CEOs

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CEO Gets 15 Years After Fatal Fire at Battery Plant

Aricell chief Park Soon-kwan's son also got a 15-year prison sentence after blaze that killed 23

(Newser) - The CEO of a lithium battery manufacturer in South Korea is headed to the clink after one of his company's factories went up in flames last year, killing 23. Park Soon-kwan, head of Aricell, was sentenced to 15 years behind bars on Tuesday, in what NBC News says is...

Eisner Questions Disney After Kimmel Suspension

Former CEO criticizes former company's response to political pressure over Kimmel's Kirk remarks

(Newser) - It's been almost a year and a half since Michael Eisner posted anything on his X account, but this week the ex-Disney CEO broke his silent streak, criticizing his former company's leadership for its decision to suspend Jimmy Kimmel's late-night show on ABC, which Disney owns....

Target Names New CEO Who's Coming in With 'Urgency'

COO Michael Fiddelke will take over for current chief exec Brian Cornell, stepping down Feb. 1

(Newser) - Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down on Feb. 1. Minneapolis-based Target Corp. said Wednesday that COO Michael Fiddelke, a 20-year company veteran, will succeed Cornell,...

Op-Ed: He Should Get the Most Coveted CEO Job in America

Brian Chesky of AirBnb should be the next CEO of Disney, writes David Lidsky at Fast Company

(Newser) - The most coveted CEO shoes to fill in America belong to Bob Iger, who will announce the eighth person to run Disney next year. Much of the chatter has focused on internal candidates, but David Lidsky at Fast Company points to the unlikely name of AirBnb CEO Brian Chesky as...

Trump Tells Intel CEO: Resign Now
Trump Tells
Intel CEO:
Resign Now
Aug 7, 2025 11:00 AM CDT

Trump Tells Intel CEO: Resign Now

Demand comes after GOP Sen. Tom Cotton questioned Lip-Bu Tan's China links

(Newser) - President Trump is calling for the immediate resignation of Intel CEO Lip-Bu Tan, citing concerns over Tan's previous business connections to China. Trump made the demand Thursday on Truth Social , stating that Tan is "highly CONFLICTED" and "there is no other solution" other than for him...

The Business World's Most Powerful People

Nvidia CEO Jensen Huang tops Fortune 's list

(Newser) - Chip manufacturer Nvidia has been in the news of late for becoming the world's first company to hit the $4 trillion mark , and now its CEO is also making news. Jensen Huang tops Fortune's list of the most powerful people in the business world, only the second time...

CEO, HR Chief Placed on Leave After Kiss Cam Chaos
CEO Resigns
After Cameo
on Kiss Cam
updated
Jul 19, 2025 4:03 PM CDT

CEO Resigns After Cameo on Kiss Cam

The internet isn't letting the Andy Byron-Kristin Cabot scandal die

(Newser) - The married tech CEO who was caught on a Kiss Cam at a concert embracing his company's human resources chief has resigned, Astronomer announced Saturday. The company had told CBS News the day before that Andy Byron had been placed on leave while the company conducted an investigation. "...

10 Most Powerful Women in Business
10 Most
Powerful
Women in
Business
May 20, 2025 9:35 AM CDT

10 Most Powerful Women in Business

Fortune places GM CEO Mary Barra at the top of its list

(Newser) - Fortune is out with its annual "most powerful women in business" list, this time using "a more complex scoring system" than in the past that "gives an edge to CEOs." Indeed, seven out the top 10 on the magazine's list boast that chief executive...

UnitedHealth Just Pulled a CEO Switcheroo

Andrew Witty is out for 'personal reasons,' Stephen Hemsley returns to the top post he left in 2017

(Newser) - UnitedHealth just called in a familiar face after a massive earnings miss—former CEO Stephen Hemsley is back at the helm, replacing Andrew Witty, who's out effective immediately, with the company citing "personal reasons" for his departure, per the Wall Street Journal . The company is turning to...

Kohl's Just Fired Its New CEO
Kohl's Just Fired Its New CEO
May 1, 2025 10:25 AM CDT

Kohl's Just Fired Its New CEO

Company says Ashley Buchanan made deals involving 'undisclosed conflicts of interest'

(Newser) - One of America's largest department store chains has fired its CEO for cause after less than four months in the job. Kohl's says an investigation determined that Ashley Buchanan "violated company policies by directing the Company to engage in vendor transactions that involved undisclosed conflicts of interest,...

