Target has picked longtime PepsiCo executive Jim Lee as its new chief financial officer (CFO). Lee, who spent more than 25 years with the food and beverage giant, will join Target’s leadership team Sept. 22, the retailer announced Thursday (Sept. 19). “As a successful leader in finance and strategy, Jim will oversee...
OpenAI has reportedly hired its first general manager of education: former Coursera Chief Revenue Officer Leah Belsky. In this role, Belsky will work to bring the artificial intelligence (AI) startup’s products to more schools; boost its engagement with teachers and students; and work with OpenAI’s own teams...
Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is replacing Romain Mazeries, who is stepping down as chief executive, the Paris-based company announced Tuesday (Sept. 17). “Sergi brings a...
Worldline’s board of directors said Friday (Sept. 13) that Gilles Grapinet will step down as CEO and board member Sept. 30 and that the company will search for a new CEO who will work with the board to determine a new strategic plan. The company...
CellPoint Digital appointed Mark Patrick, who had been its global head of payments since 2019, to be its chief revenue officer. Patrick succeeds Greg Worch, who retired, the company said in a Wednesday (Sept. 11) press release. In his new role, Patrick will lead the...
Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s technology group amid slowing demand for its advisory services, the Wall Street Journal reported Wednesday (Sept. 11), citing sources familiar...
BILL has named former Visa executive Mary Kay Bowman as its executive vice president, general manager of payments and financial services. Bowman will oversee the payments and financial services business of the financial operations platform for small- to medium-sized businesses (SMBs) and will report directly to BILL...
Global money movement company TerraPay appointed Visa veteran Ralph Koker as global head of products. In his new role, Koker will refine TerraPay’s product strategy, spearhead its go-to-market initiatives, and help the company scale its service offerings and strengthen its client relationships on a global...
Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part of its annual review process. The layoffs have already started, will continue through the fall and are expected to be...
