Sunday, December 22

Tag: Senior Level Management

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
26Dec By adminNo Comments
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
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As Pressure on Harvard President Increases, University Board Feels the Squeeze
25Dec By adminNo Comments
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
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Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
24Dec By adminNo Comments
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
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Greg Abel Is the Next Big Name at Berkshire Hathaway
23Dec By adminNo Comments
Money

Greg Abel Is the Next Big Name at Berkshire Hathaway

Listen to article(1 minute)Berkshire Hathaway’s future chief executive officer is no Warren Buffett. Fortunately for Greg Abel, he doesn’t have to be. Buffett, the 93-year-old chairman and CEO, unwrapped one of corporate America’s longest-running mysteries in 2021 when he confirmed that Abel was his pick to succeed him in the role as CEO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 
16Dec By adminNo Comments
World

How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.
16Dec By adminNo Comments
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
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Entain CEO Jette Nygaard-Andersen Steps Down
13Dec By adminNo Comments
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
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Hasbro Layoffs: Toy Company to Cut Nearly 20% of Workforce
11Dec By adminNo Comments
World

Hasbro Layoffs: Toy Company to Cut Nearly 20% of Workforce

Updated Dec. 11, 2023 5:37 pm ETHasbro is cutting nearly 20% of its workforce as weak sales for toys and games persist into the critical holiday shopping period. The maker of Transformers action figures, the Dungeons & Dragons fantasy game and Monopoly will cut about 1,100 jobs, on top of 800 layoffs earlier this year, Chief Executive Chris Cocks said Monday in a memo to employees viewed by The Wall Street Journal. Hasbro reported having about 6,500 employees as of the end of 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit
11Dec By adminNo Comments
Technology

Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit

Updated Dec. 6, 2023 12:51 pm ETFacebook and Instagram recommend sexual content to underage users and promote minors’ accounts to apparent child predators, the state of New Mexico alleges in a lawsuit against parent company Meta Platforms and its CEO.The civil lawsuit, filed Tuesday in New Mexico state court, alleges that “Meta has allowed Facebook and Instagram to become a marketplace for predators in search of children upon whom to prey.” It also claims that Meta has failed to implement protections against usage by children below the age of 13 and has targeted the age-related vulnerabilities of children in the interest of increasing its advertising revenue. The suit says Chief Executive Mark Zuckerberg is personally responsible for product decisions that aggravated risks to children on ...
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