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Leadership News 21 January 2026 - 5 February 2026

RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

The Reserve Bank of India has approved Vinay Muralidhar Tonse as Yes Bank’s new managing director and CEO for three years, replacing Prashant Kumar in April. Tonse, formerly of State Bank of India, awaits shareholder approval before taking charge. Yes Bank shares closed at 21.33 rupees on Thursday, down 1.02%.
5 February 2026
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Disney stock rises as board taps parks chief Josh D’Amaro as next CEO

Disney stock rises as board taps parks chief Josh D’Amaro as next CEO

Walt Disney shares rose 3.1% to $107.47 Wednesday after the company named Josh D’Amaro as CEO effective March 18, with Dana Walden set to become president and chief creative officer. The leadership change follows Disney’s fiscal Q1 report showing 5% revenue growth to $26 billion but a 9% drop in segment operating income. Disney confirmed a $7 billion share buyback for fiscal 2026.
4 February 2026
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RBI gives Yes Bank’s CEO pick the green light: Vinay Tonse set for top job

RBI gives Yes Bank’s CEO pick the green light: Vinay Tonse set for top job

India’s central bank has approved Vinay Muralidhar Tonse as Yes Bank’s new managing director and CEO for a three-year term, pending shareholder approval. Tonse will succeed Prashant Kumar after his term ends April 6. Tonse previously led retail operations at State Bank of India. The appointment follows Sumitomo Mitsui’s 24% stake purchase in Yes Bank last year.
4 February 2026
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Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

TSMC’s U.S.-listed shares fell 0.7% to $339 on Feb. 3 as Nvidia CEO Jensen Huang warned the chipmaker may need to more than double capacity in the next decade to meet AI demand. TrendForce reported TSMC’s 2nm and 3nm production is already tight, with advanced packaging emerging as a key bottleneck. TSMC plans to boost advanced packaging capacity by over 70% year-on-year by 2026.
3 February 2026
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Disney’s CEO handoff is set: Parks boss Josh D’Amaro to replace Bob Iger in March

Disney’s CEO handoff is set: Parks boss Josh D’Amaro to replace Bob Iger in March

Disney named Josh D’Amaro as CEO effective March 18, replacing Bob Iger, who will stay as senior adviser and board member through 2026. Dana Walden becomes president and chief creative officer, reporting to D’Amaro. D’Amaro currently leads Disney Experiences, which generated $36 billion in 2025. Walden’s new role covers creative oversight across studios and streaming.
3 February 2026
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PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal named Enrique Lores as CEO starting March 1, with Jamie Miller as interim CEO. Shares fell nearly 16% in pre-market trading after a weak 2026 profit outlook and disappointing holiday-quarter results. The company reported Q4 revenue of $8.7 billion and announced its first quarterly dividend of $0.14 per share, payable March 25.
3 February 2026
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Wells Fargo stock climbs as WFC names new AI chief ahead of Fed decision

Wells Fargo stock climbs as WFC names new AI chief ahead of Fed decision

NEW YORK, Jan 26, 2026, 14:32 (EST) — Regular session Shares of Wells Fargo & Co climbed roughly 1.3% Monday afternoon, gaining $1.13 to reach $88.09 following a low of $86.85 earlier in the session. The shift arrives as the Federal Reserve prepares to unveil its policy decision this week, alongside earnings reports from major U.S. firms. Both events have the power to influence rate forecasts and the overall risk sentiment that bank stocks are sensitive to. (Reuters) Wells Fargo outpaced several major rivals during the session. JPMorgan Chase climbed roughly 0.8%, with Bank of America posting a similar gain.
26 January 2026
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Ergo founder John Purdy dies at 63, just after Presidio closes takeover

Ergo founder John Purdy dies at 63, just after Presidio closes takeover

DUBLIN, Jan 23, 2026, 19:58 GMT John Purdy, the entrepreneur behind Irish IT services company Ergo, has died at 63, the Irish Independent reported Friday. His passing occurred just one day after U.S. tech services firm Presidio finalized its takeover of the Ireland-based group, MarketScreener data shows. (Independent) The timing is crucial as Ergo has recently changed hands, while Presidio aims to expand its European footprint from Ireland and the UK. For Dublin’s tech scene, this adds a very tangible human dimension to an already closely watched deal. Ergo offers “managed services,” handling corporate IT systems on an outsourced basis,
23 January 2026
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JioStar’s new sports monetisation play: Debrup Ghosh tapped to run premium portfolio

JioStar’s new sports monetisation play: Debrup Ghosh tapped to run premium portfolio

Mumbai, Jan 23, 2026, 19:37 IST JioStar has named Debrup Ghosh director of premium sports, stepping up its commercial push in live events as the Reliance-Disney joint venture refines its strategy, according to a report from Meyka.com. (https://meyka.com/blog/jiostar-january-22-debrup-ghosh-to-lead-premium-sports-monetization-2201/) The timing is crucial since sports remains one of the rare formats that can draw large live audiences, despite viewers hopping between TV, apps, and bite-sized clips. This fragmentation has pushed media companies to overhaul how they pitch ads, sponsorships, and subscriptions tied to a single game. Rivals appear to be following the same strategy. Sony LIV, streaming the Australian Open 2026,
23 January 2026
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BlackRock’s Larry Fink floats Dublin or Detroit as WEF weighs moving Davos meeting

BlackRock’s Larry Fink floats Dublin or Detroit as WEF weighs moving Davos meeting

DAVOS, Switzerland, Jan 21, 2026, 18:31 CET Leaders at the World Economic Forum are considering relocating their hallmark annual gathering from Davos, the Financial Times reported Wednesday, citing sources close to the talks. They’re exploring both a permanent move and rotating the event across various cities, the report added. https://www.ft.com/content/da52a13e-98ff-4df5-9122-f80abd43ebe7 The idea is emerging as the forum seeks stability under interim leadership and aims to prove its relevance amid a turbulent political climate. This year’s event has attracted a strong lineup of heads of state and leading executives, alongside more pointed questions about the meeting’s true purpose. Shifting the venue
21 January 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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