Unilever Abruptly Replaces CEO After Less Than Two Years
Unilever unexpectedly replaced CEO Hein Schumacher with finance chief Fernando Fernandez after less than two years, causing a 3 percent stock drop; the board cited a need for faster progress and expressed confidence in Fernandez's 'decisive' approach.
Unilever Abruptly Replaces CEO After Less Than Two Years
Unilever unexpectedly replaced CEO Hein Schumacher with finance chief Fernando Fernandez after less than two years, causing a 3 percent stock drop; the board cited a need for faster progress and expressed confidence in Fernandez's 'decisive' approach.
Progress
48% Bias Score
Telefónica Chairman Faces Potential €23 Million Payout Upon Dismissal
Telefónica's chairman, José María Álvarez-Pallete, faces potential dismissal proposed by SEPI, potentially receiving a €23 million termination payment plus an additional €11.4 million from a separate executive plan, though both are incompatible; the decision will be voted on by the board.
Telefónica Chairman Faces Potential €23 Million Payout Upon Dismissal
Telefónica's chairman, José María Álvarez-Pallete, faces potential dismissal proposed by SEPI, potentially receiving a €23 million termination payment plus an additional €11.4 million from a separate executive plan, though both are incompatible; the decision will be voted on by the board.
Progress
52% Bias Score
Intel CEO's Exit Boosts AMD Amidst Chipmaker's Struggles
Intel CEO Pat Gelsinger's surprise retirement on Monday sent Intel shares up 4%, while rival AMD is expected to benefit further; analysts predict that each billion dollars of market share Intel loses in data centers could translate to $0.40 or more in earnings for AMD.
Intel CEO's Exit Boosts AMD Amidst Chipmaker's Struggles
Intel CEO Pat Gelsinger's surprise retirement on Monday sent Intel shares up 4%, while rival AMD is expected to benefit further; analysts predict that each billion dollars of market share Intel loses in data centers could translate to $0.40 or more in earnings for AMD.
Progress
56% Bias Score
Orsted CEO Steps Down Amidst Industry Challenges
Orsted announced CEO Mads Nipper's resignation, effective February 1st, due to the increasingly challenging offshore wind market, including supply chain issues, interest rate hikes, and regulatory changes; he will be replaced by Rasmus Errboe.
Orsted CEO Steps Down Amidst Industry Challenges
Orsted announced CEO Mads Nipper's resignation, effective February 1st, due to the increasingly challenging offshore wind market, including supply chain issues, interest rate hikes, and regulatory changes; he will be replaced by Rasmus Errboe.
Progress
20% Bias Score
Westinghouse CEO Steps Down Amidst Financial Losses
Westinghouse Electric Company CEO Patrick Fragman is stepping down at the end of March 2025, with Dan Sumner taking over as interim CEO, while the company searches for a permanent replacement amidst recent financial losses and Cameco's growth targets.
Westinghouse CEO Steps Down Amidst Financial Losses
Westinghouse Electric Company CEO Patrick Fragman is stepping down at the end of March 2025, with Dan Sumner taking over as interim CEO, while the company searches for a permanent replacement amidst recent financial losses and Cameco's growth targets.
Progress
48% Bias Score