The latest from the frontlines of the world’s fastest growing companies and the teams doing the work.

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Lasse Pilgaard’s meteoric rise is nothing short of astonishing. This March, barely eight years after the 31-year-old Dane completed his M.Sc. in Economics from the University of Aarhus, Pilgaard was promoted to CFO of TDC, Denmark’s largest telecommunications company with more than 8,000 staff.

Lasse Pilgaard, CFO of TDC (Photo by Peter Stanners)

Lasse Pilgaard, CFO of TDC

How a 31-year-old became the CFO of Denmark’s biggest telco

New York-based fashion brand Nicole Miller announced that Nicole Miller will take over as CEO of the company after Bud Konheim, the previous CEO, passed away last week. Miller, who previously served as President and Head Designer, will continue to personally oversee the development and expansion of the NICOLE MILLER brand as well as the design and showing of the Nicole Miller Collection at New York Fashion Week and other venues.

Nicole Miller

Nicole Miller becomes CEO of Nicole Miller

Every week we bring you an overview of the most important executive changes from the past week. This week, JP Morgan Chase named a new CFO and moved Marianne Lake, the previous CFO, into a more operational role. The change has been interpreted by some as a move that could position her to be the next CEO of JP Morgan Chase when Jamie Dimon retires. Read more about this and other notable executive changes.

People On The Move

People on the move: JP Morgan Chase, Google Cloud, Flexport, and more!

PepsiCo has announced that Steven Williams, currently senior vice president and chief commercial officer for Frito-Lay's U.S. operations, has been appointed to the role of chief executive officer of PepsiCo Foods North America, which includes Frito-Lay North America and Quaker Foods North America.

Steven Williams

Steven Williams appointed CEO of PepsiCo Foods North America

Wells Fargo has announced today that Timothy J. Sloan will step down as CEO, president, and Board member effective immediately. Sloan has served as CEO since October 2016 when it was discovered that the bank improperly opened 1.5 million deposit accounts and over 500,000 credit-card accounts.

Timothy Sloan

Tim Sloan steps down as CEO of Wells Fargo

Fannie Mae, the largest provider of liquidity to the U.S. housing market, today announced that it has appointed Hugh R. Frater as Chief Executive Officer effective March 26. Frater served as Fannie Mae's Interim CEO since October 16, 2018 and on Fannie Mae's Board since 2016.

Fannie Mae

Hugh R. Frater announced as permanent CEO of Fannie Mae

Kevin Tsujihara announced that he will be stepping down as CEO & Chairman of Warner Bros. Entertainment. The decision follows an an exposé in the Hollywood Reporter, which described text messages between the executive and Charlotte Kirk revealing that Tsujihara would push for auditions for the actress amid an apparent sexual relationship that he was having with her.

Warner Bros

Kevin Tsujihara to step down as CEO of Warner Bros.

3M today announced the realignment of the company from five to four business segments. As part of the reorganization, James Bauman, executive vice president, Industrial Business Group, and Joaquin Delgado, executive vice president, Consumer Business Group, have announced their intention to retire.

3M Center

3M reorganizes and loses two key executives

Plantronics announced that Charles Boynton will join the company as Chief Financial Officer on March 8, 2019. Most recently, Boynton held the position of executive vice president and chief financial officer for SunPower Corporation. Boynton succeeds Pam Strayer, who will shift into an advisory role through the end of May.

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Charles Boynton appointed Chief Financial Officer at Plantronics

L. Kevin Cox will join General Electric as Senior Vice President and Chief Human Resources Officer, effective February 25, 2019. Cox was previously Chief Human Resources Officer at American Express where and the primary architect of the company's human capital plan.

General Electric

L. Kevin Cox leaves American Express to join GE as Chief Human Resources Officer

David Bronczek has resigned as President and Chief Operating Officer of FedEx due to personal reasons. Bronczek, 64, was widely seen as next in line to take over from Fred Smith, 74, who is currently serving as CEO. 

FedEx

FedEx COO Resigns in Surprise Move

Bob Swan appointed permanent CEO at Intel, Meg Whitman departs Hewlett Packard Enterprise as Board Member, and Lara Sweet joins Snap as Interim CFO.

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People on the move: Bob Swan appointed permanent CEO at Intel; and more!

Calls for Mark Zuckerberg to relinquish his dual role as CEO and Chairman have intensified following an article in The New York Times about how Facebook tried to cover up the Russian meddling in the 2016 Presidential election. This follows a string of executive departures related to Facebook’s use of personal data.

Facebook

Will Mark Zuckerberg Step Down as Facebook Chairman?

Explore Airbnb's org chart and meet the top employees at the innovative travel company. Airbnb has been undergoing an executive reshuffle since Laurence Tosi (Chief Financial Officer) left the company in February and Belinda Johnson was named the company’s new Chief Operating Officer. Airbnb is gearing up for an IPO in 2019 and needs an experienced executive team to manage the transition to a public company.

Travel

The Top People at Airbnb

Meet the people behind the Top 10 startup teams in Denmark including a special shout out to a Rockstar employee from the company’s leadership!

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The Top 10 Startup Teams in Denmark 2019

Mark Zuckerberg just reorganized his entire leadership team to bring Facebook’s family of apps (Instagram, Whatsapp, Messenger, and Facebook) closer together and to refocus on growth.

Facebook's updated org chart crowdsourced from the people that work there

Meet the people behind the world’s most innovative travel company. This is a follow up to The Information’s article about “The People Who Matter at Airbnb” which only included 76 people. Our mission is to recognize ALL the people behind the world’s most innovative companies.

The People Who Matter at Airbnb

Vivino, which raised a $25 million Series B in January 2016, has been building out its top management team to transition the company from a wine scanning app into a wine marketplace. With over 28 million users and 85 million wine reviews, Vivino is well positioned to become a major player in wine ecommerce by taking the uncertainty out of buying wine.