P&G Brings Back Lafley as CEO
Consumer-products giant Procter & Gamble brings back its former CEO, A.G. Lafley, a 33-year industry veteran, who left in 2009.
Consumer-products giant Procter & Gamble brings back its former CEO, A.G. Lafley, a 33-year industry veteran, who left in 2009.
JPMorgan Chase Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties.
Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
Barnes & Noble's Leonard Riggio, Dell's Michael Dell and Best Buy's Richard Schulze each want to save the troubled companies they founded from the pains of publicly traded life. But are their plans powered by sound thinking, or wishful thinking?
Apple has been one of the world's most innovative companies, revolutionizing our lives -- and charging a premium to do it. Now, its stock has been on a six-month downward run, and understanding the real reason why might help guide your other investment choices.
CEOs of struggling companies managed to avoid the axe and will head into 2013 with their jobs intact... for now. We decided to take stock of a few of these endangered executives to assess which ones will get through 2013 in one piece.
When Ron Johnson took over as CEO of JCPenney in January, his mantra was "no more coupons." But since the retailer switched to a model of everyday low prices without constant promotions, comparable-store sales have fallen 20 percent, and JCPenney has started to backtrack.
RadioShack CEO James Gooch has agreed to step down immediately and is leaving its board of directors. Chief Financial Officer Dorvin Lively will serve as its interim CEO while it looks for a permanent replacement, the company said.
Best Buy said Tuesday that it was a mutual decision, and that there were no disagreements with Brian Dunn on any matter relating to operations, financial controls, policies or procedures.
Wall Street's bad bonus year did not extend to Citigroup's c-suite. CEO Vikram Pandit, who said he'd take a salary of $1 until Citi returned to profitability, pulled in nearly $14.9 million this year, and his fellow top officers took home big raises too.
If Netflix's poorly received rate hike and Qwikster fiasco didn't leave you questioning CEO Reed Hastings' ability to lead the video buffet operator, Monday night's quarterly report should do the trick. But it'll take more than strategic missteps and fumbled apologies to send the CEO packing.
Stephen Elop may be thrilled to have his first year as CEO of Nokia out of the way. After all, in the past 12 months, the struggling mobile-phone maker has seen its share price and market share plummet, and the bad news just keeps coming. But it's too soon to count Elop out.










