Tag Archives: CEO

After a series of major execution missteps, Peloton (PTON) has a new activist investor knocking down its doors.  In a scathing new letter released on Monday, activist Blackwells Capital — which reportedly has amassed a less than 5% stake in the company — demanded Chairman, founder and CEO John Foley be immediately fired.  “Mr. Foley must be held accountable for his repeated failures to effectively lead Peloton,” Blackwells chief investment officer Jason Aintabi wrote in the letter…. Source link

Twenty-two years and seven Super Bowl championships into his NFL career, Tom Brady has reached unprecedented success and is still going strong. The Buccaneers quarterback is scheduled to play in his 47th NFL playoff game on Sunday, 20 more than the next closest quarterback on the all-time playoff appearance list. And at 44, Brady is older than every opposing head coach he could face on his path to an 11th Super Bowl appearance. In 2013, Brady co-founded a wellness brand called TB12 with… Source link

The acceleration of remote work has created an entirely new category of long-term travel, according to Airbnb (ABNB) CEO Brian Chesky. Now, he’s joining the ranks, opting to run his global company from a different Airbnb listing every few weeks — armed with nothing more than a laptop and good WiFi.  “I think that we’re living through probably the biggest change to travel since the advent of commercial flying, because the entire identity of travel is evolving,” he said, in an interview… Source link

We are less than a month into the New Year, but so far 2022 has not been kind to crypto. The price of bitcoin (BTC-USD), the granddaddy of digital currency, is off to its worst yearly start since the dawn of crypto, down roughly 40% from its all time high, and analysts are bracing for more volatility ahead. But true believers are not backing off. While it’s mostly young men who are trading cryptocurrency, research finds a growing number of women are taking the plunge and even prefer trading… Source link

Google’s chief executive approved an agreement with Facebook at the heart of an antitrust lawsuit that 16 states and Puerto Rico have lodged against the search giant, according to a portion of the complaint revealed on Friday. The lawsuit, led by the Texas attorney general, Ken Paxton, argues that Google has obtained and abused a monopoly over the network of technology used to deliver ads online. When publishers started using an alternative system for selling their ad space, Google worked to… Source link

Among other new details, the new filing alleges that Sheryl Sandberg, Facebook’s chief operating officer, helped negotiate the agreement and urged Zuckerberg’s approval, calling it “a big deal strategically.” The complaint says the team that negotiated the deal sent Zuckerberg an email telling him, “We’re nearly ready to sign and need your approval to move forward.” “Facebook CEO [REDACTED] wanted to meet with COO [REDACTED] and his other executives before making a decision,”… Source link

It has been a long and winding road during the pandemic for gym chain giant Planet Fitness, and its efforts to get through to the other side of the health mess shows. “I am extremely happy to say we lost no gyms in the pandemic. The industry lost 22% of the gyms open, closed permanently. We lost none,” Planet Fitness CEO Chris Rondeau said on Yahoo Finance Live.  Planet Fitness currently operates 2,254 locations in the District of Columbia, Puerto Rico, Canada, Panama, Mexico and… Source link

Eric Schmidt, the former chief executive of Google, has paid $65 million for Enchanted Hill, a prized piece of undeveloped land in Beverly Hills that was owned by late Microsoft co-founder Paul Allen, according to people familiar with the situation. The deal, which closed in December, marks the end of a more than three-year push to sell the roughly 120-acre property, which came on the market asking $150 million in 2018.  Source link

(Bloomberg) — James Cayne, the cigar-puffing college dropout who parlayed a stint as a professional bridge player into a job as a bond broker on Wall Street, where he led Bear Stearns Cos. to record profits, then to the brink of collapse, has died. He was 87. Most Read from Bloomberg He died on Tuesday at Monmouth Medical Center in Long Branch, New Jersey, days after suffering a stroke, said his wife, Pat. Until 2007, Cayne, known as Jimmy, was one of Wall Street’s brightest stars. Bear… Source link

CEO Gerald Commissiong is also scheduled to appear on BNC at 1:50PM EST to discuss the authorization of Pfizer’s COVID antiviral drug & Tollovir™ Phase 2 for hospitalized COVID New York, NY, and Tel Aviv, ISRAEL, Dec. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today announced that Gerald Commissiong, CEO of Todos Medical, is scheduled to appear on Yahoo Finance Live with Akiko… Source link