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The Wing co-founder Audrey Gelman resigned as CEO Thursday amid outrage from employees over how the women-focused co-working space treats people of color. Gelman announced her departure amid a “digital walkout” by Wing staffers, who said her resignation was “not enough” to address the company’s problems. The Wing said Gelman will be replaced by a …

Sonic Automotive, which operates 95 US car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then, it changed its executives’ pay packages — handing them a multimillion-dollar windfall. On April 10, Sonic’s board gave its top executives stock options to replace performance-based share awards, …

Hertz Global Holdings on Monday appointed Paul Stone as its chief executive officer days after the US car rental company raised going-concern doubts following a bigger quarterly loss. Hertz, backed by billionaire investor Carl Icahn, has suffered a “sudden and dramatic negative impact” on its business due to the coronavirus crisis, which has crushed demand …

The heir to a frozen health-food empire was ordered quarantined and barred from seeing his three kids after he went out “partying” amid the coronavirus crisis — and openly left a stash of drugs in the Hamptons home where they were staying with a nanny, The Post has learned. Larry Praeger — whose late dad, …

Simon & Schuster CEO Carolyn Reidy died of a heart attack Tuesday morning. She was 71. Her death was announced by Dennis Eulau, the company’s chief operating officer and chief financial officer. “Carolyn was both an exemplary leader and a supremely talented and visionary publishing executive,” Eulau said in a statement about Reidy, who joined …

Motorcycle maker Harley-Davidson on Thursday named Jochen Zeitz as chief executive officer. Zeitz has served as acting president and CEO of the company since February 2020. Word of the appointment cheered Wall Street, sending shares up 8.2 percent early afternoon, at $21.17. It was a much-welcomed piece of good news. In April, Harley-Davidson laid off …

AT&T’s chairman and chief executive Randall Stephenson is stepping down from the helm of the telecom giant, handing the reins to his No. 2 John Stankey. Stephenson — 13-year company veteran who engineered its controversial, $85 billion acquisition of Time Warner that closed in 2018 — announced his retirement at the company’s annual shareholder meeting …

SeaWorld Entertainment’s chief executive has resigned only five months into his job, becoming the third leader of the theme park company to depart in just over two years, according to a company filing released Monday. Sergio Rivera cited his disagreement with the board of directors’ involvement in decision-making at the company, according to a filing …

FedEx said on Friday it would slash its chief executive’s pay and draw down $1.5 billion from a credit facility as parcel delivery services take a hit from coronavirus-led lockdowns across the globe. The company also plans to tap debt markets to bolster its reserves as the pandemic compounds its own troubles, including integration issues …