AMC Networks has lost its CEO
2022.12.04 15:06
AMC Networks has lost its CEO
Budrigannews.com – Solid Power Inc.When it was announced that Douglas Campbell would be retiring as CEO and a member of the Board of Directors immediately, shares fell. David Jansen, the Chair and President of the company, has been appointed Interim CEO by the Solid Power Board.Strong Power’s Top managerial staff has started an extensive inquiry cycle to recognize a super durable President.
“As we enter the next phase in our evolution and build on our momentum as a newly public company, Doug and the Board decided that now is the right time to identify a new leader who will drive our product development and commercialization capabilities,” said Lead Independent Director John Stephens.”I remain as confident as ever in the future of Solid Power,” Campbell stated.I anticipate remaining a significant shareholder of the business for many years to come.The week’s share price was $3.25, down 28%.
AMC Networks, Inc.The announcement that CEO Christina Spade had resigned after less than three months in the position sent the stock plunging.In addition, it stated that it would eliminate approximately 20% of its employees in the United States as it dealt with a challenging macro backdrop. The CEO position is currently being finalized, according to the Board of Directors.For the week, shares fell 6.3% to $199.23.
Salesforce, Inc. said that Bret Taylor would quit his position as Salesforce’s Co-CEO on January 31, 2023. Marc Benioff will become the company’s chair and CEO at that point. According to Taylor, “I’ve decided to return to my entrepreneurial roots after a lot of reflection.”Salesforce has never been more relevant to customers, and now is the right time for me to leave because the company is running on all cylinders and has a best-in-class management team.For the week, shares fell 4.9% to $144.56.
WW Internationalsaid that Amy O’Keefe will step down from her position as CFO on December 2, 2022. However, she will continue to work for the company until December 31, 2022, in order to provide support to the finance team for the remainder of the year. In the interim, Heather Stark will take over as Principal Financial Officer. Obvious has been with WeightWatchers for a very long time, most as of late as Head of North American Money. The week’s share price was $3.94, down 3.2%.
US Food varieties Holding (NYSE:) declared that Dave Flitman would take over as CEO on January 5, 2023. Additionally, Flitman will serve on the US Foods Board of Directors.Flitman has been President and Chief Executive Officer of Builders FirstSource Inc. (NYSE:) since April 2021. He served as CEO of Performance Foodservice, the largest division of Performance Food Group (NYSE:), from 2015 to 2018.a distribution company for foodservice in the United States.For the week, shares increased minusculely to $35.87.
When it comes to hedge funds, Bloomberg reported that Bridgewater had lost the majority of its gains for 2022 after a two-month slide.
Additionally, Engine Capital, a hedge fund with a 1 percent stake in Univar (NYSE:),is urging the business to think about selling or other options. Engine contends that preliminary takeout negotiations with Brenntag SE, a German company, demonstrate the company’s “undervalue” and “highly attractive acquisition target.”The week’s share price was $34.34, up 2.5%.
