Browsing: succession
73-year-old British billionaire Sir Richard Branson unveils succession plan to give Virgin Atlantic to his kids
Sir Richard Branson may be well past retirement age at 73 years old, but the risk-loving entrepreneur shows no sign…
Jamie Dimon teases that his departure from JPMorgan is getting closer, saying timeline is ‘not five years anymore’
Jamie Dimon has long joked that his retirement is five years away, no matter when he’s asked. But not on…
As Boeing Co.’s board searches for a chief executive officer to steer the U.S. planemaker out of its worst crisis…
Warren Buffett changed the succession plan by saying Greg Abel will run Berkshire’s investments, even though he’s never been a stock picker
This year’s Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over…
Apple supplier Jabil benches its CEO as it investigates his conduct—but he’ll still collect his full $1 million salary
Jabil CEO Kenny Wilson, still in his first year at the helm of the $14.4 billion technology manufacturing company, has…
90-year-old designer Giorgio Armani has kept his legacy alive—and independent. Now, he’s open to adapting: ‘I don’t feel I can rule anything out’
For decades, Giorgio Armani has been keen to keep a tight grip on his eponymous fashion company. But now, the…
Gucci-owner Kering’s Gen Z heir claims his grandfather Francois Pinault’s seat on Christie’s board in major succession move
European luxury houses are legacy companies, often with family strongholds. Kering, the company behind Gucci and Saint Laurent, is no…
Dave Calhoun needs the next Boeing CEO to be a success and he has more than $45 million riding on it
Departing Boeing CEO Dave Calhoun will walk away from the airline manufacturer with a $24 million payday, but he stands…
CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas
Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles…
Just weeks after billionaire activist investor Carl Icahn secured two seats on the board of American Electric Power Co., the…