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$TGNA also said Gracia Martore, CEO and a member of its BoD, will retire upon closing of the spin-off, which is expected to take place in 1H17. Dave Lougee, currently President of TEGNA Media, will replace Martore, and Alex Vetter will be CEO of the new Cars.com. Lougee and Vetter will also serve on the Boards of $TGNA and Cars.com, respectively.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.