Tag Archives: CEO

Sony Reports Best-Ever Q3 Profit; CEO Hirai to Step Down, Turnaround Ally Yoshida to Take Helm

Japan’s Sony said CEO Kazuo Hirai would be handing over the reins to finance chief Kenichiro Yoshida, while at the same time forecast a record annual profit that highlights the revival in fortune that they have both engineered. Once a market leader in consumer-electronics, the maker of the Walkman and Trinitron TV in recent years fell behind the likes of Apple in… Read More »

Apple CEO Tim Cook Says Future iOS 11 Update Will Give Option to Disable iPhone Performance Throttling

In the midst of facing a shortage of replacement batteries for older iPhone models, Apple CEO Tim Cook has said that in an upcoming iOS 11 update will allow users to disable battery performance throttling on their devices. The move is likely to overcome the slowdown issue that was acknowledgedby the Cupertino giant last month. To recall, the company also started compensating affected users by… Read More »

Facebook CEO Mark Zuckerberg to Take a Month of Parental Leave in December

Facebook CEO Mark Zuckerberg says he’s taking parental leave this month to spend more time with his daughters. Zuckerberg said on Facebook and Instagram over the weekend that “you’ll hear from me a little less” during this time. Facebook offers four months of paid parental leave for both mothers and fathers – generous for corporate America, although some tech companies offer more. The… Read More »

Apple ‘Very Bullish and Optimistic’ About India, Says CEO Tim Cook

Apple CEO Tim Cook on Tuesday reaffirmed the company’s interest in India during the latest quarterly earnings call as the iPhone-maker reported strong sales across all major product categories. Answering an analyst’s queries about the company’s recent progress in India, Cook said Applecontinues to be “very bullish and optimistic about India,” as the company continues to invest in the country. Apple took many… Read More »

Facebook CEO Mark Zuckerberg Urges Harvard Graduates to Build a World of ‘Purpose’

Mark Zuckerberg returned Thursday to Harvard, where he launched Facebook and then dropped out, telling graduates it’s up to them to bring purpose to the world, fight inequality and strengthen the global community. “Change starts local. Even global changes start small – with people like us,” the Facebook CEO said. He shared stories about graduates such as David… Read More »

Facebook CEO Mark Zuckerberg to Return to Harvard Today as Commencement Speaker

One of Harvard University’s most famous dropouts, Facebook founder Mark Zuckerberg, returns on Thursday to the Ivy League school to address its graduating class. The 33-year-old tech titan, who dropped out the college to found the pioneering social network company, has been on a nostalgia trip during the week leading up to Harvard’s commencement. On Tuesday, he live-streamed… Read More »

AIG names turnaround expert Duperreault as CEO to improve performance

American International Group (AIG.N) named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise. Duperreault, age 70, is the founder and chief executive officer of Hamilton Insurance Group Ltd in Bermuda, and is seen as a short-to-medium term replacement for… Read More »

Safilo CEO says can weather potential LVMH loss

Italian eyewear group Safilo (SFLG.MI) can make up for the potential loss of design-to-distribution deals with French luxury group LVMH (LVMH.PA) with new licences and by expanding its own brands, its chief executive said on Friday. Shares in Safilo were hit last week by a report that LVMH could buy a stake in spectacles maker Marcolin and grant… Read More »

Starbucks’ CEO transition unlikely to stymie growth: analysts

Starbucks Chief Executive Howard Schultz’s decision to step down is unlikely to hamper growth at the world’s biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said. Starbucks Corp (SBUX.O) said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing… Read More »

Asus Zenfone 3 smartphones to be unveiled in June, says Asus CEO

Asus will launch its Zenfone 3 range of smartphones in June, according to the company’s CEO, Jerry Shen. As per a report by DigiTimes, Shen also said that the Zenfone 3 smartphones will be targeted at the mid-range segment of the market. While he did not reveal any hardware specifications of the upcoming devices, he did say that… Read More »