Dec 13- Qualcomm Inc promoted Chief Operating Officer Steve Mollenkopf to chief executive in a surprise move that follows investor pressure on the phone chipmaker to return capital and speculation that he might be poached to run Microsoft.» Read More
CNBC's Steve Liesman provides insight into the Fed's Stanley Fischer economics background, and what he thinks of monetary policy.
Christopher Nassetta, Hilton Hotels president & CEO, discusses how he transformed the Hilton's reputation from being a mismanaged company to creating value, and if they will challenge the "Marriott model."
*Microsoft down to' handful' of CEO candidates, Mulally not only contender. DETROIT/ NEW YORK, Dec 11- Ford Motor Co's board of directors plans to press Chief Executive Alan Mulally soon for a decision on his future, as speculation intensifies that he may be offered the job of CEO at Microsoft Corp.
NEW YORK, Dec 11- Berkshire Hathaway Inc's BNSF Railway Co president Carl Ice will become the unit's chief executive, succeeding Matthew Rose, an executive many believe could become Warren Buffett's successor. Ice has been at the railroad for 34 years, and has been president of BNSF since November 2010. He will take on the new role beginning Jan. 1.
Citigroup Inc. named Duncan Hennes, who co-founded an investment firm and was once CEO of Soros Fund Management, to its board of directors Wednesday.
NEW YORK, Dec 11- Citigroup Inc named Duncan Hennes, a co-founder of bank advisory firm Promontory Financial Group and a former CEO of Soros Fund Management, to its board of directors on Wednesday.
NEW YORK-- JA Solar Holdings Co. has named Herman Zhao as its new chief financial officer. Zhao previously held the CFO post from July 2006 to May 2008. Since then he's served as CFO for fabless semiconductor company Legend Silicon Corp. and solar project developer Sky Solar Holdings Co..
NEW YORK, Dec 10- Almost 40 percent of U.S. corporate directors with responsibility for monitoring the profit-and-loss ledger have social ties to the chief executive, a study says, making them look more like lapdogs than watchdogs.
General Motors' new CEO Mary Barra is introduced to the company's employees, with CNBC's Phil LeBeau.
DETROIT, Dec 10- General Motors Co Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker. Barra will be GM's fifth CEO in less than five years since Rick Wagoner was forced out by the Obama administration in March 2009.
TORONTO, Dec 10- Lululemon Athletica Inc's newly named chief executive said in an interview on Tuesday that product quality will be a priority when he takes the helm at the high-end yogawear maker.
WASHINGTON, Dec 10- Two U.S. regulatory agencies on Tuesday voted to unanimously approve the Volcker rule to restrict banks from trading for their own profits. The U.S. Federal Deposit Insurance Corp board of directors and the U.S. Federal Reserve Board of Governors both approved the rule on Tuesday morning.
DETROIT, Dec 10- General Motors Co said on Tuesday Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker.
TORONTO, Dec 10- Lululemon Athletica Inc named a new chief executive on Tuesday and said founder Chip Wilson will step down as chairman, as the upscale yogawear retailer tries to expand globally and put a series of embarrassing quality issues and other gaffes behind it.
DETROIT, Dec 10- General Motors Co on Tuesday said Chief Executive Officer Dan Akerson would step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a major U.S. automaker.
DETROIT, Dec 10- General Motors Co on Tuesday said Chief Executive Dan Akerson will step down next month and be replaced by Mary Barra, the company's global product development chief, marking the first time a major U.S. automaker has been led by a woman.
Data released Monday by the Ohio Casino Control Commission shows that Cleveland's casino saw the most fluctuation, with a revenue increase from $19.5 million in October to $20.2 million in November. Cincinnati's casino saw the largest drop, going from $18.2 million in October to $17.6 million last month.
NEW YORK-- Pentair has announced a share buyback program worth at least $1 billion. Chairman and CEO Randall Hogan said Tuesday that Pentair Ltd. expects to return more than 50 percent of its operating cash flows to shareholders per year, when the buyback is combined with annual dividends.
Dec 10- Wal-Mart Stores Inc named David Cheesewright as head of Walmart International, succeeding Doug McMillon who was appointed chief executive of the company last month. Cheesewright, who currently runs Wal-Mart's Europe, Middle East and Africa and Canada operations, will assume his new position on Feb. 1, the company said on Tuesday.
Dec 10- General Motors Co. will name Mary Barra as chief executive to succeed Daniel Akerson, marking the first time a woman has run the world's No. 2 auto maker, Bloomberg reported on Tuesday.