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MGM Resorts Appoints Acting Chief Executive Officer

PYMNTS

Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. Hornbuckle replaces Jim Murren, the outgoing chairman and CEO.

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eBay Snags Former Amazon Alexa Executive

PYMNTS

Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos. Rawashdeh had technology leadership roles with eBay from 2003 to 2011 before heading over to Twitter to serve as vice president of infrastructure operation engineering at Twitter.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

And nowhere is Bezos’ philosophy of business, technology, and leadership better articulated than in his annual shareholder letters, which he has written every year since the company’s IPO in 1997. 2003: Long-term thinking is rooted in ownership. 2003: Long-term thinking is rooted in ownership. With almost $17.5

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved. There’s a complexity to getting these tools operational that compounds at scale. Bain, which has helped hundreds of similar businesses undergo their “digital transformation,” has that deep operator expertise.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Buffett successfully lobbied the leadership of Coca-Cola — the largest position in Buffett’s portfolio, with his ownership share coming in at 6.2% — to cut back on “excessive” executive compensation plans. The company’s operations and underlying value are the only things that matters, to Buffett. Image source: pValueWalk.

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Executive order on digital assets includes roles for CFPB, FTC, federal banking agencies

CFPB Monitor

leadership in the global financial system and in technological and economic competitiveness; promotion of equitable access to safe and affordable financial services; and promotion of responsible development and use of digital assets. It is chaired by the Secretary of the Treasury and the CFPB Director serves as Vice-Chair.). .

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