CEO's

Kroger has abruptly replaced its CEO with an interim leader, the grocery chain said on Monday.Rodney McMullen resigned, and Ronald Sargent is taking over his role.The chain said it learned about conduct "inconsistent with Kroger's Policy on Business Ethics."The grocery chain Kroger is replacing its longtime CEO after an investigation into his personal conduct, it…

Starbucks CEO Brian Niccol is trying to turn the brand around.Challenges include fixing long wait times and issues with the mobile ordering system.Retail and marketing experts say his moves are a step in the right direction.When Brian Niccol stepped into the top job at Starbucks in September, he had a game plan to turn things…

Red Lobster exited bankruptcy in September with new CEO Damola Adamolekun.Adamolekun said the brand is improving its menu, service, and music at Red Lobster restaurants.He also described value as "an equation" between price and what you get for the cost.Red Lobster is charting a course for recovery under the leadership of its new millennial CEO.Damola…

Ron Vachris is Costco's third CEO in its 40-year history.He started out as a forklift driver for Price Club, which later became Costco.In 2024, Costco made $254 billion in revenue, and Vachris took home $12.2 million.The story of Ron Vachris is an aspirational one.After starting his career in the 1980s as a forklift driver, he…

Business Insider Editor-in-Chief Jamie Heller and Axel Springer CEO Mathias Döpfner discuss the intersections of trade, democracy, and the rise of artificial intelligence.Their conversation highlights challenges and opportunities for democratic nations in forming strategic trade alliances, the risks of economic dependence on authoritarian regimes, and the vulnerability of intellectual property in the AI era.Döpfner is…

Snap CEO Evan Spiegel said the "environment of uncertainty" around TikTok is good for its business.Snap saw a boost in engagement when TikTok "went dark" last month, Spiegel told investors.Snap's daily active users rose to 453 million in Q4 amid TikTok's uncertain future.Snap CEO Evan Spiegel told investors this week that his company benefited from…

Tech CEOs, GOP megadonors, and media personalities celebrated Donald Trump's inauguration.Parties thrown by the likes of billionaire Peter Thiel and X attracted big Silicon Valley names.The weekend demonstrated a realignment of the richest's Trump support as he starts a second term.Tech CEOs and billionaires were front and center, quite literally, at Donald Trump's inauguration on…

Sephora's CEO said teenagers only need three products in their skincare routine."Just cleanser, moisturizer, and SPF for a 13-year-old," CEO Artemis Patrick said.Gen Alpha customers have gone viral for snapping up Sephora's expensive skincare products.Sephora's CEO said teenagers only need three skincare products and need to stop buying products inappropriate for their age.In a keynote…

Decisions, decisions.Some billionaires and CEOs are deciding whether to attend Donald Trump's inauguration or catch the first day of Davos.Attending Trump's inauguration could mean scoring face time with the new President and his administration.It's a scheduling conflict most of us will never know.Some of the world's wealthiest and most powerful people are staring down a…

Barnes & Noble plans to open around 60 new stores in the US, says CEO James Daunt.Daunt said it would be "logical" to consider a future initial public offering in London or New York.Barnes & Noble was acquired by Elliott Investment Management for $683 million in 2019.James Daunt, the CEO of Barnes & Noble and…