The news sent the company’s shares 9% higher in extended trading on Tuesday and underscored a shift in focus at Pinterest to e-commerce initiatives from its advertising-based business model. In Ready, 42, the company gets an executive who for the past two years ran commerce and payment operations at the Alphabet Inc-owned search giant. Ready has also held senior leadership roles at PayPal. His appointment brings to an end Silbermann’s 12-year tenure as CEO, which began when he co-founded the… Source link
Read More »Pinterest CEO Steps Aside, as Former Google Commerce Chief Takes the Reigns at the App
This is a significant update. Pinterest has today announced that co-founder and CEO Ben Silbermann is stepping down from his role, and shifting to a new position within the organization, with online commerce expert Bill Ready set to take over as Pinterest chief, effective June 29th, 2022. Silberman posted an impassioned update on the Pinterest blog, noting the significance of the platform to him and his life. “As you can imagine, this was a hard decision. So much of my heart belongs to… Source link
Read More »Pinterest CEO steps down, Google executive to take up job
Pinterest, Inc. by Chairman, Co-Founder, President and CEO Ben Silbermann reacts as they celebrate the IPO of Pinterest Inc. at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Pinterest Inc (PINS.N) said on Tuesday that long-time Chief Executive Officer Ben Silbermann would step down, handing over the reins of the social media platform to Google commerce executive… Source link
Read More »Germany Is Taking Steps to Bolster Gas Supplies, Habeck Says
(Bloomberg) — Most Read from Bloomberg The German government will step up efforts to bolster gas storage levels after Russia reduced flows in a move Economy Minister Robert Habeck said was intended to unsettle energy markets. The government will make available additional credit lines by state-owned lender KfW to guarantee gas injections at storage sites. It also plans incentives for the industry to reduce consumption and is preparing to fire up more coal plants to keep the use of gas at a… Source link
Read More »Vince McMahon steps down after misconduct allegations
Vince McMahon voluntarily stepped down as Chairman and CEO of WWE on Friday morning amid allegations of misconduct and an ongoing investigation by the company, the WWE announced in a statement. “I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation,” McMahon said in the statement. “I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Stephanie McMahon was… Source link
Read More »Russia takes steps to punish Google over YouTube ‘fakes’
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/ Register now for FREE unlimited access to Reuters.com Register April 7 (Reuters) – Russia’s communications watchdog said on Thursday it was taking punitive measures against Google (GOOGL.O), including a ban on advertising the platform and its information resources, for violating Russian law. Roskomnadzor accused Google’s YouTube video-sharing platform,… Source link
Read More »Russia’s Yandex head steps down two weeks early – Metro US
(Reuters) -Elena Bunina is stepping down as chief executive of Yandex LLC, Russia’s biggest technology company, some two weeks before her tenure is due to expire on April 15, the company said on Saturday. “Elena Bunina is leaving (her) positions of CEO and HR director at Yandex LLC, it… Source link
Read More »Yandex director general steps down two weeks early – TASS | WTVB | 1590 AM · 95.5 FM
Yandex director general steps down two weeks early – TASS | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County … Source link
Read More »Russia’s Yandex head steps down two weeks early
(Reuters) -Elena Bunina is stepping down as chief executive of Yandex LLC, Russia’s biggest technology company, some two weeks before her tenure is due to expire on April 15, the company said on Saturday. “Elena Bunina is leaving (her) positions of CEO and HR director at Yandex LLC, it was her personal decision,” Yandex’s press service said in an email. It said Artem Savinovsky, a senior manager at the company, had been appointed acting CEO. No further details were given of reasons for the… Source link
Read More »Yandex director general steps down two weeks early – TASS
Russian internet group Yandex Chief Executive Officer Elena Bunina attends a session of the Moscow Financial Forum in Moscow, Russia September 6, 2018. REUTERS/Sergei Karpukhin/File Photo Register now for FREE unlimited access to Reuters.com Register April 2 (Reuters) – Elena Bunina is stepping down as director general of Yandex’s principal operating subsidiary, Yandex LLC, Russia’s biggest technology company, TASS news agency said on Saturday, before her tenure is due to expire on April 15.
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