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Personnel
Evolve Board Terminates CEO After Inappropriate Content Charge
October 26, 2025

Evolve Bank & Trust CEO Bob Hartheimer was arrested Thursday in Memphis on felony charges tied to the sexual exploitation of a minor, according to several local reports and court records. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Target to Cut 1,800 Corporate Jobs as It Struggles to Regain Momentum
October 23, 2025

Target Corp. said on Thursday (Oct. 23) that it will eliminate 1,800 corporate roles, or 8% of its headquarters workforce, in its largest restructuring in years, a move designed to streamline operations and reduce costs as it battles waning sales and investor skepticism. Get the...

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Treasury Counselor Derek Theurer Appointed to Perform Duties of Deputy Secretary
October 07, 2025

Treasury Secretary Scott Bessent has appointed Derek Theurer, who joined the department in January as counselor, to perform the duties of deputy secretary of the Treasury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Musk Picks Morgan Stanley Vet As xAI CFO
October 07, 2025

Elon Musk has reportedly tapped ex-Morgan Stanley banker Anthony Armstrong to serve as xAI’s CFO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Former FIS CEO Bisignano Will Add IRS CEO to Social Security Duties
October 06, 2025

Treasury Secretary Scott Bessent appointed Social Security Administration Commissioner Frank Bisignano to serve in an additional role: the newly created position of CEO of the IRS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Verizon Appoints Former PayPal Head Dan Schulman as CEO
October 06, 2025

Verizon appointed its independent lead director and former PayPal Holdings CEO Dan Schulman as CEO, effective immediately, saying he will lead the company’s “new chapter of growth.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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DailyPay Appoints Executive Chairman Nelson Chai as CEO
October 01, 2025

DailyPay has appointed its executive chairman, Nelson Chai, as its new CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Spotify Names Co-CEOs as Founder Daniel Ek Steps Back
September 30, 2025

Spotify’s chief executive is leaving that job as the streaming music platform names co-CEOs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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Marqeta Names Mike Milotich Permanent CEO
September 09, 2025

Marqeta, a card issuing platform that enables embedded finance solutions, announced Tuesday (Sept. 9) the appointment of Mike Milotich as its CEO and a director, effective immediately. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...