Business

British Airways-owner switches pilot as CEO quits

Global airline titan IAG on Thursday said its chief executive Willie Walsh had quit, after a long stint that saw him oversee the group's creation and rapid expansion, and would be replaced by Luis Gallego, head of Spanish ...

Business

Uber, Postmates sue to challenge California's new labor law

Ride-share company Uber and on-demand meal delivery service Postmates sued Monday to block a broad new California law aimed at giving wage and benefit protections to people who work as independent contractors.

Automotive

Nissan's No.3 to quit in blow to revival efforts

The senior executive in charge of plans to revive crisis-hit Nissan has decided to quit just weeks after taking the job, sending the carmaker's stock plunging more than three percent on Wednesday.

Business

New Boeing CEO is corporate veteran who will be tested

Throughout a storied career in corporate America, David Calhoun has risen through the ranks at General Electric, taken Nielsen Holdings public and helped manage private equity giant Blackstone.

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Chief executive officer

A chief executive officer (CEO) or chief executive is one of the highest-ranking corporate officers (executives) or administrators in charge of total management. An individual selected as president and CEO of a corporation, company, organization, or agency, reports to the board of directors. In internal communication and press releases, many companies capitalize the term and those of other high positions, even when they are not proper nouns.

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