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Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]
The fifth man in an illegal sports betting ring has been named by the FBI. LaVonte Holmes, 24, was found to have been involved with the ring between 2022 and 2024. It’s reported that the scheme would involve abusing stolen identities to conduct bets on vulnerable platforms. Birth dates, Social Security numbers, and more were […]
Kohl’s said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth. He becomes the third CEO for the department store in about three years. The move is effective as of Sunday. Bender, who has been director […]
Dan Schulman speaking at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Adam Galica | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the company […]
Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024. Justin Sullivan | Getty Images Bath & Body Works has a new chief executive officer, its second in less than 3 years. The personal care, home and beauty retailer has named Daniel Heaf as its new CEO, effectively immediately, […]
Struggling chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than three months after the it ousted company veteran Pat Gelsinger. Tan, a longtime technology investor with more than 20 years of industry experience, has long been seen as a CEO contender. He was approached by Intel’s board […]
MSNBC named Rebecca Kutler as president of the left-leaning network, removing her interim tag following last month’s exit of Rashida Jones, the company said Wednesday. Kutler grabs the reins at a crucial time for embattled network, which will be spun off from Comcast along with its other cable channels in a transaction that is expected to […]
President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC. Trump, in a post on his Truth Social site Monday evening, announced he was selecting Stephens to be the US ambassador to […]
Google is replacing Prabhakar Raghavan, the company’s search and ads boss, with longtime Google executive Nick Fox. The move was announced by Alphabet CEO Sundar Pichai, who said in a blog post on Thursday that Raghavan will be moving into the role of chief technologist after 12 years of leading teams across the search company. […]
