Executive changes

Daimler CEO Dieter Zetsche, left, and incoming Daimler CEO Ola Kaellenius, right, pose prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany, Wednesday, May 22, 2019. (AP Photo/Michael Sohn)
May 22, 2019 - 1:44 am
FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm as the company faces challenges from the transition to electric cars and digital transportation technologies. Zetsche received prolonged applause from shareholders at the company's annual...
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May 10, 2019 - 7:32 am
NEW YORK (AP) — An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year. The U.S. pulled the trigger on higher tariffs on $200 billion worth of Chinese goods even as both sides...
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FILE - In this Jan. 14, 2016, photo, cars drive into the MGM Grand hotel and casino in Las Vegas. Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday, April 29, 2019, include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. (AP Photo/John Locher, File)
April 30, 2019 - 11:08 am
LAS VEGAS (AP) — Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. Chief Financial Officer Corey Sanders says...
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FILE - In this May 4, 2018, file photo, handguns are on display at the NRA convention in Dallas. The National Rifle Association is gathering for its 148th annual meeting beginning Thursday, April 25, 2019, in Indianapolis. (AP Photo/Sue Ogrocki, File)
April 24, 2019 - 2:37 pm
The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers...
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FILE - In this Sept. 5, 2014, file photo, H.J. Heinz Company CEO Bernardo Hees speaks at the preview for the opening of the H.J Heinz Co. exhibition at the Senator John Heinz History Center in Pittsburgh. Kraft Heinz says CEO Bernardo Hees will step down from the post and be succeeded by Miguel Patricio in July 2019. Patricio worked in various roles at Anheuser-Busch InBev over 20 years, including serving as chief marketing officer. (AP Photo/Keith Srakocic, File)
April 22, 2019 - 6:43 am
PITTSBURGH (AP) — Kraft Heinz says CEO Bernardo Hees will step down from the post and be succeeded by Miguel Patricio in July. Patricio worked in various roles at Anheuser-Busch InBev over 20 years, including serving as chief marketing officer. He's also worked at companies including Philip Morris...
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In this undated photo provided by Best Buy, the company's chief financial and strategic transformation officer, Corie Barry, poses for a portrait. Best Buy announced that Barry, 43, will become the company's CEO effective June 11, taking over from current CEO Hubert Joly, who will become executive chairman of the board after stepping down. (Best Buy via AP)
April 15, 2019 - 10:46 am
NEW YORK (AP) — The executive credited with reviving a struggling Best Buy is stepping aside. Hubert Joly, 59, is handing leadership of the reinvigorated electronics retailer to longtime executive Corie Barry, 43, as part of the company's succession plan effective June 11. Barry, who is currently...
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Merdian Agustin family of a victim of the Lion Air jet that crashed into the Java Sea talks to journalists during a press conference in Jakarta, Monday, April 8, 2019. More families of victims of the Lion Air crash in Indonesia are suing Boeing Co. after its chief executive apologized last week and said a software update for the MAX 8 jet would prevent further disasters. (AP Photo/Achmad Ibrahim)
April 08, 2019 - 6:38 am
JAKARTA, Indonesia (AP) — More families of victims of the Lion Air crash in Indonesia are suing Boeing Co. after its chief executive apologized and said a software update for the MAX 8 jet would prevent further disasters. Family members and lawyers said Monday that CEO Dennis Muilenburg's comment...
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FILE - In this July 5, 2018 file photo, Cho Yang-ho, the chairman of Korean Air Lines Co., arrives for hearing to review the prosecution's request for an arrest warrant on charge of embezzlement at the Seoul Southern District Court in Seoul, South Korea. Korean Air says on Monday, April 8, 2019, its chairman, Cho Yang-ho, has died in the United States because of an unspecified illness. (AP Photo/Ahn Young-joon, File)
April 08, 2019 - 6:31 am
SEOUL, South Korea (AP) — Korean Air's chairman, whose leadership included scandals such as his daughter's infamous incident of "nut rage," has died due to illness, the company said Monday. Cho Yang-ho had been indicted on multiple charges, including embezzlement and tax evasion, and his death came...
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In this photo released by Nissan Motor Co., Nissan Chief Executive Hiroto Saikawa, center, speaks at the company's shareholders' meeting in Tokyo Monday, April 8, 2019. Nissan shareholders approved on Monday the ouster from the Japanese automaker's board former Chairman Carlos Ghosn, who faces allegations of financial misconduct. (Nissan Motor Co. via AP)
April 08, 2019 - 3:31 am
TOKYO (AP) — Nissan's shareholders ousted the automaker's former chairman Carlos Ghosn from its board on Monday, seeking to shut the door on an era capped by scandal. More than 4,000 people gathered at a Tokyo hotel for a three-hour extraordinary shareholders' meeting and signaled their approval...
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FILE - In this May 12, 2016, file photo, then Nissan Motor Co. President and CEO Carlos Ghosn arrives for a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo. At left is Nissan Chief Executive Hiroto Saikawa. Nissan Chief Executive Saikawa has apologized to shareholders for the unfolding scandal at the Japanese automaker and asked for their approval to oust from the board former Chairman Ghosn, who has been arrested on financial misconduct charges. Saikawa and other Nissan Motor Co. executives bowed deeply at a Tokyo hotel Monday, April 8, 2019, where the extraordinary shareholders' meeting was being held.(AP Photo/Eugene Hoshiko, File)
April 07, 2019 - 9:22 pm
TOKYO (AP) — The Latest on Nissan Motor Co. and its former chairman, Carlos Ghosn (all times local): 1:20 p.m. Shareholders of Nissan Motor Co. have approved removing its former chairman, Carlos Ghosn, from its board. The approval Monday was shown by applause from the more than 4,000 people...
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