article thumbnail

Upset Over Expedia’s Strategy Triggers CEO, CFO Resignation

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. This reorganization, while sound in concept, resulted in a material loss of focus on our current operations, leading to disappointing third-quarter results and a lackluster near-term outlook.” .

Strategy 130
article thumbnail

Highspot Secures $60M In Funding Round Led By ICONIQ Capital

PYMNTS

The new funds will be used toward Highspot’s global expansion, as well as further extend its technology leadership in the sales enablement category. It has been predicted that by 2021, 15 percent of all sales technology investments will be applied to sales enablement technology, an increase from 7.2 percent in 2017.

Capital 108
Insiders

Sign Up for our Newsletter

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

article thumbnail

Reflect And Pivot: Enduring Strength For Difficult Times

PYMNTS

In January, I moved to Singapore from Seattle to open Ekata’s new Asia-Pacific office — exactly when this global pandemic started to ramp up. Teams are proactively investing in projects that increase our knowledge, enabling us to better service our customers, evolve our product lines and improve our overall operational efficiencies.

Seattle 130
article thumbnail

Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The bank recently set up a branch inside the world’s greenest commercial building, the Bullitt Center in Seattle. “We Photo: Ashley Courter. By Roshan McArthur.

Oakland 153
article thumbnail

Pandemic Brings Digital Angle To Corporate Incentives And Loyalty Programs

PYMNTS

As a result, Seattle-based Tango has “had to hustle” to fill the gap with experiential gifts. The value proposition is to take all of the operational and tricky components of the reward delivery process and provide it as a service, so it is really simple for companies to get started and use.”.

Cards 206
article thumbnail

Howard Schultz Leads Starbucks’ Upscale Push

PYMNTS

Starbucks opened its first Roastery location two years ago in Seattle, with plans to open other locations in New York, Shanghai and Tokyo. Starbucks announced its new leadership structure last week, which it said will help to usher in a new wave a digital growth.

Seattle 100
article thumbnail

7 ways community banks can boost profitability

Independent Banker

Reiling adds that bank leadership needs to be bold enough to try things out and possibly fail, which is why Sunrise Banks implemented the 90-day check-in. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes.