The loneliness of the CEOs hired from outside
A third of the new CEOs are hired outside the company despite the fact that on average their performance is lower than those who reach the top by internal promotion. A study shows that the reasons are to be found in the misalignment between the backg.....»»
Apple semiconductor expert hired by Samsung in rare poaching
One of Apple’s semiconductor experts, Kim Woo-Pyeong, is going to work for a major competitor – Samsung Electronics. Woo-Pyeong is serving as director of the company’s newly established Packaging Solution Center in Device Solution America (DSA.....»»
Samsung poaches semiconductor expert from Apple
Semiconductor expert Kim Woo-pyeong has been hired away from Apple to run Samsung's new processor packaging solution center.Samsung's Packaging Solution Center is part of the company's wider Device Solution America (DSA) operations in Silicon Valley......»»
LMP taps BofA Securities to explore options
LMP Automotive Holdings Inc. in July fired its CFO and said it plans to sell a Stellantis dealership in New York. The company also has hired BofA Securities to help it explore strategic options for the company......»»
Microsoft wins deal to serve ads on Netflix, edging out Comcast and Google
Microsoft will be Netflix's exclusive "advertising technology and sales partner." Enlarge (credit: Netflix) Netflix has hired Microsoft to provide the advertising technology for the streaming service's planned ad-supported tie.....»»
Twitter gets ready to sue Elon Musk, hires elite merger law firm
Twitter will try to force Musk to complete $44 billion purchase. Enlarge (credit: Chris Delmas/Getty Images) Twitter has hired an elite law firm to handle its forthcoming lawsuit against Elon Musk, which could be filed any day.....»»
American Factories Are Making Stuff Again As CEOs Take Production Out of China
Long-time Slashdot reader schwit1 quotes a (paywalled) article from Bloomberg: There has been a sense in financial circles that the fever among American executives to shorten supply lines and bring production back home would prove short-lived. As soo.....»»
MetricStream appoints Gaurav Kapoor and Prasad Sabbineni as Co-CEOs
MetricStream announced that Gaurav Kapoor and Prasad Sabbineni have been appointed as co-Chief Executive Officers. MetricStream has grown consistently over the last decade to become an established market leader in the GRC space. Over the past two yea.....»»
Walking a tightrope (3): The risks of running tech business
According to a KPMG survey, supply chain stability is the biggest business risk in 2022, and 68% of CEOs surveyed agreed that companies must be more resilient to face a high-risk, volatile supply chain......»»
Research reveals the complexity of loneliness during lockdown
A study exploring loneliness and solitude during lockdown highlights how different people experienced social restrictions as either "hell or bliss.".....»»
Former Apple securities lawyer pleads guilty to insider trading charges
Gene Levoff, former senior director of corporate law for Apple, has pleaded guilty to six counts of security fraud — the same type of fraud he was hired to prevent.Gene LevoffIn 2019, Levoff was accused of arranging and executing a five-year inside.....»»
Aspects of Asian elephants" social lives are not related to amount of intestinal parasites
An international team of scientists found that sociality is not linked to intestinal nematode infection in Asian elephants. The researchers looked at loneliness and characteristics of the elephants' social groups and found no differences in infection.....»»
Female CEOs Change How Firms Talk about Women
Appointing women to leadership positions renders organizations more likely to describe all women as being powerful, persistent, and bold -- Read more on ScientificAmerican.com.....»»
With landmark antitrust legislation looming, Big Tech CEOs pay a visit to Congress
As Senate lawmakers embark on a final, urgent push to pass landmark antitrust legislation to reshape the tech industry, Big Tech is bringing out its heaviest hitters to influence the members whose votes could decide the bill's fate......»»
Volvo shuffles executive ranks
Volvo CEO Jim Rowan has made sweeping changes to his leadership team, naming two deputy CEOs and moving four executives off the automaker's highest management tier......»»
Cooper-Standard shares plunge 20% after hiring Goldman Sachs for financial advice
Cooper-Standard Holdings Inc. said it hired Goldman Sachs & Co. to help it analyze "potential alternatives for refinancing its capital structure," prompting a negative reaction from investors. The automotive sealing and fluid delivery parts supplier.....»»
Two Tech CEOs Wanted Every Worker to Have a Permanent, Publicly-Available Job Performance File
"Two CEOs on a podcast casually proposed a shareable database of worker performance that would follow them between companies, forever, and encouraged listeners to create one," writes Slashdot reader merauder128 , summarizing a recent article on Vice......»»
Boards, CEOs demand software supply chain security improvements
Venafi announced the findings of a global study of 1,000 CIOs, in which 82% say their organizations are vulnerable to cyberattacks targeting software supply chains. The shift to cloud native development, along with the increased speed in development.....»»
Tesla reportedly hired a PR firm to monitor employees on Facebook
Tesla reportedly paid a consultancy firm to monitor employees' Facebook interactions when some workers wanted to form a union at the company's factory in Fremont, California......»»
Researchers find large cost benefits for companies with Machiavellian CEOs
Narcissism, psychopathy and Machiavellianism are ubiquitous among CEOs, despite ample evidence that these dark personality traits pose financial and managerial risks to organizations. Their prevalence on corporate boards—nearly three times the gene.....»»
Apple Car project loses another executive six months after hire
An automotive engineer who worked on the Apple Car team has left the Cupertino tech giant just days over six months after the company hired him.Apple Car illustrationC.J. Moore has apparently left the iPhone maker to work at autonomous vehicle techno.....»»