Streetbeat News

Corporate Responsibility

JBL

Jabil has appointed Michael Dastoor as the new CEO and Gregory Hebard as the new CFO, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:06 pm

GBTC

Grayscale Investments has appointed Peter Mintzberg as the new Chief Executive Officer, effective August 15, 2024. He will succeed Michael Sonnenshein.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:01 pm

NCLH

Norwegian Cruise Line Holdings (NCLH) has announced its 'Charting the Course' strategy, setting ambitious targets for 2026, including an adjusted EPS of approximately $2.45 and an adjusted operational EBITDA margin of around 39%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:47 pm

ISPR

Ispire Technology Inc. (NASDAQ: ISPR) has appointed Jim McCormick as its new Chief Financial Officer. Additionally, the company announced the appointments of John Patterson as Senior Vice President of International Nicotine, Dennis Lider as Senior Vice President of Cannabis Product Sales, and David Hessler as Senior Vice President of Operations.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:18 pm

NVDA

Nvidia's CEO Jensen Huang, despite being one of the richest people in the world, shows no signs of slowing down. He enjoys his role and finds everything else undesirable. Nvidia holds a 70% market share in AI chips.

Portfolio Pulse from Rounak Jain

May 20, 2024 | 12:15 pm

CRVO

CervoMed Inc. (NASDAQ:CRVO) has appointed William Elder as Chief Financial Officer, effective June 1, 2024. Elder will also continue his roles as General Counsel and Corporate Secretary. He succeeds William Tanner, who will remain as a consultant.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:04 pm

NVAX

Shah Capital has withdrawn its proxy campaign against the re-election of directors at Novavax's 2024 annual meeting. Shah Capital Management owns approximately 7.9% of Novavax's shares, making it one of the top three and the largest non-index stockholder.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:36 am

AMZN

Amazon CEO Andy Jassy emphasized the importance of a positive attitude for success, particularly in one's 20s. Despite facing criticism for anti-union remarks and Amazon's treatment of warehouse employees, Jassy's advice aligns with other successful leaders' philosophies.

Portfolio Pulse from Benzinga Neuro

May 20, 2024 | 10:32 am

META

Noah Kagan, an early employee of Facebook, shared insights into Mark Zuckerberg's stringent talent management style, highlighting his focus on hiring top talent and quick dismissals. This approach is consistent with Meta's recent significant layoffs aimed at creating a more efficient organization.

Portfolio Pulse from Rounak Jain

May 20, 2024 | 10:27 am

PEV

SPI

Phoenix Motor Inc. has formed a special committee to investigate allegations against CEO Xiaofeng Denton Peng, including breach of fiduciary duty and unauthorized related party transactions. Peng has been suspended, and former CFO J. Mark Hastings is the interim CEO. The investigation is ongoing.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:10 am