CEO
Airbnb’s CEO doesn’t believe most people want complete autonomy at work.”I think they say they want autonomy. I think their actions don’t say the same thing,” he told Fortune.Chesky, who inspired the term “founder mode,” says those seeking full autonomy should be entrepreneurs. Brian Chesky doesn’t think workers want autonomy…
Telegram CEO Pavel Durov is funding IVF treatments for women using his sperm.AltraVita IVF Clinic in Moscow confirmed the program, which it said is open to Russian women.Durov said in July that he has fathered more than 100 children over 15 years of sperm donation. Pavel Durov, the billionaire CEO…
Starbucks’ ex-CEO, Howard Schultz, told Fortune he trusts successor Brian Niccol to revitalize the company.Niccol plans a back-to-basics strategy as the coffee chain faces low sales.Schultz, who served three stints as CEO, said there’s no chance he’ll reprise his role again. Brian Niccol knew when he took over in September…
By Richa Naidu LONDON (Reuters) – Nestle (NS:)’s KitKat brand has signed a global sponsorship deal with Formula 1 as new Chief Executive Laurent Freixe seeks to change the way the world’s biggest food company markets its core, multi-billion-dollar brands. A senior executive told Reuters exclusively that the Formula 1…
By Dawn Chmielewski and Harshita Mary Varghese (Reuters) – Warner Bros Discovery (NASDAQ:) CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday. “That would provide real positive and accelerated impact on this industry that’s needed,”…
By Dan Catchpole, Allison Lampert, Tim Hepher, Joe Brock SEATTLE (Reuters) -Ending the strike only stemmed the bleeding at Boeing (NYSE:). Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a divided, demoralized, and drifting American corporate icon. More than 33,000 factory workers in the…
By Helen Reid and Mimosa Spencer LONDON/PARIS (Reuters) – Burberry’s new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% this year, stoking speculation it could be a takeover target. The luxury sector…
Snowflake CEO Sridhar Ramaswamy said tech firms lack transparancy about their AI hallucination rates.The issue isn’t occasional errors — it’s not knowing which part of the AI’s answer is off, he said.Snowflake’s head of AI told Business Insider that AI accuracy will improve with guardrails and diverse data. AI may…
Jassy emphasized aggressive investment in AI during a call with analysts.Amazon plans $75 billion in capex, and even more in 2025, mostly for cloud services.Amazon’s AI services are rapidly growing, with significant demand for AWS’s AI chips. Just when you thought Big Tech executives couldn’t get more bullish on AI,…
Peter Warwick, CEO of Scholastic, shares his daily routine for achieving work-life balance.Warwick emphasizes prioritization and communication to manage the demands of his work.He balances his professional life with personal interests, including art, gardening, and reading. This as-told-to essay is based on a conversation with Peter Warwick, the CEO of…
