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PrettyLittleThing CEO Umar Kamani will donate his entire month’s salary to struggling small businesses affected by the coronavirus pandemic. The businessman behind the multi-million pound clothing brand, 31, took to Instagram live on Wednesday, during day three of the UK-wide lockdown to pledge his support for businesses battling to survive in the midst of the … Read more
British Airways today revealed coronavirus is threatening its very survival as staff were told there will be job cuts and aircrafts must be mothballed because of the ‘worsening’ worldwide pandemic. Chief Executive Alex Cruz has written to all 45,000 workers saying the virus’ relentless spread is a crisis ‘of global proportions like no other we have … Read more
Twitter CEO Jack Dorsey has come under threat from a new stakeholder who wants to oust him from the company amid fears he is distracted Twitter shares soared on Monday after it emerged that a Republican mega-donor had bought a large share of the company and was attempting to oust CEO Jack Dorsey. Paul Singer, … Read more
Former Chairman and CEO of General Electric Jack Welch has died at 84. Welch died from renal failure, his wife Suzy told The New York Times Monday. He led GE for 20 years from 1981 to 2001, growing it from a $14billion company that made light bulbs and appliances to a financial services and consulting … Read more
Jack Welch, legendary former chairman and CEO of General Electric who was dubbed the ‘manager of the century’, dies at 84 Wife of the former Chairman and CEO of General Electric confirmed the death Welch was dubbed the ‘manager of the century’ by Fortune magazine Under his leadership GE was the world’s second most valuable company … Read more
Apple CEO Tim Cook has said he’s ‘optimistic’ China is getting coronavirus under control and has pointed to the company ramping up iPhone production as proof. A total of 2,744 people have died in the country out of 78,497 Coronavirus cases but on Monday the number of newly infected people outside the Hubei Province – … Read more
Samaritans drop new CEO after claims he bullied staff and oversaw ‘toxic culture’ during former role at the Alzheimer’s Society Jeremy Hughes will no longer head the suicide prevention charity after claims Probe exposed alleged payments of up to £750,000 to Alzheimer’s Society staff Former employees came forward on Monday to ask Mr Hughes be refused post … Read more
‘I don’t want to run the company any more’: Bob Iger opens up about stepping down as Disney CEO and says there’s ‘no rule book’ as it’s revealed he will retain creative control as chairman Iger spoke out on the morning after his surprise resignation as Disney CEO Disney executive Robert Chapek will take the … Read more
Disney CEO Bob Iger has been abruptly replaced as the head of the iconic company. The company announced on Tuesday after the close of trading that Iger, a former weatherman, would be stepping down from his $47.5 million a year as CEO and appointed executive chairman, effective immediately. Robert Chapek, previously Disney’s chairman of parks, … Read more
The president and CEO of the Honolulu Marathon has joined a chorus of former students who have publicly accused a late University of Michigan doctor of sexual abuse, saying the physician performed a rectal exam on him during a medical appointment in the 1970s. Dr. James Barahal, who himself is a longtime physician, told The … Read more