Delivery Hero’s CEO Niklas Oestberg will step down by March 2027 as major shareholders pressed the company to launch a strategic review. Delivery Hero is now searching for a successor and aims to finish the process by the end of 2026. Oestberg will remain in charge of the review and M&A efforts until a replacement is found.
Intel’s CEO Lip-Bu Tan has steered the chipmaker toward customer-first partnerships, drawing interest from Apple and Tesla and striking a surprising deal involving Elon Musk. The strategy has already pushed Intel’s stock to a record high, raising hopes of a turnaround. But with industry competition intensifying, Tan now faces the bigger test: a real breakthrough in chips manufacturing and performance.
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PayPal plans to reduce its workforce by about 20 percent over the next two to three years, as new CEO Enrique Lores pushes a restructuring meant to simplify operations and accelerate growth. The company expects to save at least $1.5 billion through the cost-cutting drive, even as analysts flag tougher expansion challenges ahead.
Disney’s new CEO Josh D’Amaro laid out a growth strategy after the company posted results that beat estimates. He pledged continued focus on creative excellence, pushed for strengthening the streaming business, and pointed to live sports as a major opportunity. The plan also includes sustained investment in theme parks and cruise lines to drive longer-term expansion.
Chief Election Commissioner Gyanesh Kumar has ordered continuous patrolling across West Bengal and warned of stringent action against anyone linked to violence or vandalism. The directive has been sent to top state and police officials, including the Chief Secretary, DGP, Kolkata Police Commissioner, CAPF leadership, and all district magistrates and SPs, as tensions reportedly rise ahead of elections.
West Bengal Chief Electoral Officer Manoj Kumar Agarwal rejected TMC chief Mamata Banerjee’s claim that she was physically assaulted during counting. He said he verified the allegation with the District Election Officer and found no evidence of such an incident, noting the absence of a formal complaint or FIR.
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Epigamia has appointed Ritesh Gauba as its new CEO after founder Rohan Mirchandani passed away. Gauba, known for FMCG experience, will lead the dairy and healthy snacks brand. The company also elevated COO Ankur Goel to co-founder and said it expects over 50% growth in FY26, signalling momentum despite the transition.
Air India’s board will meet on May 7 to review cost-saving measures and likely move forward on selecting a new CEO. The airline is grappling with heavy losses amid rising jet fuel prices and risks tied to the West Asia conflict. Among proposed steps are unbundling meals and lounge access, while a CEO search is already underway.
Nipun Aggarwal is emerging as a frontrunner for Air India’s next CEO, with Tata Sons reportedly nearing a decision. Current CEO Campbell Wilson is expected to leave once a successor is named. The change comes as Air India grapples with major financial strain and operational hurdles, even as Aggarwal is credited with driving parts of the airline’s expansion push.
With Apple’s next quarterly results looming, investors are closely watching newly appointed CEO John Ternus. The market buzzes as confidence builds from strong iPhone sales and the recently unveiled MacBook Neo, while expectations rise around Ternus steering the company into an AI-driven innovation push. The upcoming earnings release could set the tone for his early tenure.
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Union parliamentary minister Kiren Rijiju hit back at Congress MP Jairam Ramesh after 73 opposition Rajya Sabha MPs submitted a fresh notice to remove Chief Election Commissioner Gyanesh Kumar, citing “proven misbehaviour.” Rijiju said constitutional authorities cannot be intimidated and pointed to India’s independent judiciary, framing the dispute as an attempt to pressure electoral governance.
Apple has appointed Johny Srouji as its new Chief Hardware Officer, replacing John Ternus, who is set to become CEO as Apple’s leadership reshuffles. The move underscores how central hardware and Apple’s in-house silicon have become, with Srouji positioned to guide product and chip strategy during a pivotal period for the company.
David Stever was removed from Ben & Jerry’s after tensions tied to social activism, but he’s now taking charge at rival Jeni’s. Stever will oversee Jeni’s franchise expansion, signaling a major growth push and a notable leadership shift between two iconic ice cream brands.
Daniel Shapero has been appointed CEO of LinkedIn, taking over from Ryan Roslansky. Shapero joined the platform in 2008 and most recently served as COO, moving steadily up over more than a decade. The change is also tied to Microsoft’s wider reorganisation, with plans to weave AI more deeply across its products and services.
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Dabur India has appointed Herjit S. Bhalla as chief executive officer for its India business, effective April 23, 2026. The company will shift Mohit Malhotra to the global CEO role. Bhalla most recently held a senior position at Hershey Company, marking another high-profile leadership rotation in India’s consumer goods sector.
Alkem Labs, an Indian drug maker, is preparing for a top management shift. CEO Vikas Gupta, who has led the company for nearly three years, is expected to leave in the coming months. Gupta previously worked at Cipla before joining Alkem and brings deep experience in India’s pharmaceutical market. The company has not detailed a successor yet.
HDFC Life’s board has approved Vibha Padalkar’s reappointment as Managing Director and CEO, starting September 12, 2026, for a five-year term. Shareholder and regulatory approvals are still awaited. The company says the move supports leadership continuity, and Padalkar has not been debarred by regulators.
Raj Subramaniam has been elected to the FedEx Board of Directors and is set to step into the role of President and CEO of FedEx Corporation. He will retain his board seat as part of the transition. Previously, he served as President and Chief Executive Officer of FedEx Express, and now moves up within FedEx’s leadership structure.
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New CEOs in India are putting employment contracts under a microscope, pushing for detailed terms on roles, severance, and equity. With higher performance pressure and tighter regulatory scrutiny, executives are increasingly seeking legal and consulting support to negotiate both entry and exit. At the same time, companies are growing more willing to meet these demands to secure and retain top leadership talent.
Tata Sons CEO N Chandrasekaran met Singapore Airlines chief Goh Choon Phong to review a funding roadmap for Air India as losses continue to deepen. The talks also covered the search for a new CEO, amid complex global political uncertainty. The discussions signal a push to stabilize finances and leadership simultaneously to steer the airline toward recovery.
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