A month into his new role and a day after announcing an aggressive revamp strategy, Commerzbank’s new CEO Manfred Knof is moving around the senior leadership team and planning role reductions, Bloomberg reported on Friday (Feb. 12). Germany’s second-largest bank is planning to cut jobs...
Monzo’s strategic adviser, Carol Nelson, will lead the American expansion for the U.K. FinTech as its first female chief executive officer, TechCrunch reported on Thursday (Feb. 11). Nelson brings a decade of experience as CEO of Cascade Bank and longtime expertise as senior vice president...
Blackhawk Network said Thursday (Feb. 11) that Nikhil (Nik) Sathe has been named as the company’s chief technology officer (CTO). Sathe will lead in areas such as product development, systems and security, according to an announcement. “Nik’s experience in shaping the growth of technology and...
Goldman Sachs has hired two executives to leadership roles, including ex-PayPal executive Swati Bhatia and insider David Stark, Reuters reported. Bhatia will work as head of the company’s direct-to-consumer (D2C) business. Stark will lead large partnerships, the bank said, according to Reuters. Most recently, Bhatia...
Casper Sleep is appointing several new members to its executive leadership team. Charles Liu will serve as chief operating officer, Dara Williams will be chief people and diversity officer, and George Poulios will serve as vice president of retail, real estate and store development. “We...
Rosalind Brewer, Starbucks‘ operating chief, has now accepted a job as Walgreens Boots Alliance‘s chief executive, according to The Wall Street Journal (WSJ). She will be the first black woman to lead a Fortune 500 company. Brewer is set to replace Stefano Pessina, who said...
Uber laid off around 185 people from the Postmates division as of Thursday (Jan. 21), as the ridesharing company continues trying to weather the pandemic, The New York Times (NYT) reported. The layoffs will include the bulk of the Postmates team, including Founder and CEO...
The new acting chair of the Securities and Exchange Commission (SEC) will be Commissioner Allison Herren Lee as designated by President Joe Biden, according to a press release. “During my time as commissioner, I have focused on climate and sustainability, and those issues will continue...
Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe Biden, the Wall Street Journal reported on Thursday (Jan. 21), citing sources. Barr previously served in the Treasury Department under...
