CEO

McDonald’s CEO Ousted Over Relationship With Staffer
McDonald’s CEO Ousted Over Relationship With Staffer
November 03, 2019  |  Personnel

McDonald’s has fired its chief executive officer because of a consensual relationship he had with an employee. The fast food giant announced that its board...

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Citigroup Taps Jane Fraser To Lead Consumer Banking Division
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019  |  Banking

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line...

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SMBs Struggle Amid MyPayrollHR Fraud Inquiry
SMBs Struggle Amid MyPayrollHR Fraud Inquiry
October 24, 2019  |  B2B Payments

The closure of New York-based payroll processing firm MyPayrollHR left some 8,000 people and about 400 companies without their paychecks. Now, small business owners are...

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Nike Shares Swing On News Of CEO’s Departure
Nike Shares Swing On News Of CEO’s Departure
October 22, 2019  |  Personnel

Longtime Nike leader Mark Parker will end his tenure as CEO in January of 2020. CNBC is reporting that Parker will step down and will...

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For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
October 22, 2019  |  Personnel

Day One is over. For Charles Scharf, who has taken the reins as CEO of Wells Fargo, the list of what needs fixing — and what...

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Proxy War Prompts Exit Of USA Technologies CEO
Proxy War Prompts Exit Of USA Technologies CEO
October 18, 2019  |  Personnel

USA Technologies CEO Stephen Herbert has stepped down against the backdrop of a proxy war ignited by the company’s biggest investor, New York-based hedge fund...

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Foursquare Head Wants Stricter Laws Around Location Data
Foursquare Head Wants Stricter Laws Around Location Data
October 16, 2019  |  Regulation

The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress...

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Coinbase CEO Calls Senators’ Libra Opposition ‘Un-American’
Coinbase CEO Calls Senators’ Libra Opposition ‘Un-American’
October 15, 2019  |  Cryptocurrency

The CEO of San Francisco-based Coinbase, Brian Armstrong, had some strong words for U.S. senators he accused of intimidating other companies to drop out of...

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SAP Headed For Leadership Shakeup As CEO Exits
SAP Headed For Leadership Shakeup As CEO Exits
October 11, 2019  |  B2B Payments

Bill McDermott, the chief executive officer of SAP, is stepping down. SAP announced his resignation in a blog post late last week, noting that McDermott...

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