Skip to: Content
Skip to: Site Navigation
Skip to: Search

September 6, 2008 12:48:16 AM CDT

Learn about Newser Points »

Stories related to: CEO

Stories

20 Stories

  • July 2008

    • Alcatel-Lucent CEO, Chair to Quit After 6th Straight Loss

      New York Times  |  Jul 29, 08 6:46 AM CDT

      Alcatel-Lucent CEO, Chair to Quit After 6th Straight Loss

      (Newser) - Patricia Russo, the CEO who led the merger of Alcatel-Lucent, will step down by the end of the year after the troubled telecom giant released yet another grim quarterly report, posting a net loss of $1.73 billion. That figure was much larger than analysts had predicted, and almost double the loss from the same quarter last year, writes the New York Times . The company's chairman will also resign. More »

      Tags

      France  • earnings reports  • telecommunications  • CEO  • telecom  • Alcatel Lucent  • Patricia Russo

    • Rumors About Jobs' Health Hit Ghoulish Point

      CNET  |  Jul 23, 08 8:21 AM CDT

      Rumors About Jobs' Health Hit Ghoulish Point

      (Newser) - Speculation about the state of Steve Jobs' health is reaching fever pitch, and the scramble to know more is over the top, Tom Krazit writes in CNET. Shareholders, concerned by the Apple CEO's recent weight loss and the fact that he once had pancreatic cancer, are calling for full disclosure. But as long as it's not a liability to the firm, Jobs' health should be a private matter, Krazit insists. More »

      Tags

      Apple  • Steve Jobs  • shareholders  • CEO  • pancreatic cancer

    • In Good Times and Bad, Looks Matter

      Washington Post  |  Jul 21, 08 1:07 PM CDT

      In Good Times and Bad, Looks Matter

      (Newser) - Did so many people believe IndyMac CEO Michael Perry's assurances that his company was doing fine because of his baby face? A forthcoming study suggests that soft features like "large eyes, small nose, high forehead and small chin," engender more favorable bias in viewers, the Washington Post reports. The effect only goes so far, however. More »

  • June 2008

    • Embattled AIG CEO Steps Down

      Wall Street Journal  |  Jun 15, 08 3:43 PM CDT

      Embattled AIG CEO Steps Down

      (Newser) - Martin Sullivan has stepped down as AIG's CEO, and the company's board named chairman Maurice Willumstad his successor, insiders tell the Wall Street Journal . The insurance giant's stock has plummeted more than 50% since October due to subprime writedowns, and Sullivan is still embroiled in legal battles with his former boss. The new chief may start with a clean slate, but the state of American real estate remains daunting. More »

    • CEOs Live the Good Afterlife

      Wall Street Journal  |  Jun 10, 08 9:23 AM CDT

      CEOs Live the Good Afterlife

      (Newser) - Corporate critics who say there is not enough connection between performance and executive pay may be gravely concerned to learn that many execs will keep getting sky-high bonuses when they're 6 feet under. A Wall Street Journal review finds dozens of CEOs will receive "golden coffin" payments if they die in office, sometimes in excess of $100 million. More »

      Tags

      death  • corporate earnings  • CEO  • executive compensation  • corporations  • executives  • payoffs

    • Ex-Broadcom Boss Charged With Drugging Exec Drinks

      Wall Street Journal  |  Jun 6, 08 5:27 AM CDT

      Ex-Broadcom Boss Charged With Drugging Exec Drinks

      (Newser) - Broadcom's co-founder has been indicted on an astounding spate of federal fraud and narcotics charges, the Wall Street Journal reports. Henry Nicholas III is accused of using and distributing drugs over a seven-year period while directing a criminal stock options-backdating conspiracy that cost the firm billions. Prosecutors claim he secretly spiked the drinks of technology executives and customers with Ecstacy. More »

