Latest news with #CEOresignation


Fast Company
a day ago
- Entertainment
- Fast Company
Astronomer hires Gwyneth Paltrow as a spokesperson after Coldplay kiss cam scandal
Astronomer—the company whose CEO resigned after being caught on a kiss cam at a Coldplay rock concert embracing a woman who was not his wife —is trying to move on from the drama with someone who knows the band pretty well. Actress Gwyneth Paltrow, who was married to Coldplay's frontman Chris Martin for 13 years, announced Friday on X that she has been hired by Astronomer as a spokesperson. Astronomer, a tech company based in New York, found itself in an uncomfortable spotlight when two of its executives were caught on camera in an intimate embrace at a Coldplay concert—a moment that was then flashed on a giant screen in the stadium. CEO Andy Byron and human resource executive Kristin Cabot were caught by surprise when Martin asked the cameras to scan the crowd during a concert earlier this month. 'Either they're having an affair or they're just very shy,' Martin joked when the couple appeared on screen and quickly tried to hide their faces. In a short video, the Shakespeare in Love and Ironman star said she had been hired as a 'very temporary' spokesperson for Astronomer. 'Astronomer has gotten a lot of questions over the last few days and they wanted me to answer the most common ones,' Paltrow said, smiling and deftly avoiding mention of the kiss cam fuss. 'We've been thrilled that so many people have a newfound interest in data workflow automation,' she said. 'We will now be returning to what we do best—delivering game-changing results for our customers.' When footage from the kiss cam first spread online, it wasn't immediately clear who the couple were. Soon after the company identified the pair, and Byron resigned followed by Cabot. The video clip resulted in a steady stream of memes, parody videos, and screenshots of the pair's shocked faces filling social media feeds. Online streams of Coldplay's songs jumped 20% in the days after the video went viral, according to Luminate, an industry data and analytics company.
Yahoo
2 days ago
- Business
- Yahoo
AEM Holdings CEO Amy Leong to be replaced by CTO Samer Kabbani
In an SGX filing, AEM says Leong is leaving her role because of 'board-led leadership realignment for growth' Amy Leong, CEO of AEM Holdings, has resigned, having served just one year in this role. Samer Kabbani, currently president and chief technology officer of the company, will take over with effect from Monday, July 28. In an SGX filing on July 27, AEM says Leong is leaving her role because of "board-led leadership realignment for growth." AEM's chairman, since 2011, is Loke Wai San, whose investment firm Novos Tellus was a key investor in AEM. Leong took over from previous CEO Chandran Nair, who served as the CEO between July 2020 and June 2024. Kabbani has been with the company since Sept 2020 and has led the company's next-generation test technology roadmap. He was previously executive vice president at Advantest and Astronics Test Systems, respectively. As described in AEM's website, Kabbani "is a prolific innovator with more than 30 registered patents in areas of advanced thermal management, photoresist processing, factory automation, and vision alignment and inspection." In a separate press release, Kabbani says he is "honoured" by the board's confidence and is "excited" to lead the company into its next chapter. "AEM is uniquely poised to capitalise on the exciting wave of AI-driven semiconductor innovation. "With our thermal technologies and automation expertise, we are solving real problems for the world's most advanced semiconductor companies. We will continue to focus on innovation in test, deepen our customer relationships, and work with our customers, partners, and employees to continue scaling our impact," he adds. Loke, the chairman, says Kabbani's leadership is central to AEM's long-term strategy. "Together with the broader AEM leadership team, the board is confident that the group will continue to deliver diversified growth through our innovative technology platforms," he adds. In a note on July 28, DBS points out that Kabbani's appointment ensures continuity and deep technical leadership. Nonetheless, "the abrupt leadership change and relatively short tenure of the outgoing CEO may weigh on sentiment in the near term." AEM shares closed at $1.72 on July 25, up 1.78%, following a higher price target call on July 25 by DBS amid an overall bullish market. From an earlier target price of $1.50, Amanda Tan and Ling Lee Keng of DBS now rate this counter as worth $2.10. In their July 28 note, DBS has kept the "buy" call and $2.10 target price. Kabbani has been with the company since Sept 2020 and has led the company's next-generation test technology roadmap / Photo: AEM Holdings website See Also: Click here to stay updated with the Latest Business & Investment News in Singapore Intel slides after CEO struggles to show turnaround on track AEM upgrades 1HFY2025 revenue guidance AEM forges ahead amid testing times Read more stories about where the money flows, and analysis of the biggest market stories from Singapore and around the World Get in-depth insights from our expert contributors, and dive into financial and economic trends Follow the market issue situation with our daily updates Or want more Lifestyle and Passion stories? Click here


