Hedge fund Elliott Management has asked Arconic's board to investigate if Norbert Essing had a role in crafting or publicizing the letter former Arconic CEO Klaus Kleinfeld sent to Paul Singer.
Anyone who has worn Apple's futuristic wireless earbuds, AirPods, gets the same question: What happens when one falls out and you can't retrieve it? That's exactly what happened to Paul Canetti, founder and CEO of MAZ, a company that...Show More Summary
In 1982, Paul Newman added a second job to his storied acting career when he launched his own food company Newman’s Own. What made the company unique was its audacious giving pledge: the company donates 100% of its profits to charity. Newman’s...Show More Summary
What was the activist hedge fund manager doing with a feathered headdress in Berlin 10 years ago?
'The Launch' will be showrun by 'MasterChef' exec producer Paul Franklin and co-produced with Canada's Bell Media. read more
Three days ago Arconic's CEO Klaus Kleinfeld was fired unceremoniously for "showing poor judgment," in a letter sent to Paul Singer, founder of hedge fund Elliott Management. Elliott has just released the letter and its response which claims Kleinfeld made "veiled suggestions that he might intimidate or extort Mr. Show More Summary
Klaus Kleinfeld stepped down on Monday as CEO of Arconic after the company’s board of directors discovered heused "poor judgment" by sending a letter to a senior officer of hedge fund Elliott Management without consultation or authorization by Arconic’s board.
U.S. specialty metals maker Arconic Inc's chief executive, Klaus Kleinfeld, has resigned, following attempts by activist hedge fund Elliott Management to overthrow the company's directors and top executives. Arconic said Kleinfeld stepped...Show More Summary
Paul Singer, whose Elliott Management has been waging a proxy fight with Alcoa spinoff Arconic, demanding CEO replacement, just achieved a key victory when moments ago the company announced that CEO Klaus Kleinfed has stepped down. According...Show More Summary
Kate Bush's camp quickly shut down rumors that she was passed on for this year's Coachella by Goldenvoice CEO Paul Tollett; rumors which arose from a a New Yorker feature going behind the scenes of the massive California festival. While Bush was adamant that she never had any intentions to play a festival, Coachella or…
Paul Tollett, the CEO of Coachella promoter Goldenvoice, has responded to a recent New Yorker feature that suggested the festival passed on attempting to book Kate Bush for what would have been her first-ever American show. “Even going...Show More Summary
There are a ton of fascinating tidbits in a recent New Yorker profile of Coachella CEO Paul Tollett, and probably the most fascinating of all of them revolves around Kate Bush. Three years ago, Bush played a short residency in London, and those were her first live shows in 35 years. It didn't seem like…
In a recent New Yorker feature, Goldenvoice CEO Paul Tollett appeared to suggest Coachella had passed on booking Kate Bush for her first ever North American show. Marc Geiger, the head of music at the agency William Morris Endeavour,...Show More Summary
A new feature in The New Yorker contains a fascinating glimpse behind the scenes of the inner workings of Coachella, detailing the past, present, and future of the festival, promoter Goldenvoice, and Goldenvoice CEO Paul Tollett. Tollett...Show More Summary
The New Yorker recently published a feature about the behind-the-scenes workings of Coachella with a particular focus on Paul Tollett, who serves as both the festival's and Goldenvoice's CEO. There are a ton of interesting tidbits in the article, but one of the most interesting (as Pitchfork points out) comes courtesy of talent agency William…
Things are going well for Krablr, the crab pricing messaging app for millennials. Yet now that the app has managed to attract millions of crab lovers the company faces more scrutiny. That’s why Krablr CEO Paul Paulson Black III just released the company’s first ever diversity report detailing the demographics of its employees. Read More
Summary: An Arby’s venison sandwich might strike you as disgusting, but it’s also a stroke of genius. Arby’s CEO Paul Brown has come up with menu innovations like that to drive growth at the once-downtrodden fast food chain. When the financial crisis hit, Arby’s suffered badly. Sales and margins shrank for three straight years...
Yesterday during Carnegie Mellon Energy Week, Mitsubishi Hitachi Power Systems (MHPS) Americas President & CEO Paul Browning unveiled the initial results of a new Carnegie Mellon University (CMU) index measuring carbon dioxide emissions from the U.S. Show More Summary
The Los Angeles Museum of the Holocaust announced a new executive team with interim director Beth Kean promoted to executive director, and board member Paul Nussbaum bumped up to board president and CEO. Both are descendants of Holocaust survivors. Nussbaum says the team’s first order of business...
Coming from GameStop CEO Paul Raines... "Purchase intent for Switch and Scorpio is at PS4 levels or higher. Just a note on the Switch launch: We have had a very successful launch so far, with high attach rates of software, particularly Zelda and related addons. Show More Summary