#leadership-transition

#leadership-transition

They said they wanted to make a few changes [and] had three of them: 'One, we want to make this person in charge of that.' I said OK, well that didn't make sense to me. The second one, they wanted to put someone in charge of the global investment bank which I was running, I thought it was another stupid decision. And the third they said 'And we want you to resign.'

Revenue $6.40 billion, rising 12% as reported and 11% in constant currency; record for fiscal Q1 performance. GAAP EPS $4.60, growing 11% year over year; Non-GAAP EPS $6.06, growing 19% year over year, both outpacing revenue growth. Operating margins GAAP operating margin of 37.8% and non-GAAP operating margin of 47.4% reported for the quarter.

Randy has built a foundation of capability, of strong trusted homebuilding brands, an entrepreneurial deep local roots culture, and a strong talent bench. There's so much to work with, and now, as part of the Hunt Companies' family, the opportunity to bring deeper resources and processes into play, the promise for sustainable growth is a present reality.

During her tenure, LADWP reinforced electric grid and water system reliability, enhanced coordination during wildfire events, and advanced investments to strengthen resilience amid increasing climate pressures. Quiñones brought steady leadership and engineering expertise to LADWP.

Morrison is no stranger to the restaurant industry, with 36 years of experience at well-known companies such as Pizza Hut and Wingstop. While Jersey Mike's is doing just fine, Morrison wants to keep it that way and has slowly been bringing in people he can trust to keep the company moving in a positive direction, enhancing and optimizing what already exists.

When you take the leap of faith to bring your vision, your idea, to life and start your company, you wear many hats and take on many tasks. You develop the business plan and deck pitch, help build a great product or service offering, create and implement the marketing strategies, make sales, handle customer service and get take-out for everyone during the late nights they're working.

Luxury auctions are about more than speed. They are about trust, positioning and creating real competitive urgency for extraordinary assets. DeCaro has a legacy built on integrity and results. My focus is on strengthening our relationships with sellers and top agents while scaling the platform thoughtfully and globally.

I'm not going to say this is a great thing; this is unforeseen. At the end of the day, leadership is important and leadership comes and goes, but what remains is the players. Our union is strong and always has been strong because of the solidarity of our members, of our players. That is going to continue, and as I've said in the past in different contexts, anybody who underestimates the strength of the MLB Players Association does so at their own peril.

The Oakland Pride Parade and party just declared itself finished, but a new leadership organization immediately sprang up in its place, and the long and the short of it is that Oakland Pride will now be Sunday, August 16. You know that San Francisco always holds its giant SF Pride Weekend festivities at the end of the Pride Month of June, but you may have noticed that other Bay Area municipalities do their own Pride Weekends at different points in the summer.

provide good stewardship.

"When the supply chain crashed [during the pandemic] and our build times significantly extended, it was very difficult to sell a built-to-order home to a buyer when it was going to take 10 or 11 months to build... You can't lock the interest rate for that long," Mezger tells . So they did more spec. That's over now. "We've significantly compressed our build times... We're back down to four months or less, which is our historical level," Mezger tells ResiClub.

Michael Palmer, CEO of McConnell's Fine Ice Creams, didn't plan to take over one of California's most beloved ice cream brands. After years of flying around the country running branding programs for major companies, Palmer was already questioning what the next chapter of his career might look like. Then, out of nowhere, his house burned down in a massive wildfire near Santa Barbara.

All after two years of transformation at The Washington Post, now is the right time for me to step aside, Lewis wrote in an untitled email to Post staffers obtained by the Guardian. I want to thank Jeff Bezos for his support and leadership throughout my tenure as CEO and Publisher. The institution could not have a better owner. Lewis then addressed some of the criticism that the Post has received in recent days, including from many current employees.

