The latest from the frontlines of the world’s fastest growing companies and the teams doing the work. 

Meet The Team

The American pharmaceutical company announced Tuesday that Anat Ashkenazi will be stepping into the CFO role. 

Editorial credit: Jonathan Weiss / Shutterstock.com

Eli Lilly HQ

Eli Lilly CFO Resigns After Investigation Reveals 'Inappropriate Communication' with Employees

In recent years the representation of women in top corporate roles has been trending upwards, although from a somewhat dismal base – and even now 41 female Fortune 500 CEOs is just 41 out of 500. We’ve compiled a list of the 16 leading tech companies from the F500 with the highest percentage of women on their executive teams. 

F500 tech companies with the most gender diverse executive teams

The Most Gender Diverse Executive Teams in Tech in 2021

Virgin Galactic, a vertically integrated aerospace company, is appointing Seth Zaslow, as Vice President of Investor Relations. Zaslow will lead the liaison between Virgin Galactic and the investment community in this role.

Virgin Galactic Appoints Seth Zaslow as Vice President of Investor Relations. Image Source: Shutterstock.

Virgin Galactic Appoints Seth Zaslow as Vice President of Investor Relations

Seth Zaslow is Appointed as Vice President of Investor Relations at Virgin Galactic

Not the ones to wallow in regret, Australia’s financial sector has undertaken massive steps to turn things around. Driven by technology, the new faces of Australian finance are addressing many of the entrenched issues in the industry.

Example product shots from Sydney-based neobank 86 400. Courtesy of 86 400. 

86 400

Australia's Most Exciting Fintechs of 2021

Chief Field Officer at McDonald's, Charlie Strong, has announced his retirement, ending his 50-year long career at the company.

Charlie Strong. Image Source: Mc Donald's.

Charlie Strong. Image Source: McDonald's.

Charlie Strong Leaves McDonald's After 50 Years at the Company

As CFO, Hopkins will be responsible for contributing to accelerating the company as a leader for solutions in retail technology.

Joy-Hopkins

Toshiba Appoints New CFO for its Retail Solutions Business

The online wine startup hit $265M in sales in 2020 and just closed a $155M Series D round.

Scan a picture of a bottle of wine, and it will pop up on the Vivino app with reviews. Courtesy of Vivino.

Vivino App

Meet the Connoisseurs Behind Vivino’s $221 Million Wine App

Warner Media announced that CNN President Jeff Zucker, will be leaving the cable channel at the end of 2021.

CNN President Jeff Zucker, will be leaving the cable channel at the end of 2021. Image Source: Shutterstock.

Jeff Zucker

Jeff Zucker to Leave CNN by End of Year

As COVID-19 continues to challenge Uber’s ride sharing business, the company has made the decision to acquire Drizly, an alcohol delivery app, for $1.1 billion in cash and stock.

Uber acquires Drizly for $1.1 Billion. Image Source: Shutterstock.

Uber buys Drizly for $1.1 Billion

Meet the Drizly Team Uber is Buying for $1.1 Billion

Burgdoerfer’s retirement comes as L Brands, which currently operates Victoria’s Secret and Bath and Body Works, is looking to separate the two businesses.

Editorial credit: Mihai_Andritoiu / Shutterstock.com

Victoria's Secret

L Brands CFO is Retiring As Company Looks to Split with Victoria’s Secret 

So far, cannabis' return to the regulated market has been a bit of a cluster. A convoluted, complicated cluster. And while massive regulatory changes could be on the horizon, it’s one that has given the largest, first-to-market cannabis corporations a distinct advantage when it comes to expansion. 

The Ready to Roll pouch from Old Pal, a cannabis brand that sells only in California. Courtesy of oldpal.com.

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As National Legalization Grows Likely, State-By-State Regulations are Still Squeezing Cannabis Entrepreneurs 

These are the most notable hires, promotions, and departures within the US tech community in the last week. For executive news updated daily, check out The Org's People on The Move.

Editorial credit: Christos S / Shutterstock.com

Amazon CEO Jeff Bezos laughs in front of the company's logo.

The Biggest Executive Moves in Tech This Week

EVs aren’t new to Detroit, but today, Southeast Michigan-based automotive giants Ford, General Motors and Fiat Chrysler are investing heavily in EVs and in autonomous vehicles, from engineering to manufacturing. And electric truck maker Rivian is the city’s latest startup to boom, raising more than $5 billion in less than six months to support production. 

The Rivian R1T being driven in the woods. Courtesy of Rivian.

Rivian R1T

Innovation in the Motor City: Five Automotive Startups Designing and Building in Detroit

Ancestry announced that Deborah Liu has been appointed as CEO of the family history and consumer genomics company.

Incoming Ancestry CEO Deborah Liu. Image credit: Ancestry

Deborah Liu

Ancestry Hires Facebook's Marketplace Leader as CEO

GameStop announced that it has hired Matt Francis to fill its newly-created Chief Technology Officer role.

Editorial credit: Jillian Cain Photography / Shutterstock.com

GameStop storefront

GameStop Hires First-Ever CTO Amid Wall Street Drama

Schmaier initially joined the cloud-based software company as the former co-founder and CEO of Vlocity, which Salesforce acquired back in June 2020.

EDITORIAL CREDIT: SUNDRY PHOTOGRAPHY / SHUTTERSTOCK.COM

Salesforce

Salesforce Names Co-Founder of Vlocity as its New President and Chief Product Officer

Over the last several  years, high internet penetration rate (75% of the country’s 70 million citizens in 2020, up from 20% in 2018), the introduction of 5G, and a growing middle class have led to an e-commerce boom in the country. Thailand’s e-commerce industry grew 35% in 2019, from $5.2 billion to $7.1 billion in 2020, and now takes the second place globally in e-commerce adoption.

The Golden Grand Palace in front of downtown Bangkok. Courtesy of TWStock, Shutterstock.

Bangkok

Meet the Five Companies Behind Thailand’s E-Commerce Boom

In a titanic shakeup, Jeff Bezos has announced he will vacate the top spot at the e-commerce behemoth he founded 27 years ago.

Jeff Bezos at the Statue of Liberty Museum opening celebration in New York City. Editorial credit: lev radin / Shutterstock.com

Jeff Bezos

Jeff Bezos to Step Down as Amazon CEO, Andy Jassy to Take His Spot

Apple has hired a chassis expert, Manfred Harrer, from German sportscar giant Porsche to work on its own secretive car program, codenamed Project Titan, per Business Insider Deutschland.

Manfred Harrer presenting the Porsche Taycan in 2019. Image credit: Porsche

Manfred Harrer standing next to a Porsche Taycan

Apple Nabs Porsche Cayenne Boss for Mysterious Car Project

This market has presented huge opportunities for entrepreneurs in Africa to leverage, particularly in the sneakers value chain, due to the rise in streetwear culture and the hot climate driving consumer preferences towards casual wear. The footwear segment in South Africa alone is expected to reach  by 2025.

The Moja Edition sneakers from Bathu. Courtesy of Bathu.