CEO Appointment

FEMSA (NYSE: FMX) announced Jose Antonio Fernández Garza-Lagüera as its next CEO, effective November 1, 2025. Garza-Lagüera, currently CEO of FEMSA Proximity & Health, brings extensive experience from various leadership roles within the company. The appointment follows a structured succession plan. José Antonio Fernández Carbajal will remain Executive Chairman to ensure a smooth transition. Garza-Lagüera currently manages a large operation including over 28,000 stores across multiple countries, showcasing his capabilities to drive FEMSA’s growth, innovation, and sustainability focus.

C3 AI shares plummeted 14% after announcing Stephen Ehikian as CEO and releasing disappointing fiscal first-quarter results. Revenue declined nearly 20% year-over-year to $70.3 million, with a widening GAAP net loss of $0.86 per share. The CEO change, triggered by former CEO Thomas Siebel’s health issues, adds to existing concerns regarding restructuring strategies and recent sales underperformance, which Siebel attributed to the reorganization’s disruptive effects. Ehikian expresses confidence in capturing a larger share of the Enterprise AI market.

Chris Allexandre will succeed founder Gene Sheridan as Navitas Semiconductor’s CEO, effective September 1, 2025. Allexandre, formerly a Senior VP at Renesas, brings over 25 years of semiconductor experience spanning power management across diverse sectors. This appointment aims to accelerate Navitas’ growth in AI data centers and energy infrastructure, leveraging its GaN and SiC technologies. The transition marks a strategic pivot towards higher-power markets, but the departure of the founding CEO could create uncertainties.

Avantor reaffirmed its commitment to shareholder value after Engine Capital’s letter, highlighting strategic efforts to drive growth and returns. Key actions include a new CEO appointment (Emmanuel Ligner, starting August 18, 2025), a $400M cost transformation, business resegmentation, and significant debt reduction ($1.5B). The company emphasizes its robust product portfolio, distribution network, and life sciences relationships, expressing confidence in future value creation under Ligner’s leadership and welcomes continued shareholder dialogue.

Tamboran Resources Corporation announced Dick Stoneburner as interim CEO, succeeding Joel Riddle, and the appointment of Scott Sheffield and Phillip Pace as Non-Executive Directors, replacing John Bell Sr. These changes maintain a nine-member board. Sheffield and Pace bring extensive energy expertise. The company entered an agreement with Sheffield Holdings, its major stockholder. Tamboran reaffirms its commitment to the Beetaloo Basin development and thanked Riddle and Bell for their service.