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

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Changes to SEC restrictions on regulation crowdfunding will make it easier for everyday people to invest in private companies. 

SEC Regulation Changes Will Now Make it Easier to Invest in Private Companies. Image Source: Shutterstock.

SEC Regulation Changes Will Now Make it Easier to Invest in Private Companies

Investing in Private Companies Have Just Become Easier

Gap has elected Salaam Coleman Smith as the newest member of its Board of Directors.

Salaam Coleman Smith

Gap Adds Former Disney Exec As Sixth Female Board Member

Nicole Monson will lead Estée Lauder’s new Equity and Engagement Center of Excellence (COE). Monson will be the senior vice president, reporting directly to Michael O’Hare, executive vice president, global human resources. 

Nicole Monson, newly appointed SVP of equity and engagement at Estée Lauder. Image Source: Business Wire.

Nicole Monson

Nicole Monson is Named New SVP of Estee Lauder's New Equity and Engagement Center

A seasoned tech executive, Kissler helped lead Nike’s inventory and fulfillment systems for over three years.

Online retailer Zulily caters its products towards moms and kids.

Zulily

Zulily Brings In Former Nike Exec As New CTO

Open banking puts the power back in consumers' hands by giving them control over their own financial data. It's becoming the norm in economies all over the world and has led to booming new fintech apps. New Zealand used to be a global leader in adopting new financial technology, but why are they falling behind in open banking?  

Auckland's Central Business District is the hub for many of NZ's financial institutions. Photo by Partha Narasimhan on Unsplash. 

Auckland CBD

'Like Turkeys Voting for Christmas:' The Vested Interests Delaying NZ’s Open Banking

HanesBrands announced that Jane Newman has been named as the apparel manufacturer and marketer’s new Chief Design Officer for Global Innerwear.

Jane Newman. Image credit: HanesBrands, Business Wire

Jane Newman

HanesBrands Promotes New Innerwear Design Chief With Sustainability Background

Charles Sussman, a Managing Director and Co-Head of Global Oil Trading at Bank of America, has left his post after more than 10 years on the jo

Charles Sussman. Image credit: Charles Sussman, LinkedIn

Charles Sussman

Bank of America’s Oil Trading Co-Head Reportedly Departs

In her new role, Vaswani will oversee the restaurant management company’s IT organization and will also be responsible for delivering innovative technology capabilities, systems, and tools that align with Toast’s corporate strategy. 

Anisha Vaswani joins Toast with 20 years of experience in the IT industry. Courtesy of Toast. 

Anisha Vaswani

Former Box Exec Moves to Toast As New Chief Information Officer  

Outside of Amazon, few e-commerce companies have been on the same kind of rocket as Shopify. It powers over 1.7 million businesses in more than 175 countries and remains one of the fastest-growing companies in Canada.

The exterior of one of Shopify's corporate offices, this one in Los Angeles. Courtesy of Shopify. 

Shopify LA Exterior

The Key Players at Shopify, Canada's E-Commerce Darling 

Fanatics has appointed legendary basketball player Earvin “Magic” Johnson to its Board of Directors. Johnson joins as an independent board member, alongside Mindy Grossman, CEO of WW International, and Jerry Storch, Founder and CEO of Storch Advisors.

Magic Johnson Headshot

‘Magic’ Changes Are Happening On the Fanatics Board of Directors

Getting more women into boardrooms is not a new initiative - the benefits of hiring women, both in a move towards gender equality and for the triple bottom line - have been rehashed over and over again. Every crack made in the glass ceiling pays - so why are there still so few women, especially in executive positions, in boardrooms in the U.K.? 

The Org explores why are there so few women-led executive boards in the UK. Image Source: Unsplash.

Why are there so few women-led executive boards in the UK

Why Are There So Few Women-Led Executive Boards in the UK?

Capri Holdings, a global fashion luxury group that includes brands like Versace, Jimmy Choo, and Michael Kors, has named Alejandro Martinez-Galindo as its new Chief Information Officer.

Editorial credit: T. Schneider / Shutterstock.com

Capri Holdings

Luxury Fashion Group Capri Holdings Hires Digital Transformation Exec

The Org met with Dr. Yael Joffe to discuss her 30-year journey to becoming one of the world's leading experts in nutrigenomics.

Dr. Yael Joffe. Courtesy of Dr. Yael Joffe

Dr Yael Joffe Courtesy Yael Joffe

Why This South African Scientist Believes the Future of Nutrition is in Genetics

Between March 2010 and October 2011, six NBA franchises were sold to new ownership groups. All six of those teams are now worth at least five times what they initially invested and five are still with the same ownership groups. 

The co-executive chairman of the Golden State Warriors, Joe Lacob and Peter Guber, at a 2017 championship ring ceremony. Courtesy of nba.com. 

20200604-lacob-guber-statement-1280

Five Owners Capitalizing On the NBA's Valuation Boom 

Currently still running its invite-only beta version, Clubhouse recently scored a $100 million dollar investment round led by Andersson Horowitz in January, launching it straight to unicorn status with a rumored valuation at $1 billion.

The audio app is currently running its beta version on iPhones only. Editorial credit: Boumen Japet / Shutterstock.com

Clubhouse

Meet The People Behind the Internet’s Exclusive New Clubhouse

Macy’s has made a series of sweeping leadership changes that are aimed at improving the department store's agility and efficiency, including making its Chief Operating Officer redundant.


Macy's Flagship Department Store in Herald Square, Midtown Manhattan. Editorial credit: NYC Russ / Shutterstock.com

Macys

Macy’s Restructures Its Leadership Team In Search of Agility

Ethiopia Habtemariam will join a small circle of women music executives as the next chairman and CEO of Universal Music Group’s Motown Records.

Ethiopia Habtemariam has been leading the record label as president since 2014. Courtesy of Universal Music Group. 

Ethiopia Habtemariam 

Ethiopia Habtemariam Will Lead Motown Records As New Chairman and CEO

Ann Hebert, Vice President and General Manager of Nike North America, has resigned after reports revealed that her 19-year-old son, Joe Hebert, had been using a credit card in her name to purchase sneakers for his resale company, West Coast Streetwear. 

Vice President of Nike North America Resigns After Family Ties to Sneaker Resales. Image Source: Shutterstock.

Nike

Vice President of Nike North America Resigns After Family Ties to Sneaker Resales

Kathryn Guarini, a research executive who has been with IBM for over 20 years was named Chief Information Officer on Monday.

IBM Announces Kathryn Guarini as CIO. Image Source: Shutterstock.

IBM Announces Kathryn Guarini as CIO

IBM names Kathryn Guarini as Chief Information Officer

These are the most notable hires, promotions, and departures within the media community in the last week. For executive news updated daily, check out The Org's People on the Move.

27-year-old Margaret Zhang is the new Editor in Chief of Vogue China. Image Source: Shutterstock.