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The former head of San Francisco software company is being held without bail after a federal grand jury indicted him on embezzlement charges.
Cigarette maker Lorillard Inc. has begun seeking a successor to Chief Executive Martin L. Orlowsky, whose contract expires next year, the company said in a regulatory filing Thursday.
This holiday season, J.C. Penney CEO and Chairman Myron E. Ullman III is armed with a lineup of exclusive fashion brands he helped bring to the department store chain, and he's ready to battle key rivals like Macy's.
In a move that signals Tyson Foods Inc. believes its chicken business is again profitable, the world's largest meat maker has named a new CEO to replace interim head Leland Tollett, who had been tapped in January to help weather an industry downturn.
EchoStar Corp. said Wednesday that President and CEO Charles Ergen has stepped down from those posts and is being succeeded by board member Michael T. Dugan.
DirecTV Group Inc. chose the vice chairman of PepsiCo Inc. as its chief executive Wednesday, filling a vacuum created when its former chief left just as the nation's largest satellite TV provider was in the midst of a spinoff.
GMAC Financial Services says Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender remains in negotiations with the government over its third round of taxpayer aid.
Federal regulators may try to collect bonus money awarded to the top executive of Beazer Homes USA Inc. covering periods when the homebuilder restated financial results.
With Bank of America Corp. CEO Ken Lewis retiring in less than seven weeks, analysts don't see any candidate emerging as a front-runner for his successor.
American International Group Inc.'s CEO Robert Benmosche said Wednesday he plans to stay in his job at the embattled insurer.
Thor Industries Inc. said Tuesday its chairman and CEO Wade F. B. Thompson has stepped aside due to illness and has been replaced on an interim basis by the company's vice chairman.
The CEO of Semiconductor Manufacturing International Corp. is stepping down after the company agreed to pay $200 million to settle a legal dispute with rival Taiwan Semiconductor Manufacturing Co.
U.S. auto sales should recover a bit next year but will remain at depression levels through 2010 until housing prices and job cuts stabilize, the CEO of the nation's largest auto dealer chain said Monday.
Casino operator Pinnacle Entertainment Inc.'s CEO and chairman resigned Monday, less than a week after allegedly telling a St. Louis County Council member that voting in favor of another company's casino was the worst move of the council member's career.
Investigators are looking into the behavior of Pinnacle Entertainment Inc.'s CEO during a zoning vote by the St. Louis County Council this week on a casino complex being developed by another company.
Chemical company FMC Corp. said Friday it named Pierre Brondeau as its president and CEO, effective Jan. 1.
Carl-Peter Forster, the chief executive of General Motors Europe who runs its struggling Opel unit, will leave the company, GM said Friday.
DuPont's CEO Ellen Kullman said Thursday the chemical company is well positioned to outperform the market and global competitors as the economy makes a recovery.
Black & Decker Corp. Chief Executive Nolan D. Archibald will not receive a $20.5 million severance package following Stanley Works' purchase of the tool maker but may receive a bonus of $45 million if cost savings goals are met in three years.
The U.S. Olympic Committee picked the team that will search for a new CEO, hoping to replace Stephanie Streeter by the end of the year.
State Street Corp. said Thursday that Chairman and CEO Ronald Logue will retire in March under a succession plan that will promote President and Chief Operating Officer Jay Hooley to the bank's CEO post.
There are some life experiences few will ever have. And as the oldest of nine children and CEO of a Fortune 500 company, John Lechleiter has a couple under his belt.
A Web where Chinese is the dominant language, and connections are so fast that distinctions between audio, video and text are blurred is perhaps just five years away, the head of Google said Wednesday.
Immersion Corp., which develops touch-feedback technology, said Wednesday its CEO Clent Richardson has resigned effective immediately.
Capping a year in which he faced shareholder fury, regulatory scrutiny and was stripped of his chairman post, outgoing Bank of America Corp. CEO Ken Lewis will get no salary or bonus for 2009 under an agreement with the government's pay czar.
If Salaries Matched Arrogance, AIG's Benmosche is Worth Every Dime of $3M-PlusAIG's CEO Robert Benmosche is one arrogant and clueless piece of work -- like a reincarnation of Marie Antoinette. According to The New York Times, AIG's CEO Robert Benmosche is so upset about pay restraints the U.S.
The decade of Steve Jobs, CEO of Apple (Fortune's CEO of the Decade)Superlatives have attached themselves to Jobs since he was a young man. Now that he's 54, merely listing his achievements is sufficient explanation of why he's Fortune's CEO of the Decade (though the superlatives continue).
No salary for Bank of America CEO Ken Lewis - Oct. 15, 2009Spokesman for BofA asks the question "when does law apply to this administration.
American Express President To Leave; Co Shuffles Management"Al made clear to me that he wanted the opportunity to run a company as chief executive," said Chairman and Chief Executive Kenneth I. Chenault.
