SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan 13, 2026--
GlobalLogic Inc., a Hitachi Group Company and leader in digital engineering, today announced the appointment of LuJean Smith as its new Chief Marketing Officer (CMO). Bringing 30 years of global marketing leadership experience in the technology and consulting sectors, Smith will advance GlobalLogic Marketing as a growth engine, elevating the organization’s brand and showcasing its advanced AI capabilities and collaboration within the Hitachi Group to achieve Hitachi’s management plan "Inspire 2027” strategic priorities. Her appointment is effective January 6.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260113854471/en/
As CMO, Smith will spearhead GlobalLogic’s global marketing strategy, with a focus on amplifying its position as a premier digital engineering partner for the world’s most successful companies. She will lead the development of high-impact, multi-channel campaigns; showcase GlobalLogic VelocityAI, a comprehensive suite of AI-powered service offerings; and highlight the company’s synergistic impact within the Hitachi Group.
“We are thrilled to welcome LuJean Smith to GlobalLogic as our new Chief Marketing Officer,” said Srini Shankar, President and CEO of GlobalLogic. “LuJean is a proven strategist and an award-winning, transformative leader whose extensive experience will be invaluable as we continue to scale our impact. Her expertise will be critical in amplifying GlobalLogic’s leadership in this rapidly evolving, AI-first world.”
Smith’s distinguished career spans three decades, including senior leadership marketing and communications roles at prominent technology and consulting firms such as GE, Siemens, Accenture and Cognizant. Her expertise centers on strategically positioning organizations for enduring market leadership, adeptly translating cutting-edge innovation into powerful customer value, and crafting corporate narratives that deliver a distinct competitive advantage.
“I am incredibly proud to join the talented GlobalLogic marketing team and help tell the company’s powerful story at such a pivotal time,” said Smith. “We’re driving the market momentum as enterprises across every industry strive to leverage the transformative power of Generative, Agentic, and Physical AI. GlobalLogic's commitment to 'Engineering Impact,' coupled with the unparalleled strength and synergy of 'One Hitachi,' means we are uniquely poised to seize this moment and empower our clients to succeed and lead in this new era of digital innovation.”
About GlobalLogic
GlobalLogic, a Hitachi Group Company, is a leading digital engineering partner that helps the world’s most forward-thinking companies design and build innovative, AI-powered products, platforms, and digital experiences. Since 2000, we’ve been at the forefront of the digital revolution, now accelerating clients’ transitions into tomorrow’s AI-driven businesses by integrating experience design, complex engineering, AI, and data expertise. Headquartered in Silicon Valley, GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through AI and technology as the Social Innovation Business.
GlobalLogic Appoints LuJean Smith as Chief Marketing Officer
NEW YORK (AP) — The U.S. stock market is pushing to more records Thursday as companies like Dollar Tree, Snowflake and Hormel Foods keep piling up profits. That's even as oil prices continue to swing and more data shows pressure building on the economy because of the war with Iran.
The S&P 500 added 0.5% to its all-time high set the day before after drifting between small gains and losses earlier in the morning. The Dow Jones Industrial Average was down 10 points, or less than 0.1%, as of 1:26 p.m. Eastern time, and the Nasdaq composite was 0.8% higher after both indexes also set records the day before.
Even with worries about expensive oil and high inflation, the U.S. stock market has run to records largely because U.S. companies keep making more money. Stock prices tend to follow the path of corporate profits over the long term, and companies have been routinely topping analysts' expectations for the first three months of 2026.
Dollar Tree’s stock soared 19% after it became the latest to report fatter profit than analysts expected. CEO Mike Creedon said improved store conditions helped the retailer make more profit off each $1 in sales during the latest quarter despite tariffs adding to its costs. The company also gave a forecast for profit over the full year that topped analysts’ expectations.
Kohl’s rallied 18.9% after the retailer reported better results for the latest quarter than analysts had feared, while Best Buy climbed 18% following its own better-than-expected profit report. Hormel Foods climbed 13.1% after a strong performance for its Jennie-O ground turkey and exports of its Spam luncheon meat helped it report a better profit than analysts expected.
Snowflake rose 38.8% after saying artificial intelligence continues to be a strong driver of its business, and profit and revenue for the latest quarter exceeded expectations.
They helped offset a dip for Marvell Technology, which fell 3.1% after its profit for the latest quarter only matched analysts' expectations. It also said AI is driving big revenue growth for it, particularly its data center business.
In the oil market, prices ticked higher following their latest U-turns. The price for a barrel of benchmark U.S. crude oil rose 0.4% to $89.04, but only after bouncing between $87 and $92. It's been swinging as hopes rise and fall that the United States and Iran may reach a deal to reopen the Strait of Hormuz and get oil flowing again from the Persian Gulf to customers worldwide.
The latest threat to the ceasefire in the war came after U.S. Central Command said Kuwait had intercepted missiles launched by Iran late Wednesday night. That followed earlier “defensive” strikes by the U.S. military on missile launch sites and minelaying boats in southern Iran.
In the bond market, Treasury yields eased after a report said the measure of inflation that the Federal Reserve likes to use accelerated last month but was roughly within economists’ expectations.
The yield on the 10-year Treasury fell to 4.46% from 4.48% late Wednesday after giving up an earlier gain.
Data also showed how U.S. households are less able to save money, with the personal savings rate down to a four-year low of 2.6%, “pointing up the financial pressure on lower- and middle-income families,” according to Gary Schlossberg, global strategist at Wells Fargo Investment Institute.
U.S. households have been saying they’re feeling discouraged about the economy and inflation, even as the stock market keeps chugging along.
High yields in bond markets worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the AI data centers that have supported the U.S. economy’s growth recently.
A report on Thursday said the pace of sales of new U.S. homes unexpectedly slowed last month, as the weight of higher mortgage rates hurts the market.
In stock markets abroad, indexes dipped across much of Europe and Asia. Hong Kong’s Hang Seng fell 1.3% for one of the world’s larger losses.
AP Business Writer Elaine Kurtenbach contributed to this report.
Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)
A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
FILE - A person stands in front of an electronic stock board showing Japan's Nikkei index, seen through the glass wall of an office building in Tokyo, May 7, 2026. (AP Photo/Eugene Hoshiko, File)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, May 28, 2026. (AP Photo/Ahn Young-joon)
A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, May 28, 2026. (AP Photo/Ahn Young-joon)
Asia markets index of Japan, South Korea and Australia is seen on a screen at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, May 28, 2026. (AP Photo/Ahn Young-joon)
