Leadership Corporate Leaders


  • KLA-Tencor Former CEO Charged With Fraud by SEC Wednesday, 25 Jul 2007 | 3:21 PM ET

    The U.S. Securities and Exchange Commission said on Wednesday that it has charged the former chief executive of KLA-Tencor with fraud for his involvement in a stock options backdating scheme.

  • Disney Mouse Takes On Smokin' Joe Camels Wednesday, 25 Jul 2007 | 1:54 PM ET
    Disney Cigarettes

    The "Mouse" is fighting Joe Camel and coming out against the tobacco industry. Just moments ago Disney CEO Bob Iger announced the company's new commitment to remove cigarette smoking from future Disney branded films. Disney made this news public not in Hollywood, but on the national stage of Congress. Iger declaring his company's new commitment in a letter to House Rep. Ed Markey (D-Mass), who last month held a hearing on smoking in the media, asking media companies to join the anti-smoking effort.

  • Facebook Names Former YouTube Finance Chief as New CFO Wednesday, 25 Jul 2007 | 11:41 AM ET

    Gideon Yu, 36, became chief financial officer of video-sharing sensation YouTube in September of last year, shortly before the company was acquired by Google in a $1.65 billion deal.

  • XM Satellite Radio

    XM Satellite Radio said Tuesday that Hugh Panero, its chief executive and a company founder, will step down in August.

  • Sam Zell And Tribune Deal: Less Than He Bargained For? Tuesday, 24 Jul 2007 | 1:33 PM ET
    Sam Zell

    Sam Zell fought for and won the Tribune acquisition with a whopping $8.2 billion dollar deal. But now, a day ahead of Tribune's quarterly earnings report it looks like Zell might have gotten a bad deal--less than he bargained for, if we're talking revenue. Now he has about a month in which he can still back out of the deal, which would send this buyout target back into bidding chaos. And then there's the issue of whether shareholders will approve the takeover at the upcoming August 21 shareholder meeting.

  • Producing a morning show on a Monday is always a tricky bit of business, but what’s often saved the day for the “Squawk Box” staff is a plethora of merger and acquisition deals struck over the weekend... At precisely 6am, private equity struck again: Cerberus announced a deal to buy United Rentals for $4 billion, excluding debt. ... Also: landing Sirius' CEO Mel Karmazin on CNBC.

  • Rupert Murdoch

    Today, the Bancroft family is meeting in Boston to discuss Rupert Murdoch's Dow Jones bid, which the DJ board recently signed off on. The family is gathering at the Hilton Hotel in downtown Boston--starting with a lunch at one pm, and then meetings scheduled until 8p, ET. They're getting briefed by the family lawyer Michael Elefante about the details of the takeover bid, then they'll have time to raise concerns and ask questions.

  • In an interview on CNBC, Sirius Satellite Radio President and Chief Executive Mel Karmazin said the proposed merger with XM Satellite Radio is not anti-competitive -- and serves the public interest.

  • UAW Contract Talks: Separating Fact From Fiction Friday, 20 Jul 2007 | 11:49 AM ET

    Day one of the UAW contract talks kicked off with union leaders shaking hands with Chrysler executives at company headquarters in Auburn Hills, Michigan. Already I'm tiring of the news reports, talk shows, commentators and general public portraying these talks inaccurately. If I had a nickel for every time a talk show host blamed the rank and file guy at GM for all of that automakers problems, I'd be rich. So with that in mind, let's play fact or fiction.

  • Whole Foods says SEC Probing Postings, CEO Sorry Tuesday, 17 Jul 2007 | 5:21 PM ET

    Whole Foods Market said Tuesday the U.S. Securities and Exchange Commission is conducting an inquiry into Web postings involving the company, whose chief executive apologized to shareholders for his anonymous posts on financial message boards.

  • Airbus Names Gallois Sole Chief Executive Monday, 16 Jul 2007 | 10:51 AM ET

    The parent company of troubled planemaker Airbus abandoned its twin-chief executive structure held jointly by Germany and France, with France's Louis Gallois taking control, the company said Monday.

  • Boone Pickens, Texas oilman and chief executive of BP Capital, told CNBC’s “Squawk Box” that he expects oil to hit $80 a barrel before he turns 80 next May.

  • SEC Charges Ex-ESSI CEO and Son with Options Fraud Thursday, 12 Jul 2007 | 4:14 PM ET

    The former chairman of defense contractor Engineered Support Systems and his son were charged with stock options fraud on Thursday in a widening U.S. securities investigation.

  • At this point, most every business observer seems familiar with the anonymous Web antics of Whole Foods Market CEO John Mackey. While corporate-law experts debate the legality of his acts, investors are asking what it all means for the company's value. Andrew Wilkinson, senior market analyst at Interactive Brokers, joined "Power Lunch" to offer the options market's view of Whole Foods.

  • Jones Apparel CEO Resigns; Company Names Replacement Thursday, 12 Jul 2007 | 2:11 PM ET

    Jones Apparel Group said that Chief Executive Peter Boneparth had resigned, and that Wesley Card, the company's chief financial officer and chief operating officer, would replace him immediately.

  • Whole Foods CEO Panned Wild Oats in Web Postings Thursday, 12 Jul 2007 | 1:23 PM ET

    The chief executive of Whole Foods Market posted messages on a Yahoo! chat forum under an alias for years, talking up his own company while predicting a bleak future for Wild Oats Markets, the rival it has since sought to acquire.

  • Rio Tinto CEO Albanese Sharpens Reputation as A Dealmaker Thursday, 12 Jul 2007 | 12:41 PM ET
    Tom Albanese.

    Rio Tinto's new chief executive, Tom Albanese, is a dealmaker by reputation and has wasted little time showing why since he took over on May 1.

  • Ed Zander, chairman and CEO of Motorola, speaks at a news conference in New York Tuesday, Aug. 8, 2006. Sprint Nextel announced that the company will use an emerging technology called WiMax to build a new high-speed wireless network. The company said the new network, expected to be available in the fourth quarter of 2007, will provide consumers with wireless Internet speeds on par with DSL and cable TV modems. (AP Photo/Mark Lennihan)

    Motorola reduced quarterly guidance on Wednesday evening, buttressing activist investors' recent demands for a management shakeup.

  • Carnival Cruise Lines CEO to Retire at Year End Monday, 9 Jul 2007 | 12:00 PM ET

    Bob Dickinson, president and CEO of Carnival Cruise Lines, has told Carnival Corp. that he will retire at the end of the year: Gerry Cahill, CFO of Carnival, will assume Dickinson's responsibilities as president and CEO effective immediately.

  • **  FILE **  Peter Wuffli, Chief Executive Officer of Swiss bank UBS, looks on during a press conference in Zurich, Switzerland, in this August 15, 2006 file picture.  The board of the Zurich, Switzerland-based bank said in a statement that it has named Marcel Rohner as CEO, effective immediately.  He replaces Peter Wuffli, "who relinquishes all of his functions at UBS," the statement said. The statement did not specify why the change was being made. But it did say that UBS Chairman Marcel Ospel

    UBS quickly drew a veil over the real reasons for the sudden resignation of Chief Executive Peter Wuffli, but traders said it may be linked to the embarrassing closure of a hedge fund earlier this year.