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America’s leading CEOs got paid 14 percent more on average in 2019 — and their paychecks could grow again this year even amid the coronavirus pandemic, researchers say. The chief executives at the top 350 US companies by sales raked in an average of $21.3 million last year, up from about $18.7 million in 2018, …
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McDonald’s former CEO Steve Easterbrook has fired back at the fast-food giant’s allegations that he lied about his habit of sexting with multiple employees, claiming that the company should have known about the issue when it handed him a fat severance package last year. In a complaint filed last week, McDonald’s claimed Easterbrook had sexual …
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Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company. The 59-year-old executive’s net worth passed the $1 billion mark thanks to a nearly 5 percent jump in Apple’s stock price last week that put its market value near $2 trillion, according to an …
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McDonald’s sued its former CEO Steve Easterbrook on Monday, accusing him of lying about sexual relationships he had with three subordinates before he was fired over a separate romance last year. The fast-food giant discovered “dozens of nude, partially nude, or sexually explicit” photos and videos in Easterbrook’s corporate email account, proving he had the …
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Not even CEOs are safe from the wrath of 2020. From Disney to Ford to Bleacher Report, heads are rolling at the top of America’s most recognizable companies. Whether from resignations, firings or retirements, the blood is flowing as companies from all industries experience a changing of the guard. Here’s who lost their job in …
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The net worth of Kodak’s top executive has skyrocketed on the company’s transformation from an ailing camera maker to cutting-edge pharmaceutical start-up — thanks in part to some timely share purchases. James Continenza, Kodak’s executive chairman and de facto CEO, was sitting pretty as the company’s largest individual shareholder — with 650,000 shares — when …
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Tapestry Chairman and CEO Jide Zeitlin stepped down on Tuesday amid an investigation into his personal behavior, a source familiar with the matter said. The source said Tapestry’s board had hired a law firm to investigate allegations from at least one woman of Zeitlin posing as a photographer under an alias to lure her into …
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Netflix said it tapped its longtime content chief Ted Sarandos to run the streaming giant alongside its founder Reed Hastings — just in time to deal with fears that growth will slow. Hastings said the promotion of the 20-year Netflix veteran — known for pushing the company to produce its own shows — won’t affect …
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Bonnier, the 216-year-old Swedish publishing giant that owns Field & Stream, Popular Science and Saveur, has changed the CEO of its American operation as it nears a deal to sell off its US-based titles. Eric Zinczenko, a 14-year veteran of Bonnier Corp who has spent the past four years as CEO of the US unit, …
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The tech CEO found decapitated in his New York City apartment issued a passionate defense of his fledgling company just months before his grisly murder. Fahim Saleh posted a YouTube clip in early February vowing to stand by his motorcycle ride-hailing app, Gokada, as it faced a crackdown from officials in its home base of …
America’s leading CEOs got paid 14 percent more on average in 2019 — and their paychecks could grow again this year even amid the coronavirus pandemic, researchers say. The chief executives at the top 350 US companies by sales raked in an average of $21.3 million last year, up from about $18.7 million in 2018, …
