India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans. “Ritesh has been an early believer and staunch supporter of the company and was very instrumental in our early UPI[Unified...
Sony Ventures, the dedicated investment team of Sony Group, has appointed 27-year Sony Group veteran Kazuhito Hadano as its new CEO, effective Jan. 1. Gen Tsuchikawa, the previous CEO and chief investment officer of Sony Ventures, will assume the new role of chairman of Sony Ventures, the company...
Two California Pizza Hut locations are eliminating in-house delivery, resulting in 1,200-plus driver layoffs. The job cuts impact Pizza Hut delivery drivers across California, including at Sacramento, Palm Springs and Los Angeles locations, Business Insider reported Tuesday (Dec. 26), citing federal employment notices. The franchisees...
The co-CEOs of digital insurance company Lemonade will return to their previously held positions on Jan. 1. Shai Wininger will return to the position of president, while Daniel Schreiber will again be CEO, Lemonade said in a Wednesday (Dec. 20) filing with the Securities and Exchange Commission (SEC). The company’s board of directors appointed...
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but will remain an advisor to the company and the board, Opendoor said in a Friday...
Credit Karma co-founder and chief revenue officer Nichole Mustard is leaving the company. Mustard, who was with the firm for over 16 years, is the third high-profile executive to leave Credit Karma this year, TechCrunch reported Thursday (Dec. 14). “I can confirm she decided to leave the company, her contributions...
Former PayPal President and CEO Dan Schulman will leave the company’s board of directors at the end of the year. Schulman, who has served on the board since 2015 and served as president and CEO from 2015 to 2023, will depart from the board effective Dec. 31, PayPal said...
Etsy is laying off 225 employees — about 11% of its workforce — and restructuring its executive team. The move is meant to help the company focus on its most important business priorities and better serve its customers, Etsy CEO Josh Silverman said in an...
Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as CFO is a sign the spend management company is readying to go public, CNBC reported Wednesday (Dec. 13). Among the...
