resignation
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?
Electrolux (ELUXY) named Keith McLoughlin as president and CEO after Hans Stråberg notified the board that he wishes to leave the company.
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McLoughlin will succeed Stråberg on January 1, 2011, Electrolux said in a statement. McLoughlin is currently in charge of...
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.
Top Aide to Former Hewlett-Packard CEO Hurd Resigns
6:41AM 8/12/2010
Company News, Technology, People, Media, Hewlett-Packard, Retail, Stocks in the News
A top aide to former Hewlett-Packard (HPQ) CEO Mark Hurd resigned abruptly.
Caprice Fimbres McIlvaine, formerly head of internal communications at the company, resigned effective Aug. 9, three days after Hurd's departure, Fortune reported. McIlvaine acted as "something of a chief of staff to...
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...
Carl Icahn exits Yahoo's board to focus 'on other matters'
8:00PM 10/23/2009
After a tumultuous year-long adventure trying to influence the management of Yahoo, Carl Icahn, the Wall Street billionaire gadfly, has resigned from the company's board. After wading into Microsoft's $47.5 takeover attempt on Yahoo last year, Icahn, who owns about 5 percent of Yahoo shares, said...
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...
A man quit his job Monday in a creative and tasty way: He wrote his resignation letter in frosting (click to see his flickr photo) on a full sheet cake.
I don't know if his next job will be at a bakery, but his creativity should lead to another job where it can be put to good use.
Here's his...
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