Tag: Corporate management
GM exec: company to announce more battery plants this week
DETROIT — The president of General Motors says his company plans to announce more U.S. battery factories later this week.
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GameStop names Amazon veterans as CEO, finance chief
NEW YORK — GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair...
Ferrari taps European chip-maker executive as new CEO
MILAN — Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company...
Former VW boss to pay firm $13 million over diesel scandal
FRANKFURT, Germany — Volkswagen said Wednesday that former CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what...
South Africa health minister put on ‘special leave’
JOHANNESBURG — South Africa's health minister was placed on special leave Tuesday over a corruption scandal involving an irregular government contract where $11 million...
Tyson Foods CEO Banks leaving company; King named successor
Tyson Foods President and CEO Dean Banks is leaving the poultry company for personal reasons, having served less than a year in the top...
Wilberforce University cancels debt for 2020, 2021 grads
(RNS) — There are usually lots of cheers and applause at university commencements.
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Challengers unseat third Exxon board member in climate fight
NEW YORK — Exxon Mobil shareholders have unseated a third board member in their bid to force the oil giant to deal more aggressively...
Pandemic or no, CEO pay rises again. Typical package: $12.7M
NEW YORK — As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else....
Paycom Software’s Richison, AMD’s Su among highest paid CEOs
Here are the highest paid male and female CEOs in the S&P 500 index for 2020, as calculated by The Associated Press and Equilar,...