CEO
Uber Taps Former Expedia CEO as New Chief Executive
Uber has appointed Expedia CEO Dara Khosrowshahi to be its new chief executive, a source familiar with the ride-sharing company said. According to a new report from Recode, he will replace ousted CEO Travis Kalanick and faces the difficult task of changing Uber’s culture that has included sexual harassment and allegations of deceit and corporate...
EU’s Juncker: Apple Tax Decision is Clearly Based on Facts and Rules
According to a report from Reuters, EU chief Jean-Claude Juncker said the decision to make Apple pay $14.5 billion in unpaid taxes was not an attack on the United States. Last week, EU antitrust regulators ordered Apple to pay the sum to the Irish government after ruling that a special scheme to route profits through the country...
Apple CEO Tim Cook Sells $36 Million in Stock
On Friday, a Securities and Exchange Commission (SEC) filing revealed that Apple CEO Tim Cook received 1.26 million shares of Apple stock, valued around $135 million. The shares of Apple stock were restricted stock units (RSUs), which fully vested on Wednesday, that Cook gained over five years of success as Apple CEO. According to the documents...
Nest CEO Tony Fadell Announces Departure From His Own Company
Tony Fadell, the founder and chief executive officer of Nest has announced that "the time is right to 'leave the Nest." The company was acquired by Google in 2014 for $3.2 billion. In a blog post, Fadell wrote that the "transition has been in progress since late last year and while I won't be present...
Apple CEO Tim Cooks Meets with Indian PM Modi to Discuss Retail, Encryption & More
On Saturday, Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi to discuss several topics including retail stores, manufacturing, app development, and encryption. An official statement to the Times of India indicated that Cook "shared Apple Inc.'s future plans for India,” including "the possibilities of manufacturing and retailing.” The company is already set...
Telus CEOs Were Paid a Total of $24.1 Million in 2015
According to a report from The Globe and Mail, Telus paid its two CEOs a total of $24.1 million in 2015. During the year, the Canadian wireless carrier saw the return of Darren Entwistle and the exit of Joe Natale. Natale received a total compensation of $11.6 million, which included a $6.2 million “transition payment”...
Tim Cook to Receive Humanitarian Award From Robert F. Kennedy Center on Dec. 8
According to a report from Recode, Apple CEO Tim Cook will collect a humanitarian award from the Robert F. Kennedy Center for Justice & Human Rights. On December 8 in New York City, Cook will be presented with the Ripple of Hope Award in acknowledgement for his work on social change. He will be recognized...
Apple’s Tim Cook Takes Top Rank in ExecRank List of Best CEOs to Serve as a Board Member
According to a list released by ExecRank posted on Tuesday, Apple’s CEO Tim Cook takes top place in the list of 250 CEOs. The purpose of the list is to match companies in search of board members with the best candidates possible. ExecRank weighs the CEOs against 24 criteria, including years of C-level experience, earnings...
Mark Zuckerberg Confirms Facebook is Working on a Form of “Dislike” Button
In recent interviews, Facebook CEO Mark Zuckerberg has acknowledged that the “like” button lacks a degree of sensitivity, which can be seen with more sensitive or sad content. In a “town hall” Q&A today, Zuckerberg showed some interest in a “dislike” button and said that the company is actively working to find a solution. In...
Disney CEO Bob Iger Reflects on Steve Jobs and Apple in His Latest Interview
In an interview with Fortune, Disney CEO Bob Iger talks about the company’s relationship with Apple and his own friendship with Steve Jobs. “But if there is one particular relationship that has most shaped his thinking, it’s the six-year friendship he had with another CEO: the late Steve Jobs.” The profile details how Iger had to...