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Tag: Succession

Mitch McConnell succession race begins after Senate GOP leader says he’ll step down

Mitch McConnell’s shocking announcement Wednesday afternoon that he would step down as Senate Republican leader after the November election sparked a frenzy within the divided Republican conference to replace him. Happened. With no clear successor in sight, McConnell announced in a floor speech that he would step down and allow “the next generation of leaders” […]

Jacob Rothschild’s death triggers succession battle among heirs

The death of British banking magnate Jacob Rothschild could spark a “succession”-style battle between his heirs over his vast real estate and investment empire. Lord Rothschild, who died on Monday at the age of 87, founded London-based RIT Capital Management in 1961. The company remains one of Britain’s largest investment trusts and was the head […]

Rick Pitino ‘kidding’ about nepotistic St. John’s plan of succession

MILWAUKEE — Rick Pitino wanted to set the record straight about his son Richard and his succession plans, which he talked about after Tuesday’s win over DePaul. “I’m kidding,” he said. Asked about DePaul’s appointment and rumors that Richard, currently the head coach of No. 25 New Mexico, could take the job, Pitino said he […]

Goldman Sachs CEO David Solomon clouds succession path

Goldman Sachs CEO David Solomon is reportedly increasing his involvement in the bank’s day-to-day operations, as concerns over his possible departure disrupt a high-profile succession battle. This is an obvious effort to dispel speculation. Mr. Solomon, who has overcome controversy over his part-time DJing and reportedly promised last year to stop performing at public events, […]

JPMorgan CEO Jamie Dimon shuffles top bosses as Wall Street focuses on succession

JPMorgan Chase & Co. on Thursday reshuffled its investment banking and consumer executives and reorganized management of its various businesses as Wall Street focused on the bank's plan to replace Chief Executive Officer Jamie Dimon. Gained experience. The largest U.S. lender has appointed Marianne Lake as sole CEO of its consumer division, which was previously […]

Patriots’ Jerod Mayo hire sped up by contract succession clause

Just because Bill Belichick is gone doesn't mean the Patriots are done exploiting every corner of the rulebook. New England has already finalized its succession plan, hiring former linebackers coach Jerrod Mayo after parting ways with its legendary head coach after a 24-year tenure that saw him win six Super Bowls and three more. He […]