Tag: ceo

BUSINESS

Yahoo Gets New CEO

Yahoo has hired Tinder’s top executive to become its new chief executive officer. Jim Lanzone is set to take up his new position on September 27. He is succeeding Guru Gowrappan, who has led Yahoo since 2018 and will now shift to a senior adviser role. The move comes just four months after Verizon announced it would sell Yahoo to […]

NEWS

Facebook CEO Mark Zuckerberg Backs Employees Working From Home

Facebook CEO Mark Zuckerberg is lending support to the new workplace dynamics by allowing his employees the option of working from home, according to press reports.    Facebook said in a memo to employees obtained by the Chronicle that “anyone whose role can be done remotely can request remote work.” “It’s clear that COVID has changed a lot about our […]

SPORTS

CWI’s CEO Grave — The Effects of COVID-19 Distressing

Cricket West Indies (CWI) CEO, Johnny Grave in explaining the financial crisis that is facing Windies Cricket Board said, “The effects of this pandemic have been distressing for everyone – the worst crisis of our lifetime – and at present, we cannot be certain when the situation will be rectified.” He lamented the financial burden brought about by the coronavirus […]

BUSINESS Commerce

Morgan Stanley Puts CEO’s Pay On A Grand Scale

According to Bloomsberg.com, Morgan Stanley boosted Chief Executive Officer James Gorman’s 2017 compensation by 20 percent to $27 million. This represents the biggest payout to the CEO since he took over the reins of the company over the past eight years. According to the report, the 59-year-old CEO new raise is allocated accordingly, $12.8 million long-term incentive, $6 million of […]

BUSINESS Commerce

Twitter Tightens Rules

Twitter Inc. has decided to up the ante by implementing more stringent rules for the use of its platform. This action comes against strong criticisms and threats of a boycott by some users who charged that the company has failed to protect users from hate speech as well as preventing users from targeting women with sexual or violent content. “We […]