ceo

CEO Departures: In January, 96 Top Bosses Moved Out

Last month, 96 CEO changes were announced by U.S. based companies, reports job-services firm Challenger, Gray & Christmas, among them the heads of Google and Advanced Micro Devices. The number is down 9% from December, but 8% higher than January 2010, when 89 CEOs left their corner offices behind.

Job No. 1 for Larry Page: Halt Google's Brain Drain

When Google co-founder Larry Page replaces Eric Schmidt as CEO, he'll have a host of things to worry about: ad revenues, growth, Facebook, privacy concerns and just how to get the company's rebel groove back. But first on his agenda will have to be reversing the flow of top employees out the door.

What Google's Reshuffle Means for Investors

As Larry Page takes the reins from CEO Eric Schmidt, the questions for investors are: Will Facebook keep gaining on Google? Or will Page steer it back to its original counter-corporate spirit, to embracing risk over short-term profits? Or have the risk-takers gone soft?

Three U.S. Stocks to Buy After China's White House Visit

President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China's markets, which could boost their stocks. But only a few are actually good investments now.

Without Steve Jobs, What Kind of Apple Would Carry On?

The company has already proved that it can thrive while the CEO is away. But what's still not clear is whether Apple can remain far more than a tech company once he truly retires. Whose vision can possibly keep Apple the cultural phenomenon that Jobs has made it?

CEOs 'Encouraged' by Business Talks with Obama

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy and the country's international competitiveness Wednesday.

New Year Hurdles: Top 10 Challenges for CEOs in 2011

With the recession over -- in a sense, anyway -- some CEOs are just happy to still be standing. After three years of turmoil, there's even cautious optimism about the year ahead. But for those whose job is to steer a company to profits and growth, there are plenty of worries ahead. Here's our list of top CEO challenges for 2011.

Obama Meeting With 20 Top CEOs

President Barack Obama will meet with 20 top CEOs today as he seeks to improve relations with the business community. The invitation list largely shuns Wall Street in favor of high-flying tech companies. Eric Schmidt of Google (GOOG) will be there, as will Paul Otellini of Intel (INTC), according to CNN.

CEO Departures in November Fall to Year's Lowest Level

Though the job market remains challenging, for one group, the labor market was at its steadiest of the year last month. The number of chief executives departing their jobs fell to 79 in November, the lowest monthly number of 2010, according to job-services firm Challenger, Gray & Christmas.

Undercover Boss Steven Foster Rolls With the Punches

Steven Foster, CEO of upscale bowling chain Lucky Strike Entertainment, was hands down the most easy-going 'Undercover Boss' yet. The hit CBS reality show is still as phony as the toupee he had to wear, but the episode was fun, and Foster, who founded the Lucky Strike, doesn't need to prove anything to anybody.

Private College Presidents Rake in Millions of Dollars

Bernard Lander, founder of Touro College, received compensation of more than $4 million in 2008, making him the top-paid private college president that year. Touro trustees awarded the money to Lander after deciding he had been underpaid during his tenure as president, The Chronicle of Higher Education reported. Lander died in February, aged 94.

Fewer CEOs Headed for the Exit in October

The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporate chiefs, appears to be stabilizing.

Occidental Petroleum Names Stephen Chazen as CEO

Occidental Petroleum (OXY) promoted COO Stephen Chazen to the position of CEO, effective May 2011. Chazen will replace Ray Irani, who will continue as full-time executive chairman, the company said in a statement.

Blockbuster Considers Switching CEO

Blockbuster, (BBICP) the movie-rental chain that filed for bankruptcy last month, may have a new CEO by the end of the year. The company has agreed to hire a headhunter to look for new blood once it emerges from bankruptcy protection, The Wall Street Journal said without naming its sources.

Why Chris Silva Left the Courtroom for the Winery

The former lawyer who dealt with financial and real estate litigation and trials explains how -- and why -- he joined St. Francis Winery & Vineyards in Sonoma, Calif., where he's now CEO and guiding it through the current economic downturn.

United-Continental Merger Lands Execs a Big Pay Raise

Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded -- at least monetarily. Not so at the new United Continental Holdings, where big post-merger raises are coming for top management.

Campbell Soup CEO Conant to Step Down

Campbell Soup Company (CPB) CEO Douglas Conant will step down on July 31, 2011 after more than a decade in the post. Denise Morrison, currently the president of the company%u2019s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.

HP Forecasts a Healthy 2011; No Hints on New CEO

Hewlett-Packard (HPQ) forecast healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. The company gave no hints as to who its new CEO may be, almost two months after Mark Hurd stepped down following allegations of abusing his expense account.

Hurd's Salary as Oracle President: $950,000

Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle (ORCL), according to a regulatory filing. Hurd, who resigned as CEO of Hewlett-Packard (HPQ) last month over allegations of falsified expense claims, will also have the option to buy 10 million shares in Oracle, and a further 5 million shares in each of the next five years.

BMW Aims to Boost Sales to 2 Million Units a Year

Bayerische Motoren Werke AG aims to boost sales to more than 2 million a year by 2020 by widening the 6-series and Mini model lines as well as bringing in a battery-powered car for city driving. BMW, which sold 1.29 million cars last year, is trying to fend off competition in the luxury car segment from Volkswagen (VLKAY) and Audi, Bloomberg News reported.

Barclays Appoints Robert Diamond as CEO

British bank Barclays PLC (BSC) appointed Robert Diamond Jr. as CEO, according to The Wall Street Journal. Diamond is currently the head of Barclay%u2019s investment banking business. He will replace John Varley, who will step down on March 31, The Wall Street Journal said.

Lawyers: New CEO Pay Disclosure Rule a 'Logistical Nightmare'

A new rule forcing U.S. companies to disclose the ratio between their chief executive%u2019s pay and that of the typical employee is a "logistical nightmare%u201D", lawyers say. "It%u2019s just not do-able for a large company with tens of thousands of employees worldwide," Richard Susko, a partner at Cleary Gottlieb told The Financial Times.

BHP Billiton Warns It Won't Buy Potash Corp 'At Any Cost'

BHP Billiton (BHP), the world%u2019s largest mining company, warned that it is not willing to buy Potash Corp (POT) "at any cost." CEO Marius Kloppers made the warning after announcing bumper profits for the first half of the year, Reuters reported.

3M May Spend $2 Billion on Acquisitions This Year

Office supply maker 3M Co (MMM) may double its planned spending on acquisitions to $2 billion this year as it aims to boost its oversea operations. "We told Wall Street that we would spend probably a billion dollars or north of that," CEO George Buckley told Reuters. "It could be double that number by the time the year is out."