First Pass

14 stories from 10 sources

CEO succession meets a push to rebuild operating models

Day’s Recap

Supporting Articles

Major commercial real estate firms including Blackstone and Brookfield are investing in proprietary AI tools despite the cost and complexity of building them internally. The move signals a deeper commitment to using technology to operate real estate businesses more efficiently.

10:42 AMHousing Wire

BioNTech has appointed Guido Oelkers as its new CEO, replacing cofounder Ugur Sahin. The leadership change puts a new executive in charge of the company as it manages its next phase of growth and strategic development.

7:25 AMStat News

Better Home & Finance Holding appointed board member Daniel Lewis as interim CEO, effective immediately. He replaces founder Vishal Garg, who has stepped down from the leadership role.

5:12 PMHousing Wire

James Daunt is reshaping Barnes & Noble around locally curated stores rather than standardized layouts and publisher-paid shelf placement. The strategy ends co-op deals and bets that distinctive in-store discovery can help the chain compete with Amazon.

3:00 AMFortune

Other Developments

A curated list of other prominent stories from this day.

Citi hired Rohan Sen from Bank of America to lead coverage of the technology services sector within its investment banking franchise. Sen spent 11 years at Bank of America and most recently served as a managing director in its technology investment banking group.

6:00 PMPYMNTS

Atlantic Coast Mortgage has hired Keith Cross as senior vice president of builder relations. He will focus on strengthening partnerships with homebuilders across 42 states and Washington, D.C.

12:29 PMHousing Wire

Toni Schneider has formally become Bluesky’s CEO after serving as interim chief. He says the platform should broaden its community and appeal rather than remain a small, self-contained social network.

11:00 AMThe Verge

FIFA President Gianni Infantino reportedly sought Donald Trump’s backing as opposition grew to a plan to privatize parts of the World Cup. The effort was also tied to concerns about Infantino’s position within FIFA.

10:18 AMAl Jazeera

The article argues that top salespeople resemble elite athletes more than stereotypical natural-born sellers. Their advantage comes from disciplined preparation, repeated practice, and consistent execution rather than charisma, intelligence, or innate talent.

9:59 AMHousing Wire

New Look has appointed Lynda Petherick as CEO as the British fast-fashion retailer expands its use of loyalty data, analytics, and forecasting. The company said those platforms helped lift EBITDA in the first quarter.

7:08 AMWWD

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