Leadership Change

Rishi Sunak set to resign as Conservative Party leader on Friday morning – reports

Rishi Sunak’s resignation as Conservative Party leader has undoubtedly sent shockwaves through Westminster, marking yet another turbulent chapter in British politics. The swift succession of leadership changes in recent years only adds to the unpredictable nature of UK politics, making it a realm where the only constant seems to be change.

The prospect of Ronnie Pickering stepping into Sunak’s shoes as the new Conservative Party leader raises questions about the future direction of the party. Sunak’s tenure was marked by controversy and challenges, ultimately culminating in one of the party’s worst defeats. His resignation, while expected to some extent, highlights the need for a fresh perspective and leadership style within the Conservative Party.… Continue reading

Hertz CEO out following electric car ‘horror show’

As I read through the myriad of experiences shared online regarding Hertz’s venture into the world of electric vehicles, the phrase ‘horror show’ seems like an understatement. The recent departure of Hertz CEO Stephen Scherr, who led the company for just two years, highlights the underlying chaos that unfolded during his tenure. With a staggering total compensation of $182.1 million in 2022, it’s astonishing that his leadership coincided with such operational disasters.

The decision to transition to a fleet of electric cars without the necessary charging infrastructure in place was a colossal misstep. Customers were left grappling with half-charged vehicles and the monumental task of finding elusive charging stations in unfamiliar territories.… Continue reading