resign
CEO Shuffle: Three Major Corporate Chiefs Are Stepping Down
12:15PM 9/01/2011
Company News, Bank of America, Costco, Bank of New York Mellon, Stocks in the News
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.
Potential Buffett Successor David Sokol Resigns Under Stock Trading Cloud
9:45AM 3/31/2011
Company News, People, Investing, Goldman Sachs , Moody's Corp, Berkshire Hathaway, Citigroup, Market News
David Sokol, widely viewed as the heir apparent to famed investor Warren Buffett, abruptly resigned Wednesday. What investors want to know now is who's still in the running to succeed Buffett as CEO. Here are four possibilities.
What Google's Executive Reshuffle Means for Investors
10:50AM 1/21/2011
Company News, Technology, Columns, Investing, Google , Facebook
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, embracing risk over short-term profits? Or have the risk-takers gone soft?
Borders CFO Resigns: Another Sign of Trouble for the Books?
7:00PM 8/23/2010
In a tumultuous year, book retailer Borders is dealing with another bump: It's chief financial officer, Mark Bierley, has resigned "to pursue another employment opportunity" -- nine days before the company is scheduled to post quarterly earnings.
AIG execs threaten to quit if pay is cut
10:01AM 12/07/2009
Government compensation czar Kenneth Feinberg may not be able to rein in salaries as much as he wants, thanks to threats by five high-ranking executives at AIG to quit if they are told they have to take a significant pay cut. On Dec. 1, the five executives, including general counsel Anastasia Kelly...
Dell in a handbasket: Should founder Michael Dell resign?
1:30PM 11/20/2009
With apologies to Warren Buffett, it's only when the tide comes in that you learn who can swim. With waves of growth on the horizon for the tech sector, it's becoming increasingly apparent that Dell (DELL), the declining PC powerhouse, cannot swim. So maybe it's time for Michael Dell (pictured) to...
Genentech's Levinson quits Google, as feds probe Apple's board
11:30AM 10/12/2009
Company News, Technology, Google , Microsoft, Apple, Verizon
Facing a federal conflict-of-interest probe, Arthur Levinson, chairman of biotech giant Genentech, resigned from Google (GOOG)'s board on Monday. The move comes nine weeks after Google CEO Eric Schmidt left the board of Apple (AAPL), where Levinson also serves. The presence of both men on Apple's...
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