm’s buyout funds. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Seven West Media Names CFO Howard to Replace Warburton as CEO
6Dec By adminNo Comments
World

Seven West Media Names CFO Howard to Replace Warburton as CEO

SYDNEY—Seven West Media said James Warburton will step down as chief executive before the end of the 2024 fiscal year and be replaced by the Australian media conglomerate’s chief financial officer.Seven West on Thursday said that Warburton had advised the company that he intended to quit as CEO and managing director. Jeff Howard, who has been CFO since January 2020, will transition into the roles by June 30, it said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Airbnb Appoints Ellie Mertz as New Chief Financial Officer
5Dec By adminNo Comments
World

Airbnb Appoints Ellie Mertz as New Chief Financial Officer

Airbnb on Tuesday appointed Ellie Mertz, an 11-year veteran of the short-term rental company, as its new chief financial officer.Mertz succeeds Dave Stephenson, Airbnb’s CFO since 2019, who was promoted to become the company’s chief business officer, a newly created role.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Swiss Life CEO to Step Down
4Dec By adminNo Comments
World

Swiss Life CEO to Step Down

Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the helm of the insurer.The company said Monday that Matthias Aellig, currently chief financial officer, would succeed Frost as CEO as of May 16, 2024. Marco Gerussi, who served as head of finance transformation since 2018, will replace Aellig as CFO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Don’t Roll Your Eyes: Looking the Part Could Land You That Job
4Dec By adminNo Comments
World

Don’t Roll Your Eyes: Looking the Part Could Land You That Job

Listen to article(2 minutes)Think appearances don’t matter if you’re applying for a job online? New research shows that looking the part is very much part of the equation.Your credentials and referrals may get you on the shortlist. Even if the whole process takes place online, though, it’s rare that a hiring manager won’t check out your LinkedIn profile. Making the final cut can come down to nailing a specific professional look, according to a new study published by the Harvard Business School. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches
1Dec By adminNo Comments
Technology

Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches

Jeff Bezos and Elon Musk have both spent decades building space companies. Now, Bezos’ Amazon.com is turning to Musk’s SpaceX for a ride to orbit.Amazon, which Bezos founded and where he still serves as executive chairman, said Friday that it hired Musk’s SpaceX to conduct three rocket launches for the Seattle company’s planned satellite-internet division. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Adam D’Angelo Bridges the Past, Future for OpenAI Board
1Dec By adminNo Comments
Technology

Adam D’Angelo Bridges the Past, Future for OpenAI Board

In the surprise ouster and restoration of Sam Altman as chief executive officer at OpenAI, only one person, Adam D’Angelo, managed to play a role on each side of the drama. D’Angelo, a former Facebook executive and founder of the question-and-answer platform Quora, was one of four members of the board who fired Altman, and the sole surviving director named to a new board of the artificial-intelligence company that took over on Wednesday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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OpenAI’s New Board Takes Over and Says Microsoft Will Have Observer Role
30Nov By adminNo Comments
Technology

OpenAI’s New Board Takes Over and Says Microsoft Will Have Observer Role

Updated Nov. 29, 2023 10:42 pm ETOpenAI’s new board formally took over on Wednesday and said it would add an observer role for partner Microsoft, capping a dramatic chapter for the artificial-intelligence startup and launching a new phase of difficult decisions.The new board’s initial three members were decided as part of CEO Sam Altman’s return last week after the previous board abruptly fired him. The replacement directors’ priorities include creating an independent committee to review the events around Altman’s ouster, said Bret Taylor, the board’s chairman.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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