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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: CEO

CEO stories: 106 news summaries

41 - 60 of 106 Stories | << Prev 1 2 3 4 5 6 Next >>

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Obama's Auto Crackdown Worries Bailed-Out Banks

After Wagoner ousting, financials fear similar fate

Mar 31, 09 8:12 AM CDT
(Newser) - After the Obama administration kicked out GM’s boss and said two of the Big Three automakers may benefit from bankruptcy, CEOs of banks bailed out by the government are wondering if there's a bull's-eye on their backs, the Washington Post reports. The risk of such a crackdown has been... More »

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CEO • bank • auto industry • Big Three • Rick Wagoner • Vikram Pandit • bailout • Obama administration • auto bailout • Ken Lewis

Analysis

 Wagoner: Optimist, 
 Survivor, Martyr? 

The long, unhappy reign of Rick Wagoner

Mar 30, 09 1:42 PM CDT
(Newser) - During Rick Wagoner’s 9-year stint at the wheel, GM lost its place as the world’s top automaker, cut tens of thousands of jobs, and saw shares fall from $70 to less than $3. But through it all Wagoner fended off all challengers—including the likes of Kirk Kerkorian—... More »

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General Motors • CEO • auto industry • Rick Wagoner

OPINION

 Magna Cum Fraud: 
 Top Schools for Scoundrels 

People behind financial crisis went to same universities

Mar 24, 09 2:33 PM CDT
(Newser) - Many of the bigwigs involved in the financial crisis went to the same few elite schools, notes Joe Weisenthal in Business Insider. Maybe, he writes, when the crisis begins to fade, we’ll think twice about having another Harvardian or MIT grad running things. Among the offending institutions:
  • New
... More »

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education • CEO • list • New York University • universities • politician • Richard Fuld • financial crisis

AOL Names Former
Google Exec as CEO


Mar 12, 09 6:27 PM CDT
(AP) - AOL is getting a new CEO. Tim Armstrong, a senior vice president at Google, will replace Randy Falco, who took the job in late 2006. Falco is leaving along with president and COO Ron Grant. The shakeup could mean that a Time Warner spin-off of AOL is more likely. Time... More »

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Google • Time Warner • AOL • CEO

Blackwater Founder Steps Down as CEO

Now called Xe, security company regroups, changes focus

Mar 2, 09 11:30 AM CST
(Newser) - Blackwater Security founder Erik Prince stepped down today as CEO of the private security company he built into one of the world's most respected—only to see it become reviled for a 2007 Baghdad massacre in which his testimony incurred congressional wrath, the AP reports. Prince expressed pride in Blackwater,... More »

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Iraq • CEO • Blackwater • resignation • Erik Prince

Freddie Mac's CEO
Moffett Resigns


Mar 2, 09 8:56 AM CST
(Newser) - Freddie Mac CEO David Moffett has notified the company’s board of directors that he will resign both his position and his seat on the board effective March 13, MarketWatch reports. The board is working with the Federal Housing Finance Agency to appoint a successor. "We expect to name... More »

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CEO • resignation • Freddie Mac • David Moffett

Shareholders Rage at Apple Board's Silence on Jobs

Apple board rebuffs requests for updates on CEO's health

Feb 25, 09 4:54 PM CST
(Newser) - Apple shareholders left an annual meeting today upset at the company’s board for staying mum about CEO Steve Jobs’ health, the Wall Street Journal reports. Considered the company’s chief innovator, Jobs rattled Apple’s stock price last month with news that treatment for a hormone imbalance would sideline... More »

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Steve Jobs • CEO • shareholders • Apple • board of directors • hormonal imbalance

ANALYSIS

Missing, Not Missed: CEOs in Obama Cabinet

Prez keeps Wall Street at arm's length, leans on pols, academics

Feb 20, 09 10:02 AM CST
(Newser) - To the multitude of differences between the Obama administration and its predecessors, add the absence of corporate CEOs from Cabinet meetings. The reason is simple, reports Politico: There aren't any. Recent Wall Street-to-Washington catastrophes such as the Bush Treasury Department aren't the only reason, either. "Obama’s more... More »

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Barack Obama • CEO • Henry Paulson • business • Eric Schmidt • Terry McAuliffe • Robert Rubin • Obama administration • Obama Cabinet

GE CEO Scraps His $12M Bonus

Immelt cites 56% stock decline in '08, but says the company isn't actually doing too bad

Feb 18, 09 10:14 AM CST
(Newser) - Jeffrey Immelt has recommended to GE's board of directors that he not get a planned $12 million bonus for 2008, the Wall Street Journal reports. The CEO noted that earnings were "below where we expected," but stressed that even those numbers represent success in the midst of a... More »

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CEO • General Electric • bonuses • Jeffrey Immelt • economy

ANALYSIS

Inquiry Into Jobs' Health
Puts SEC in New Territory

Agency may set precedent on executive privacy

Jan 30, 09 3:33 PM CST
(Newser) - The Securities and Exchange Commission's inquiry into Apple’s disclosures on Steve Jobs’ health has the agency prying into perhaps the last remaining corner of executive privacy, Bloomberg reports. Securities law requires companies to reveal to shareholders information that could affect share price, but the health of executives has usually... More »

