Specialty apparel company Gap has appointed Mattel veteran Richard Dickson as its president and CEO, effective Aug. 22. Dickson is currently president and chief operating officer at global toy company Mattel, where he “restored the company to growth” and was a leader in reinvigorating the brands Barbie, Hot Wheels and Fisher-Price,...
Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG). Yang will report to Eric Jing, chairman and CEO of Ant Group, and is tasked to lead the the company’s international growth and further solidify partnerships,...
Paytronix has appointed industry veteran and current board member Jeff Hindman as its new CEO. Hindman succeeds the company’s founder and current CEO, Andrew Robbins, who will assume the new role of executive chairman, Paytronix said in a Tuesday (July 18) press release. These moves aim to position Paytronix for...
Amazon laid off a “small number” of employees in its Pharmacy business Thursday (July 13). The layoffs come after the retail giant completed its largest job reduction in its 29 years, focused on grocery and devices, CNBC reported Friday (July 14). Reach for comment by PYMNTS, Amazon spokesperson Brad...
James Bullard, president and CEO of the Federal Reserve Bank of St. Louis, has announced his resignation. Bullard stepped down from those roles Thursday (July 13) and will leave the bank effective Aug. 14 to become the inaugural dean of the Mitchell E. Daniels, Jr. School of...
The Department of the Treasury has named Andrea Gacki as the new director of the Financial Crimes Enforcement Network (FinCEN). As the current director of the Office of Foreign Assets Control (OFAC), Gacki has a track record of leading the U.S. government’s implementation and enforcement of economic sanctions, the Treasury Department...
Corcentric has named President and Chief Operating Officer Matt Clark to the company’s top job. Clark, who has been with the procurement and finance solutions firm for 19 years, was appointed CEO Tuesday (July 11), taking over for his father, outgoing CEO Doug Clark, according to a press release....
J.P. Morgan has added former SVB Capital President John China to its Innovation Economy (IE) business. China will serve alongside Melissa Smith as co-head of IE for Commercial Banking (CB), J.P. Morgan said in a Tuesday (July 11) press release emailed to PYMNTS. Smith is continuing her dual role as co-head of IE and...
Uber Chief Financial Officer Nelson Chai is reportedly planning to leave the firm after five years. Chai told the company’s CEO, Dara Khosrowshahi, that he intends to move on, but an effective date has not been chosen, Bloomberg reported Monday (July 10), citing unnamed sources. Uber did not immediately reply...