CEO
Boeing’s CEO Kelly Ortberg has a message for his staff: Stop fighting and get to work.Ortberg urged employees to “focus on the task at hand” instead of squabbling.The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs.Boeing’s CEO Kelly Ortberg has a stern warning for…
OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023…
By Tim Hepher BRUSSELS (Reuters) – The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would “not be a walk in the park”. Airbus plans to take over the…
By Tim Hepher BRUSSELS (Reuters) -Airbus CEO Guillaume Faury said on Tuesday that it could potentially ease an engine supply bottleneck and meet year-end targets, telling Reuters that CFM International should be able to supply enough units but it would be “very tight”. A shortfall in engine supplies from CFM,…
Rocket Lab’s stock price has soared to new heights in the wake of strong earnings.CEO Peter Beck told BI competing against better-funded rivals like SpaceX is its “superpower.”Beck, who practices founder mode, broke down his morning routine — which starts before 5 a.m. and doesn’t include coffee. Peter Beck runs…
China’s KFC and Pizza Hut CEO said that she sits and watches her customers eat.This is one way she gains important consumer behavior insights, she said at a Fortune conference.CEOs like Whole Foods’ Jason Buechel and LVMH’s Bernard Arnault also walk their shop floors.Joey Wat, the head of KFC and…
By Valerie Volcovici BAKU (Reuters) – The U.S. utility industry wants the incoming Trump administration and Republican-led Congress to preserve clean energy and EV tax credits in the Inflation Reduction Act, Pedro Pizarro, the CEO of utility Edison International (NYSE:) said on Saturday. The 2022 IRA contains hundreds of billions…
WASHINGTON (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver.…
Disney surprised many media analysts by sharing earnings guidance through 2027.There’s little precedent for such a move, which reflects the Mouse House’s confidence.Here’s what may be behind the move as Bob Iger looks to solidify his legacy.Disney’s head-turning decision to share three years’ worth of earnings guidance is a fascinating…
Trump has said he plans to bring down gas prices by boosting US oil production.ExxonMobil CEO Darren Woods said he didn’t see a US oil boom in the near future.One energy analyst said a US president has little control over the oil and gas market. President-elect Donald Trump’s promise to…