management change

Who Will Be IBM's Next CEO?

IBM has realigned its executive suites and expanded the roles of four of its top managers, according to an internal memo sent to employees Monday -- a move that potentially paves the way for one of them to become the successor to CEO Sam Palmisano.

H&R Block Shares Tumble on CEO's Departure

Shares of tax preparer H&R Block fell 8% on Thursday as the company changed leadership on when Russ Smyth left his post as president and CEO to head a private company in Chicago and Alan Bennett was elected to replace him by the board of directors.