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‘CEO’ Stories

Intel appoints COO Brian Krzanich as CEO

, May 2nd 2013 Discuss [0]

After Intel CEO Paul Otellini announced his resignation back in November, the company began the search for someone to take the veteran's place, and they have decided to go with Intel's COO Brian Krzanich, with Renée James to become the Board of Director's new president. Both will begin their new roles on May 16. Read The Full Story

Mark Zuckerberg claims salary and bonus pay reduced to minimum

, Apr 28th 2013 Discuss [0]

In a recent SEC filing, it was discovered that Facebook's CEO Mark Zuckerberg will only be taking a $1 salary this year. He will also be rejecting any potential bonuses he may receive this year as well. While the SEC filing confirms that he will only be making a dollar this year, Zuckerberg first revealed he would be taking a dollar salary in Facebook's IPO filing. Read The Full Story

Activision CEO Robert Kotick named one of the top paid CEOs in U.S. [Update]

, Apr 27th 2013 Discuss [0]

Robert Kotick, who is currently the CEO of Activision Blizzard, and who was also the director/CEO of Activision from February 1991 to July 2008, has been named one of the top paid CEOs in the United States. Kotick 's compensation increased to $64.9 million in 2012. In a recent regulatory filing discovered by Reuters, a majority of Kotick's huge compensation comes from stock rewards totaling $55,915,738. Read The Full Story

Mozilla CEO Gary Kovacs stepping down later this year

, Apr 10th 2013 Discuss [0]

After stepping on board as CEO of Mozilla in 2010, Greg Kovacs is stepping down from the position at some point later this year. The company announced the news today, but a solid date for Kovacs departure wasn't disclosed. However, Kovacs will remain with Mozilla as a member of the company's board of directors. Read The Full Story

Square Enix CEO Yoichi Wada steps down due to financial troubles

, Mar 26th 2013 Discuss [0]

Just several days after Electronic Arts CEO John Riccitiello resigned, Square Enix CEO Yoichi Wada is also making the move. Square Enix announced today that Wada will be stepping down due to "a management reorganization." However, the company also noted that they're expecting a big loss in its next financial statement. Read The Full Story

Amazon CEO Jeff Bezos recovers Apollo 11 rockets from the ocean

, Mar 20th 2013 Discuss [0]

Last year, Amazon CEO Jeff Bezos announced that he would be hiring a team of explorers to locate the remains of the Apollo 11 rocket and recover them from the ocean floor. Almost an exact year later, Bezos has announced that the Apollo 11 rockets have indeed been recovered and are in the process of making their way back to land where they'll be put on display. Read The Full Story

Electronic Arts CEO John Riccitiello resigns

, Mar 18th 2013 Discuss [0]

In what may seem like a surprising move (or maybe not, considering the circumstances), Electronic Arts CEO John Riccitiello will be stepping down from the big wig position, as well as giving up his position as a member of the Board of Directors. The resignation will go into effect March 30, and Larry Probst will assume acting CEO until the company finds a replacement. Read The Full Story

Mark Zuckerberg rated top CEO based on employee survey

, Mar 15th 2013 Discuss [0]

Career website Glassdoor has posted up its 2013 list of the 50 highest-rated CEOs, and Facebook big wig Mark Zuckerberg has topped the list, with a 99% approval rating from employees, which is up from an 85% approval rating last year. However, Apple CEO Tim Cook fell from the number one spot last year to 18th this year, with an approval rating of 93%, down from 97% last year. Read The Full Story

Government orders Tim Cook to testify in price-fixing lawsuit

, Mar 13th 2013 Discuss [0]

Apple CEO Tim Cook will be required to testify for 4 hours on the eBook price-fixing scandal the company was accused of. Apple is the last company, out of 6, to be testifying in this case. The other companies, which include Hachette, HarperCollins, Simon & Schuster, Penguin, and Macmillan have all reached a settlement with the Department of Justice. The companies had to terminate their agreements with Apple and other retailers, and follow a list of guidelines administered by the DoJ to ensure this issue would never happen again. Read The Full Story

Dropbox CEO slams Apple’s iCloud over closed ecosystem

, Mar 4th 2013 Discuss [0]

Dropbox CEO Drew Houston made an appearance at Mobile World Congress last week to talk about cloud storage, and he ended up discussing the various cloud services that manufacturers have been offering, saying that all of these exclusive cloud services lock users into using the service on just a small number of devices, usually those that are from the same company offering the cloud storage. Read The Full Story

Dropbox CEO: 1 billion files uploaded every day

, Feb 27th 2013 Discuss [0]

During a speech today at Mobile World Congress in Barcelona, Dropbox CEO Drew Houston said that over 1 billion files are being uploaded to the cloud storage service every day. The CEO also said that its 100 million users are accessing their Dropbox accounts on a combined 500 million mobile devices. The company expects to reach 150 million users by the end of the year. Read The Full Story

State of the Union includes “making Macs in America” mention

, Feb 13th 2013 Discuss [0]

This year's State of the Union address included no less than a shout out by President Obama to Apple for bringing manufacturing jobs back to the USA. In addition to speaking about several other big companies that will be doing similar things in the near future, Obama noted the positive influence Apple's move will have on the United States. Apple CEO Tim Cook sat in the First Lady's box for the speech, a traditional area in which guests mentioned in the address are invited to sit. Read The Full Story
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