Change of CEO Archives

UPDATE 2-Mitsubishi HC Capital to buy CAI International for $1.1 bln

(Adds equity value and break-up details) June 17 (Reuters) – Transportation finance and logistics company CAI International Inc said on Thursday it has agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc , as the Japanese financial firm expands its overseas operations.

Staples CEO Alexander Douglas to step down

June 16 (Reuters) – Office supplies retailer Staples said on Wednesday its chief executive officer, Alexander Douglas, would step down from his role and be replaced by executive chairman John Lederer on an interim basis.

Naftogaz supervisory board head supports new CEO’s suspension

KYIV, June 16 (Reuters) – Naftogaz supervisory board head Clare Spottiswoode said on Wednesday that she supported the suspension of the Ukrainian state energy company’s new chief executive, after concerns were raised about the appointment process.

CORRECTED-UPDATE 5-Electric-truck maker Lordstown’s CEO, CFO resign, shares slump (June 14)

(Corrects to founders from CEOs in paragraph 14) By Subrat Patnaik and Ben Klayman June 14 (Reuters) – Lordstown Motors Corp on Monday announced the sudden departure of its chief executive and finance head, just days after the electric truck maker warned that it may not have enough money to stay in business over the next year, sending shares down more than 20%.

Top bosses at Australia’s Nuix exit amid share price plunge, outlook cuts

June 15 (Reuters) – Australia’s Nuix Ltd said on Tuesday its two top bosses would leave the company, in a blow to the software maker whose shares have tumbled about 68% since its listing late last year following earnings downgrades.

Lordstown Motors CEO, CFO resign

June 14 (Reuters) – Electric vehicles maker Lordstown Motors Corp said on Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned.

PKO hopes to return to dividend payments, says new CEO

WARSAW, June 14 (Reuters) – Polish bank PKO BP wants to return to regular dividend payments and will stick to its plan to offer Swiss-franc mortgage holders settlements, its new chief executive told the Parkiet daily in an interview published on Monday.

INSIGHT-GameStop lures Amazon talent with grand plans and no frills

(Adds Furlong compensation details in paragraph 14) By Svea Herbst-Bayliss June 11 (Reuters) – GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com

INSIGHT-GameStop lures Amazon talent with grand plans and no frills

By Svea Herbst-Bayliss June 11 (Reuters) – GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com

UPDATE 1-Japan’s Mizuho Bank CEO to resign after tech problems – Nikkei

(Adds details of recent system failure) TOKYO, June 10 (Reuters) – The chief executive of Japan’s Mizuho Bank, Koji Fujiwara, will step down as early as this month to take responsibility for a series of technology problems this year, the Nikkei business daily said on Thursday, without citing sources.