Tag Archives: CEO

My Pillow CEO banned by Twitter

Twitter has permanently suspended My Pillow CEO Mike Lindell’s account following his continued unproven claims of widespread voter fraud in the 2020 presidential election. 

Twitter said in a statement shared with multiple news outlets on Monday that the platform banned Lindell due to “repeated violations” of its civic integrity policy. 

Lindell, a vocal supporter of former President TrumpDonald TrumpSchumer: Impeachment trial will be quick, doesn’t need a lot of witnesses Nurse to be tapped by Biden as acting surgeon general: report Schumer calls for Biden to declare climate emergency MORE, has continued to advance claims that the election was “stolen,” even after President Biden was sworn into office last week. 

Twitter’s civic integrity policy prohibits posts that “may suppress participation or mislead people about when, where, or how to participate in a civic process.” 

“You may not use Twitter’s services for the purpose of manipulating or interfering in elections or other civic processes,” the policy states, with five or more violations of the policy resulting in a “permanent suspension.” 

Twitter earlier this month permanently banned Trump from its platform, citing “the risk of further incitement of violence,” following the deadly Jan. 6 rioting at the Capitol. Just before the siege, the former president repeated claims of a rigged election in remarks to his supporters. 

Lindell, popularly known as the “My Pillow guy,” has already faced previous condemnation for advancing unsupported claims surrounding the 2020 election. 

Last week, Dominion Voting Systems, a company targeted by Trump and his allies following the election, threatened Lindell with legal action, writing in a letter to Lindell that he has been a leader of an “misinformation campaign” against the voting machine company. On Monday, Dominion Voting Systems filed a $1.3 billion defamation lawsuit against Trump’s personal attorney, Rudy GiulianiRudy GiulianiThe Hill’s 12:30 Report – Presented by Facebook – GOP senator retires Dominion Voting Systems files .3B defamation suit against Giuliani The next hustle: What we should expect from Trump MORE, over claims about the company.

Lindell also came under scrutiny after he was photographed leaving a meeting with Trump at the White House earlier this month. Zoomed-in shots of the images, taken by a Washington Post photographer, show the partially visible notes appearing to mention “martial law if necessary” and the “Insurrection Act,” an 1806 law that allows the president to mobilize the military and National Guard troops to quell civil disorder or actions of insurrection. 

Bed, Bath & Beyond, Kohl’s and other retailers have since dropped My Pillow products, though a Bed Bath & Beyond spokesperson told The Hill in a statement that the decision was part of a larger effort to “discontinue a number of underperforming items and brands.”



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Apollo CEO Leon Black to Step Down Following Review of Jeffrey Epstein Ties

Leon Black plans to step down as chief executive of Apollo Global Management Inc. after an independent review revealed larger-than-expected payments to disgraced financier Jeffrey Epstein that it nevertheless deemed justified.

The monthslong review by Dechert LLP found no evidence that Mr. Black was involved in the criminal activities of the late Epstein, who was indicted in 2019 on federal sex-trafficking charges involving underage girls, according to a copy of the law firm’s report that was viewed by The Wall Street Journal.

In its report, Dechert found the fees that the billionaire had paid Epstein were for legitimate advice on trust- and estate-tax planning that proved to be of significant value to Mr. Black and his family. Mr. Black paid Epstein a total of $148 million, plus a $10 million donation to his charity—far more than was previously known.

Mr. Black wrote in a letter to Apollo’s fund investors that he would cede the role of CEO to co-founder Marc Rowan on or before his 70th birthday on July 31 while retaining the role of chairman. In the letter, a copy of which was viewed by the Journal, Mr. Black detailed other governance changes he is recommending to the board, including the appointment of more independent directors and the elimination of Apollo’s dual-class share structure.

Mr. Black also pledged to donate $200 million of his family’s money to women’s initiatives.

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Herman Miller C.E.O. Grapples With Politics and Pandemic

When Andi Owen took over the furniture company Herman Miller, in 2018, she didn’t expect to get caught up in politics. But these days, it seems no chief executive is safe from the culture wars.

