ceo

Best Buy chooses turnaround specialist as new CEO

Electronics retailer Best Buy has chosen a new chief executive as it grapples with lagging sales and a proposal to take the company private by its founder.

Hubert Joly has stepped down as CEO of hospitality and restaurant giant Carlson to lead the struggling electronics giant, Best Buy announced Monday morning. Word of the impending appointment was first reported on by the Wall Street Journal on Sunday evening. Best Buy touted Joly as having a record turning around companies in the media, technology and services sectors.

"Hubert's range and depth of experience in transforming companies is exactly what … Read more

Hulu's CEO Jason Kilar could be giving up the ship

Big changes may be on the horizon for Hulu. According to an internal memo that entertainment news source Variety got its hands on, CEO Jason Kilar's jig may be up.

The three-page memo, dated from July, lists several possible changes for the streaming service, according to Variety. Of the most striking are the top two bullet points, which say this: "Outline transition plan for new CEO" and "Discuss potential candidates and process."

Kilar has had an up-and-down relationship with backers for the last couple of years. He initiated a rift with Hulu's parent company … Read more

Marissa Mayer's priority: Fixing Yahoo search, e-mail -- WSJ

New Yahoo CEO Marissa Mayer isn't yet ready to unveil her strategic plan for the company's future, but she's already setting some wheels into motion, according to a new report.

Mayer's first order of business is to improve Yahoo's search and e-mail, according to the Wall Street Journal. She is reportedly holding meetings with Yahoo product leaders to determine why the company is losing market share in search -- it fell to 13 percent in June from 15.9 percent last year, according to ComScore -- and how it can bolster Yahoo Mail to maintain … Read more

Symantec CEO Salem ousted for board chairman Bennett

Symantec's CEO Enrique Salem stepped down today after the company's board of directors designated chairman of the board Steve Bennett as the new president and CEO.

This executive switch-over comes as the security software giant reported an abysmal year for revenue -- second-quarter growth was just 1 percent to $1.67 billion, and profits decreased by 10 percent to $172 million, according to Bloomberg.

"Enrique Salem has been a significant contributor during his 19 years' associated with Symantec, including the last three years as CEO," Bennett said in a statement. "While progress has been made … Read more

Scott Thompson gets new CEO gig

Scott Thompson, who left Yahoo under a cloud, has landed a CEO post once again.

Two-year-old e-commerce company ShopRunner this morning announced that Thompson is coming aboard as its chief executive. ShopRunner describes itself as a network of merchants that have banded together to deliver "multichannel shopping services" to consumers.

In May, an embattled Thompson abruptly departed Yahoo after hedge fund and Yahoo investor group Third Point discovered that his resume listed a computer science degree that he doesn't actually hold. Thompson had been CEO of Yahoo only since January.

The appointment at ShopRunner brings Thompson back … Read more

Google's Marissa Mayer becomes Yahoo CEO

Yahoo has named Marissa Mayer, one of Google's top execs, as its next CEO, ending a hunt that began after Scott Thompson was forced out in May for padding his resume. Ross Levinsohn, who has been the interim CEO, had been considered the top candidate for the job.

"I am honored and delighted to lead Yahoo, one of the internet's premier destinations for more than 700 million users," Mayer said in a statement. "I look forward to working with the company's dedicated employees to bring innovative products, content, and personalized experiences to users and … Read more

Take your pick as Yahoo CEO guessing game picks up steam

It's the day after the Fourth of July holiday when even those not yet on vacation surely have mentally checked out. So what better to while away the time than the latest chatter about the next brave soul to take up the role of Yahoo CEO?

So take your pick.

AllThingsD claims that the race boils down to a choice between interim CEO Ross Levinsohn and Hulu CEO Jason Kilar. But Reuters is running a story to the effect that it's a contest between News Corp's Jonathan Miller and Hulu CEO Jason Kilar. Reuters also says that … Read more

Is there more to Larry Page's sickness? One analyst wonders

One analyst is wondering what's going on with Larry Page.

Google CEO Larry Page wasn't at his company's annual shareholders' meeting this week because the search company said he lost his voice. Google has already announced that that he also won't be at Google I/O next week -- nor participating in the second-quarter earnings call set for July.

According to Boy Genius Report, which obtained a copy of the note, JP Morgan analyst Doug Anmuth wrote to investors today that some Google shareholders might start asking questions about Page's absence, especially considering the earnings … Read more

Samsung appoints Kwon Oh-hyun new CEO

Samsung has replaced CEO Choi Gee-sung with the head of its components operation.

Samsung's components business chief, Kwon Oh-hyun, will now head up the company as chief executive officer. Kwon will continue to run Samsung's component business, but will now be tasked with handling "corporate-wide affairs," Samsung said today. However, the presidents of Samsung's TV and appliances and telecom and IT divisions will not report to Kwon.

Although Choi is no longer chief executive, he hasn't been let go. Quite the contrary, he will now head up the Samsung Group Corporate Strategy Office, a … Read more

Join us now for Tim Cook's chat from D10

Editor's note: This live blog of Apple CEO Tim Cook's talk at D10 is ongoing. Click below to join in the live blog. Or click here for a story on what he's covered so far.

Set your smartphone alarm: CNET will be on the scene to bring you all the news and details from Apple CEO Tim Cook's chat at the D10 conference, which kicks off tonight around 6:30 p.m. PT.

The public interview will be Cook's second in recent months. In mid-February, Cook appeared at the Goldman Sachs' annual Technology and Internet … Read more