Spotify
After nearly two decades as CEO, Spotify founder Daniel Ek is shifting to executive chairman. Day-to-day leadership passes to co-CEOs Gustav Söderström (former Chief Product & Technology Officer) and Alex Norström (former Chief Business Officer), formalizing a structure already in place. And in a surprising twist, despite its rivalry with Amazon Music, Spotify has teamed up with Amazon Ads to boost programmatic revenue and give Amazon DSP advertisers access to its nearly 700M monthly users. Read More
Comcast
Comcast has named Mike Cavanagh, its President and former CFO, as co-CEO alongside Brian Roberts, signaling a strategic pivot for growth. Cavanagh, who will also join the Comcast board, has already driven major changes at NBCUniversal, including spinning out cable TV networks, with Comcast shares up 9% during his tenure despite an early 15% dip this year. Read More
AWS
Stéphane Israël, a former Boston Consulting Group partner, has been appointed managing director of AWS’s European Sovereign Cloud. Backed by a €7.8B pledge through 2040, the new division will launch by year-end with an independent EU-based parent and security operations center, reinforcing AWS’s commitment to data privacy and localization in Europe. Read More
Nintendo
Nintendo of America is leveling up its leadership. Devon Pritchard will take the controller from retiring President and COO Doug Bowser, bringing nearly two decades of gaming industry experience and fresh off steering the blockbuster Switch 2 launch as EVP of revenue, marketing, and consumer experience. Adding even more power to the roster, Satoru Shibata will step in as CEO, bolstering Nintendo’s executive team for its next chapter. Read More
Starbucks
Starbucks CTO Deb Hall Lefevre has resigned amid layoffs and six straight quarters of declining sales. Not even a hot pumpkin spice latte can lift morale as hundreds of stores will close by the end of 2025. Interim CTO Ningyu Chen now leads a tech-driven overhaul with AI-powered inventory, upgraded POS systems, and an AI assistant for baristas to help revive the brand. Read More
Anthropic
Riding rapid growth and a $183 billion valuation, AI safety leader Anthropic has appointed Chris Ciauri, formerly of Google and Salesforce, as its new MD of International to drive global expansion. With 80% of Claude usage already outside the US and revenue climbing, the company is bolstering its executive team to sustain its momentum. Read More
Period Labs
Periodic Labs, co-founded by ex-Google Brain/DeepMind researcher Ekin Dogus Cubuk (creator of GNoME) and former OpenAI VP Liam Fedus (ChatGPT co-creator), has emerged from stealth with a massive $300M seed round. The startup aims to automate scientific discovery with AI scientists and robotic labs inventing new superconductors and advanced materials—marking a major push in AI-driven materials science. Read More
L’Oréal
L’Oréal has named Alexis Perakis-Valat, who joined the company in 1994, as CEO of L’Oréal USA and President of North America, bringing decades of global leadership experience to the role. He succeeds David Greenberg, who steps into the newly created position of Chairman of L’Oréal USA. The moves underscore the strategic importance of the US market for the French beauty giant’s growth. Read More
Maximor
Former Microsoft execs have launched Maximor, an AI platform designed to replace Excel in finance tasks like reconciliation and audit prep. Led by CEO Ramnandan Krishnamurthy, Maximor uses AI agents to integrate with existing systems, unify data, and deliver real-time visibility. Early customers like Rently report halved month-end closing times and more focus on strategic work. Read More
QumulusAI
QumulusAI, a GPU-powered cloud infrastructure provider for AI, has appointed Michael Maniscalco as CEO to propel the company through a rapid growth phase. Maniscalco, formerly CTO of Applied Digital, brings deep expertise in scaling high-performance computing platforms, having deployed 6,000 state-of-the-art GPUs in 12 months in his previous role. Read More
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