Corporate management

June 14, 2020 - 4:35 pm
Pilgrim’s Pride Corp. said Sunday that Jayson Penn, its president and CEO, is taking a leave of absence to focus on his defense in a price fixing indictment. Penn is one of four current and former executives at chicken companies who were indicted earlier this month on charges of price fixing. A...
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Ukraine's Anti-Corruption Prosecutor Nazar Kholodnytsky, left, and National Anti-Corruption Bureau chief Artem Sytnik at a pile of USD 6 million in plastic bags during a briefing in an anti-corruption prosecutor's office in Kyiv, Ukraine, Saturday, June 13, 2020. Ukrainian authorities say they have intercepted a USD 6 million bribe attempt at dropping a criminal investigation against the head of the Burisma natural gas company where former US Vice President Joe Biden's son once held a board seat. (AP Photo/Efrem Lukatsky)
June 13, 2020 - 6:59 am
MOSCOW (AP) — Ukrainian authorities said Saturday they intercepted an attempt to offer a $6 million bribe in return for the dropping of a criminal investigation into the head of a natural gas company where the son of former U.S. Vice President Joe Biden once held a board seat. At a news conference...
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FILE - In this May 29, 2020 file photo, Brad Smith, president of Microsoft, speaks during a roundtable with industry executives about reopening country after the coronavirus closures, in the State Dining Room of the White House, in Washington. Microsoft has become the third big tech company this week to say it won’t sell its facial recognition software to police, following similar moves by Amazon and IBM. Smith, announced the decision and called for Congress to regulate the technology during a Washington Post video event on Thursday, June 11. (AP Photo/Alex Brandon)
June 11, 2020 - 12:50 pm
Microsoft has become the third big tech company this week to say it won’t sell its facial recognition software to police, following similar moves by Amazon and IBM. Microsoft's president and chief counsel, Brad Smith, announced the decision and called on Congress to regulate the technology during a...
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FILE - In a Friday, April 24, 2020 file photo, Alexis Garrod, CrossFit Potrero Hill partner and head coach, cleans off weight training equipment in an empty gym, which closed for shelter in place orders over COVID-19 concerns, in San Francisco. Reebok says it has cut ties with CrossFit chief executive and founder invoked George Floyd’s name in a Twitter post chastising a health group for saying that racism was a public health problem. (AP Photo/Jeff Chiu, File)
June 10, 2020 - 12:05 pm
The founder and CEO of CrossFit is stepping down after his tweet about George Floyd sparked a social media backlash and a wave of affiliated gyms cut ties with the company. Reebok also dropped its affiliation with CrossFit this week. Greg Glassman wrote on CrossFit's website late Tuesday that he...
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FILE - In this Nov. 18, 2009, file photo, co-chairman and chief executive officer Andrew Alexander sits onstage at The Second City in Chicago. Alexander said Friday, June 5, 2020, that he is stepping down after a former performer leveled accusations of racism against the comedy institution. Alexander vowed that he will be replaced as the company’s executive producer by a person of color. (AP Photo/Charles Rex Arbogast, File)
June 06, 2020 - 11:55 am
LOS ANGELES (AP) — Andrew Alexander, the CEO and co-owner of famed The Second City improv theater, said he is stepping down after a former performer leveled accusations of racism against the comedy institution. In a lengthy letter posted on the company’s website, Alexander said he “failed to create...
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The Mayor of Vienna Michael Ludwig, center, presses a button to restarts the giant Ferris Wheel to symbolically signal the resumption of tourism in Austria in Vienna, Austria, Friday, May 29, 2020. Amusements are open again in Austria as part of relaxing the restrictions to slow the coronavirus and the COVID-19 disease. (AP Photo/Ronald Zak)
May 29, 2020 - 9:01 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Spain to provide impoverished families minimum...
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This image released by Simon & Schuster shows Jonathan Karp, the newly named CEO of Simon & Schuster. Karp replaces Carolyn Reidy, who died on May 12, (Michael Benabib/Simon & Schuster via AP)
May 28, 2020 - 9:28 am
NEW YORK (AP) — Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces Carolyn Reidy, who died two weeks ago. Karp, who joined the company in 2010, most recently served as president and publisher...
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This photo combo shows from left, Lisa Su, president and CEO of AMD, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, General Motors Chairman and Chief Executive Officer Mary Barra, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)
May 27, 2020 - 9:08 am
The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical...
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FILE - In this May 1, 2019 photo, Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.   (AP Photo/Mark Lennihan, File)
May 27, 2020 - 8:34 am
Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company's stock during her five years as CEO. The median pay for women on the list was $...
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The logo of French carmaker Renault is pictured at the Flins plant of French carmaker Renault in Aubergenville, west of Paris, Monday, May 25, 2020. French President Emmanuel Macron is set to unveil sweeping new measures to rescue France's car industry, hammered by virus lockdown and the resulting recession. The issue is politically sensitive, since France is proud of its auto industry, which employs 400,000 people and is an important part of the country's remaining manufacturing sector. (AP Photo/Christophe Ena)
May 26, 2020 - 8:41 am
PARIS (AP) — French President Emmanuel Macron unveiled Tuesday an 8 billion-euro ($8.8 billion) plan to save the country’s car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes government subsidies for car buyers and longer-term...
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