Week in review: IBM, WeWork, ViacomCBS, and more!
IBM CEO Ginni Rometty is stepping down after almost four decades with the company, WeWork’s parent company appoints real-estate executive Sandeep Mathrani as its new CEO, and ViacomCBS names NBCUniversal top executive George Cheeks as CEO of CBS Entertainment Group. Read more about this and other notable executive changes:
Ginni Rometty in Stepping Down as CEO of IBM
International Business Machines Corp. CEO Ginni Rometty is stepping down after eight years as head of the tech giant. Rometty will be succeeded by Arvind Krishna, who is IBM’s senior vice president for cloud and cognitive software. Read more here.
WeWork Appoints Real-Estate Executive Sandeep Mathrani as New CEO
WeWork’s parent company appointed a seasoned real-estate executive, Sandeep Mathrani, as its new CEO. Mathrani will be tasked with leading the company as it attempts to rebuild its reputation after its planned IPO collapsed last year. Read more here.
ViacomCBS Names Top NBCUniversal Executive George Cheeks to Head CBS
ViacomCBS has appointed George Cheeks, a top executive at NBCUniversal, as president and CEO of CBS Entertainment Group, effective March 23. He succeeds Joe Ianniello who will be leaving after more than two decades at CBS. Read more here.
Stefan Persson Steps Down as Chairman of H&M
After more than 20 years as Chairman of H&M Group, Stefan Persson has decided to step down from his position at the company. Current CEO, Karl-Johan Persson, will take over as Chairman and Helena Helmersson will succeed him as CEO. Read more here.
Match Group's CEO is Stepping Down, Being Replaced Internally
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