  • May 2008

    • Rockefellers' Green Revolt Fails at Exxon

      Guardian (UK)  |  May 29, 08 2:47 AM CDT

      Rockefellers' Green Revolt Fails at Exxon

      (Newser) - A shareholder revolt at Exxon Mobil by descendants of company founder John D. Rockefeller has failed to force management to split up the dual chairmanship and CEO roles of Rex Tillerson. The proposal to appoint an independent chairman in part to stimulate board debate about global warming garnered 40% of shareholder votes at the annual meeting in Dallas, reports the Guardian .  More »

  • April 2008

    • Obama Says McCain All Talk on CEO Pay

      Talking Points Memo  |  Apr 11, 08 4:28 PM CDT

      Obama Says McCain All Talk on CEO Pay

      (Newser) - Barack Obama grilled John McCain on CEO compensation today and continued laying into the public financing system for campaigns. He railed against execs who “make more in one day than their workers make in one year” and called for legislation requiring corporations to let shareholders set pay. He said McCain has “opted for continuing the do-nothing approach of the Bush years” on the issue, reports Talking Points Memo. More »

  • February 2008
  • January 2008

    • Slumping Sears Ousts CEO

      Wall Street Journal  |  Jan 28, 08 9:39 AM CST

      Slumping Sears Ousts CEO

      (Newser) - Sears Holdings CEO Aylwin Lewis will depart as part of company-wide restructuring, the Wall Street Journal reports. Sears stock has plummeted 40% since July, and the retailer's sales were down 3.5% this holiday season. The company, which was created when Kmart Holding Corp. took over Sears in 2005, last week announced a plan to decentralize the chain of command, up capital spending by $200 million, and reformat stores. More »

      Tags

      CEO  • Sears  • Eddie Lampert  • Edward Lampert

    • Starbucks Founder Back in CEO Saddle

      Wall Street Journal  |  Jan 7, 08 7:45 PM CST

      Starbucks Founder Back in CEO Saddle

      (Newser) - Starbucks reacted to slow sales and new competition today by bringing back founder Howard Schultz as CEO, replacing folksy chief exec Jim Donald. "We must address the challenges we face and we know what has to be done," Schultz said. Schultz vows to reignite sales by trimming back US stores and management, and expanding abroad, the Wall Street Journal reports. More »

      Tags

      US economy  • stocks  • Starbucks  • coffee  • CEO  • Howard Schultz

  • December 2007

    • Goldman Sachs Awards CEO $68M Bonus

      MarketWatch  |  Dec 21, 07 8:07 PM CST

      Goldman Sachs Awards CEO $68M Bonus

      (Newser) - Goldman Sachs gave CEO Lloyd Blankfein a $67.9 million bonus for 2007, believed to be one of the largest such payouts in history, MarketWatch reports. The bonus includes $26.8 million in cash and $41.1 million in stocks. Goldman succeeded this year while rivals foundered in the subprime morass; CEOs at poor-performing Morgan Stanley and Bear Stearns did not receive bonuses for 2007. More »

      Tags

      Wall Street  • Goldman Sachs  • Morgan Stanley  • investment bank  • CEO  • bonuses

  • October 2007

    • Activist Investor Amps Up for Sprint Fight

      Wall Street Journal  |  Oct 4, 07 10:40 AM CDT

      Activist Investor Amps Up for Sprint Fight

      (Newser) - Ralph Whitworth isn’t happy with Sprint’s priorities or its management, and he’s one shareholder the wireless carrier can’t just laugh off. The principal of Relational Investors has parlayed small shares in Home Depot and Sovereign into the sacking of those corporations’ CEOs; now he says he’s “lost confidence in [Sprint honcho] Gary Forsee,” the Journal reports. More »

      Tags

      Sprint Nextel  • Sprint  • CEO  • Home Depot  • WiMax  • Gary Forsee  • Ralph Whitworth

