CEO

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Whole Foods CEO 'Regrets' Calling ObamaCare 'Fascism'

John Mackey: I meant 'dictionary definition' of the word

(Newser) - John Mackey says he shouldn't have used the word "fascism" to refer to ObamaCare—but any dictionary would tell you he's technically right, he tells the Huffington Post . "I regret using that word now because it's got so much baggage attached to it," the...

JPMorgan Cuts CEO Dimon's Pay in Half—to $11.5M

Meanwhile, traders at Morgan Stanley get IOUs

(Newser) - That sound you're hearing is probably Wall Street's tiniest violin playing for Jamie Dimon. As many expected , JPMorgan Chase's board slashed the CEO's salary in response to the "London Whale" disaster, dropping his incentive pay a backbreaking 53.5% to $10 million, leaving him a...

Intel CEO to Step Down
 Intel CEO to Step Down 
Nov 19, 2012 9:39 AM CST

Intel CEO to Step Down

After 40 years with the company, Peter Otellini retires

(Newser) - Intel CEO Paul Otellini will retire in May, ending a nearly 40-year stint at the company, including what will be eight years in the top job, the chip maker announced today. "It's time to move on and transfer Intel's helm to a new generation," the 62-year-old...

Citigroup CEO Steps Down
 Citigroup CEO 
 Steps Down 
Oct 16, 2012 7:57 AM CDT

Citigroup CEO Steps Down

Vikram Pandit, COO John Havens out; Michael Corbat to take over

(Newser) - Citigroup CEO Vikram Pandit is leaving his post effective immediately, to be replaced by the bank's Europe, Middle East, and Africa head, Michael Corbat, Reuters reports. Chief operating officer John Havens is also stepping down, notes the AP . "Now is the right time for someone else to take...

Barclays' New CEO: 'Mild-Mannered' Non-Banker

Antony Jenkins brings fresh take, but lacks investment banking experience

(Newser) - Barclays named a new CEO today after a surprisingly brief search, and he couldn't be more different from outgoing CEO Robert Diamond. The Wall Street Journal describes new boss Antony Jenkins as a "mild-mannered Brit," while Fox Business calls him "soft spoken," in sharp and...

As Facebook Shares Tank, Calls for Zuckerberg's Head

Investors wonder if he's 'in over his hoodie'

(Newser) - With Facebook stock continuing to find new lows , grumbles have started on Wall Street. "There is a growing sense that Mark Zuckerberg, talented though he may be, is in over his hoodie as CEO of a multibillion-dollar public company," one researcher tells the LA Times . Zuckerberg owns too...

Marissa Mayer Will Likely Fail at Yahoo—But Don't Blame Her

Farhad Manjoo: She's great, but she has a near-impossible task

(Newser) - Marissa Mayer has said she likes to feel a little over her head, and her decision to leave Google to run Yahoo certainly must qualify, writes Farhad Manjoo at Slate . Mayer is great, but Yahoo is a bloated, unfocused mess. Lately, it has "flitted from one new Web fad...

Duke CEO Resigns After 1 Day—With $44.4M

Board preferred old boss's management style

(Newser) - Hours after Bill Johnson became CEO of Duke Energy, its board sought his resignation—which it received at 12:01am the day after he took the job. Such a quick change is practically unknown in US history, the Wall Street Journal notes—and nearly as shocking is the $44.4...

Google CEO: 'Nothing Seriously Wrong With Me'

Larry Page sends email about health after skipping shareholders meeting

(Newser) - Wall Street was abuzz today with rumors about Google CEO Larry Page's health after he skipped yesterday's shareholder meeting and the company said he'd miss two upcoming events as well. So much so that Page wrote an email to employees to say that "there is nothing...

This Man Makes More Than You Would in 3.5K Years
 This Man Makes 
 More Than You 
 Would in 3.5K Years
IN CASE YOU MISSED IT
May 27, 2012 7:00 PM CDT

This Man Makes More Than You Would in 3.5K Years

David Simon's 2011 pay package worth more than $137M

(Newser) - You might want to wait to read this until you're somewhere it's OK to scream: It would take the average American worker 3,489 years to make as much money as one top CEO took home in just one year. David Simon of shopping mall developer Simon Property...