When faced with indisputable evidence regarding corruption by ACORN workers, Bertha Lewis decides to attack the messenger, file a lawsuit against the film makers, blame Republicans for spreading lies, and remain unrepentant the entire time.
Bank of America CEO Has $53 Million In Pension Benefits Waiting For Him In RetirementKen Lewis doesn't have a golden parachute, but he's all set for a comfortable landing -- unlike his long-suffering shareholders.
Linda McMahon goes on the air in ConnecticutThis is a campaign ad brought to us by Linda McMahon who is attempting to get the Republican nomination to run against Chris Dodd in Connecticut. It is a 36 second action packed, very odd ad that is worth watching. There are not many like this one.
SPIEGEL Interview with Goldman Sachs CEO: 'We Didn't Realize How Bad Things Would Get' In a SPIEGEL interview, Goldman Sachs CEO Lloyd Blankfein, 55, discusses his astronomical bonuses, the mistakes and failures of his bank prior to the start of the global financial crisis and his proposals for better regulating financial markets.
High Roller AXP CEO Chenault dining at Boston's Scampo Where would you take your family and friends for a dining experience? Keep in mind that money is no object when you're among the highest paid CEOs in the TARP pool of '08. Also keep in mind you're Buffett's favorite boy.
Heineken CEO says brand has a problem in USHeineken is feeling the impact of the economic crisis; sales our down especially in mature Western markets. 'People still love Heineken; they're just a bit more cautious right now,' says Heineken CEO Jean-François van Boxmeer.
CtW Investment Group Calls for Whole Foods Board to Remove Chair and CEO John Mackey; Says Brand-Risk From His WSJ Anti-Healthcare Editorial UnacceptableThe CtW Investment Group called on the Whole Foods Market (NYSE: WFMI) board to remove CEO John Mackey as Chairman and to begin the process of naming a new CEO in a letter to Whole Foods' lead independent director, Dr. John Elstrott, yesterday afternoon.
2008: 7 of 10 top paid US CEO's are from oil & gas companiesThe study ranks CEOs on "total realized compensation," which includes cash pay and bonus, perks, plus the value of stock options exercised and the vesting of restricted shares, Ruel said.
Blackstone CEO Stephen Schwarzman made $842 million in 2008 THE highest-paid US chief executive collected $US702.4 million ($842.6 million) in pay in 2008 as the recession deepened, a report by a US shareholder rights organisation shows.
The Spectecutive Branch. by Mark Steyn. Monday, August 03, 2009... an Arlen Specter defender ... writes:
Lately, I find myself stewing over the multi-million dollar bonuses that are being thrown around like candy to selfish, thoughtless, insensitive fools who know how to hustle people just right.
CEO gives board members a pornographic surpriseThe CEO of a municipal housing company in Dalarna in central Sweden has been reprimanded after pornographic pictures popped up during a recent presentation to the company's board.
Downsizing for Fun, Profit, and ChaosManagements "that engage in downsizing to cut costs, increase profits, and reduce redundancies," as the Conference Board paper notes, "prematurely proclaim 'mission accomplished' when these targets have been achieved without taking into account the human capital assets …
Steve Jobs Probably Won't Come Back to AppleSo sayeth Brian X. Chen... ...in January of 2009.
Interview with new CEO of Air Canada on spin offs from ACInterview with new CEO of Air Canada on spin offs from AC
Median pay for top execs of Northwest companies goes down for first time in several yearsMedian pay for the chief executives of publicly traded companies in the Washington, Oregon and Idaho region dropped 6 percent to $1.18 million, reversing several straight years of steep increases, according to a new analysis for The Seattle Times.
Palm names Rubinstein CEO days after Pre launch | Technology | ReutersPalm Inc named Jon Rubinstein its CEO on Wednesday, hoping the former Apple executive will usher in a new era for a company seeking to revive its fortunes with a fresh smartphone launched last weekend.
Obama's Not So Private Economic ConundrumWall Street is quietly cheering and encouraging the moves of a neophyte CEO. You would too, if you controlled the game.
Orlando Health, Florida Hospital CEOs earn their pay, and then someMike Thomas, columnist for the Orlando Sentinel, seems to think that Hospital CEOs should make big bucks because CEOs from other industries make lots of money. Reading Mr. Thomas sounds like reading the cover letter for John Hillenmeyer's resume.
Whenever I broach the fact that from 1991-2007, Massachusetts had a cavalcade of Republican Governors, I am met with bewilderment.
Buck vs. Mc - Masters & Blasters of Mass Nasty Exhibit'ryBuckmaster urged McMaster to "reconsider and retract your remarks, and positively affirm that you have no intention of launching criminal investigations aimed at any of these upstanding companies, because in truth none of them are deserving of such treatment."
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