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Stellantis CEO Carlos Tavares Abruptly Resigns

Carlos Tavares, CEO of leading multinational car manufacturer Stellantis, abruptly tendered his resignation on Sunday. The company immediately accepted Tavares' resignation and began the process of finding a new CEO. According to Go to press release. The company estimates the process will be completed by mid-2025 and announced it has authorized a “new interim executive […]

Intel CEO steps down as chipmaker falters, lays off staff

Intel CEO Pat Gelsinger has resigned after three years leading the company, the chipmaker announced Monday. Two senior executives, David Zinsner and Michelle Johnston Holthaus, will become Intel's interim co-CEOs as the company searches for a new chief executive officer. “It has been the honor of my life to lead Intel,” Gelsinger said in a […]

Intel CEO Pat Gelsinger retires from flailing chipmaker

Intel CEO Pat Gelsinger, who stepped down Sunday after a 40-year career with the company, recently announced that he has allowed the once-dominant semiconductor maker to overshadow its competitors. He was hurt by the mistake he made. The company announced Monday that David Zinsner and Michelle Johnston Holthaus have been named co-CEOs as the board […]

OpenAI CEO Sam Altman believes Trump will help US be global leader in AI

OpenAI CEO Sam Altman speaks with Shannon Bream to discuss the positives and potential negatives of artificial intelligence, and the importance of maintaining the AI ​​industry's lead over China. Sam Altman, CEO of OpenAI, the developer of ChatGPT, said Sunday that he looks forward to working with the incoming Trump administration, which will lead the […]

Trump’s CEO Meetings ‘What You See When Authoritarians Come In’

Democratic strategist and CNN contributor Julie Roginsky spoke Friday on CNN's “Newsroom” about President-elect Donald Trump and industry leaders including X Company's Elon Musk and Meta Company's Mark Zuckerberg. He argued that the talks were what happens “when authoritarians come in.” Host Jim Acosta said, “Elon Musk isn't the only tech executive to visit Mar-a-Lago […]

Unwelcome in Germany, UniCredit CEO zeroes in on Italy – Yahoo Finance

Written by Tom Sims, John O'Donnell, Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) – Days before UniCredit Chief Executive Andrea Orcel sets her sights on an Italian takeover target, fierce resistance to her interest in Germany's main lender Commerzbank More evidence has come to light. A group of German business elite customers implored Commerzbank's CEO to reject the […]