CEO
Dropbox CEO Drew Houston invoked an old and reliable piece of advice to choose his successor.Houston told employees in a Tuesday memo that Dropbox named Ashraf Alkarmi as co-CEO and that Houston would be training him as his replacement. Following 19 years at the helm, Houston said he plans to step down as…
This as-told-to essay is based on a conversation with Rob Mallernee, the CEO of Eton Solutions, who teaches a class in private wealth management at the University of North Carolina Kenan-Flager Business School. Business Insider has verified his employment. This piece has been edited for length and clarity.I teach a…
Nikesh Arora says AI has changed how he approaches hiring — but not in the ways many workers fear. Loading audio narration… The CEO of Palo Alto Networks — a cybersecurity company with a nearly $200 billion market cap — told The New York Times’ “Hard Fork” podcast that he…
The boss of Delta Air Lines has no qualms about snubbing Starlink for Amazon’s rival internet service, despite Elon Musk’s complaints. Loading audio narration… “Amazon brings a lot more than just satellite technology,” Delta CEO Ed Bastian told Bloomberg in an interview on Monday. “They bring great retailing capability and…
Ryanair CEO Michael O’Leary is in line for a bumper bonus. Loading audio narration… In its annual results released on Monday, Ryanair said it had nearly concluded discussions on extending the outspoken 65-year-old’s contract to 2032. He is currently contracted until 2028.The proposed new contract would give O’Leary the option…
Condé Nast was a money-losing magazine publisher in 2019, when Roger Lynch took over as CEO. Now it’s profitable. Loading audio narration… How’d he do that?Cuts and consolidation are part of the story. But Lynch says he’s focused on growing newish businesses, like the annual Met Gala his Vogue title…
On Monday, the Musk v. Altman trial entered its final stretch, with Elon Musk’s side calling its final witnesses — including Satya Nadella, CEO of Microsoft. Loading audio narration… The charismatic CEO described the inner workings of the decadelong, multi-billion-dollar partnership between Microsoft and OpenAI.It’s a key dynamic in Musk’s…
Chili’s CEO Kevin Hochman starts his day before sunrise, and some of his best business ideas come to him once he’s on the move. Loading audio narration… “I usually start between 5 and 6 [a.m.],” Hochman, who is president and CEO of Chili’s parent company Brinker International, told Business Insider.After…
Let’s give McDonald’s CEO Chris Kempczinski some credit — and maybe some absolution for his tiny bite of the Big Arch. One thing he got absolutely right was a prediction he made for this year: “You’re going to see a lot of beverage innovation.” Loading audio narration… Chris, my friend, you…
Wanted: A disciplined operator to handle “personal and household” matters for GameStop CEO Ryan Cohen. Loading audio narration… A recent GameStop job listing seeks a private project manager to “plan and execute personal and household projects for a senior executive,” which Business Insider confirmed refers to Cohen.The role includes a…
