In Uber news this week, sources have revealed that Benchmark, Uber’s biggest investor, wants Meg Whitman to be the ridesharing company’s new CEO. Whitman is currently the CEO of Hewlett Packard Enterprise. And while she had publicly denied she wanted the job on July 27...
On the heels of its recent IPO, meal kit food delivery service Blue Apron is implementing a hiring freeze in select departments and has issued layoff notices to 14 of its recruiters, according to news from TechCrunch. The company is also shuttering its existing New Jersey plant and shifting...
Macy’s has tapped Hal Lawton to serve as its next president, succeeding Jeff Gennette, who is now the retailer’s CEO. Lawton comes to Macy’s from eBay, where he held the role of senior vice president. He will officially join Macy’s on Sept. 8. While at eBay,...
Cardtronics, the ATM owner and operator, announced news on Monday (Aug. 21) that Chief Executive Officer Steven A. Rathgaber, 64, will retire from his executive and directorial roles, effective December 31, 2017. In a press release, the company said Edward H. West, 51, presently Cardtronics’...
Citigroup announced news on Tuesday (Aug. 15) it had appointed Gonca Latif-Schmitt as the global head of its commercial cards business. In a press release, the bank said the global commercial cards business is a core unit for Citi and a key differentiator from other...
Wells Fargo & Company has announced that Elizabeth “Betsy” Duke will succeed Stephen Sanger as independent chairman of the board, a result of shareholder displeasure over the company’s recent scandals. According to a news release, Sanger, along with long-serving directors Cynthia Milligan and Susan Swenson, will...
Wells Fargo, the embattled bank that is potentially dealing with a new scandal, is gearing up for a major overhaul that could result in Stephen Sanger, the bank’s nonexecutive chairman of the board, stepping down. According to a news report in The Wall Street Journal, citing...
TransferWise, the U.K. FinTech startup, announced news on Tuesday (July 18) that the two co-founders have switch the CEO role. According to a blog post from co-founder Taavet Hinrikus, Kristo Kaarmann, the other founder, is taking over as the CEO of the money transfer startup....
The Bank of New York Mellon announced Monday (July 17) that it named Charles W. Scharf, chief executive officer and a director of the company, effective immediately. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of...
