It is highly unusual for a sitting managing partner at McKinsey to be refused a second term, but the consultancy giant is still facing blowback over its role in fuelling America’s opioid crisis.
- by Michael Forsythe
Shares in local shipbuilder Austal tanked following the resignation of its US president in the wake of an external investigation that uncovered problems with budgeting and ship components.
- by Charlotte Grieve
A generation of Silicon Valley tech founders has quit and handed over to successors but not at Facebook. And the question about Mark Zuckerberg is not when might he step down - but whether he ever will.
- by Laurence Dodds
The implications of the decision for Amazon aren’t yet clear but there will be significant interest in how hands-on Jeff Bezos turns out to be in his new role.
- by Stephen Bartholomeusz
Ever the control freak, Jeff Bezos certainly picked a good moment to hand over the baton to Andy Jassy.
- by Robin Pagnamenta
Four candidates remain in the running for the top job, though sources say the board would prefer an internal hire.
- by Zoe Samios
TPG Telecom could reduce its business portfolio and remove some of its best-known brands in Australia after hiring a key Foxtel executive to review its products.
- by Zoe Samios
The mining giant’s new chief executive officer, Jakob Stausholm, has a reputation as a crisis manager and peacemaker. He’ll need both those skills as he takes over one of the toughest jobs in mining.
- by Thomas Biesheuvel
The mining giant has appointed its finance chief Jakob Stausholm to be its next chief executive officer and succeed Jean-Sebastien Jacques, who resigned in the wake of the Juukan Gorge disaster earlier this year.
- by Nick Toscano
Wielding power over the corporate world with expensive advice is not McKinsey's only skill.
- by Lucy Burton