resign

CEO Shuffle: Three Major Corporate Chiefs Step Down

Announcements made late Wednesday and early Thursday revealed that three large companies -- Wendy's, Costco, and Bank of New York Mellon -- are losing their CEOs. And while the first two cases sound like they'll result in smooth transitions, the third comes as something of a shock.

With Sokol Out, Who's in Line to Succeed Buffett?

David Sokol, a top executive at Berkshire, left Warren Buffett's empire abruptly on Wednesday. Although the SEC claims not to be investigating the reasons, and he says the choice was personal, its hard not to see a connection to Berkshire's recent purchase of Lubrizol, which was a big windfall for Sokol.

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?