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Leadership News 8 December 2025 - 29 December 2025

Lululemon founder Chip Wilson launches proxy fight for board shakeup as CEO exit nears

Lululemon founder Chip Wilson launches proxy fight for board shakeup as CEO exit nears

NEW YORK, December 29, 2025, 12:27 ET Lululemon Athletica founder Dennis “Chip” Wilson said on Monday he has launched a proxy fight to reshape the company’s board, nominating three independent director candidates. The Wall Street Journal first reported the move, which was also covered by Canadian outlets including CTV News (https://www.ctvnews.ca/business/article/lululemon-founder-launches-proxy-fight-for-board-changes-wsj-reports/), CBC (https://www.cbc.ca/news/business/lululemon-proxy-fight-chip-wilson-board-changes-9.7029060) and The Globe and Mail (https://www.theglobeandmail.com/business/article-lululemon-chip-wilson-proxy-fight-board-changes/). The board challenge lands as the athleisure maker enters a leadership transition, with CEO Calvin McDonald set to leave in January and no named successor. Investors have been watching closely after Lululemon’s shares fell about 45% this year. Lululemon has struggled
29 December 2025
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Manappuram taps ex-RBL Bank CFO as group finance chief, okays Rs 250 crore for microfinance unit

Manappuram taps ex-RBL Bank CFO as group finance chief, okays Rs 250 crore for microfinance unit

NEW YORK, December 29, 2025, 00:12 ET Indian non-bank lender Manappuram Finance has appointed Buvanesh Tharashankar as group chief financial officer and approved an additional investment of up to 2.5 billion rupees (250 crore rupees) in its microfinance subsidiary Asirvad Micro Finance, the company said. Business Standard The moves put fresh focus on finance leadership and funding at a lender that has been broadening beyond its core gold-backed loans, while seeking tighter oversight across group companies. MediaNews4U Manappuram reported a sharp drop in quarterly profit even as revenue climbed, underlining why capital discipline and funding for operating units matter for
29 December 2025
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PepsiCo stock holds near $144 as leadership handoff hits and year-end data looms

PepsiCo stock holds near $144 as leadership handoff hits and year-end data looms

NEW YORK, December 28, 2025, 21:27 ET — Market closed PepsiCo shares ended slightly higher on Friday, last closing at $143.78, as investors moved through a muted post-Christmas session and looked ahead to a leadership handoff in the company’s North America business this weekend. SEC+1 The timing matters because U.S. stocks are in the final stretch of 2025, when thin holiday trading and year-end positioning can magnify small moves. The period also overlaps the so-called “Santa Claus rally,” a seasonal window covering the last five trading days of the year and the first two of the next. Reuters For PepsiCo,
29 December 2025
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Arista Networks CEO Jayshree Ullal Tops Hurun India Rich List 2025, Surpassing Satya Nadella and Sundar Pichai

Arista Networks CEO Jayshree Ullal Tops Hurun India Rich List 2025, Surpassing Satya Nadella and Sundar Pichai

Jayshree Ullal, the Indian-origin CEO and chairperson of cloud-networking company Arista Networks, has taken the top spot on Hurun’s 2025 ranking of the richest Indian “professional managers”—overtaking far more widely recognized Silicon Valley leaders such as Microsoft CEO Satya Nadella and Google/Alphabet CEO Sundar Pichai. www.ndtv.com+2Deccan Chronicle+2 The headline is striking precisely because it flips the usual assumption: if you asked casual observers to name the wealthiest Indian-origin tech leader, most would guess Nadella or Pichai. Hurun’s 2025 data suggests the biggest fortune among Indian-origin tech executives is currently tied to the less consumer-facing (but increasingly critical) world of data-center
28 December 2025
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British Airways faces customer leadership vacuum as Chief Customer Officer Calum Laming set to depart in March 2026

British Airways faces customer leadership vacuum as Chief Customer Officer Calum Laming set to depart in March 2026

LONDON — December 26, 2025 — British Airways is heading into 2026 with a major question hanging over one of its most visible priorities: the customer experience. Multiple aviation and travel outlets reported this week that Calum Laming, British Airways’ Chief Customer Officer (CCO), is expected to leave the airline at the end of March 2026—and that no successor has been publicly named. SSBCrack News The timing is awkward. Boxing Day traditionally marks a surge in travel bookings and public attention for airlines—and British Airways has launched its annual sale window, running through late January. At the same time, disruption-heavy
26 December 2025
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Hooters Comeback 2025: CEO Neil Kiefer Says Many Locations Served the Wrong Wing Sauce for 20 Years After Bankruptcy Reset

Hooters Comeback 2025: CEO Neil Kiefer Says Many Locations Served the Wrong Wing Sauce for 20 Years After Bankruptcy Reset

December 25, 2025 — Hooters is back in the spotlight this Christmas Day as fresh coverage revives one of the most surprising details to emerge from the brand’s post-bankruptcy overhaul: the chain’s leadership says many customers were eating wings that didn’t taste like Hooters for years—because many locations were using a “substitute” sauce instead of the original recipe. Red94 The revelation is more than a quirky food story. It has become a symbol of what the company’s new owner-operators say went wrong during years of fragmentation—and what they believe will fix it: a back-to-basics “re-Hooterization” strategy focused on consistent food
26 December 2025
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Louis Dreyfus Company CFO Patrick Treuer Dies Unexpectedly at 52; LDC to Announce Successor “In Due Course”