Globe and Mail
3 days ago
- Entertainment
- Globe and Mail
After Coldplay KissCam scandal, Astronomer hires Gwyneth Paltrow as ‘very temporary' spokesperson
Astronomer – the company whose CEO resigned after being caught on a KissCam at a Coldplay rock concert embracing a woman who was not his wife – is trying to move on from the drama with someone who knows the band pretty well. Actress Gwyneth Paltrow, who was married to Coldplay's frontman Chris Martin for 13 years, announced Friday on X that she has been hired by Astronomer as a spokesperson. Astronomer, a tech company based in New York, found itself in an uncomfortable spotlight when two of its executives were caught on camera in an intimate embrace at a Coldplay concert – a moment that was then flashed on a giant screen in the stadium. CEO Andy Byron and human resource executive Kristin Cabot were caught by surprise when Martin asked the cameras to scan the crowd during a concert earlier this month. 'Either they're having an affair or they're just very shy,' Martin joked when the couple appeared on screen and quickly tried to hide their faces. The viral Coldplay kiss-cam video shows digital sleuthing can go too far After viral Coldplay kiss-cam video, advice for workers on when private relationships become your employer's concern In a short video, the 'Shakespeare in Love' and 'Ironman' star said she had been hired as a 'very temporary' spokesperson for Astronomer. 'Astronomer has gotten a lot of questions over the last few days and they wanted me to answer the most common ones,' Paltrow said, smiling and deftly avoiding mention of the KissCam fuss. 'We've been thrilled that so many people have a newfound interest in data workflow automation,' she said. 'We will now be returning to what we do best – delivering game-changing results for our customers.' When footage from the KissCam first spread online, it wasn't immediately clear who the couple were. Soon after the company identified the pair, and Byron resigned followed by Cabot. The video clip resulted in a steady stream of memes, parody videos and screenshots of the pair's shocked faces filling social media feeds. Online streams of Coldplay's songs jumped 20% in the days after the video went viral, according to Luminate, an industry data and analytics company.


South China Morning Post
3 days ago
- Entertainment
- South China Morning Post
Firm in Coldplay drama hires Chris Martin's ex-wife Gwyneth Paltrow to ‘answer questions'
Astronomer – the company whose CEO resigned after being caught on a KissCam at a Coldplay rock concert embracing a woman who was not his wife – is trying to move on from the drama with someone who knows the band pretty well. Actress Gwyneth Paltrow, who was married to Coldplay's frontman Chris Martin for 13 years, announced on Friday on social media that she has been hired by Astronomer as a spokeswoman. Astronomer, a tech company based in New York, found itself in an uncomfortable spotlight when two of its executives were caught on camera in an intimate embrace at a Coldplay concert – a moment that was then flashed on a giant screen in the stadium. CEO Andy Byron and human resource executive Kristin Cabot were caught by surprise when Martin asked the cameras to scan the crowd during a concert earlier this month. 'Either they're having an affair or they're just very shy,' Martin joked when the couple appeared on screen and quickly tried to hide their faces. Chris Martin of Coldplay performs in Pasadena, California, in September 2023. Photo: AP In a short video, the Shakespeare in Love and Ironman star said she had been hired as a 'very temporary' spokeswoman for Astronomer.


Al Arabiya
3 days ago
- Entertainment
- Al Arabiya
Company involved in Coldplay KissCam drama hires Gwyneth Paltrow as spokesperson
Astronomer – the company whose CEO resigned after being caught on a KissCam at a Coldplay rock concert embracing a woman who was not his wife – is trying to move on from the drama with someone who knows the band pretty well. Actress Gwyneth Paltrow, who was married to Coldplay's frontman Chris Martin for 13 years, announced Friday on X that she has been hired by Astronomer as a spokesperson. Astronomer, a tech company based in New York, found itself in an uncomfortable spotlight when two of its executives were caught on camera in an intimate embrace at a Coldplay concert – a moment that was then flashed on a giant screen in the stadium. CEO Andy Byron and human resource executive Kristin Cabot were caught by surprise when Martin asked the cameras to scan the crowd during a concert earlier this month. 'Either they're having an affair or they're just very shy,' Martin joked when the couple appeared on screen and quickly tried to hide their faces. In a short video, the 'Shakespeare in Love' and 'Ironman' star said she had been hired as a very temporary spokesperson for Astronomer. 'Astronomer has gotten a lot of questions over the last few days and they wanted me to answer the most common ones,' Paltrow said, smiling and deftly avoiding mention of the KissCam fuss. 'We've been thrilled that so many people have a newfound interest in data workflow automation,' she said. 'We will now be returning to what we do best – delivering game-changing results for our customers.' When footage from the KissCam first spread online, it wasn't immediately clear who the couple were. Soon after, the company identified the pair and Byron resigned, followed by Cabot. The video clip resulted in a steady stream of memes, parody videos, and screenshots of the pair's shocked faces filling social media feeds. Online streams of Coldplay's songs jumped 20 percent in the days after the video went viral, according to Luminate, an industry data and analytics company.