Over the last year, Ms. Owen, a former executive at the Gap, has had to mollify a work force shaken by the same polarizing forces straining the nation. On her factory floor in the battleground state of Michigan, wardrobe choices — from Make America Great Again hats to Black Lives Matter T-shirts — have provoked arguments among employees. In response, Ms. Owen has tried to hold together a company already tested by the pandemic and slumping sales.

“We’ve tried to create opportunities for people to have frank conversations, for them to get together and discuss the hard topics of the day,” she said. “I don’t think these are new problems. But whether it’s about race, or inclusiveness, or whether it’s about what’s happening in the world today, these are all things you have to talk about.”

At the same time, Ms. Owen has been steering Herman Miller through a pandemic that closed offices worldwide — an existential threat to a company that makes office furniture and owns Design Within Reach, an upscale retailer.

Ms. Owen went to Interlochen Arts Academy, a Michigan boarding school focused on the arts. It was there that she first learned about Herman Miller, which produces iconic pieces by famous midcentury designers such as Isamu Noguchi and Charles and Ray Eames, and modern office staples like the Aeron chair.

Ms. Owen then studied art history at the College of William and Mary, and started working in retail. A job at The Gap led to a series of senior roles at the retailer, culminating in her leadership of the Banana Republic brand, before she moved to Herman Miller.

This interview was condensed and edited for clarity.


Did getting a liberal arts degree have an impact on your career?

It’s helped me in a lot of ways. I learned a lot about people. I learned a lot about history. I learned a lot about observation. I’ve always approached any job I’ve ever had as a generalist and an observer of human nature.

Some people would say I’m not good at any one thing. I’m sort of OK at a lot of things. And that’s OK. I’ve surrounded myself with people that are a lot smarter than me. But I have a little bit of a broader point of view, and an experience that doesn’t necessarily pigeonhole me into thinking one thing or another.

I had a mom who was an educator and a dad who is this free spirit musician. And all my mom ever said to me was, “When you go to school, learn what you love. You’ll have plenty of time for a career and it won’t matter anyway.” So I really did spend time doing what I loved, and I think it’s been an advantage.

Unlike a lot of C.E.O.s, you never got an M.B.A.

I actually applied and got accepted. I was in my late 30s, and as I was talking to a woman in admissions and she said, “It’s great. We don’t have that many middle-aged women that are interested in these programs because they’re all having families.” And I was like, “Not me. I’m good.” And then of course I got pregnant and didn’t go.

You get to a certain point in your career where getting a standard M.B.A. is a little bit of a waste of time, because you’ve learned too much along the way. But I went back and got an executive M.B.A. at Harvard, which kind of filled in the gaps.

The Gap has obviously had its ups and downs. What did the company get right, and what did it get wrong over the years?

I was fortunate enough to be there for the really, really good years, when the stock was splitting every year. And I was there to watch the decline.

The Gap was at its best back in the day when the trusted editor was important, when you played a role helping people understand what they needed. We had a lot of success early on. But when you’re super successful and you don’t change, you get afraid. That ability to take risks — to think about how the company could be different, to reinvent yourself from the inside — it became impossible. And a lot of great people got fed into the wood chipper trying to bring The Gap back.

When the digital revolution hit I went into the online part of our business. And I remember one of my bosses telling me, “No one will ever buy clothes online. This is going to be the biggest mistake of your career. What are you doing?” That really was the way people were thinking back then.

We just didn’t change fast enough. And we were really out of touch with the customer. When you rely on a playbook that was successful in the past, and you don’t understand where your customer is going, it’s a prescription for disaster.

How did your time at The Gap shape your thinking about what you do at Herman Miller?

I interviewed a guy who became my head of digital. He had worked in retail, and he said, “Do you know what excites me most about coming to this industry? I feel like I’m going from making landfill to making heirlooms.”

I feel similarly. These are products that you hope you’re going to hand down. With some of the Banana Republic cashmere sweaters I made, I hope somebody hands those down. But I know the millions and millions of T-shirts we made probably aren’t getting handed down.

What happened when the pandemic hit, and how did you find your way out of it?