Louis Dreyfus Company CFO Patrick Treuer Dies Unexpectedly at 52; LDC to Announce Successor “In Due Course”

Dec. 25, 2025 — Louis Dreyfus Company (LDC), one of the world’s largest agricultural commodities merchants, has confirmed the unexpected death of its Chief Financial Officer, Patrick Treuer, a senior executive who helped guide the privately held trader through years of heightened market volatility and strategic growth. In a statement published December 24, 2025, LDC said Treuer “passed away unexpectedly overnight,” adding that plans for his replacement as Group CFO would be communicated later. Global What happened: LDC confirms the death of its Group CFO LDC announced on Dec. 24 that Patrick Treuer—who had been with the group since 2014—died
25 December 2025
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JioStar Elevates Purnima Kumar to EVP HR as Micro‑Dramas Reshape India’s OTT Landscape in 2025

JioStar Elevates Purnima Kumar to EVP HR as Micro‑Dramas Reshape India’s OTT Landscape in 2025

Mumbai/New Delhi | December 23, 2025 — India’s digital entertainment sector is closing out 2025 with a clear message: streaming is no longer “the new thing”—it’s the main arena, and the battle is increasingly about scale, sports, new formats, and the talent to run them. That backdrop helps explain one of the most closely watched people moves reported on December 23, 2025: JioStar has elevated Purnima Kumar to Executive Vice President – Human Resources (Digital, Sports) and Total Rewards, expanding her mandate across two of the company’s most strategically important engines—digital platforms and sports, alongside continued leadership of compensation and
24 December 2025
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Microsoft AI CEO Mustafa Suleyman Draws Superintelligence Red Lines as Costs, Talent Wars and Power Bills Collide

Microsoft AI CEO Mustafa Suleyman Draws Superintelligence Red Lines as Costs, Talent Wars and Power Bills Collide

On December 21, 2025, Microsoft AI CEO Mustafa Suleyman put a clear stake in the ground: Microsoft will walk away from any AI system that could “run away” from human control, calling “containment” and “alignment” non‑negotiable “red lines” before releasing superintelligent tools. The Times of India The warning landed amid a second, equally blunt message shaping the frontier AI race: the next five to 10 years of leading-edge model development will likely require “hundreds of billions of dollars”, and Suleyman says his mission is to make Microsoft self‑sufficient in building frontier AI while assembling a “world‑class superintelligence team.” The Times
22 December 2025
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Starbucks Names Former Amazon Grocery Tech Leader Anand Varadarajan as CTO in Brian Niccol’s Turnaround Push

Starbucks Names Former Amazon Grocery Tech Leader Anand Varadarajan as CTO in Brian Niccol’s Turnaround Push

As of December 21, 2025, Starbucks’ latest leadership move is drawing attention across business and tech circles: the coffee giant has selected Anand Varadarajan, a nearly two-decade Amazon veteran, as its next Chief Technology Officer as CEO Brian Niccol accelerates a store-by-store push to improve speed, reliability, and labor efficiency. iTnews+2Reuters+2 Varadarajan will join Starbucks as Executive Vice President and CTO on January 19, 2026, stepping into a role that has been closely watched since the departure of the previous CTO earlier this fall. His mandate is clear: help modernize how Starbucks runs—behind the counter and behind the scenes—at a
22 December 2025
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Leon job cuts and restaurant closures: co-founder John Vincent’s turnaround plan (Dec 13, 2025)

Leon job cuts and restaurant closures: co-founder John Vincent’s turnaround plan (Dec 13, 2025)

Updated Saturday, 13 December 2025 — Leon, the UK “naturally fast food” chain known for positioning itself as a healthier alternative on the high street and in travel hubs, is moving into a restructuring process that could see multiple restaurant closures and job losses in the weeks ahead. The company has brought in Quantuma to steer the process and is preparing proposals for a Company Voluntary Arrangement (CVA) — a widely used UK rescue mechanism that can allow a business to renegotiate costs (especially leases) and exit loss-making sites faster.cateringtoday.co.uk+ 3Sky News+ 3restaurantonline.co.uk+ 3 The shake-up comes just weeks after
13 December 2025
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Todd Combs Leaves Berkshire Hathaway for JPMorgan: What Buffett’s Top Lieutenant’s Exit Means for the Post‑Buffett Era

Todd Combs Leaves Berkshire Hathaway for JPMorgan: What Buffett’s Top Lieutenant’s Exit Means for the Post‑Buffett Era

OMAHA / NEW YORK — Todd Combs, one of Warren Buffett’s most trusted investing lieutenants and the chief executive of GEICO, is leaving Berkshire Hathaway to lead a new $10 billion strategic investment group at JPMorgan Chase, underscoring how rapidly the conglomerate is being reshaped for life after Buffett. Business Wire+2JPMorgan Chase+2 Announced on December 8, 2025, in tandem press releases from Berkshire Hathaway and JPMorgan, Combs’ departure lands just weeks before Buffett hands the CEO role to Greg Abel at year‑end — a moment many investors have spent years anticipating. Business Wire+2JPMorgan Chase+2 Key takeaways Who is Todd Combs
8 December 2025
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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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