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Here's how Swamy Kotagiri, incoming CEO of the US's largest auto parts manufacturer, is using an 'open for business mindset' to lead the company

2 monthes ago   |   By Business Insider

Magna International
Magna International, the largest auto-parts manufacturer in the US and third-largest in the world, named a new CEO in October.
Over the course of over 30 years, outgoing CEO Don Walker helped the company shape up operationally and overcome debt issues to become an industry leader with a market cap of $22.9 billion, according to PitchBook.
Incoming CEO Swamy Kotagiri takes up the mantle as the auto industry is rapidly changing, with an eye on technologies like electric and autonomous vehicles.
"I'm an engineer at heart," Kotagiri says regularly, according to an interview...
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J.Crew promotes the head of Madewell to take over the company, as its CEO exits after just one 'brutal' year leading the struggling clothing company

J.Crew promotes the head of Madewell to take over the company, as its CEO exits after just one 'brutal' year leading the struggling clothing company

2 monthes ago   |   By Business Insider

Andrew Harnik / AP Images
J. Crew promoted Madewell head Libby Wadle as its new CEO, the company announced Tuesday.
Wadle will replace Jan Singer, who took over in January after the struggling private-equity-backed retailer went more than a year without a leader while trying to revive its brand.
"The continued executive turnover at J.Crew adds to the turbulence of an already brutal year for the retailer," Moody's analyst Raya Sokolyanska told Business Insider.
The pandemic has added challenges for J.Crew, which recently emerged from bankruptcy.
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