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Personnel
CapOne Security Head Transferred In Wake Of Data Breach
November 07, 2019

Capital One’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov. 7). Get the Full Story Complete the form to unlock this article and enjoy...

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Flywire Taps Former Apple Pay Exec As President, COO
November 05, 2019

A relentless focus on customer experience and simplifying complexity are the defining characteristics of the most valuable companies in the world today. It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire, told Karen Webster was foundational to his decade-long...

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McDonald’s CEO Ousted Over Relationship With Staffer
November 03, 2019

McDonald’s has fired its chief executive officer because of a consensual relationship he had with an employee. 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...

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Wells Axes 200+ Staffers From US Lending Units
October 27, 2019

Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S. lending division in recent months, with a focus on its agriculture and energy teams, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

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Fair Auto Subscription Firm Cuts 40 Pct Of Workforce
October 24, 2019

Fair, a car startup that lets people own cars flexibly, has been paying attention to the fate of venture-backed startups like Uber and WeWork, who have been struggling to find profitability despite large valuations, and cutting back on staff in an effort to avoid a...

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Bill Daley Exits BNY Mellon After Less Than Five Months
October 23, 2019

The Bank of New York Mellon’s (BNY Mellon) Bill Daley is stepping down after being appointed vice chairman in June, The Wall Street Journal (WSJ) reported on Tuesday (Oct. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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UPS Exec Announces Departure After Strong Q3 Report
October 23, 2019

One of United Parcel Service’s (UPS) top executives has announced his departure, just as the parcel delivery firm released strong third quarter results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Nike Shares Swing On News Of CEO’s Departure
October 22, 2019

Longtime Nike leader Mark Parker will end his tenure as CEO in January of 2020. 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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For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
October 22, 2019

Day One is over. For Charles Scharf, who has taken the reins as CEO of Wells Fargo, the list of what needs fixing — and what needs fixing first — is long. PYMNTS delves into the challenges ahead, and how stints at BNY Mellon and Visa...