We’d never closed down our plants before, and there we were all of a sudden. We shut down all of our plants in 12 hours, and every day was a new lesson in crisis management.

There have been nights when I have sat down at the end of the day and shed a few tears because of it. The human toll from this pandemic has been not just the death toll, but people’s lives and jobs, whole industries wiped out. We capped out at 400 layoffs and people who opted out [about 5 percent of the work force], and we’ve done our best to keep that number where it is. But we’ve also designed a new product in times that we never thought we could. So it’s been a real balance of, “Hey, right now is really crappy,” and, “We’re going to get through it.”

Your core business has held up surprisingly well during the pandemic. Who is buying so much office furniture right now?

Our international business is strong. The parts of the world that have gotten out of the pandemic — certain parts of Asia, New Zealand — they’ve moved on.

Now the biggest questions that C.E.O.s and people that are planning space have are: “Hey, what does the distributed work force look like? What does my new office need to look like?” It certainly can’t be what it was. People don’t want employees to come back to what it was.

At first it was, “How do I make it safe? How do I put barriers everywhere?” Now the conversation has evolved to, “How do I make it a compelling environment?”

What are some of the answers to that question?

It is a fascinating variety. Financial companies are like, “We’re coming back to exactly what it was. We’re not going to change much of anything.” And then some of the tech companies in Silicon Valley are like, “Who needs an office ever again?”

I’m not sure either one of those are necessarily the answer. Along that continuum, most people are landing in a place of, “Gosh, what do people miss?” So whether that’s innovation, creativity or collaboration, how do you create environments where people can have those kinds of things? Depending on the industry, I think we’re going to see a whole lot of different solutions in this first year or two.

At Herman Miller, we’re taking all of our office environments and using this time while we have people working remotely to completely renovate them. They’re our own little test labs.

Herman Miller isn’t an inherently political company, so how do you deal with a moment like this, when there is so much rancor, including among your own employees?

We have got to unify, we’ve got to talk. We have to have respect and kindness and we have to listen. What happened at the Capitol was not OK. On the other hand, I have to make sure that we’re listening to one another, and are trying to find commonality.

Sometimes I yearn for the days when I was back in Berkeley, Calif., and I could walk down the street and everybody thought the same way. But you know, everybody is in Michigan. So you have to make the folks on the right feel comfortable, and you have to make the folks on the left feel comfortable. That’s a challenge as we get more and more divisive as a society. Sometimes you have to agree to disagree because you’re so far apart. But for us, it’s been about encouraging respect and encouraging kindness.

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21-year-old daughter of Allina Health CEO and Minnesota Supreme Court Justice found dead

When officers arrived they found Chutich, who was identified by family as the victim, on the ground of the parking lot. She was pronounced dead at the scene by medical personnel. 

According to the release, Chutich was a student at Iowa State University.

Officers canvassed the area and conducted follow-up interviews. Police say that there does not appear to be any threats to the community and the investigation will continue. 

Anyone with information regarding the incident is asked to call Ames Police. 

In a statement, Chutich’s parents said, “It is with great sadness that we confirm that Olivia Chutich, our beloved daughter, died in Ames, Iowa. Olivia was the light of our lives. We ask for privacy as we grieve this unimaginable loss. Thank you.”

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Tesla CEO donates to carbon capture technology prize

GRUENHEIDE, GERMANY – SEPTEMBER 03: Tesla head Elon Musk talks to the press as he arrives to to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Musk is currently in Germany where he met with vaccine maker CureVac on Tuesday, with which Tesla has a cooperation to build devices for producing RNA vaccines, as well as German Economy Minister Peter Altmaier yesterday.

Maja Hitij | Getty Images

Tesla and SpaceX CEO Elon Musk has announced that he is donating $100 million towards a prize for the best technology that can capture carbon dioxide.

Musk, who overtook Amazon founder Jeff Bezos to become the world’s richest person this month, made the announcement on Twitter late Thursday, saying he would share more details next week.

“Am donating $100M towards a prize for best carbon capture technology,” Musk tweeted to his 42.7 million followers.

Carbon capture is the process of trapping waste carbon dioxide either directly from the air, or just before it gets emitted from factories and power plants.

