By James Surowiecki November 23, 2022 In January 2008, Starbucks made a shock announcement: Its founder and former CEO, Howard Schultz, who had stepped down seven years earlier, would be returning to run the company once again. Starbucks’ stock price had fallen 42% in 2007, as the company saw its growth slow dramatically, and … Continue reading Boomerang CEOs have a bad track record lately, but Iger’s return makes sense for Disney
By Michael Grothaus November 21, 2022 In one of the most unexpected business twists of the year, the Walt Disney Company announced late last night that former CEO Bob Iger is returning to lead the company once again as its chief executive officer, ousting Bob Chapek, Iger’s replacement, after only three years. The move … Continue reading Bob Iger returns to Disney as CEO: Stock price soars, Wall Street cheers. Here’s what to know
Bob Iger is returning as Disney CEO in a dramatic shakeup His successor Bob Chapek is out. S. Dent @stevetdent Mario Anzuoni / reuters Bob Iger is returning as Disney CEO in a shocking leadership shakeup, with current CEO Bob Chapek stepping down, the company announced in a press release. Iger is set to … Continue reading Bob Iger is returning as Disney CEO in a dramatic shakeup
By Matt Stoller November 11, 2022 This article is republished with permission from BIG, a newsletter on the history and politics of monopoly power. Subscribe here. “I’m sorry. That’s the biggest thing. I fucked up, and should have done better.”—Sam Bankman-Fried, 2022 “Recklessness and deceit do not automatically excuse themselves by notice of repentance.”—Louis … Continue reading Gary Gensler is the sheriff of Wall Street, so why couldn’t he rein in Sam Bankman-Fried?
By Talib Visram November 11, 2022 Effective altruism, we hardly knew ye. Following the collapse of FTX, Sam Bankman-Fried’s crytocurrency exchange that was once valued at $32 billion and is now effectively worthless, the founders of the company’s philanthropic arm resigned Thursday. Reporter Teddy Schleifer tweeted the resignation letter cosigned by the FTX Future … Continue reading Sam Bankman-Fried and Elon Musk just killed effective altruism
Key Exec Driving Apple Web Search Leaves To Rejoin Google by Laurie Sullivan @lauriesullivan, November 11, 2022 Four years after Laserlike was acquired by Apple to boost its web search technology, at least one of the three founders has quit to rejoin Google. Anand Shukla, Srinivasan Venkatachary, and Steven Baker were Google employees prior to … Continue reading Key Exec Driving Apple Web Search Leaves To Rejoin Google
By James Surowiecki October 11, 2022 Most Americans, understandably, know Ben Bernanke as the person who was head of the Federal Reserve during the financial crisis of 2007-2009 (aka the Great Recession), and who took extraordinary measures to try to prevent banks and other financial institutions from collapsing and credit markets from seizing up. … Continue reading Why former Fed chair Ben Bernanke deserves his Nobel Prize—despite the naysayers
Ogury, Hot On Personas, Appoints GM Of The Americas With A Team Mentality by Laurie Sullivan @lauriesullivan, September 29, 2022 Anthony Flaccavento, newly appointed GM of the Americas at Ogury — a global ad tech company with a strong presence in Europe and the U.S. — spent years coaching basketball, soccer, baseball and other sports … Continue reading Ogury, Hot On Personas, Appoints GM Of The Americas With A Team Mentality
By Porter Braswell June 28, 2022 In the beginning of 2020, when the pandemic first hit and businesses started to realize its economic implications, guess which jobs were some of the first on the chopping block? If you guessed jobs in Diversity, Equity and Inclusion (DEI), you’re absolutely right. In the frenzy of … Continue reading This is what companies get wrong when hiring a Chief Diversity Officer
By Gary Hamel and Michele Zanini April 22, 2022 What does it mean to be a “leader?” In most organizations, the term is applied, indiscriminately, to anybody in a management role. However, only having subordinates doesn’t make you a leader. Research from Gallup shows that the single biggest predictor of engagement scores is the … Continue reading This former Apple executive says leaders should draw their power from their teams
