Items tagged with CEO
If you’re a Comcast customer, we’re sorry. The company has drawn the ire of many Americans over the years for its poor customer service and generally unprofessional employees. In fact, Comcast took top honors as Consumerist’s Worst Company in America for 2014 (let’s give it up for the two-time winner).
In the...
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Surprise! AMD has a new chief and her name is Dr. Lisa Su. She replaces Rory Read, 52, who has stepped down as president and CEO as part of a transition plan that will have him support the new boss in an advisory role. Read will remain with AMD through the end of the year, at which point Dr. Su will be flying solo...
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Microsoft's newly appointed CEO may have received near-universal praise, but that doesn't mean that things are completely rosy internally. As these events always tend to do, there are at least a few folks who aren't exactly thrilled with the way the decision went down. Due to that, a few key executives are heading for...
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There's evidently only so much a man can take, and honestly, this shouldn't come as a surprise to anyone: with profits falling, the PC industry as a whole crumbling in the wake of tablet and smartphone supremacy, and Windows 8 falling short of most expectations, Microsoft's CEO is throwing in the towel. Steve Ballmer...
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Some pretty meaningful changes are afoot at one of the world's most innovative suppliers of flash storage, Fusion-io. Announced this week, the company's president and the co-founder both stepped aside, leaving big holes in a company that's struggling to get solid footing for growth. David Flynn is leaving his post at...
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Well, that's one way to grab some attention! As Yahoo looks to reinvent itself under a new CEO, it's trying a few new tricks. And one of those, it seems, it grabbing exclusive rights to provide online access for Saturday Night Live archives. The famed comedy show has been online in various places over the years, but...
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Warren East, the current CEO of ARM Holdings, has announced that he'll step down from the CEO position as of July 1. His replacement, ARM's Simon Segars, is an engineer who worked on some of ARM's earlier processors before stepping up to become company president. East's decision to step down is a bit surprising; the...
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What's a company to do when it's selling more phones than it ever imagined, and has too many people to congratulate? Give 'em all promotions, it seems. Shortly after unveiling the Galaxy S 4 to the world, Samsung has promoted two other individuals to be CEO. Yes, you read that correctly. As of today, Samsung has three...
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You might recall that Sir Howard Stringer stepped aside as Sony CEO around this time last year, with Kazuo Hirai taking over that office. But in the shuffle, Stringer remaining on as a head honcho at the company -- notable, as Executive Chairman. Stringer has been a fixture of Sony for many years now, and while the company is arguably worse...
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Here's a twist nobody saw coming: Steven Sinofsky, the President of Windows and lead architect on Windows 8 has announced his resignation from the company. That's an abrupt change considering that Sinofsky had been floated as a possible replacement for Ballmer in certain circles and his helming of Windows 8 was seen...
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OCZ's Board of Directors has appointed Alex Mei to serve as the Interim CEO of the company now that Ryan Petersen has resigned as President, CEO and a director of the Company. Mei will take over immediately and will also maintain his current responsibilities as Executive Vice President and Chief Marketing Officer...
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Best Buy's year hasn't been "easy," you might say. The company has experienced a great deal of turmoil, shutting the doors on a number of stores while seeing its CEO head for the exits after a potentially dodgy decision in his personal life. Then, there's the proposed buyout offer from the founder, along with public...
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Well, if you were wondering any Marissa Mayer would leave a perfectly comfortable spot at Google to take on a daunting CEO role at Yahoo, wonder no more. Money talks, and it's speaking loud and clear here. A new Wall Street Journal report shows that newly appointed CEO Marissa Mayer will earn around $100 million over...
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Let this be a lesson to all you recent college grads: It doesn’t pay to lie about your degree. Just ask Yahoo! CEO Scott Thompson, who got caught with a bogus computer science degree on his resume. After an embarrassing week of halfway acknowledging the untruth, Kara Swisher of All Things D reports that Thompson is on his way out as...
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In what is being deemed as a "leadership transition," Brian Dunn has stepped down as chief executive officer and director of Best Buy. Director G. Mike Mikan will assume the role as CEO on an interim basis until a permanent replacement is found, Best Buy announced. "There were no disagreements between Mr. Dunn and the...
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Although it came as no shock, Samsung Electronics announced today that it has officially spun off its display business into a new corporation called Samsung Display Co., Ltd, with operations under the new arrangements beginning tomorrow. At the moment of its birth, Samsung Display became the world’s largest...
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HP CEO Meg Whitman is expected to announce a major shift in its business structure today. Henceforth, the Personal Systems Group (PSG), which includes consumer PC sales, and the Image and Printing Group (IPG) will be combined into a single business structure. The move is a curious one, given that it combines what's...
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When AMD held its Analyst Day a few weeks ago, the company focused on how it was fundamentally changing its approach to semiconductor research and product development. Years of attempting to compete with Intel drained company coffers and exposed it to tremendous competitive pressure. Consumers unquestionably profited...
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The hard drive shortage, Oracle's assault on Itanium, and highly competitive scenarios in its ink-and-printer business combined to kneecap HP's earnings this last quarter. The company's net revenue fell seven percent, to $30 billion, while overall margins dropped to just 6.8 percent -- a decline of 3.7 percentage points. The steep decline...
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Following the tragic news that Micron's CEO since 1994 perished late last week in a plane crash, the company has now promoted D. Mark Durcan as Chief Executive Officer. Mr. Durcan will also serve as a Director on Micron's Board of Directors. Mark has been the company's CTO in the past, making it a natural step-up. It's surely a bittersweet...
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Micron has grown to become one of the world's leading providers of advanced semiconductor solutions, and a lot of the company's success is due to the leadership of Steve Appleton. On Friday, the company's CEO perished in a plane crash at the age of 51. Mark Durcan, Micron President and Chief Operating Officer, said the following: "Steve was...
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Maybe brand new Sony CEO Kazuo Hirai is rethinking his decision to take the reins of legendary Japanese electronics maker; a day after announcing its new CEO, Sony delivered its financials for the quarter October-December 2011, and the results were less than stellar. The company lost $2.1 billion in the quarter and predicts losses $2.9 billion...
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