Prominent U.S. executives from Big Tech to agriculture have been invited to join President Donald Trump on his trip to China this week, according to a White House official. Trump leaves on Tuesday for Beijing to meet with President Xi Jinping. Aside from discussions about Iran, the two leaders are expected to discuss trade and artificial intelligence. Here’s a look at…
Occidental Petroleum’s next chief executive began his career far from the Houston headquarters. On May 1, Occidental announced that COO Richard Jackson will succeed Vicki Hollub as CEO upon her retirement in June. Hollub, who became CEO in 2016, was the first woman to lead a major U.S. oil company, a landmark appointment in an…
Nvidia CEO Jensen Huang has been pushing back against the popular narrative that AI will wipe out huge swaths of the workforce, but he also placed some blame on overly confident CEOs who assume they know everything. In an interview this week with the Special Competitive Studies Project, he said that while people warning about…
Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning cash to investors after a 27-year run. “Over the last few years, it has become increasingly difficult to apply our rigorous bottom-up investment process to rapidly shifting market conditions and an evolving market structure,” Sandler wrote in a letter seen by Bloomberg. “We believe…
Moving to a new city and starting a new job can be one of the most intimidating parts of building a career. You have to make new friends, rebuild your local network, and, in Andy Jassy’s case, find the best spots for buffalo chicken wings. Now the CEO of Amazon, Jassy was just another new…
The $24 billion Dutch bank ABN Amro is cutting a fifth of its workforce over the next three years—so how is its CEO Marguerite Bérard rallying the troops? By sacrificing her long meals and talking over the growing pains with staffers over weekly lunches. “I now take lunch early and at my desk,” Bérard told…