Week in Review: Lime, easyJet, Visa and More
This week, jobless claims filed in the US passed 40 million, meaning that 1 in 4 American workers have filed for unemployment during the coronavirus pandemic. There were two major CFO departures, from e-mobility company Lime and low-cost airline easyJet. The CEO of augmented reality unicorn Magic Leap also announced his departure, alongside some more positive news - that the company has secured $350 million in new funding, allowing it to withdraw layoff notices it had issued to hundreds of employees.
Lime Loses its First Finance Chief
In an exclusive story, The Org reported that the CFO of Lime, Ted Tobiason, has departed the company. Tobiason joined Lime in February 2019 as the company’s first CFO. Read more.
EasyJet’s Finance Chief Departs After Attempted Ousting
Andrew Findlay, the CFO of British low-cost airline easyJet has given his contractually obligated 12-month notice and will leave the company in May 2021. Read more.
Visa Taps Capital One Exec for Chief Strategy Officer Role
Visa has hired Chris Newkirk to fill the newly created Chief Strategy Officer position at the company. Read more.
Magic Leap’s Founder Will Step Away From Leadership Role
Rony Abovitz, the Founder and CEO of augmented reality unicorn Magic Leap, announced his intention to step down from his position at the head of the company. Read more.
Aston Martin Lures New CEO From Mercedes-AMG
Iconic British sports car maker Aston Martin Lagonda has hired Mercedes-AMG CEO Tobias Moers as the company’s new Chief Executive. Read more.
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