Tag Archives: executives

Three Takata executives indicted over exploding airbags

Here’s what a Takata airbag explosion looks like Three former executives of Japanese airbag maker Takata were indicted over the company’s exploding airbags Friday. In addition, the company pleaded guilty to corporate criminal charges and agreed to pay a $ 1 billion fine, the Justice Department said. Let’s block ads! (Why?) Latest financial news – CNNMoney.com

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Intel executives depart company as mobile, IoT segments struggle for growth

Intel suffers turnover like any company, but its upper echelons aren’t known for being a revolving door. That’s changed in recent weeks with the (unconfirmed) departure of Aicha Evans, who joined the company in July to head its mobile semiconductor division. Now, longtime veterans Kirk Skaugen and Doug Davis are both leaving as well. Skaugen was a senior vice president and general manager of Intel’s client group, while Davis is a senior VP and general manager of the Internet of Things division. Skaugen is leaving immediately, while Davis has pledged ...

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Report: Volkswagen executives may have known about cheating scandal for years

Share This article Ever since Volkswagen acknowledged that it used defeat devices to cheat on EPA and EU diesel emissions testing, the company has maintained that this critical decision was made by a rogue engineer, or perhaps some middle-level managers. This has never been particularly convincing, given VW’s autocratic and closely managed culture. Now, new evidence may blow the claim up altogether. According to the New York Times, new documents procured by the paper show that VW executives, including ex-CEO Martin Winterkorn, were aware by May 2014 that regulators could ...

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Top Twitter executives to leave company, CEO Dorsey tweets

The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert Galbraith Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company’s growth. Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter, and HR head Brian “Skip” Schipper will all leave the company, he said. Addressing what he called inaccurate press rumors, Dorsey ...

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