Wall Street sees opportunities for legacy automakers like Ford to stand out in 2024 despite the challenges the industry faces as demand for electric vehicles softens. Ford could make for a successful year by doing two things: continuing its strategic shift toward more profitable hybrids instead of heavy investments in less lucrative EVs and improving … Read more
Several prominent companies will ring in the new year with a new CEO who officially assumes the role on New Year’s Day. Corporate succession planning can be a tumultuous process, and the changing of the calendar year presents a straightforward opportunity for a company’s new leadership to hit the ground running from the outset of the year. … Read more
Outgoing Morgan Stanley CEO James Gorman ripped banks’ “stupidity of their own management” as one of the top threats facing Wall Street — right alongside artificial intelligence. When reflecting on his nearly 14-year tenure at Morgan Stanley to the Financial Times, Gorman — who has less than two weeks left at the firm — said … Read more
