The 10 Most Important Executive Moves This Week
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This week, Wayfair's marketing chief retired, Nike found a new North American leader, Ant's CEO unexpectedly resigned, and Instacart recruited Uber Eats' product head.
This week, Wayfair's marketing chief retired, Nike found a new North American leader, Ant Group's CEO unexpectedly resigned, and Instacart recruited Uber Eats' product head.
These are our top picks for the most important executive appointments and departures this week. For executive news updated daily, check out The Org's People on The Move.
1. Chief Executive Officer of Ant Group Resigns Unexpectedly
Ant Group CEO, Simon Hu unexpectedly resigned, citing personal reasons. According to Bloomberg, he will also be stepping down from his role as executive director on the company’s board. Eric Jing, Ant’s chairman, will take on the additional responsibility of CEO, effective immediately.
2. Progressive Announces Longtime CMO is Retiring
The CMO behind some of Progressive’s most iconic commercials and characters such as "Flo" and the parent life-coach "Dr. Rick," is retiring. Progressive announced Wednesday that Jeff Charney will be leaving next January after over a decade of working in the position.
3. Shell Appoints Former BHP CEO as Next Chairman
Royal Dutch Shell announced on Thursday that mining industry veteran Andrew Mackenzie will lead as its next chairman. Mackenzie, who was the former CEO of the BHP Group, was tapped to lead the company in its shift away from oil and gas to low-carbon energy.
4. Bob Sternfels Named Global Managing Partner of McKinsey Amidst Reputational Crisis
McKinsey & Company, the largest of the Big Three management consulting firms, announced that Bob Sternfels will become its Global Managing Partner in July after the company’s recent reputational crisis.
5. Moderna Finds New Legal Chief During Vaccine Rollout
Moderna has named Shannon Thyme Klinger as its new Chief Legal Officer, replacing Lori Henderson who plans to retire later in 2021. When Klinger steps into her new role on June 1, 2021, she will hold a position on Moderna’s Executive Committee and serve as the biotech company’s Corporate Secretary.
6. Uber Eats Loses Product Head To Instacart
Daniel Danker, the Senior Director of Product for Uber Eats, confirmed the rumors of his departure from Uber to Instacart in a tweet. Whispers about Danker’s role change were first reported by The Information on March 5.
7. Post-Ghosn Nissan Announces Multiple Senior Management Changes and Global Restructuring Plans
Japanese automaker Nissan has announced multiple senior leadership changes, as it makes progress on global restructuring plans post the downfall of Carlos Ghosn, the company’s former Chairman.
8. Mastercard Leader Exits For Midwest Fintech Startup
Dwolla, a payments startup based out of Des Moines, Iowa, has secured a wealth of industry knowledge by hiring Mastercard’s SVP of Global Acceptance Solutions, Dave Glaser, as its President and COO.
9. Wayfair’s Product & Marketing Chief Retires After 14 Years
Online and home goods destination Wayfair has announced that its veteran Chief Product & Marketing Officer, Ed Macri, will retire this summer on June 30, 2021.
10. New GM of Nike North America Named After Reselling Scandal
Nike announced senior leadership changes today after the departure of Ann Hebert, who resigned from the company after a reselling scandal. Sarah Mensah is now the VP/GM of North America. Amy Montagne succeeds her as VP/GM of Asia Pacific and Latin America (APLA). Both women report directly to Heidi O’Neill, President of Consumer and Marketplace, effective today.
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