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BOARD SHAKEUP
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...- In trial pitting him against Elon Musk, nobody has more to lose than OpenAI CEO Sam AltmanAa a high-stakes trial pits Elon Musk against Sam Altman, the OpenAI CEO is facing intense scrutiny over his leadership. Testimony reveals ...
- Iran shows off its control over strait after collapse of peace talksIran has asserted control over the Strait of Hormuz. This follows the breakdown of peace talks. The United States has boarded another tanke...
- After Tim Cook's exit, CEO turnover surges: 209 January exits signal AI-driven shake-up across Apple, Disney, Walmart, and moreCEO changes are rising fast in 2026 as many big companies replace their leaders. Firms are bringing new CEOs to deal with AI, business pres...
- Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
- Big shakeup at OpenAI: COO Brad Lightcap shifts out of role; Fidji Simo to take medical leaveOpenAI faces major leadership changes as Brad Lightcap moves roles and Fidji Simo goes on health leave. Meanwhile, the company prepares for...
- Lululemon founder Chip Wilson launches proxy fight for board shakeupLululemon founder Chip Wilson has launched a proxy fight by nominating three independent directors to the company’s board, days after the a...
- Provision in new Insurance Bill sparks fears of board shake-upsA new insurance law provision raises concerns for directors. It may force many to step down from insurance boards. This impacts bank-promot...
- Volkswagen Ousts CEO Herbert DiessPorsche boss Oliver Blume will succeed Diess within weeks, ending a four-year tenure in which his hard-nosed leadership style caused consta...
- Tesla board shakeup seen as 'important step' in governanceTesla shares have plunged 18 percent this year, compared with a 21 percent gain in the Nasdaq Composite.
- Investor Elliott Management buys tiny stake in WiproThe hedge fund’s stake in Wipro is unlikely to be part of an activist strategy as with Cognizant.
- Appointment of Nandan Nilekani to the board is a milestone in ensuring smooth transition: UB Pravin RaoInfosys employees have been receiving multiple emails from the management since February in relation to the dispute between the board and f...
- Cognizant has introductory discussion with activist investor Elliott; to review letterIn 2015, Elliott successfully pushed software firm Informatica to sell itself to PE buyers and got Citrix's CEO to resign and was given a b...
- Ex-CEO Dick Costolo may Leave Twitter FlockCiting sources close to the matter, both news outlets said that Costolo will leave the board once a new candidate is selected.
- I have fulfilled mandates given by Infosys Board: N R Narayana MurthySet to wrap up his second innings, Infosys co-founder N R Narayana Murthy today said he has fulfilled mandates given to him by the company'...
- Top management rejig at Cairn, CEO Gammell to be non-exec chairmanIn a sweeping board shake-up, Edinburgh-based Cairn Energy Plc today announced that Bill Gammell will step down as CEO of the company.
- HP recast sees Shumeet Banerji on boardHewlett-Packard Co, the largest maker of computers, announced a board shake-up aimed at adding foreignbased directors and quelling criticis...
- HSBC chief executive to quit in major shake-up: reportsHSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, rep...
- GM board fires CEO Fritz Henderson in shakeupThe company's chairman of the board Ed Whitacre Jr. will serve as interim replacement say these people, who requested anonymity because the...
- US asks BofA to restructure board: ReportFinancial services major Bank of America, which is to boost its capital by as much as $34 billion, has been pressured by the US to restruct...
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