CEO Accused of Choking Barefoot Cruise Passenger

FBI says altercation began when Kenneth DeGiorgio's wife asked man to put his shoes on

(Newser) - An incident that led to an assault charge for a CEO began when the man's wife told a stranger dancing barefoot at a cruise ship cocktail lounge to put his shoes on, authorities say. Kenneth DeGiorgio, CEO of First American Financial Corporation, allegedly choked the man after he swore...

White House 'Forced' Out Amtrak CEO: Report

Stephen Gardner says he's stepping down, soon after Elon Musk called to privatize the railway

(Newser) - Under pressure from the White House, Amtrak's CEO announced Wednesday he was leaving the top spot at the railroad, reports the Hill . "I am stepping down as CEO to ensure that Amtrak continues to enjoy the full faith and confidence of this administration," Stephen Gardner, who worked...

Jamie Dimon Is Blunt on Trump's Tariffs: 'Get Over It'

JPMorgan Chase CEO says they're good for national security

(Newser) - Put JPMorgan Chase CEO Jamie Dimon in the camp that's just fine with President Trump's potential tariffs. Speaking from the World Economic Forum in Davos, Switzerland, Dimon had this to say to CNBC's Andrew Ross Sorkin: "If it's a little inflationary, but it's good...

The Economist Picks Its CEO of the Year

Alex Karp co-founded Palantir Technologies

(Newser) - The Economist has picked the CEO of the S&P 500's best-performing stock of 2024 as its CEO of the year. Alex Karp, 57, is CEO and co-founder—along with Peter Thiel, among others—of data-analytics giant Palantir Technologies. Palantir, which was added to the S&P 500 in...

Bank Sorry for Worker Allegedly Trying to Kill Clients

Kentaro Okuda, CEO of Japan's Nomura, to take 30% pay cut for 3 months in response

(Newser) - The head of Japan's largest investment bank has apologized and agreed to a temporary pay cut after an ex-employee was charged with trying to kill clients. The Nomura employee, who gave asset management advice to individuals and corporations, allegedly robbed the clients before setting fire to their home during...

He Made Spirit Airlines Into a 'Dollar Store in the Sky'
He Gave Spirit Airlines
Its 'Bad-Boy Image'
OBITUARY
Nov 13, 2024 9:55 AM CST

He Gave Spirit Airlines Its 'Bad-Boy Image'

Former CEO Ben Baldanza has died at 62 of Lou Gehrig's disease

(Newser) - Ben Baldanza, the former CEO of Spirit Airlines who helped pioneer the concept of no-frills flying, has died. The New York Times reports that the 62-year-old, who had amyotrophic lateral sclerosis (aka ALS, or Lou Gehrig's disease), passed away on Election Day at his home in Arlington, Virginia, according...

Ex-CEO Found Dead After Missing Sentencing

Former S-Ray CEO Stephen Baird was to meet some of the investors he defrauded of $11M

(Newser) - The former CEO of medical device startup S-Ray has been found dead after missing a sentencing hearing for wire fraud over his misuse of investor money. Stephen Baird, 69, was expected to see many of the 200 investors he defrauded of a combined $10.75 million in US District Court...

SBF's Ex Could Get Years Behind Bars at Sentencing
Judge: SBF's Ex Can't
Avoid Prison Time
UPDATED
Sep 24, 2024 3:33 PM CDT

Judge: SBF's Ex Can't Avoid Prison Time

Caroline Ellison sentenced to 2 years

(Newser) - Caroline Ellison was sentenced to two years in prison on Tuesday after she apologized repeatedly to everyone hurt by the FTX fraud. US District Judge Lewis A. Kaplan said Ellison's cooperation in the case was "very, very substantial" and praised her testimony. But he said a prison sentence...

CEO Leaves a 'Remarkable Legacy' at Waffle House

CEO Walt Ehmer, who joined the company in 1992, has died at 58 after a long illness

(Newser) - Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday. Ehmer joined Waffle House in 1992 and quickly rose to senior leadership, becoming president of the company in 2002...

America's Highest-Paid CEOs
America's Highest-Paid CEOs
Sep 2, 2024 2:25 PM CDT

America's Highest-Paid CEOs

Quartz runs down the top 10 following an AFL-CIO report

(Newser) - Happy Labor Day, here's a "fun" fact for you from AFL-CIO's 2024 report on executive pay : "It would take more than five career lifetimes for workers to earn what CEOs receive in just one year." The report finds that last year, corporate profits and executive...

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