The chief financial officer of money transfer firm Wise is stepping down following a bicycle accident last year. Matthew Briers, who has served as the British company’s CFO for eight years, announced he is leaving his job Monday (May 22), the latest in a string of recent finance chief...
J.P. Morgan has named PayPal veteran John Frerichs to oversee its SMB payments operations. The appointment, announced Monday (May 22) in a news release provided to PYMNTS, marks a sort of homecoming, as Frerichs previously held a number of leadership roles in J.P. Morgan’s small...
U.S. Bank has named a payments industry veteran to head its global banks division. William Flyge, who spent seven years in a senior business development role at Fiserv, will now oversee U.S. Bank’s credit, risk management and payment solutions offerings to financial institutions (FIs) worldwide,...
Elon Musk has confirmed that former NBCUniversal ad executive Linda Yaccarino is the new CEO of Twitter. “@LindaYacc will focus primarily on business operations, while I focus on product design & new technology,” Musk said in a Friday (May 12) tweet. “Looking forward to working with Linda to transform this platform into X,...
The incoming CEO of Twitter is reportedly NBCUniversal Chairman, Global Advertising & Partnerships Linda Yaccarino. Yaccarino is in talks for the role, The Wall Street Journal (WSJ) reported Thursday (May 11), citing unnamed sources. Twitter CEO Elon Musk tweeted earlier Thursday that he had hired a new CEO, but he did not identify the...
Elon Musk has hired a new CEO for X, the company formerly known as Twitter. The new, unidentified CEO will start in six weeks, and Musk will transition to a new role, Musk said in a Thursday (May 11) tweet. “My role will transition to being...
Revolut’s chief financial officer has stepped down two years after joining the British FinTech. Mikko Salovaara’s resignation was due to “personal reasons,” a company spokesperson told PYMNTS Thursday (May 11). “I am grateful for the opportunity to serve as group CFO at Revolut and remain...
General Motors (GM) has named former Apple executive Mike Abbott to lead a new software organization. As executive vice president, software, Abbott will lead a team that will bring together three software functions within the company that are currently distinct, GM said in a Tuesday...
Shopify is letting go more than 2,000 workers amid a renewed focus on eCommerce. The company announced Thursday (May 4) that it was reducing the size of its operations by 20% as it sells its logistics unit to Flexport. In a memo to employees, CEO Tobias Lütke said that “this...
