Payments technology firm Global Payments has named a new chief executive. Jeff Sloan, who has held the CEO post for nearly 10 years, announced his departure Monday (May 1), with Chief Operating Officer Cameron M. Bready set to take his place. “It has been the...
Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs. The company said last week it would “significantly reduce” the size of its employee base, and it revealed just how significant Thursday (April 27), saying in a regulatory filing...
Fanatics has appointed Deborah Crawford as senior vice president, head of investor relations. In her new role, which is a newly created position at Fanatics, Crawford will focus on the firm’s relationships with current and future shareholders, the online sports platform said in a Thursday...
GoodRx has appointed former GoDaddy CEO Scott Wagner as interim CEO, effective Tuesday (April 25). Wagner succeeds GoodRx’s former co-CEOs, the company’s co-founders Doug Hirsch and Trevor Bezdek, who have transitioned to new roles as chief mission officer and chairman, respectively, the digital healthcare platform said...
Wells Fargo has named Saul Van Beurden CEO of Consumer & Small Business Banking. Van Beurden will succeed Mary Mack on May 15, as Mack will retire from the company this summer after nearly four decades with the company and seven years leading Consumer & Small Business Banking (CSBB), Wells...
A weeklong, multipart series of layoffs and other changes reportedly impacted hundreds of McDonald’s employees. As part of its restructuring, the quick-service restaurant (QSR) chain laid off hundreds of corporate employees, reduced the compensation packages of others and closed field offices, The Wall Street Journal...
The founder of Cash App has reportedly been killed in a stabbing in San Francisco. According to multiple news reports Wednesday (April 5), Bob Lee, who had become the chief product officer at crypto firm MobileCoin, was fatally attacked early Tuesday (April 4). A report...
Amazon has laid off more than 100 employees in its Games division and reassigned some others. The moves come after the division evaluated its “current projects against [its] long-term goals,” Amazon Games Vice President Christoph Hartmann wrote in a Tuesday (April 4) internal staff memo...
Payments platform Paysafe has chosen its first ever chief strategy and innovation officer. Nicole Caroll, a veteran of Experian, Visa and Discover, was appointed to that new role Monday (April 3), Paysafe said in a news release. Her main role will be to develop the...
