New Jersey CEO pleads guilty to $212 million investor fraud scheme tied to healthcare company
NEWARK, N.J. – The former CEO of a publicly traded healthcare services firm pleaded guilty to conspiracy to commit securities fraud in a scheme that defrauded investors out of hundreds of millions…
Medical Imaging Companies CEO Sentenced to 5 Years in Prison for $250 Million Health Care Fraud Run Via State Workers’ Comp System
SAN DIEGO – The CEO of several Southern California-based medical imaging companies was sentenced today to 60 months in federal prison for running a scheme that submitted more than $250 million…
Home Depot picks veteran Ted Decker as new CEO
-Home Depot Inc on Thursday named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as chairman. Decker, who has been…
U.S. SEC proposes asking companies to say why CEO pay and performance often don’t match up
By Katanga Johnson WASHINGTON – Public companies in the United States would be required to disclose how the pay of their top executives squares with their overall performance under a Securities and…
Drugmaker Galapagos names former J&J exec Paul Stoffels as CEO
– Belgian drugmaker Galapagos NV on Wednesday named former Johnson & Johnson senior executive Paul Stoffels as its chief executive officer, effective April 1. Stoffels was the chief scientific officer of Johnson…
Synergy CEO says Restaurants not facing worker shortage, but wage shortage
Last year, we experienced The Great Resignation, which hit the hospitality industry especially hard. In November 2021, a record 4.5 million Americans quit their jobs — and 1 million of those were restaurant and hospitality…
CEO of Deutsche Bank’s DWS received racist threat letter -DWS spokesperson
By Tom Sims and Frank Siebelt FRANKFURT – The chief executive of Deutsche Bank’s fund unit DWS, Asoka Woehrmann, has received threatening letters in recent months, including one in December with red…
Morgan Stanley CEO Gorman says successor would benefit from global experience
NEW YORK -Morgan Stanley’s Chief Executive James Gorman believes his successor would benefit from global experience as well as strong “core values”, he said in an interview with Reuters Breakingviews. Gorman, 63,…
Boulben withdraws from race for Orange CEO post, le Figaro reports
PARIS – Verizon Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head the French telecom firm, Le Figaro reported on Saturday. Sources told…
Greek stock exchange board picks Kontopoulos as new CEO
ATHENS – The board of Hellenic Exchanges, the operator of Greece’s stock and equity derivatives markets, picked Yiannos Kontopoulos as its new chief executive to replace outgoing CEO Socrates Lzaridis, the group…
Rita’s Italian Ice CEO goes Undercover Boss in Toms River
TOMS RIVER, NJ – Toms River will once again be the location for a hit television show as Rita’s Italian Ice CEO goes undercover. The area is famous for being featured on…
Former CEO of recycling firm sentenced to second prison term for tax fraud
Seattle – The former owner and co-CEO of an electronics recycling firm was sentenced today in U.S. District Court in Seattle to 6 months in prison for tax fraud, announced U.S. Attorney…
Apple CEO Tim Cook Made Nearly $100 Million In 2021
Harry Wilmerding on January 7, 2022 Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC filings published Thursday. SEC filings show that Cook took…
Moderna CEO says you’re going to need a fourth vaccination next fall and more after that
Guess what? If you’ve been fully vaccinated and boosted with Moderna’s mRNA COVID-19 vaccine, you’re not done yet, according to company CEO Stephane Bancel. Bancel announced this week that those vaccinated with…
CEO of Shreveport Federal Credit Union Pleads Guilty to Charges in Federal Court
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has pleaded guilty before United States District Judge Elizabeth E. Foote to making and using…
Liberal Daily Show host Trevor Noah claims Moderna CEO Stephane Bancel pushing vaccines for monetary gain
Trevor Noah, host of Comedy Central’s “The Daily Show” has raised more than a few eyebrows after slamming Moderna CEO Stephane Bancel, claiming Bancel is pushing COVID-19 vaccines simply to enhance his…
CEO of Private Jet Charter Company Convicted of Bankruptcy Fraud
ALEXANDRIA, Va. – A federal judge convicted a Reston businessman yesterday on a series of fraud charges relating to a bankruptcy case in which he discharged over $6 million in personal debt.…
Instagram Rolls Out Teen Safety Features One Day Before CEO Will Testify In Congress
Instagram unveiled a host of child safety measures and parental controls for its app just one day before chief executive Adam Mosseri is due to testify in Congress. “At Instagram, we’ve been…
Former Owner and CEO of Pharmaceutical Company Charged with Embezzlement
NEWARK, N.J. – The former chief executive officer and owner of a pharmaceutical company was arrested this morning for embezzling millions of dollars from the company, Acting U.S. Attorney Rachael A. Honig…
CEO Fires More Than 900 Employees On Video Conference
The chief executive of a New York City-based mortgage company laid off 900 employees Wednesday over a video conference call, multiple sources reported. Vishal Garg, founder of Better.com, told hundreds of his…
Nonprofit CEO Pleads Guilty to Wire Fraud in Relation to Covid-19 Loan Fraud
Greenbelt, Maryland – Brandon Fitzgerald-Holley, age 32, of Suitland, Maryland, pleaded guilty today to wire fraud in relation to COVID-19 loan fraud. The guilty plea was announced by United States Attorney for…
CEO Of Purported Global Biomedical Company Charged With Stealing Over $1 Million Of Victim’s Money Through False Promises Of Investment Opportunities
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky J. Patel, the Acting Special Agent-in-Charge of the New York Field Office of the Department of Homeland…
Twitter Expands Its Bans Day After It Names New CEO
Twitter is expanding the list of content banned from its platform, and it will no longer allow users to share the “private media” of individuals without their consent. The social media company…
Republicans Warn Of ‘Censorship’ From ‘Radical’ New Twitter CEO Parag Agrawal
Republican lawmakers are raising concerns that Twitter’s new Chief Executive Parag Agrawal may threaten conservative political speech on the social media platform. Agrawal, Twitter’s former chief technology officer who was announced as…
Jack Dorsey To Step Down As Twitter CEO
Twitter chief executive Jack Dorsey will step down from his position leading the social media company. Twitter announced the transition, which CNBC first reported, in a press release Monday, confirming that Parag…
Christmas CEO is newest Hallmark Countdown to Christmas movie
Build-A-Bear Entertainment today announced the premiere date of its newest film, Christmas CEO, which is part of Hallmark Channel’s annual “Countdown to Christmas” programming event. The film premieres in a prime slot the…
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