Tag Archives: CEO

After completing its first growth equity funding round, maternity company Hatch announced it is partnering with Marquee Brands to consolidate several maternity brands under the umbrella of Hatch Collective. The newly formed parent company will operate Hatch along with Marquee’s brands, including Motherhood Maternity, A Pea in the Pod, and Destination Maternity. “What we were doing in the maternity space is the gold standard from a brand level and how, together, we could be more of a powerful… Source link

Vital Farms (VITL) CEO Russell Diez-Canseco says the recent spike in egg prices, up more nearly 60% year-over-year, is “a head scratcher.” “Over the course of 2022, we certainly saw inflationary impacts to our key inputs like the grains we feed our girls [hens] and the diesel fuel that the truckers use to fuel their trucks as they deliver the eggs to the grocery stores,” Diez-Canseco told Yahoo Finance. “Our approach to price increases has been to take them reluctantly in small amounts.” A… Source link

Card issuing platform Marqeta has named its Chief Product Officer (CPO) Simon Khalaf as CEO. Khalaf joined the company as CPO in June and began leading its go-to-market organization as well in August, Marqeta said in a Thursday (Jan. 26) press release. Marqeta’s Founder, Chairman and current CEO Jason Gardner will become executive chairman when Khalaf becomes CEO, effective Jan. 31, the release said. “After an extensive search, the board and I strongly believe Simon is the clear… Source link

Card issuing platform Marqeta has named its Chief Product Officer (CPO) Simon Khalaf as CEO. Khalaf joined the company as CPO in June and began leading its go-to-market organization as well in August, Marqeta said in a Thursday (Jan. 26) press release. Marqeta’s Founder, Chairman and current CEO Jason Gardner will become executive chairman when Khalaf becomes CEO, effective Jan. 31, the release said. “After an extensive search, the board and I strongly believe Simon is the clear… Source link

Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images Days after Google announced the largest round of layoffs in the company’s 25-year history, executives defended the job cuts and took questions from a concerned workforce during a town hall meeting on Monday. Google CEO Sundar Pichai led the companywide meeting and told employees that executives will see their bonuses cut. He pleaded with staffers to remain motivated as Google faces heightened competition in areas like artificial… Source link

DAVOS, Switzerland — Citi employees working remotely better be cranking on those spreadsheets, because CEO Jane Fraser is assessing the productivity data she is being provided. “You can see how productive someone is or isn’t, and if they’re not being productive, we bring them back to the office, or back to the site, and we give them the coaching they need until they bring the productivity back up again,” Fraser reportedly said at a Bloomberg event this week at the World Economic Forum…. Source link

While Disney (DIS) CEO Bob Iger wages a campaign against proven value creator and activist investor Nelson Peltz, Unilever CEO Alan Jope has embraced the billionaire change agent. Peltz joined the board of consumer products giant Unilever in May 2022 and according to Jope — who has said he will retire in 2023 — has brought “all kinds of good ideas” to the company since then. “His view on what the company needs to do is very aligned with the agenda that we’re working on,” Jope told Yahoo… Source link

DAVOS, Switzerland — Bank of America (BAC) CEO Brian Moynihan is pushing back on the view held by some investors that the Federal Reserve will slash interest rates in 2023 to jumpstart a potential recessionary U.S. economy. “They may leave [rates] higher for longer just to make sure they squeeze out that services-side inflation,” Moynihan told Yahoo Finance at the World Economic Forum (WEF) on Tuesday. Moynihan pointed out that his research team is expecting a “mild” recession this year…. Source link

DAVOS, Switzerland — Bank of America (BAC) CEO Brian Moynihan is pushing back on the view held by some investors that the Federal Reserve will slash interest rates in 2023 to jumpstart a potential recessionary U.S. economy. “They may leave [rates] higher for longer just to make sure they squeeze out that services-side inflation,” Moynihan told Yahoo Finance at the World Economic Forum (WEF) on Tuesday. Moynihan pointed out that his research team is expecting a “mild” recession this year…. Source link

CEOs may be less cheery than usual as they sip crisp Davos spring water and eat pricey sustainably-raised fish at this year’s World Economic Forum (WEF). PwC’s global CEO survey, which polled 4,410 CEOs in 105 countries and territories in October and November 2022, found that 73% of CEOs believed global economic growth will decline over the next twelve months. The survey was released as the WEF kicks off. “The bleak CEO outlook is the most pessimistic CEOs have been regarding global economic… Source link