Yahoo Ex-CEO: I Have Cancer

Illness linked to decision to step down

(Newser) - In a surprise revelation, former Yahoo CEO Scott Thompson has told board members and colleagues that he has been diagnosed with thyroid cancer, sources tell the Wall Street Journal . Thompson stepped down as CEO after it was discovered that he did not have a college degree in computer science, as...

Yahoo Board Probes CEO&#39;s Fake R&eacute;sum&eacute; Debacle
Yahoo Board Probes CEO's Fake Résumé Debacle
UPDATED
May 8, 2012 7:39 AM CDT

Yahoo Board Probes CEO's Fake Résumé Debacle

Scott Thompson apologizes; director in charge of vetting to step down

(Newser) - Yahoo’s board is investigating the mess surrounding CEO Scott Thompson’s inflated résumé , and is hiring a law firm to oversee the matter, the Wall Street Journal reports. After shareholder Third Point LLC discovered Thompson has only an accounting degree, rather than a degree in computer science and...

Yahoo CEO Accused of Inflating Resume

Scott Thompson doesn't have computer science degree, shareholder discovers

(Newser) - Activist Yahoo shareholder Dan Loeb appears to have vetted CEO Scott Thompson more carefully than the company's board did. In his bio and regulatory filings, Thompson claimed to have a double degree in computer science and accounting from Stonehill College, but his only degree is in accounting, Loeb discovered....

Zynga Blows $1.4M on CEO Security

With a decent chunk going to his own security company

(Newser) - Zynga CEO Mark Pincus must be a really important guy, because his company is spending a whopping $1.37 million on his personal security, the Wall Street Journal reports. Of that, $596,000 went to a company owned by—you guessed it—Pincus himself. In regulatory filings, the firm says...

Another Steve Jobs Doll Is Out

The iCEO is going for $60

(Newser) - Cuddle up with your favorite CEO: A 15-inch plush stuffed doll of the late Steve Jobs is now for sale. The "iCEO," released by pillow company Throwboy , will set you back $60. It features removable glasses, a black turtle neck, and real denim jeans, reports Mashable . The toy...

CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch
CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch
study says
Feb 14, 2012 11:58 AM CST

CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch

Study finds they spend a third of their time in meetings

(Newser) - It's no big secret that CEOs can make completely ridiculous amounts of money; what is less obvious to some is what they do that's so darn valuable. A group of London School of Economics and Harvard Business School scholars decided to dig into one aspect of CEOs' work...

Sorry, Mitt, America Isn&#39;t a Business
 Sorry, Mitt, 
 America Isn't 
 a Business 
Paul Krugman
Jan 13, 2012 1:27 PM CST

Sorry, Mitt, America Isn't a Business

The goal isn't to boost profits: Paul Krugman

(Newser) - Mitt Romney is running on the premise that America needs a successful businessman to become CEO and turn it around. There's a glaring flaw in that argument, writes Paul Krugman of the New York Times : "America is not, in fact, a corporation. Making good economic policy isn’t...

America's Top CEOs Had a Nice Fat 2010

How nice? Their compensation jumped 27% to 40%

(Newser) - Today, in Depressing Coincidences in Journalism, we're greeted with the news that nearly 50% of Americans are living below the poverty level or very close to it—and the news that America's top CEOs saw their 2010 pay jump a crazy 27% to 40%. The latter revelation comes...

Virginia Rometty Named First Female CEO of IBM
 IBM Names First 
 Female CEO 
Oct 26, 2011 8:51 AM CDT

IBM Names First Female CEO

Global sales boss Virginia Rometty to take reins next year

(Newser) - IBM, long seen as a slow-moving boys’ club, has named its first female CEO. Global sales head Virginia Rometty will take over from Sam Palmisano in January, making IBM the highest-valued US corporation run by a woman, Reuters reports. Industry and Wall Street observers applauded the decision, which retains Palmisano...

Meg Whitman to Take Over at Hewlett-Packard?

Insiders say strugging company may dump CEO Leo Apotheker

(Newser) - Meg Whitman may have lost out on her bid to be governor of California, but she might soon be back in a high-profile business post, reports Bloomberg . It quotes anonymous sources who say Hewlett-Packard's board may fire CEO Leo Apotheker and replace him with Whitman on an interim basis....

Stories 101 - 120 | << Prev   Next >>