former CEO

SEC News: SEC Charges Volkswagen, Former CEO With Defrauding Bond Investors During “Clean Diesel” Emissions Fraud

Washington DC (STL.News) – The Securities and Exchange Commission yesterday charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding U.S. investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company’s “clean diesel” fleet. … Continue reading SEC News: SEC Charges Volkswagen, Former CEO With Defrauding Bond Investors During “Clean Diesel” Emissions Fraud

LAS VEGAS | Former CEO of Harrah’s to become Wynn’s board chairman

LAS VEGAS — Wynn Resorts announced additional changes to its board of directors Monday, a truce with its top shareholder and the end to an internal investigation into the sexual misconduct allegations against the company’s founder that surfaced earlier this year. The appointment of industry veteran Phil Satre as vice chairman is the latest change … Continue reading LAS VEGAS | Former CEO of Harrah’s to become Wynn’s board chairman

Former Uber CEO Kalanick selling part of stake

NEW YORK/January 05, 2018 (AP)(STL.News) — Uber co-founder and former CEO Travis Kalanick plans to sell 29 percent of his stake in the ride-hailing service, a news report said Thursday. The deal is part of a transaction with investors including Softbank Group Corp. and would bring Kalanick about $1.4 billion, Bloomberg reported, citing unidentified sources. It said Kalanick … Continue reading Former Uber CEO Kalanick selling part of stake