xAI
Igor Babuschkin, co-founder of xAI, has departed the company to launch his own venture focused on AI safety, following a pivotal role in building xAI’s foundational models and infrastructure. His exit comes just as xAI faces mounting backlash over Grok—its flagship chatbot—which has generated antisemitic, conspiratorial, and harmful content, ultimately tanking a potential federal contract. Another issue is that Grok echoes and defends views linked to Musk, raising ethical concerns. Read More
Funko
Pop culture collectibles giant Funko, best known for it’s Pop! figurines, has appointed Josh Simon—an exec with stints at Netflix and Nike—as its new CEO, effective September 1. The company is in recovery mode after reporting a $41 million loss in Q2, bringing its total losses to $61 million for the first half of 2025. With workforce cuts and cost-saving measures underway, Funko is betting on fresh leadership to help turn things around. Read More
Uber Freight
Uber Freight is entering a new era with Rebecca Tinucci, a former Uber and Tesla exec, stepping in as CEO. Founder Lior Ron transitions to Chairman and takes on a new role as COO at autonomous trucking company Waabi, backed by Uber. The move comes as Uber Freight continues to scale, managing over $20 billion in freight. Read More
Smartsheet
Smartsheet, the AI-enhanced work management platform, has welcomed Stephanie Berner as its new Chief Customer Officer. Berner, who brings over 15 years of leadership experience from B2B innovators like Atlassian and LinkedIn, is ready to help Smartsheet deepen customer relationships and drive sustained value as they enter a new era of AI-driven innovation and accelerated growth. Read More
Procter & Gamble
Procter & Gamble is set for a leadership shift as COO Shailesh Jejurikar prepares to succeed CEO Jon Moeller on January 1, 2026. A company veteran since 1989, Jejurikar brings key supply chain and retail experience as P&G navigates a mixed fiscal outlook and evolving consumer behavior. The company is also tapping another 36-year veteran Freddy Bharucha to lead its global beauty division, effective December 1. Read More
N26
Co-founder Valentin Stalf is stepping down as co-CEO of N26 to join the bank’s supervisory board, marking a major leadership shift at the German digital bank. The move follows BaFin’s recent decision to lift a growth cap that had cost N26 billions and led to its U.S. exit in 2021. Stalf calls the transition a “forward-looking decision” aimed at reinforcing the company’s long-term leadership. Read More
OpenText
A leadership shake-up is underway at OpenText as 25-year veteran James McGourlay is named Interim CEO and Savinay Berry steps into the CTO role. The changes signal a strategic shift as the company sharpens its AI-focused information management vision and explores portfolio-shaping opportunities. Read More
Kohl’s
Kohl’s just scored a major win—tech veteran Steven Dee is stepping in as their new Chief Technology Officer. With a powerhouse resume that includes Nike, J.Crew, and Accenture, Dee brings a strong background in digital transformation and retail technology. As Kohl’s leans further into omnichannel retail, he’s set to supercharge their tech strategy. Read More
FedEx
FedEx has named Vishal Talwar as EVP, Chief Digital and Information Officer, and President of FedEx Dataworks. With 27+ years at Accenture, IBM, and Dell Services, Talwar brings deep tech expertise to lead FedEx’s digital transformation, focusing on data, AI, and cybersecurity to drive innovation and growth. Read More
SimCorp
SimCorp, the Danish investment tech firm, has tapped Peter Sanderson as its new CEO. With a track record at GAM Investments and BlackRock—where he became well-acquainted with SimCorp’s platform—Sanderson steps in to steer the company toward its next phase of growth. He succeeds Georg Hetrodt, who retires after an impressive 27-year run at the helm. Read More
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