This move represents an exciting next chapter for me, Ellison told HousingWire. John R. Wood has a culture rooted in integrity, market expertise and people-first leadership, and I'm energized by the opportunity to help support and grow the next generation of leaders within the organization. In a post on her website ConsultWithAME on Wednesday, Ellison said the decision to move to John R. Wood came after feeling a steady pull toward what's next, over the past year.

Executive team roles come with high expectations-and often minimal onboarding.

Deepinder Goyal, the co-founder and CEO of food delivery service Zomato and its parent Eternal, is stepping down from his role and handing the top job to Albinder Dhindsa, the CEO of its quick-commerce division Blinkit. Goyal on Wednesday said he would remain on Eternal's board as vice chairman as he shifts focus to "higher-risk exploration and experimentation," which he says may be harder to pursue within the constraints of a listed company.

My vision for ONE Sotheby's International Realty has always been to create a company defined by integrity, excellence and a culture where our agents can truly thrive, Mayi de la Vega said. Daniel has been integral to that foundation from day one. His leadership, discipline and deep understanding of our business have shaped our growth and strengthened our culture, and there is truly no one better equipped to guide us into our next era.

Tuminez, 61, said in an interview that the decision to step down had been building for some time. There's never a good time, she said. I love UVU so much. The choice, she explained, came with a mix of grief and relief. It is a swirl of emotion.

Though stepping back from day-to-day leadership, Ketchum will remain involved as a part-time adviser, supporting the company's growth with a focus on non-QM lending. I am incredibly proud of what we have built together, Ketchum said in regard to Folk's promotion. Kind has always been special because of the people, and I am excited to continue supporting the non-QM business in this next chapter.

Glenn Kelman announced on January 13, 2026, that he is stepping down as CEO of Redfin after leading the company for 20 years. His departure follows the $1.75 billion acquisition of Redfin by Rocket Companies, which was finalized in July 2025. Kelman's last official day in the office is Friday, January 16, 2026. Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition.

According to Kelman, he made the decision to leave ahead of his firm's second phase of integration with Rocket Companies. We'll start the second, much-longer phase at next week's all-company meeting, which is much-greater scale. Approaching that, I had to decide whether to be at Rocket for years, he wrote. While Redfin was founded in 2004, Kelman came on board shortly thereafter in September of 2005 to serve as CEO.

That urgency comes after several challenging years for the company. Target has faced declining sales, shrinking traffic, and a loss of market share to competitors, compounded by backlash tied to several controversial business decisions. Among them were changes to its DEI initiatives, which sparked consumer boycotts and ultimately led to a class-action lawsuit filed by its own shareholders in 2025.

Craig's expertise and strong track record of growth make him exceptionally well suited to guide Ascribe through its next phase of growth, Nice said. His operational expertise and deep understanding of technology-enabled services will serve our clients and partners by further raising the bar for accuracy, compliance, and efficiency.

He's staying with Sucker Punch through April 2026 to help with the transition efforts, and after that he said he plans to travel. He's also going to spend the time trying to "sort out which opportunities" he wants to pursue next. Fleming said he's considering a lot of different options for the future, including staying in games, moving to the wider technology space, getting into the "entertainment" business, and even working in the "advocacy/politics" areas.

The Los Angeles Kings' 2025-26 season is shaping up to be run-of-the-mill. The team has amassed 39 points in 34 games played. While the number doesn't seem too shabby three months in, the Kings could use plenty of improvement in certain areas. Their messy style of play consists of mistakes that cost the team games they should be winning. Additionally, they could use more chemistry and grittiness in their forward group. Let's take a deeper look at where they have struggled this season.

Apple AI chief John Giannandrea is stepping down from his position, according to an announcement on Monday. The change comes as Apple struggles to get the launch of its AI-powered Siri back on track after delaying its launch earlier this year. Now, Apple is appointing Amar Subramanya as its vice president of AI. Subramanya spent more than a decade at Google before joining Microsoft as the corporate VP of AI in July. He'll oversee the development of Apple's AI models, machine learning research, and AI safety and evaluation.