With the latter, the first step is often to install solvent filters on factory chimneys, which catch the carbon emissions before they’re released into the Earth’s atmosphere. Once captured, carbon dioxide can then be shipped or piped somewhere it can’t escape from (often deep underground) to prevent it contributing to global warming.

Most of the captured carbon dioxide remains underground, but some of it can also used to make plastics and fizzy drinks.

Why is carbon capture needed?

Global carbon dioxide emissions have soared over the last 100 years, leading to unprecedented global warming and climate change.

There are currently around 20 carbon capture, usage and storage (CCUS) projects operating commercially worldwide, according to the International Energy Agency.

The agency said that 30 new projects had been agreed since 2017, but stressed that many more were needed to prevent carbon emissions from raising the temperature on Earth by more than 1.5 degrees Celsius above pre-industrial levels.

The IEA believes CCUS projects could reduce carbon emissions by almost a fifth, while also slashing the cost of tackling the climate crisis by 70%. Adapting heavy industry to run on clean energy is relatively difficult and expensive compared to installing carbon capture systems.

U.S. President Joe Biden has pledged to put more of a focus on cutting emissions than his predecessor and said he wants the U.S. to be carbon neutral by 2050.

‘Plant more trees’

The prize that Musk has said he will contribute to is connected to the Xprize Foundation, TechCrunch reported, citing an anonymous source. The foundation is a nonprofit that puts on competitions to promote and support innovation.

According to the Bloomberg Billionaire Index, Musk has a total net worth of $201 billion, while Bezos has $193 billion. Microsoft founder Bill Gates is the next wealthiest person, with a total net worth of $134 billion.

Musk recently asked his Twitter followers what he should do with his money.

“Critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems),” he tweeted Jan. 8.

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Jane Krakowski denies undercover romance with MyPillow CEO Mike Lindell

Jane Krakowski is throwing cold water on her alleged undercover romance with MyPillow CEO Mike Lindell — and the star says she’s more likely to have a relationship with Kermit the Frog, according to her rep.

The “30 Rock” star, 52, and the bedding bigwig, 59, had a secret romance, according to the Daily Mail, after they met at a studio while filming a show and a relationship blossomed.

A source quipped to the publication of the odd couple, “We’d always joke that Jane had so much money, couldn’t she afford her own My Pillow?”

The bedding titan allegedly wooed the Broadway star with flowers and gifts for nearly a year, the report said. 

“He sent flowers to her almost every week and champagne and bottles of different liquor,” a second source shared with the publication.

“She said she had known him for about eight years and that they had been friends but then they started a relationship about a year ago. I don’t know exactly what she saw in him but she seemed happy and thought he was a good man,” the source continued.

A source further told the Daily Mail of the couple: “They would fight and Jane would throw all of the gifts that he had given her away. Then they would make up and there would be more gifts again.”

Lindell is just as famous for his recovery from drug addiction as he his for his pillows, and he allegedly impressed Krakowski with his real life rags-to-riches story. Sources reportedly said they were surprised the couple clicked because of their political differences.

The Daily Mail report said that, “Jane was impressed that Mike had turned his life around, from his recovery from crack cocaine and alcohol addiction to now being sober and worth hundreds of millions of dollars.” But that their relationship reportedly ended over the summer after the “Name that Tune” host met someone else.

But Krakowski and Lindell denied ever having met, the report said.

When Page Six reached out for comment about the alleged relationship, Krakowski’s rep told us: “Jane has never met Mr. Lindell. She is not and has never been in any relationship with him, romantic or otherwise.  She is, however, in full fledged fantasy relationships with Brad Pitt, Rege-Jean Page and Kermit the Frog and welcomes any and all coverage on those.”

Page Six first heard rumblings about the relationship back in November. But at the time, a friend of the actress told us, “I don’t know where this silly rumor came from, but it was circulating awhile back and went away and now [it’s back] again. I don’t get it!”

Lindell apparently told the Daily Mail, “I have never even heard of Jane Krakowski???”

Lindell has four children from his previous marriage. Krakowski shares son Bennett with ex-fiancé Robert Godley.

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