Two months after Uber’s board of directors made CEO Travis Kalanick’s leave of absence permanent, the ride-hailing company has chosen Expedia’s head honcho Dara Khosrowshahi as its next top boss. [More]
meet the new guy
Ralph Lauren Gambles On New CEO With Background In Beauty (And Laundry) Products
After the last CEO of Ralph Lauren (the clothing company) butted heads with Ralph Lauren (the man) and made a quick exit in February, the company has announced it’s taking a slightly different tack by hiring a new top executive without prior experience in the apparel business. [More]
New Target CEO Promises To Not Turn Retailer Into A Grocery Store
Several years back, we started hearing complaints from Target shoppers that their local stores were eschewing large chunks of floor space that had been dedicated to things like home furnishings and housewares in order to make room for more groceries. Many expressed concern that their beloved quirky-but-affordable retailer was going to become a supermarket chain that also sold towels and sweatpants. The company’s new CEO is now trying to convince those worried customers that Target is not undergoing some radical shift. [More]
White House Picks Princeton Prof. Krueger For Top Economic Adviser Gig
Now that economic adviser — and Consumerist pal — Austan Goolsbee has departed the White House, President Obama has a spot to fill. Today he announced the choice of Princeton labor economist Alan Krueger to be chairman of the White House Council of Economic Advisers. [More]