With the news that Verizon Communications Inc. (NYSE: VZ ) has made a somewhat sudden change in management , ousting CEO Hans Vestberg in favor of incoming Dan Schulman, I wanted to return to the tickerMax Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, and last but not least, the ...

Group 1 - Kering has appointed Francesca Bellettini as the new CEO of Gucci, replacing Stefano Cantino after only nine months [1][2] - Bellettini, who has a background in banking, has been one of Kering's deputy CEOs since 2023 and has overseen several brands including Saint Laurent, Balenciaga, and Bottega Veneta [1] - The appointment comes as Gucci has experienced a decline in sales by double-digits in recent years, prompting Kering to address the issues facing its flagship brand [2] Group 2 - Jean-Marc Duplaix will continue as Kering's COO, but the roles of deputy CEOs will be eliminated under the new leadership of Luca de Meo [2][3] - The management change aims to clarify roles and responsibilities within the executive team, which has been a key concern for analysts and investors [3]