Mr. Walker, who oversaw $7 billion in grants, plans to leave at the end of 2025 after what will have been 12 years.
Category: Appointments and Executive Changes
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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.
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Second Stage Becomes First Broadway Nonprofit in Decades to Name New Leader
The organization, which won this year’s best play revival Tony Award for “Appropriate,” has chosen Evan Cabnet as its next artistic director.
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Lanvin, Oldest French Fashion House, Names a New Designer
Peter Copping will become the artistic director in September.
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Sewell Chan Named Editor of Columbia Journalism Review
He joins after leading The Texas Tribune for three years.