A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named the Cleveland Fed’s new president and CEO, the central bank announced Wednesday (May 29). In addition to leading the Cleveland...
Jan Leike, who resigned from artificial intelligence (AI) company OpenAI earlier in May, has joined rival AI firm Anthropic. Leike announced the move in a post on X (formerly Twitter) on Tuesday (May 28), noting that he will work on “scalable oversight, weak-to-strong generalization, and...
Healthcare commercial intelligence provider Definitive Healthcare has a new chief executive. Kevin Coop, most recently the CEO of earned wage access company DailyPay, was announced as Definitive’s new CEO Tuesday (May 28) in a news release. He is due to take the job June 24,...
DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech firm’s chief operating officer (COO), Stacy Greiner, will succeed Coop and serve as interim CEO, effective June 1, DailyPay said...
Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution to support employees who need to pay for care for children, seniors, pets or themselves. “Conversations about the cost of...
Artificial intelligence (AI) startup Perplexity has added three new advisers. They include Emil Michael, former chief business officer at Uber; Rich Miner, co-founder of Android and adviser to Google; and Mikhail Parakhin, former CEO of Bing, according to a Thursday (May 16) post on LinkedIn by Perplexity Co-founder and CEO...
Instagram co-founder Mike Krieger has joined artificial intelligence (AI) startup Anthropic as its chief product officer. In his new role, Krieger will oversee the company’s product engineering, product management and product design efforts, Anthropic said in a Wednesday (May 15) press release. He joins the company at a time when it...
Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank’s recently completed restructuring. Titi Cole, who was the head of legacy franchises and executed Citi’s plan to sell consumer banking businesses in nine non-core markets, has left...
Amazon’s all-important cloud computing division has a new leader. Adam Selipsky, who has headed Amazon Web Services (AWS) since 2021, is stepping down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head...
