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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 ...

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 ...

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 ...

Stellantis has been under major scrutiny over the past year due to its extremely poor sales performances, with many of its ...

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