departure
(Reuters) – CVS Health (NYSE:) CEO Karen Lynch is stepping down after nearly four years at the helm, as the healthcare conglomerate faces shareholder pressure to improve its business performance. Lynch, who was the head of its Aetna insurance unit before taking over as CEO, will be replaced by company…
The group will consist only of independent board members, providing relief to critics who questioned if the committee could really serve its function as a watchdog if its CEO was part of it. Bret Taylor, OpenAI’s chair, has also stepped down from the committee.The committee was first formed in May,…
By John Revill ZURICH (Reuters) -Nestle shares tumbled early on Friday following the abrupt departure of CEO Mark Schneider from the world’s biggest foodmaker and his replacement by company veteran Laurent Freixe. Schneider’s surprise exit was announced late on Thursday following a board meeting that put an end to the…
