Intel's CTO and AI chief leaves for OpenAI after just seven months in role — follows another AI data center exec out the door, Lip Bu-Tan to take up the slack | Tom's Hardware https://share.google/N8vbWxNr8o0YGrv59
Posts mentioning hashtag #execshuffle
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New leaders do not know their own org structures
With the SVP changes today, both in the business & finance…. I can’t help but to ask myself, how are they deciding who is being let go? These shifts imply that the new leaders do not know their org structure…. Who is good/ who isn’t etc.
All we can do now is, not let our nerves get the best of us. Today just proves that layoffs will be 1. financial 2. Strategic and not personal and reflective of your abilities.
I hope everyone can get some rest after today and realize there is nothing that you can do it. Out of our hands so should be out of our minds.
Sachin Katti is leaving.
https://x.com/sk7037/status/1987998832270127601?s=20
Week two
Dan said that most of his transformative change would be unveiled in his next 22 days as CEO. Week #1 revealed him hiring his PayPal buddy. What do you think will be revealed this week? Are you as excited as Dan to be part of the transformative experience?
what's next?
Chairman is 5 weeks in and started working 10 weeks ago.
What's next?
GB and KD out? bottom 10% out? what else?
Market Presidents gone?
4 out of 6 market presidents shown the door! Any confirmations?
Regime changes?
So with Edmundo moving on to greener pastures. Any ideas who will be taking his place? I have heard Dave Marino is in the running to pick up where Edmundo left off. Let's hope this is true.
MB of CTO
MB, CTO is on the move!
Chris McCarthy Moving to 101 Studios/NBCU
Chris McCarthy being “let go” as co-CEO back in August was probably the first sensible decision Paramount’s made in years. The man’s entire career has been one long masterclass in failing upward. Now he’s probably slinking over to 101 Studios or NBCU to “collaborate” with Taylor Sheridan, who’s already planning his big exit from Paramount in 2028. It’s the perfect Hollywood farce. One guy can’t keep a job without wrecking it, the other’s counting down the days till he can cash out and ride off on a horse named Ego. You decide which is which. Chris somehow walks away with a multi-million dollar payout for achieving absolutely nothing, proving once again that in this town, being useless isn’t a flaw,it’s a business model. That's right, Amy, Liza, Laurel, Nina, and co.
Exec Shakeup - Rick
Wonder how much more bad news is out there now that Rick is out. Doesn’t instill confidence and I wish that we at Ansys were not acquired.
I suspect the initial set of layoffs will happen tomorrow now that we have an all hands call tomorrow.
finance leadership changes
who else is tired of these leadership changes in finance that make no sense? extra work training the new bosses, just for them to be sent elsewhere in 6 months.
What is going on in the Quality org?
Title speaks for itself. There have been some significant departures within Quality leadership recently. Anyone have any insights?
VPs and SVP on LinkedIn already announcing new roles elsewhere?
There are a few Target VPs already posting on LinkedIn that they have new roles at other companies. They knew before us. Not only that, they knew like 60 days ago because they are already working at the new company. Probably got professional placement assistance. That's disgusting.
If you are at a lower level and are just being informed today, now you know how much Target values you.
More Shuffling in the C-Suite
Sona Chowla exiting, Chris Corley as well, more conglomeration at the top with people leading combined departments. Tariff pressure coming down the pike and probably foreseeing a dip in stock price so those pay packages aren’t as appealing. But don’t people want to work with an award winning CEO voted on by her Chicago peers?
VPs SVPs
Some VPs and SVPs got laid off yesterday and today. Anyone know who has gone so far?
Why was Acqueon CEO laid off in May?
Are there more Acqueon layoffs coming?
another rat out: Hemsley Deports CFO back to UK
thank you for your attention to this matter!
https://seekingalpha.com/news/4507696-unitedhealths-optum-unit-cfo-depart
Michigan Central CEO to depart organization
Well the Train Station looks nice, but is a money pit for taxpayers and Ford. There are supposed to be. 5,000 w2 employees working there today, nowhere near that.
Who is Bill Ackman going to appoint as the next CEO?
Big money is at stake. Seasoned pro is required.
Priscilla's gone. Who else?
Can’t believe she didn’t even announce it herself and had someone else speak for her. She’s probably just done with all the ** and called it quits.
Leaders leaving
Has anyone heard of any big leaders "retiring" or leaving the company?
Executive Massacre
A bunch of AVP, VP, and SVP were fired over the last two days. It seemed like the layoffs spanned across all of the corporate functions. I would estimate the numbers in the dozens of people which is a lot for the executive ranks.
Were Jill and Rick let go today?
Any truth to that? Wouldn’t they announce that?
Walgreens hires BJ's executive
Source: Supermarket News
https://search.app/8iqm9
The ship is taking on more water
Seeing more important people leaving every week. Even our senior management seems to be making plans of their own to bail. Hope it can last until the first of the year when hiring picks up so that I can leave too
Hey Elliot!
Get your hands on a set of the new orgs charts out today. Dozens of newSVPs and new VPs. The top just got heaver w/blessing of new EVP of perpetual conference attendee (HR)
Bloody Monday
The fired all the GMs in the USA and the COO Derek. Couldn’t happen to a better group of low performers. Hard to believe all the brass they couldn’t manage a glorified shoreline. Glad to see them gone we are much better off.
Is there a worse signal to Wall Street than a CFO leaving?
Seriously, how bad were things???
Rich Templeton quits positon as TI board Chairman
He's likely preparing to sell his positions. If Elliot manages to get a seat in, get ready for some real vulture capitalism boys
Ford’s Exec Reshuffle from GM
Heard from the grapevine that there's more exec reshuffling happening at the top. From GM...
EVP CPAO departure- pushed out?
Any word on if she was pushed out? I am assuming so based on the four sub groups now reporting to other people, and no mention of backfilling
Lots of Medicaid Leadership changes
What is going on in the Medicaid segment with so many top leaders leaving suddenly, does anyone know? Regional VP's, CEO's, lots of top level movement....seems suspicious.
They hired another clown ceo
Terrific job board, you hired another clown show
D&D Plot Twist: The Consultant Takes the Throne
Just when you think things couldn’t get more confusing, two of the few competent and respected leaders in D&D, people who actually know the space and can manage people are reportedly leaving.
Meanwhile, if the rumor mill is right, a former consultant VP with limited direct experience is expanding their scope to oversee all of D&D.
How does someone go from “separation” status to suddenly being over all of technology, without the background or expertise for it?
Feels like we’re watching a slow-motion reorg that could spark a bigger exodus. Or maybe it’s strategic — put the least qualified person in charge and let attrition do the work.
Verizon is not too bright as a billion dollar company
why would you change CEO's just like that without giving wall street a heads up and of all months OCT.Which is notorious bad for stocks.Changing CEO's as a surprise tell investors that there is something wrong in this company.Glad i sold at 44...
Rumors: new CEO replacement soon ...
Reduce target headcount to 50K next year to get stock up to $60 again. Ki-l internal designs with 18A and 14A due to conflict of interests. Only focus 18A and 14A on external customers to prove it is really working.
E & I layoffs coming?
3 executives in marketing let go. Heard they are looking at all 29 and above for rounds 2 and 3. If you don’t have 5 or more direct reports you’ll be in trouble. Saying too top heavy