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McDonald's CEO Firing: Management Expert, Asset Manager On What It Means For Investors
Monday, November 4, 2019 - 11:25am | 415McDonald's Corp (NYSE: MCD) CEO Steve Easterbrook is the latest high-ranking executive to be fired for misconduct, according to Yale School of Management's Jeff Sonnenfeld. Sonnenfeld: No Need For Interim CEO Among the roughly 90 CEOs who were terminated or resigned last year, 40% were...
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WeWork's We Company To List On Nasdaq
Friday, September 13, 2019 - 8:31am | 256WeWork's We Company has filed S-1 paperwork and plans to list on the Nasdaq. We will officially begin marketing the shares to investors next week ahead of a trading debut the week of Sept. 23, according to The Wall Street Journal. The company is also expected to set a price range next week. We...
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Management Pro: Too Much Is Wrong With WeWork
Wednesday, September 11, 2019 - 11:15am | 722WeWork's initial public offering is off to a rough start before it's even started, and for good reason, management expert Jeff Sonnenfeld told CNBC in a Tuesday interview. What Happened WeWork was valued as high as $47 billion during rounds of private financing, but a potential...
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CBS, Viacom To Merge: What Comes Next?
Wednesday, August 14, 2019 - 11:07am | 486CBS Corporation (NYSE: CBS) confirmed a merger agreement Tuesday with its sister company Viacom, Inc. (NASDAQ: VIAB). CBS and Viacom share the same parent company, National Amusements, which is controlled by Shari Redstone, daughter of Sumner Redstone. Two Surprise Takeaways One of the...
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Sen. Warren On Wells Fargo CEO Sloan's Retirement: 'About Damn Time'
Friday, March 29, 2019 - 11:07am | 582Sen. Elizabeth Warren, a Democratic contender in the 2020 presidential race, said Thursday Wells Fargo & Co (NYSE: WFC) outgoing CEO Tim Sloan should have been "fired a long time ago." What Happened Sloan announced his retirement from the bank Thursday, which prompted longtime...
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The Latest From Bezos' Feud With National Enquirer
Monday, February 11, 2019 - 10:52am | 530Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos accused the National Enquirer of blackmail last week, and there's no indication the conflict will dissipate in the near-term. Cramer: A Bit Worried Bezos, the world's richest person, is free to conduct his private life how he wants, CNBC's...
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2 Pros Discuss What Larry Culp Brings As CEO To General Electric
Monday, October 1, 2018 - 6:13pm | 546General Electric Company (NYSE: GE) has a new CEO. H. Lawrence Culp, Jr. will replace John Flannery, effective immediately. The executive shuffle helped boost GE's stock about 7 percent Monday as the company is now led by "one of the best" industrial executives, according to...