Coca-Cola CEO Muthar Kent To Step Down After 8 Years

Coca-Cola CEO Muthar Kent To Step Down After 8 Years

A week after Starbucks announced the impending departure of CEO Howard Schultz from the company’s top spot, another beverage behemoth is making changes to its executive offices: Coca-Cola CEO Muhtar Kent (pictured on the right) will step down from his position in May 2017.  [More]

Starbucks CEO Howard Schultz Stepping Down To Focus On Upscale Coffee

Starbucks CEO Howard Schultz Stepping Down To Focus On Upscale Coffee

After eight years as the man behind the morning cup of joe for many millions of coffee drinkers, Starbucks CEO Howard Schultz has decided to step aside and let someone else run the coffee colossus. [More]

(www.GlynLowe.com)

Whole Foods Names Co-Founder John Mackey As Sole CEO

For six years, Whole Foods has been run by two co-CEOs, but amid increased competition and sagging revenue, the high-priced grocery chain has decided it’s for the best to have only one person leading the company: co-founder John Mackey.  [More]

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Southwest Airlines CEO Says He Won’t Be Leaving Despite Four Union Votes Of “No Confidence”

Days after the Southwest Airlines pilots union — and three other airline employee unions — took a vote of no confidence and called for the resignation of CEO Gary Kelly, blaming the head honcho for a massive technical glitch that canceled 700 flights and stranded thousands of passengers last week, the man in charge says he isn’t going anywhere.  [More]

Nicholas Eckhart

Neiman Marcus CEO Denies Reports She’s Stepping Down

There have been several rumors circulating in the retail world recently when it comes to Neiman Marcus: the company is looking for a buyer, or that Karen Katz, the retailer’s top executive, is headed for the exit. However, Katz has publicly declared that, contrary to the whispers, she’s not going anywhere. [More]

Mike Mozart

Staples CEO Stepping Down After Failed Office Depot Acquisition

Staples announced today that its chairman and chief executive officer, Ron Sargent, is giving the public his two-week notice: he’ll be stepping down on June 14, after the company’s next shareholders meeting. Sargent has been CEO of the office superchain since 2002, and has worked for Staples since 1989, when the company was only three years old. [More]

(Mark Clifton)

Former JCPenney CEO: Should Have Stayed With My Plan Despite $6B Loss

Former JCPenney CEO Ron “No Sales Here” Johnson may have cost the retailer $6 billion in sales during his tenure, but the executive believes his plan could have turned around the company, eventually.  [More]

(Adam Fagen)

United CEO May Have Made Millions By Returning Early From Heart Transplant

United Airlines CEO Oscar Munoz returns to work on Monday only two months after a heart transplant. Was the airline exec’s speedy recovery spurred by a desire to get back to business, or did Munoz return earlier than planned because it was the only way to earn his full bonus?
[More]

Snapchat Employee Falls For CEO Email Scam, Reveals Some Employees’ Personal Info

Snapchat Employee Falls For CEO Email Scam, Reveals Some Employees’ Personal Info

Last week, we warned readers that the so-called “CEO email scam” was back (did it ever really go away?) with a tax season twist: asking employees to hand over files of employee information, such as a W-2 form. The folks at Snapchat apparently didn’t get the memo, as the photo sharing company announced that it was the victim of a phishing scam that led to ne’er-do-wells getting their hands on the personal information of some employees.  [More]

Letter To Macy’s CEO Gets Changing Tables Installed In Men’s Restrooms

Letter To Macy’s CEO Gets Changing Tables Installed In Men’s Restrooms

Sometimes taking your concerns with a company to the top level really does get the job done. Case in point: a Maryland man shared his disappointment that a local Macy’s didn’t equip the men’s bathroom with changing tables to the retailer’s CEO. One week later, the store’s bathrooms were renovated.
[More]

(Freaktography)

Martin Shkreli Terminated From Another CEO Gig Following Fraud Charges

Things continue to unravel for Martin Shkreli, best known as the guy whose company bought the rights to a previously affordable, life-saving generic drug, then increased its price by 5,400% overnight. After being arrested last week in an unrelated securities-fraud investigation, the “pharma bro” has lost his spanking-new job as CEO of KaloBios Pharmaceuticals.  [More]

United Names Interim CEO While Oscar Munoz Recovers From Heart Attack

United Names Interim CEO While Oscar Munoz Recovers From Heart Attack

For the second time in just over two months, the United Airlines board of directors has announced a new leader as its recently appointed CEO, Oscar Munoz recovers from a heart attack. [More]

Even Airline CEOs Aren’t Immune To Carriers Losing Their Bags

Even Airline CEOs Aren’t Immune To Carriers Losing Their Bags

When talking about the airline you run, it probably isn’t the best idea to start out by recounting how said carrier misplaced your bags on your latest flight. Unless, maybe, you’re trying to seem relatable and let consumers know that accidents happen. But even then, it can’t be anything less than embarrassing.  [More]

(yarnzombie)

How The New McDonald’s CEO Could Improve Restaurants Worldwide

For years now, we’ve referred to Taco Bell CEO Greg Creed as “curiously Australian,” since it’s unexpected and exotic for a Tex-Mex fast-food joint to be run by someone from the other side of the planet. Now another fast-food company has a chief executive from elsewhere in the Anglophone world: the incoming CEO of McDonald’s, Steve Easterbrook, is British. [More]

How E-Mailing The Samsung CEO Helped Me Break Free Of Refurbished Replacements

How E-Mailing The Samsung CEO Helped Me Break Free Of Refurbished Replacements

Todd was having problems with his Samsung Galaxy phone, so he traded it in for a refurbished warranty replacement. The replacement phone turned out to be defective, too. Rather than enter the perpetual cycles of smartphone replacement purgatory, he knew there had to be another way. He looked for one, and found it in a recent post about a reader who deduced the e-mail address of Samsung’s CEO and used that information to get the company to actually honor its warranty.

[More]

Big Businesses Admit Being Really Bad At Math… When It Comes To How Much A CEO Earns

Big Businesses Admit Being Really Bad At Math… When It Comes To How Much A CEO Earns

In March, a group of two dozen lawmakers prodded the Securities & Exchange Commission to finally get around to enforcing Section 953(b) of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires publicly traded companies to disclose the ration between CEO pay and the median pay for the rest of their employees. Now that the SEC is prepping to release those rules, these companies are suddenly claiming a lack of basic math skills.

[More]

Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC

Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC

His extreme orangeness, former CEO and founder of Countrywide Home Loans Angelo Mozilo, is about to be slapped with civil fraud charges, according to the Wall Street Journal.

Don't You Wish You Made $1 A Year Like AIG's CEO?

Don't You Wish You Made $1 A Year Like AIG's CEO?

The NYT DealBook Blog says that AIG’s $1 interim CEO is living pretty well, despite the whole “being hated for something you didn’t do” thing.