Remove 2018 Remove Capital Remove Leadership Remove Operations
article thumbnail

Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. Former Ahold financial executive Paula Price will become CFO at Macy’s starting July 9.

article thumbnail

Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

Capital 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital change outcomes impact bank performance

Accenture

Does digital leadership and the ability to radically transform a traditional bank into a digital-first institution consistently create superior economic performance? Does digital leadership and the ability to radically transform a traditional bank into a digital-first institution consistently create superior economic performance?

article thumbnail

Mastercard CFO Retiring; Sachin Mehra To Take On Role

PYMNTS

Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”.

article thumbnail

Daimler Takes Stake In Ride-Hailing Startup Taxify

PYMNTS

The proceeds of the fundraising are expected to be used to expand the business beyond the 40 cities in Europe and Africa where it currently operates, reported the Financial Times. The goal is to launch in “tens of cities” during the course of the next few years and also scale the locations it is already operating in.

Capital 100
article thumbnail

eBay Snags Former Amazon Alexa Executive

PYMNTS

Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos. Rawashdeh had technology leadership roles with eBay from 2003 to 2011 before heading over to Twitter to serve as vice president of infrastructure operation engineering at Twitter.

San Jose 128
article thumbnail

Revolut Refines Its Culture As It Seeks Expansion

PYMNTS

million customers in under four years in operations with 12,000 new account sign-ups daily. While it ended 2018 on a strong note, this year the company has been marred by scandals that could hurt its ambitions and are prompting changes. The bank has amassed 4.7 the Advertising Standards Authority and the parliament in Lithuania.