Pins matching tag:CEO

Nestlé's board dismissed Laurent Freixe with immediate effect after an investigation found an undisclosed romantic relationship with a direct subordinate, one year into his tenure. Nespresso chief Philipp Navratil, a Nestlé lifer who joined as an internal auditor in 2001, took over as CEO.

Former Renault chief Luca de Meo becomes Kering's chief executive on 15 September 2025, the first time the luxury group is run by someone outside the Pinault family, as chairman François-Henri Pinault steps back from day-to-day management.

Oracle promoted cloud chief Clay Magouyrk and industries chief Mike Sicilia to joint chief executives, ending Safra Catz's 11 years as CEO; she became executive vice chair of the board.

On 29 September 2025 GSK appointed Chief Commercial Officer Luke Miels as CEO Designate, to take over from Dame Emma Walmsley and join the board on 1 January 2026.

On 30 September 2025 Spotify announced that founder Daniel Ek will become executive chairman on 1 January 2026, with co-presidents Gustav Soderstrom and Alex Norstrom becoming co-CEOs.

Former Lion chief executive Sam Fischer takes over as CEO and managing director of Penfolds owner Treasury Wine Estates on 27 October 2025, succeeding Tim Ford after five years in the role.

On 14 November 2025 Walmart's board elected John Furner, 51, to succeed Doug McMillon as President and CEO effective 1 February 2026; McMillon retires on 31 January 2026 after more than a decade in the job.

After seven years, Calvin McDonald will leave as CEO on 31 January 2026; CFO Meghan Frank and president André Maestrini become interim co-CEOs and chair Marti Morfitt becomes executive chair while the board searches for a successor.

Group board member Nicolás de Lope took over as CEO of Aldi Nord from Torsten Hufnagel, who left after 28 years for personal reasons; Germany chief Felix Rottmann moved up to the group board.

On 1 January 2026 Greg Abel became President and CEO of Berkshire Hathaway, succeeding Warren Buffett after 60 years; Buffett remains chairman and Abel's annual cash salary is US$25 million.

Former Tesco chief executive Sir Dave Lewis took over as Diageo's CEO on 1 January 2026 on a £1.5 million salary, ending Nik Jhangiani's six months as interim chief after Debra Crew's exit.

Alo hires Benedetta Petruzzo, managing director of Christian Dior Couture and earlier CEO of Miu Miu, into a new role running its business outside the US alongside co-CEOs Danny Harris and Marco DeGeorge.

Heineken's chief executive Dolf van den Brink said he would leave the job on 31 May 2026 after almost six years in charge and more than 28 years at the brewer, and the supervisory board began searching for a successor.

Calvin McDonald's seven-year run as CEO ends and CFO Meghan Frank and president André Maestrini take over as interim co-CEOs while the board looks for a permanent chief.

On 3 February 2026 Disney's board announced it had unanimously elected Disney Experiences chairman Josh D'Amaro as CEO, effective at the 18 March 2026 annual meeting. Dana Walden was named president and chief creative officer.

On 12 February 2026 Sanofi's board said it would not renew Paul Hudson, whose last day as CEO was 17 February, and named Merck KGaA chief Belén Garijo to succeed him after the 29 April shareholder meeting.

Ferrero split its top job: Alessandro Nervegna will run the core confectionery, biscuits and better-for-you business, while CEO Lapo Civiletti moves to lead Ferrero Ice Cream and WK Kellogg Co from 1 September 2026.

Adidas's supervisory board extended Bjørn Gulden's appointment as chief executive to 31 December 2030, crediting him with driving the company's turnaround since he took over in January 2023.

On Holding named co-founders David Allemann and Caspar Coppetti co-CEOs from 1 May 2026, promoted Scott Maguire to President and COO, and said CEO Martin Hoffmann would step down; the shares fell about 11% that day.

Heidi O'Neill, who spent 27 years at Nike and last ran its consumer, product and brand, will become Lululemon's CEO on 8 September 2026 on a US$1.4 million base salary.

Ferrero's new structure took effect: Alessandro Nervegna became CEO of Ferrero Core and Lapo Civiletti, CEO since 2017, became President of Ferrero Ice Cream and WK Kellogg Co, both reporting to Giovanni Ferrero.

On 3 September 2026 Adobe announced that Anil Chakravarthy, president of its Customer Experience Orchestration business, will become president and CEO on 1 December 2026, with Shantanu Narayen moving to executive chair.

Former Nike executive Heidi O'Neill starts as Lululemon's CEO and joins its board, ending seven months of interim co-CEOs; the board also amends the bylaws the same day.

Former JDE Peet's chief executive Rafael Oliveira becomes chair of Heineken's Executive Board and CEO on 1 October 2026 for a four-year term, after shareholders approved his appointment at an extraordinary general meeting on 5 August.