After the market closed Friday, Tesla announced that CEO Elon Musk exercised and held 532,000 stock options. He now owns 22% of the company.
Ferrari is undergoing a big shakeup, and not just on the Formula One racing grid. It's just parted ways with its longtime chairman, is being spun off from the rest of the Fiat Chrysler Automobiles group and will soon launch its initial public offering on the stock market. But one thing it's not about to change at this point is its CEO.
Taking charge of a major corporation will never be without its challenges, and one of those – as Honda CEO Takanobu Ito is finding out – is filling the big shoes of those that came before. Ito's predecessors are apparently not pleased with what he's doing to the company, and are wasting no time in telling him so.
Holden had a crisis of leadership over the past few years. GM's Australian division had three chief executives in as many years, before Mike Devereux steered it through a period of relative stability for the better part of three years. Devereux was succeeded earlier this year by Gerry Dorizas, but after less than eight months on the job, Dorizas is stepping down, too.
Aston Martin has been without a helmsman since Ulrich Bez stepped down from the chief executive office at the end of last year to serve as non-executive chairman in a semi-retired ambassadorial capacity. The British automaker, now on the cusp of a new era, has been running without a CEO since, but has now named Bez's replacement in Andy Palmer.
Takashi Yamanouchi has been with Mazda for a long time. He signed on with the Japanese automaker in April 1967 – one month after graduating from Keio University – and rose through the ranks over the years. By 1996 he was named to the company's board of directors. In 2008 he was named president and CEO, an office he held until 2013, after which he handed over the day-to-day reins to Masamichi Kogai and took up the seat at the head of the board room to serve as the company's chairman.
It's been about two years since DRB-Hicom took over Proton, and through it Lotus. One of its first courses of action was to fire the existing CEO, Dany Bahar, and proceed to scrap most if not all of his (arguably over-) ambitious plans. In his place they put one of their own – Aslam Farikullah – as Chief Operation Officer, but now the Malaysian-owned British automaker has attracted an industry heavyweight to lead it into the future.
Mary Barra has been CEO of GM for less than a month, but she's already receiving major accolades. Barra took the top spot in Fortune magazine's first list of the 50 Global Most Powerful Women in Business, ahead of Ginni Rometty, the chairman and CEO of IBM, in second place and Indra Nooyi, the CEO of Pepsi, in third.