A Turbulent Year May Lie Ahead—CEOs at Davos Are Optimistic

[ad_1] DAVOS, Switzerland—CEOs and business leaders gathered at the World Economic Forum are feeling increasingly confident about the U.S. economy and the strength of consumer demand, despite protracted conflicts around…

The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared

[ad_1] One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet. Companies in the S&P 500 spent $65…

WSJ News Exclusive | The CEO Who Gave 60,000 Employees His Cellphone Number

[ad_1] Updated Jan. 13, 2024 12:01 am ET Listen to article (1 minute) HERZOGENAURACH, Germany—A former professional soccer player, Bjørn Gulden says that when he took over Adidas just over…

The Onetime Auditor Brought In to Reinvent Gucci

[ad_1] Updated Jan. 12, 2024 12:00 am ET Listen to article (2 minutes) MILAN—When Gucci’s flagship store here reopened last month, the space was missing the baroque flourishes and jewel-toned…

International Flavors & Fragrances Taps Fyrwald to Succeed Clyburn as Next CEO

[ad_1] Updated Jan. 11, 2024 5:10 pm ET International Flavors & Fragrances tapped J. Erik Fyrwald to succeed Frank Clyburn as its next chief executive officer. The company, which manufactures…

SEC Charges Future FinTech Group CEO Huang With Manipulative Trading

[ad_1] The Securities and Exchange Commission has charged Shanchun Huang with allegedly inflating Future FinTech Group’s share price just before he took over as the company’s chief executive. The SEC…

WSJ News Exclusive | Skydance Backers Explore All-Cash Deal to Gain Control of Paramount

[ad_1] Shari Redstone, whose family controls Paramount Global, has entertained several offers over the years to buy its famed movie studio. Skydance Media CEO David Ellison is eyeing something more…

WSJ News Exclusive | Boeing CEO Says Company Needs to Acknowledge ‘Our Mistake’

[ad_1] Updated Jan. 9, 2024 5:07 pm ET Boeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that…

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

[ad_1] Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles. The fashion subscription company on Tuesday said the turnaround plan…

JetBlue CEO to Step Down as Airline Awaits Judge’s Ruling on Spirit Airlines Merger

[ad_1] Robin Hayes will step down as CEO of JetBlue Airways next month after nearly nine years at the helm, citing a doctor’s advice, as the company waits to find…