executives

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CEO Axings Up
 CEO Axings Up 
Jan 13, 2009 6:43 AM CST

CEO Axings Up

Downturn puts bosses in the firing line as investors lose patience

(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 of...

As NBC Falters, Real Drama Is Behind the Scenes

Network moves to consolidate amid executive shakeup, poor ratings

(Newser) - When NBC announced a sweeping shakeup last week, it confirmed just how bad things are at the network, the Los Angeles Times reports. Ratings are down 14% this season, just as companies are dramatically slashing advertising budgets in the face of recession. “This is not a good time to...

Job-Hunting Execs Find It Tight at the Top

Financial crisis leads to surplus of six-figure jobseekers

(Newser) - Laid-off execs scrambling to find new six-figure salaries are facing fierce competition, Time reports. Thousands of high-end white-collar jobs have vanished recently, and many more are expected to go. Some top-level vacancies are still appearing, as execs retire or change jobs, but companies looking to fill their most powerful positions...

Wall Street Execs Ponder Slashing Their Own Pay

Bailed-out finance firms may cut compensation to silence critics

(Newser) - Top Wall Street execs are considering heading off public outrage by cutting their own pay, insiders tell the Wall Street Journal. The big financial firms pay out billions in bonuses to their execs every year. They now fear a public relations disaster is looming as critics charge that the $125...

Lazy Bosses Go Wayyyy Back
 Lazy Bosses Go Wayyyy Back 
Jun 10, 2008 6:54 PM CDT

Lazy Bosses Go Wayyyy Back

From Clinton to Cleopatra, honchos sure know how to delegate

(Newser) - Think your boss is the first to delegate the duties and enjoy sunny days on the links? Such indulgences go way back, writes Stanley Bing in Fortune. Two thousand years ago, Cleopatra ruled Egypt by dazzling the male rulers of her time. More recently, America’s beloved Ben Franklin lived...

CEOs Live the Good Afterlife
 CEOs Live the
 Good Afterlife 
Jun 10, 2008 9:23 AM CDT

CEOs Live the Good Afterlife

Lavish 'severance' payments go to heirs if bosses die at the helm

(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...

Top US Execs Victimized by Devious Phishing Scam

Virus, disguised as subpoena, thought to come from Singapore or China

(Newser) - American executives are the latest targets of an incognito email virus that comes packaged as an authentic-looking subpoena demanding the corporate heads appear before a California grand jury. There have been several victims of the attack, the New York Times reports, which is thought to originated in Singapore or China—...

Congress Grills Oil Execs Over Skyrocketing Prices

Honchos place some blame at legislators' feet

(Newser) - Top oil executives faced a panel of angry lawmakers on Capitol Hill today, as Congress fumed over the disparity between the companies’ hefty profits and soaring prices, the Washington Post reports. Said one rep, “I believe the laws of supply and demand when it comes to oil and gas...

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