So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — ...

Management expects this leveraging of scale to deliver further cost reductions. Simplifying vehicle architecture and reducing the number of parts needed, insourcing services at lower costs, and ...

Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...

Intel CEO Pat Gelsinger has retired effective December 1 and has also stepped down from the Board of Directors.

To steer the company during the transition, Stellantis has established an Interim Executive Committee (IEC) chaired by Elkann ...

Carlos Tavares abruptly stepped down from his position as CEO of Stellantis on Sunday after facing scathing criticism of how he handled the company. Meanwhile, Stellantis shares go southward.

The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday ...

The S&P 500 and Nasdaq Composite both closed at new records on Monday. The broad market benchmark added 0.24% to settle at ...

Federal subsidies can’t save the leaders of Intel and Stellantis.

Intel announced Monday the retirement of CEO Pat Gelsinger and named Executive Vice President and CFO David Zinsner and CEO of Intel Products Michelle Johnston Holthaus as interim co-CEOs. Gelsinger ...

Company officials say a board committee is leading the search for a new CEO, and that the search is expected to be completed within the first half of 2025.

Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...