Bungie CEO Pete Parsons will step down from his role after more than two decades at the studio, he announced. Studio veteran and Destiny 2 general manager Justin Truman will succeed Parsons as the new studio head. “Today marks the right time for a new beginning,” Parsons said in a message. “The future of Bungie will be in the hands …
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Wednesday at East Lake featured a strange, unfamiliar scene: confidence and coherence from PGA Tour leadership. Well, at least after Jay Monahan handed over the microphone to new CEO Brian Rolapp. Nothing groundbreaking or too substantive was unveiled during the press conference, but Rolapp’s comments provided insight into the mindset and priorities of the new PGA Tour CEO as he …
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The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives. Brian Cornell will be replaced next year by , Target’s chief operating officer, the company said on Wednesday. Cornell helped re-energize the company when he became …
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Facebook Tweet Email Link New York — Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI. Cornell’s departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company, but it opted for an internal candidate: …
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Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old chief operating officer and former …
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Welcome to Decoder! This is Casey Newton, founder and editor of Platformer and cohost of the Hard Fork podcast. I’ve had a lot of fun guest-hosting a few episodes of Decoder while Nilay is out on parental leave this summer. If you listened to the last couple of Monday shows, you know I’ve been doing a series with founders who …
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As AI becomes more ubiquitous, the need for the top-tier talent at tech firms becomes even more important—and it’s starting a war among Big Tech, which is simultaneously churning through layoffs and poaching people from each other with eye-popping pay packages. Meta, for example, is dishing out $100 million signing bonuses to woo top OpenAI researchers. Others are scrambling to …
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Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, is unwavering as he reflects on the most radical decision of his decades-long career. In early 2023, convinced that generative AI was an “existential” transformation, Vaughan looked at his team and saw a workforce not fully on board. His ultimate response: He ripped the company down to the studs, replacing nearly 80% of …
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