  • July 2007

    • What CEOs Read Before They Lead

      New York Times  |  Jul 22, 07 1:42 PM CDT

      What CEOs Read Before They Lead

      (Newser) - Scanning the personal libraries of CEOs, tech gurus and venture geniuses reveals not only what they read but how they think, the Times reports. The well-heeled have taken to housing their exorbitant collections in luxurious, custom-built, private spaces. And if you read between the lines, the literature tends to reflect the collector. More »

      Tags

      business  • book  • literature  • Steve Jobs  • reading  • CEO  • libraries  • Galileo  • Queen Elizabeth I  • Michael Milken

    • SEC Probes Yahoo Posts of Whole Foods CEO

      Washington Post  |  Jul 14, 07 3:59 PM CDT

      SEC Probes Yahoo Posts of Whole Foods CEO

      (Newser) - John Mackey, the Whole Foods CEO who posted attacks on a competitor in Yahoo financial forums, is under scrutiny by the SEC for his anonymous mischief-making. The federal agency is informally investigating whether the posts violate "fair disclosure" rules. They could be a problem for Mackey if officials find that he was deliberately trying to manipulate Whole Foods stock. More »

      Tags

      CEO  • organic food  • Whole Foods  • Wild Oats  • John Mackey

    • Motorola Chief Walks On Razr’s Edge

      BusinessWeek  |  Jul 12, 07 11:22 AM CDT

      Motorola Chief Walks On Razr’s Edge

      (Newser) - Motorola posted its second consecutive quarterly loss yesterday, amplifying calls for the ouster of CEO Ed Zander. Despite the popularity of the Razr handset, the company has likely ceded its second-place position in the cellphone wars to Samsung, and now analysts are doubting it'll turn a profit this year. More »

      Tags

      Wall Street  • Carl Icahn  • Motorola  • CEO  • Ed Zander

  • May 2007

    • Kevin Reilly Quits NBC

      Variety  |  May 29, 07 6:35 AM CDT

      Kevin Reilly Quits NBC

      (Newser) - Kevin Reilly is bolting from his gig as NBC's entertainment president, reports Variety , after network capo Jeff Zucker recruited Reveille head Ben Silverman for a position over him. Reilly—who produced several hits including Heroes and Deal or No Deal —will take his multi-million dollar severance package and most likely join a new network. More »

      Tags

      NBC  • CEO  • NBC Universal  • The Office  • Heroes  • Ugly Betty  • Jeff Zucker  • Ben Silverman  • Deal or No Deal

    • Hillary Tied to Shady Donor

      New York Times  |  May 26, 07 7:10 PM CDT

      Hillary Tied to Shady Donor

      (Newser) - The CEO of infoUSA, a large consumer information broker, has given Bill and Hillary Clinton almost $3 million over the past four years. But a recent legal dustup between Vinod Gupta and his company's shareholders over extravagant spending and political donations is revealing a relationship with the Clintons that, according to the Times, is worthy of pause. More »

    • Top Executive Salaries Soar

      New York Times  |  May 25, 07 8:00 AM CDT

      Top Executive Salaries Soar

      (Newser) - The top bananas of the corporate world are taking in more income in relation to their immediate subordinates than ever before, the Times reports. Wealth is concentrating among the business elite but staying somewhat stagnant among more middling execs—the average gap between #1 and #3 has more than tripled over the last 30 years. More »

      Tags

      US economy  • money  • economics  • wealth  • CEO  • income  • wages  • executive compensation

    • HBO Axes CEO After Arrest

      Los Angeles Times  |  May 10, 07 5:09 AM CDT

      HBO Axes CEO After Arrest

      (Newser) - Chris Albrecht, who turned HBO into a titan with mega-hits "Sex and the City" and "The Sopranos," was fired yesterday in the aftermath of an arrest for choking his girlfriend outside the MGM Grand in Vegas. A temporary leave was announced after Sunday's altercation, but Albrecht was forced out after the LA Times revealed an earlier violent incident HBO had kept quiet.   More »

      Tags

      television  • cable TV  • HBO  • CEO  • alcoholism  • Chris Albrecht

20 Stories

Today's Most Popular

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »