KS Pua resigns as Phison chairman
Phison Electronics' board of directors has approved the resignation of KS Pua as chairman, according to the Taiwan-based flash device controller specialist......»»
Nissan wins as court orders Carlos Ghosn to fork over yacht and $32 million
The luxury vessel became a lurid symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn, who was arrested in 2018 at the height of his power as the chairman of the Renault-Nissan-Mitsubishi al.....»»
Daily 5 report for Sept. 3: Which scandal had more impact? Fugitive Carlos Ghosn or cheating VW?
With auto industry scandals, the ex-Nissan chairman's escape from Japan is top of mind. Now, ex-CEO Martin Winterkorn is on trial over VW's emissions cheating......»»
Foxconn chief dodges accusation of discrimination in India hiring practices
Following reports of married women being specifically excluded from jobs at Foxconn's India iPhone facilities, the company's chairman has said that the company does have married women as employees — but didn't specifically dispute accusations over.....»»
Fed"s Powell doesn"t rule out small rate cut in September
Investors foresee and Federal Reserve Chairman Jerome Powell hasn't ruled out a cut to the Fed's benchmark rate target in September, a move that could lower the interest rates on car loans......»»
Carlos Ghosn calls Nissan-Honda-Mitsubishi deal a ‘disguised takeover" by Honda
Fugitive former Nissan Chairman Carlos Ghosn says Nissan's plan to team with Honda and Mitsubishi smells like a ‘disguised takeover' by Honda but will be a difficult partnership to pull off successfully no matter how it shapes up......»»
Even Samsung’s chairman is livid his company keeps ripping off Apple designs
It’s hard to deny that Samsung’s new Galaxy Watch Ultra is a design ripoff of the Apple Watch Ultra. Or, that the Galaxy Buds 3 are an AirPods clone. Apparently, even Samsung’s chairman is fed up with the copycat designs, leading to turmoil ins.....»»
Samsung’s days of copying Apple might be coming to an end
Samsung's faced a lot of criticism for its Apple-inspired design with the Galaxy Watch Ultra and Buds 3 — including backlash from a Samsung chairman......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
Akio Toyoda"s $10 million compensation broke company record
Toyota Chairman Akio Toyoda collected $10 million in compensation during the 2024 fiscal year. It was the highest payout to any executive in the carmaker's history......»»
Deepwatch appoints John DiLullo as CEO
Deepwatch announced that John DiLullo has been appointed as CEO, succeeding Charlie Thomas who is retiring and will serve as chairman of the Board of Directors, effective immediately. John DiLullo is a veteran of the cybersecurity industry with more.....»»
Stellantis customer experience chief resigns in 3rd senior executive departure this month
Richard Schwarzwald is being replaced by Olivier Bourges, previously head of the global corporate office and public affairs......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
StabilityAI chief resigns, raising doubts about AI start-up’s future
Resignation comes in wake of legal woes, battles with investors. Enlarge (credit: Lionel Bonaventure via Getty) The future of StabilityAI, once seen as among the world’s most promising artificial intelligence start-ups.....»»
Former NADA Chairman Jack Kain dies at 94
Former NADA chairman Jack Kain, 94, died Tuesday from complications with cancer, a family member confirmed to Automotive News......»»
Phil Long Dealerships Chairman Jay Cimino dies
Cimino became CEO of Phil Long Dealerships in 2001 and is known for his contributions to the company's growth......»»
GM"s Cruise hardware chief resigns in latest exit after operations suspended
Carl Jenkins, the senior vice president for autonomous vehicle platforms, is leaving after six years with the company, he said in a post on LinkedIn......»»
NinjaOne raises $231.5 million to boost product innovation
NinjaOne announced it raised a $231.5 million Series C funding round led by ICONIQ Growth. Frank Slootman, Chairman and CEO of Snowflake; and Amit Agarwal, President of Datadog; among others also invested in the round. With this financing, ICONIQ Gro.....»»
Aston Martin said to seek fourth CEO in as many years
Chairman Lawrence Stroll has contacted current and former heads of other luxury automakers to gauge interest in the role, according to people familiar with the matter......»»
NADA"s outgoing chairman takes issue with federal regulations, potential impact of Chinese EV brands
Geoffrey Pohanka, outgoing chairman of the National Automobile Dealers Association, said he is very concerned about the industry's rapid transaction to electrification......»»
Former NADA chair Paul Walser urges young dealership leaders to ‘be patient"
Former National Automobile Dealers Association Chairman Paul Walser encourages 40 Under 40 winners and alumni to ‘be patient' when waiting for promotions......»»