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Steve Jobs • investigation • health • CEO • Apple • SEC • inquiry

Obama: $18B in Wall Street Bonuses 'Shameful'

President says he, Geithner will press executives on issue

Jan 29, 09 3:43 PM CST
(Newser) - President Obama denounced huge bonuses to Wall Street executives as “the height of irresponsibility” given the country’s economic hardship, the AP reports. Responding to news that financial firms paid out $18 billion in bonuses last year, Obama described the firms’ actions as “shameful” and vowed that he... More »

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Wall Street • executive compensation • CEO • Treasury Department • bonuses • Obama administration • President Obama • Timothy Geithner

Wary of Image, Financial A-Listers Ditch Glitzy Davos

Top bankers, Obama advisers to skip Swiss summit

Jan 26, 09 8:01 AM CST
(Newser) - The swanky Davos economic summit was once a top destination for financial and economic power players, but many are skipping the glitz this year for fear of sending the wrong message in a tanking economic climate, Reuters reports. Treasury secretary-designate Timothy Geithner is sitting out the resort event, as are... More »

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Citigroup • Bank of America • CEO • Switzerland • Merrill Lynch • John Thain • Vikram Pandit • World Economic Forum • Davos • Timothy Geithner • Lawrence Summers

Commode for 35K? Ousted CEO Thain Had Lavish Taste

Details emerge on $1.2M office work

Jan 23, 09 10:14 AM CST
(Newser) - Recently-axed Merrill Lynch CEO John Thain may have steered his company to a $15.4 billion fourth-quarter loss, but he did so from a really nice office. Details are emerging about Thain's $1.2 million redecoration, Bloomberg reports. Among the purchases noted by CNBC: $87,000 for area rugs, $68,... More »

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CEO • Merrill Lynch • corporate governance • John Thain • recession depression

(Newser) - Former Merrill Lynch CEO John Thain, who became a top exec at Bank of America when the firms merged last year, will resign from his position, CNBC reports. The move comes a week after Bank of America posted its first quarterly loss in 17 years, widely attributed to poor information... More »

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Wall Street • Bank of America • CEO • Merrill Lynch • credit crisis • John Thain • bailout • Ken Lewis

Ex-Time Warner Chief Will Lead Citigroup

Richard Parsons, an Obama adviser, will
be chair of ailing bank

Jan 21, 09 7:57 PM CST
(AP) - Former Time Warner CEO Richard Parsons—an economic adviser on Barack Obama's transition team—will become the new chairman of Citigroup next month. The ailing bank has suffered five straight quarters of losses and received $45 billion in government aid as it struggles to stay afloat amid the credit crisis.... More »

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Citigroup • Richard Parsons • CEO • credit crisis • banking industry

Yahoo to Name Software Exec Its New CEO

Bartz, of Autodesk,
will succeed Yang,
sources say

Jan 13, 09 1:10 PM CST
(Newser) - Yahoo will soon name Carol Bartz as its new CEO after a two-month search for a successor to Jerry Yang, the Wall Street Journal reports. The 60-year-old Bartz served as CEO of Autodesk Inc from 1992 to 2006, and still serves as the company’s executive chairman. She’s... More »

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Yahoo • Internet • CEO • Jerry Yang • search engine • Carol Bartz

 CEO Axings Up 

Downturn puts bosses in the firing line as investors lose patience

Jan 13, 09 6:43 AM CST
(Newser) - Americans are losing their jobs at the fastest rate in many years and chief executives are far from immune, reports the Wall Street Journal. Six publicly held firms have chucked their CEOs in the last 8 days alone. Many others—including big names like GM's Rick Wagoner, Vikram Pandit... More »

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CEO • unemployment • executives • firing • financial crisis

Liz Claiborne CEO Flies Coach to Cut Costs

And he may soon have company

Dec 30, 08 12:47 PM CST
(Newser) - Like most CEOs, William McComb is a jet-setter, flying 200,000 miles a year, give or take. But unlike most CEOs, he does it in the cheap seats, flying exclusively on commercial jets, and almost always in coach. “Every penny counts,” he reasons, given that his company, Liz... More »

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executive compensation • CEO • Liz Claiborne • private jet • financial crisis

ANALYSIS

Exec Pay Likely to Stay
in Stratosphere

Gov't measures to curb cash have backfired with strategies to win execs even more

Dec 21, 08 7:13 AM CST
(Newser) - Will the financial crisis slash the pay of executives who helped get us into the mess? Probably not, if past trends continue, writes David S. Hilzenrath in the Washington Post. When government in the past has fought to curb bosses’ cash flow, corporate boards have generally found a way to... More »

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executive compensation • CEO • corporations • bonuses • regulation • financial crisis

(Newser) - It's not been the best of years for the titans of Wall Street: a few federal bailouts, a housing collapse, and now a Ponzi scheme of mind-boggling proportions can do that. "Where did all that money go?" wonders the website wowOwow.com. And it has a partial answer: Straight... More »

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CEO • James Cayne • Angelo Mozilo • Stanley O'Neal • John Thain • mansion • bankers • Daniel Mudd • Richard Fuld • Bernard Madoff

41 - 60 of 106 Stories | << Prev 1 2 3 4 5 6 Next >>


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