Business ❯ Management

Leadership Changes

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Saks Global Pursues Up to $1 Billion to Support Possible Chapter 11

The luxury retailer began forbearance talks after skipping a more than $100 million interest payment, installing Richard Baker as chief executive.

David Hoffmann Takes Control of Lee Enterprises in $50 Million Share Sale

FaZe Clan Rocked as Star Creators Exit After Contract Talks Break Down

Daktronics Soars on Earnings Beat, Order Strength and CEO Succession

CVS Lifts 2025 Outlook, Sets 2026 Targets and Unveils AI Consumer Platform

Six Flags Over Georgia Shuts at 2 P.M. Citing Cold, Rain and Safety

Six Flags Names John Reilly CEO as Portfolio Faces Core-vs-Non-Core Overhaul

Target Lifts Capex to $5 Billion as Incoming CEO Maps Store Overhaul While Walmart Extends Lead

Cracker Barrel Investors Keep CEO, Oust Director Targeted Over Rebrand Oversight

Verizon Confirms More Than 13,000 Job Cuts in Overhaul, Will Shift 179 Stores to Franchises

Opendoor Sets Nov. 18 Record Date for Warrant Dividend as Meme Stock Whipsaws

Polestar Sets 30-for-1 Reverse Split to Keep Nasdaq Listing

Opendoor Rallies as New CEO Unveils Warrant Dividend and Pledges $1 Million Stock Buy

Peloton Posts Surprise Profit, Lifts Holiday Guidance as New Lineup Rolls Out

Under Armour Beats Q2, Cuts FY26 Outlook as Tariffs Weigh, Announces CFO Transition

CarMax Replaces CEO and Issues Weak Q3 Outlook as Shares Sink

Spotify Posts Q3 Beat With Higher Margins and Users, Guides to Strong Operating Income

Freshpet Beats Q3, Turns Cash-Flow Positive, Tightens 2025 Guidance

Andrew Tate Named Misfits Boxing CEO, Sets Dec. 20 Dubai Title Bout vs. Chase DeMoor

Nio Sets New Monthly Record With 40,397 October Deliveries as L90 and ES8 Surge