John Eliot Gardiner is stepping down from three renowned period groups he founded, after he was accused of hitting a singer last year.
Category: Appointments and Executive Changes
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The Fashion Industry Is Having a Meltdown Amid Rampant Gossip
Between designer-less brands and rampant gossip, fashion is having a meltdown. And it’s not because of the heat.
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G.M. Will Restart Cruise Taxi Service
General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
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Darren Walker, Who Reoriented the Ford Foundation, to Step Down
Mr. Walker, who oversaw $7 billion in grants, plans to leave at the end of 2025 after what will have been 12 years.
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Executives Depart Cassava, Maker of Disputed Alzheimer’s Drug
The chief executive and a lead scientist stepped down weeks after a federal grand jury filed fraud charges against a research collaborator.
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Burberry Replaces C.E.O. Amid ‘Disappointing’ Results
The British luxury group appointed Joshua Schulman to replace Jonathan Akeroyd, and said it expected earnings to suffer as an industry downturn deepens.
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How the ‘Glass Cliff Effect’ Sets Women Up for Failure
The term, which traces to 2005, describes a phenomenon where companies appoint women to leadership roles in moments of crisis, which can set them up for failure.
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New York Philharmonic Chief Abruptly Steps Down
Gary Ginstling, the orchestra’s president and chief executive, is leaving after just a year on the job.
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Music Catalog Giant Hipgnosis Is Sold, and Merck Mercuriadis Exits
The company, whose pricey acquisitions kicked off a rush on catalog sales, sold its assets to Blackstone for $1.6 billion, and its outspoken leader will step down.
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Rachel Reeves, Britain’s First Female Chancellor, Turns to Janet Yellen for Inspiration
Rachel Reeves, who will oversee Britain’s budget, is expected to pursue an agenda influenced by Janet Yellen’s more activist approach to job-creation and investment in the United States.
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USA Today Editor in Chief Terence Samuel Is Stepping Down
Terence Samuel, a veteran journalist, had been in the role for a year.