SEATTLE, March 11- Microsoft Corp said on Tuesday it appointed Mason Morfit, president of activist investor ValueAct Capital, as a board member. The world's largest software company offered Morfit a board seat in August, following months of lobbying by ValueAct for a say on how Microsoft is run.» Read More
CHICAGO, March 6- Robert Ray, chief executive officer of CME Group Inc's planned European exchange, has died at age 60, the futures market-operator said on Thursday. Ray previously was responsible for CME's business and sales strategy in Europe, the Middle East and Africa and Latin America, according to a biography on the company's website.
BOSTON, March 6- General Electric Co said on Thursday it will stop paying its senior executives dividends on stock awards that have not yet vested, after investors urged the company to end the long-held perk.
March 6- Media executive Jack Griffin was appointed on Thursday as chief executive of Tribune Co's forthcoming spinoff newspaper company, Tribune Publishing. Tribune also announced that Eddy Hartenstein, the publisher of the Los Angeles Times and former DirecTV executive, will become non-executive chairman of Tribune Publishing's board.
March 6- Media executive Jack Griffin was appointed on Thursday as chief executive of Tribune Co's forthcoming spinoff newspaper company, Tribune Publishing.
*Target to look externally for replacement, CEO says. March 5- Target Corp announced an overhaul of its information security practices and the resignation of its chief information officer as the retailer tries to reassure customers and investors after a massive data breach late last year.
Peter May, Trian Fund Management president, discusses why a PepsiCo split would be best for the company.
TOKYO, March 5- Nomura Holdings said Tetsu Ozaki, a senior executive of its securities business, will become the chief executive of its wholesale business in a group-wide management reshuffle announced on Wednesday.
RadioShack is announcing it will close 1,100 underperforming stores. Herb Greenberg and Jan Kniffen discuss what Radioshack can learn from JC Penney.
RadioShack plans to close 1,100 stores blaming weak sales. CNBC's Robert Frank and Bob Pisani discuss the company's big splurge on its Super Bowl commercial.
SAN FRANCISCO, March 4- Apple Inc's Chief Financial Officer Peter Oppenheimer will retire and hand the reins to Luca Maestri in September, transferring financial stewardship of the world's largest technology company to the Italian-born corporate controller. Apple's shares were up 0.6 percent at $530.87.
"The Profit" host Marcus Lemonis provides a preview of tonight's new episode featuring a well-known Brooklyn meat company.
Some American women say it's still difficult to gain a seat in corporate boardrooms. The numbers bear them out.
March 4- Apple Inc said Chief Financial Officer Peter Oppenheimer will retire at the end of September, handing over to Corporate Controller Luca Maestri in what Chief Executive Tim Cook described as an orderly succession put in place by his CFO.
March 4- Apple Inc said Chief Financial Officer Peter Oppenheimer would retire at the end of September. Luca Maestri, Apple's vice president of finance and corporate controller, will succeed 51- year-old Oppenheimer as CFO, reporting to Chief Executive Tim Cook.
March 4- Apple Inc said Chief Financial Officer Peter Oppenheimer would retire at the end of September. Luca Maestri, Apple's vice president of finance and corporate controller, will succeed Oppenheimer as CFO, reporting to Chief Executive Tim Cook. Oppenheimer, who has been CFO since 2004, was named to the board of Goldman Sachs Group Inc on Monday.
DUBAI, March 4- Saudi Arabia's NCB Capital has appointed Sarah Al-Suhaimi as its chief executive, the investment bank said on Tuesday, the first time a woman has been named to head an investment bank in the conservative kingdom. NCB Capital, with about $12 billion of assets under management, is a unit of National Commercial Bank, Saudi Arabia's largest bank.
DUBAI, March 4- Saudi Arabia's National Commercial Bank has appointed Sarah Al-Suhaimi as chief executive of its investment banking arm, sources aware of the matter said, the first time a woman has been named to head an investment bank in the conservative kingdom.
NEW YORK, March 3- Loral Space& Communications Inc has hired boutique investment bank Perella Weinberg Partners to advise its independent directors as it explores a potential sale of the company, people close to the matter said on Monday.
SEATTLE, March 3- Microsoft Corp Chief Executive Satya Nadella has appointed pollster and longtime corporate adviser Mark Penn to the role of chief strategy officer, according to a memo sent to company employees on Monday.
March 3- U.S. refiner Valero Energy Corp said Chief Executive Bill Klesse will step down in May after eight years at the helm, and will be succeeded by Chief Operating Officer Joe Gorder. Valero, the country's largest independent refiner, said Klesse will remain director and chairman.