Wells Fargo Chief Executive Tim Sloan told Bloomberg late last week that he plans to stay on at the company for the next decade. According to a report in American Banker, covering comments Sloan made, the commitment to running the company comes amid rumors that the...
Entersekt, the push-based authentication and mobile app security company, announced that it has appointed FinTech veteran Christian Ali as its country manager of Canada. The news comes as Entersekt continues its expansion into the United States and Canadian markets. Ali has spent more than 20 years...
Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive. The Wall Street Journal, citing a letter Ma addressed to customers, reported Ma said he would stay on the board...
Jack Ma, the co-founder and executive chairman of Alibaba, the Chinese eCommerce giant, will step down from the company early next week, reported The New York Times. According to the report, Ma will step down from the company to pursue philanthropy in education. Ma, noted The...
Tim Armstrong has had an eventful three years at Verizon. His career at the firm started around the time Verizon bought out AOL and right before the big Yahoo acquisition had to be navigated. He was brought on as the head of Verizon’s media and advertising business,...
Imagine this: You are watching a movie or TV show at home —it’s been a long week and you are vegging out, a glass a wine on the table — and you decide you like a shirt worn by one of the characters, or that you...
If one were looking at the economy a decade ago, Stripe COO Claire Hughes Johnson told Karen Webster, the biggest challenge businesses faced in growing was clear: access to capital. Ten years ago, the economy was in the midst of the “Great Financial Crisis,” and businesses were reeling from the...
U.S. Bank announced that John Elmore, vice chairman of Community Banking & Branch Delivery, will retire, which has led to a major reorganization at the financial institution. Elmore, a 38-year veteran of the banking industry, who has been with U.S. Bank for most of his...
BNY Mellon has announced Roman Regelman as its new senior executive vice president and head of digital. Regelman will start his position on Sept. 17, reporting directly to the company’s Chairman and Chief Executive Officer, Charles W. Scharf. In addition, Regelman will join the firm’s Executive...