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  • UPDATE 1-CEO of Freeport's Indonesian unit steps down Monday, 18 Jan 2016 | 10:09 AM ET

    JAKARTA, Jan 18- The chief executive of Freeport McMoRan Inc's Indonesian unit, Maroef Sjamsuddin, has resigned, a spokesman said on Monday, less than a month after the chairman of the U.S. mining giant stepped down. Freeport, which operates one of the world's largest copper and gold mines in Indonesia's far-eastern Papua region, is a key source of resource revenue...

  • *To be replaced by board member Hans Van Bylen. BERLIN, Jan 18- German sportswear firm Adidas has appointed Henkel's Kasper Rorsted as its new chief executive after the 53- year-old Dane succeeded in cutting costs and boosting profits during an eight-year reign at the consumer goods group. Rorsted, who will leave Henkel in April, will take charge of Adidas on Oct. 1,...

  • UPDATE 1-Walmex names Louheiro CEO from February Thursday, 14 Jan 2016 | 4:38 PM ET

    MEXICO CITY, Jan 14- Mexico's Walmex, the country's biggest retailer, on Thursday named Guilherme Loureiro its new chief executive from Feb. 1. Ostale was CEO of Walmex for just over a year, after previous CEO Scot Rank stepped down in December 2014. A federal probe into the allegations has found few major offenses, and is likely to result in a much smaller case than...

  • Walmex names Louheiro CEO from February Thursday, 14 Jan 2016 | 4:14 PM ET

    MEXICO CITY, Jan 14- Mexico's Walmex, the country's biggest retailer, on Thursday said it named Guilherme Loureiro its new chief executive from Feb. 1.

  • WALMART DE MEXICO NAMES GUILHERME LOUREIRO AS CHAIRMAN AND CEO AS OF FEB 1.

  • Jan 13- Dominion Diamond Corp said on Wednesday its executive chairman will step down and be replaced by Jim Gowans, a mining industry veteran, who will take over as non-executive chairman no later than April 30. The Canadian diamond producer, which has been under pressure from an activist shareholder group, also said Josef Vejvoda has been appointed to the board.

  • Daily Mail CEO Morgan to step down at end of 2016 Wednesday, 13 Jan 2016 | 2:44 AM ET

    LONDON, Jan 13- Daily Mail& General Trust said its chief executive Martin Morgan would step down by the end of 2016, bringing an end to a spell in which he turned the publisher of the Daily Mail newspaper and website into a global media firm. DMGT said the lengthy notice period would give it time to consider both internal and external candidates.

  • Jan 12- Set-top box maker TiVo Inc named Chief Financial Officer Naveen Chopra interim chief executive, as incumbent Tom Rogers takes on the role of non-executive chairman. Chopra, 42, has been with TiVo since 2003 and will take charge as interim CEO effective January 30. He will continue as CFO, the company said on Tuesday.

  • Obama needs to focus on tax reform: CAT CEO Tuesday, 12 Jan 2016 | 11:01 AM ET
    Doug Oberhleman, chairman and CEO of Caterpillar, chairman of the Business Roundtable

    Obama and Congress need to focus on tax reform and other crucial policies in 2016, says CAT CEO and Business Roundtable Chair Doug Oberhelman.

  • Jan 8- Discount store chain Dollar Tree Inc said Howard Levine, the chief executive of its unit Family Dollar, will leave the company after completing his role in integrating the two companies. Dollar Tree said Gary Philbin, who was named Family Dollar's president and chief operating officer in July, will lead Family Dollar. Levine was criticized by billionaire...

  • Jan 8- Discount store chain Dollar Tree Inc said Howard Levine, the chief executive of Family Dollar, will leave the company effective Jan. 15. Dollar Tree said Gary Philbin, who was named Family Dollar's president and chief operating officer in July, will lead Family Dollar. Dollar Tree became the No.1 discount store chain in the United States after it bought...

  • Jan 7- Standard Chartered Plc said Deputy Chief Executive Mike Rees would step down from his role on April 30 and leave by year-end, the latest veteran to exit the emerging markets-focused bank. Since taking over in June, Chief Executive Bill Winters has cut jobs and shut units globally as he seeks to restore the fortunes of the bank. The company's shares, which had...

  • Standard Chartered says deputy CEO Rees to step down Thursday, 7 Jan 2016 | 1:44 PM ET

    Jan 7- Standard Chartered Plc said Deputy Chief Executive Mike Rees would step down from his role on April 30. Rees, who has worked at the bank for 26 years, will leave on Dec. 31, Standard Chartered said in a statement. The move follows a management shake-up in July that saw Chief Executive Bill Winters take more direct responsibility for the bank's biggest units,...

  • UPDATE 1-M&S CEO Marc Bolland to retire in April Thursday, 7 Jan 2016 | 2:31 AM ET

    LONDON, Jan 7- Marc Bolland will step down as the boss of Marks& Spencer in April, bringing an end to six difficult years at the British retailer following yet another poor Christmas trading. The 132- year-old stalwart of Britain's shopping streets said on Thursday that Bolland had informed the board he would go in April and the firm has appointed Steve Rowe, the...

  • M&S CEO Marc Bolland to retire in April Thursday, 7 Jan 2016 | 2:11 AM ET

    LONDON, Jan 7- British retailer Marks& Spencer said on Thursday its Chief Executive Marc Bolland would retire in April after six years in the role and be succeeded by Steve Rowe, the current head of its non-food business. The firm said Bolland will remain CEO and on the board until the end of the current financial year on April 2 2016.. M&S announced the news as it...

  • Jan 6- Morgan Stanley on Wednesday promoted its investment banking chief, Colm Kelleher, to president, making him the heir apparent to current Chief Executive James Gorman, and prompting Greg Fleming, the head of wealth management, to depart. Fleming, who was once seen as a likely successor to Gorman before losing out in a management reshuffle in October, on...

  • Jan 6- Drugmaker Valeant Pharmaceuticals International Inc on Wednesday named Howard Schiller as interim chief executive officer to replace Michael Pearson, who has been on medical leave due to pneumonia. Before Valeant, he worked in investment banking at Goldman Sachs for 24 years. Valeant shares were down 3 percent at $97.19 in premarket New York trading.

  • Valeant appoints Howard Schiller interim CEO Wednesday, 6 Jan 2016 | 8:34 AM ET

    Jan 6- Canadian drugmaker Valeant Pharmaceuticals International Inc appointed Howard Schiller its interim chief executive, effective immediately. Schiller has stepped in for Michael Pearson, who remains hospitalized with a severe bout of pneumonia, Valeant said on Wednesday. Schiller was previously Valeant's chief financial officer from December 2011...

  • Jan 5- Spirit Airlines Inc on Tuesday named board member Robert Fornaro as chief executive officer in a move analysts say may nudge it towards a merger with Frontier Airlines and improve its results after a year of unit revenue decline. Fornaro headed AirTran Holdings Inc for nearly four years until Southwest Airlines Co bought it in 2011. Analysts say his...

  • Jan 5- Yum Brands Inc, the owner of Pizza Hut and KFC restaurant chains, said executive chairman and former CEO David Novak plans to retire in May. The company, which is spinning off its dominant China business, said it plans to appoint a non-executive chairman from its board. Novak, 63, will also step down from Yum's board, but will remain a shareholder at both Yum and...