T-Mobile
With a $214 billion market cap, the largest U.S. telecommunications company, T-Mobile, promotes Daniel Drobac as the new Chief Accounting Officer. Second and third players, China Mobile and Verizon, trail closely behind at $213 billion and $178 billion. However, partnerships with Disney and NVIDIA have bolstered T-Mobile in the AI and 5G space. Analysts anticipate a $15.8 billion revenue in April 2028, up from its current $11.34 billion. Read More
Dropbox
Dropbox’s revenue growth fell short of Wall Street projections. Though revenue growth was excruciatingly slow, net profit and revenue exceeded analysts' expectations. Chief Customer Officer Eric Cox also plans to step down. Cox previously served as the COO at Vimeo and held a variety of sales and digital media positions at Adobe during his 19-year career. The cloud storage giant continues to put its hopes in Dropbox Dash as a chief revenue driver, trying to kickstart its turnaround plan with layoffs in sight. Read More
Trivago
Finally returning to profitable growth since Q4 of 2024, the leading global hotel search platform Trivago appoints Wolf Schmuhl as the new CFO. Current Head of Corporate Finance & Development at Trivago, Schmuhl knows the ins and outs of the online booking platform, having manned M&A, Investor Relations, Treasury, ERP, and Procurement. Read More
BP
BP ditches its green strategy due to pressure from investors like Elliott Investment Management. With a 5% stake and the third largest shareholder in BP, CEO Helge Lund announced plans to step down. It’s back to fossil fuels as plans to slash clean energy investments in biofuel, biogas, hydrogen, etc. are underway. A yearly $10 billion spend in crude oil and gas investments has the UK-based behemoth aiming to produce 2.3. million - 2.5 million barrels of oil by 2030. Oil execs continue to hold their breath as the ongoing trade war affects oil prices and production. Read More
Harley Davidson
Engines rev and exhaust fumes suffocate the boardroom of the iconic motorcycle company Harley Davidson. Chairman, President, and CEO Jochen Zeitz announced his plans to step down, but intended to stay on until a replacement was found. H partners, the second largest shareholder with a 9.1% stake blames Zeitz for the destruction of shareholder value following a 45% drop in share price. The investment firm calls for an impromptu withhold-the-vote campaign to force Zeitz out effective immediately. Read More
Mercedes Benz
Mercedes Benz gets a new CEO. Adam Chamberlain joins the company again after a 5-year stint as the VP of Sales and Product Management. Taking a break from the premium car and van supplier, Chamberlain served as EVP and COO of Lithia & Driveway, one the largest automotive retailers in the nation. He brings a great blend of strategy and operations while being familiar with the team, dealers, and customers. Read More
Ryder
Previous co-founder and CTO of Convoy, the $4 billion digital freight brokerage start-up that shut down in October 2023, is now CTO and Chief Product Officer of Ryder. The logistics and supply chain management giant that acquired Baton in 2022 reported a $12.6 billion earning in revenue last year, up by a whopping 7%. Read More
Varo Bank
Ex-Expedia CTO Rathi Murthy, ousted for violating company policy, is now the new CTO for Varo Bank. The San Francisco-based all-digital national bank has a rep for financial inclusion and was the first neobank to receive a national bank charter from the OCC. Murthy has also held the CTO position at Verizon Media and exec roles at Yahoo and eBay. Read More
Hewlett Packard Enterprise
Activist Elliott Management makes headlines for building more than $1.5 billion stake in Hewlett Packard Enterprise (HPE). As stocks soar by 7.3%, the edge-to-cloud platform hires Stacy Dillow as Executive Vice President and Chief People Officer (CPO). Dillow joined from Fluor Corporation and brings over 30 years in HR management, culture, and inclusion. Read More
Caterpillar
100-year-old company Caterpillar says goodbye to CEO D. James Umpleby III following a 45-year legacy. Serving as CEO for 8 years, Umpleby will transition to Executive Chairman of the Board effective May 1. 28-year vet Joseph E. Creed will become the new CEO of the marine propulsion system and global construction company. Read More
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