Week in review: Microsoft, Twitter, Facebook, and more!

Anne Chou
Week in review

Week in review

We know that this is an unsettling time for everyone, and hope that you and your family remain healthy and safe throughout this global health challenge. An increasing number of companies are asking employees to work from home which you can read more about here.

This week, Bill Gates announced his departure from Microsoft's board to focus on philanthropy. Read more about this and other notable executive changes:

Bill Gates to Leave Microsoft and Berkshire Hathaway’s Boards

Bill Gates is stepping down from the board of directors of Microsoft and Berkshire Hathaway to devote more time to his philanthropic endeavors. Read more here.

Twitter and Activist Investor Reach Agreement, Jack Dorsey Remains as CEO

Twitter announced that it has reached an agreement with activist investor Elliot Management Corp., which had called for the ouster of Jack Dorsey as CEO of the social media company. Read more here.

Kenneth Chenault Steps Down From Facebook’s Board

Kenneth Chenault, former American Express CEO, is stepping down from Facebook’s board of directors following disagreements with CEO Mark Zuckerberg. Read more here.

UPS Replaces CEO David Abney With Former Home Depot Finance Chief

United Parcel Service Inc. announced that CEO David Abney is stepping down, and will be replaced by board member and former Home Depot chief financial officer Carol Tomé. Read more here.

Wells Fargo Chairwoman Elizabeth Duke Resigns Ahead of Congressional Hearing

Wells Fargo chairwoman Elizabeth Duke resigned from the board ahead of her scheduled testimony at a congressional hearing this week over the bank’s response to a series of consumer scandals. Read more here.


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