– Spring cleaning is coming early at Toyota, particularly among executives who may have felt a little too comfortable at the top. CEO Akio Toyoda is overhauling almost every division and reshuffling job responsibilities in the biggest corporate shakeup since the company’s unintended-acceleration debacle. – Toyota is preparing for “profound transformation” as automated driving, ride […]
Tag: overhauls
THE CORE BANKING SYSTEM OVERHAULS REPORT: Why they’re necessary, why most fail, and how to make them work (JPM, BAC, WFC, C)
BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. Click here to learn more. In an increasingly digital economy, banks are becoming more dependent on efficient data processing to improve customer service and products, and ensure regulatory compliance. But legacy core software systems, implemented decades ago, are letting banks down, and […]
Global asset management giant abruptly removes CEO, overhauls board
“The Wolf of Wall Street”/Paramount Pictures BOSTON, May 1 (Reuters) – The French parent of asset manager AllianceBernstein fired its longtime leader Peter Kraus, replacing him with a new chief executive and and new chairman, and overhauled the firm’s board, according to a filing Monday that offered little explanation for the unexpected changes. New York-based […]