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Sept 18- JetBlue Airways on Thursday named Robin Hayes, its current president, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading. Cowen and Co said last month that it expects JetBlue to outperform the market under new management and increased its price target for the airline's shares to $15 from $10.
Sept 18- Home cleaning products maker Clorox Co said Chief Executive Donald Knauss was stepping down after eight years at the helm. He started his career at The Coca-Cola Co and went on to join PepsiCo Inc and Procter& Gamble Co before joining Clorox. Oakland, California- based Clorox's shares were little changed on the New York Stock Exchange on Thursday.
Clorox said Thursday it will promote Benno Dorer to CEO of the consumer products maker.
Fares Noujaim, an executive vice chairman at Bank of America has left the company abruptly.
Sept 18- JetBlue Airways named Robin Hayes, its current President, as chief executive, effective Feb. 16, 2015. Shares were up 5 percent after the bell at $11.90. Hayes replaces Dave Barger, its CEO of seven years.
JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.
NEW YORK— Clorox said Thursday it will promote Benno Dorer to CEO of the consumer products maker. The Oakland, California, company said Dorer will become its CEO on Nov. 20. Clorox Co. said he will also join the board of directors.
Sept 18- JetBlue Airways named Robin Hayes, its current President, as chief executive, effective Feb. 16, 2015. Shares were up 5 percent after the bell at $11.90. Hayes replaces Dave Barger, its CEO of one year.
Safra Catz and Mark Hurd, currently Oracle's presidents, will become the CEOs of the company.
Sept 18- Canadian oil producer Penn West Petroleum Ltd said it was strengthening its accounting practices after a review uncovered irregularities that forced to company to restate some of its prior results.
Sept 18- Canadian oil producer Penn West Petroleum Ltd, under fire after it uncovered accounting irregularities in July, said its audit committee determined that the company needs to review results going back to 2007..
MASHANTUCKET, Conn.— Foxwoods CEO Scott Butera, a key figure in the restructuring of the casino's $2 billion debt, is stepping down at the end of next month to pursue an opportunity outside the gaming industry, the tribe that owns the casino announced Wednesday.
Famed Facebook investor and PayPal co-founder Peter Thiel spoke out on "Squawk Box" today on rival Twitter as well as on Uber. Re/code co-executive editor Kara Swisher, and CNBC contributor Herb Greenberg, share their opinions.
*DuPont shares up 4 pct. Sept 17- Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to separate its high-growth businesses from the more cyclical ones, blaming the company's conglomerate structure for its "underperformance."
*Shoemaker Ultrasonic says cash in China, Hong Kong transferred. FRANKFURT/ HONG KONG, Sept 17- A Germany- listed shoemaker became the latest Chinese company to report the disappearance of top executives, underscoring the danger of doing business in the Asian powerhouse at a time of heightened scrutiny of its firms' corporate governance.
NEW YORK— James Speltz, the president and CEO of gadget retailer Brookstone, has resigned. Chief Merchandising Officer Steve Schwartz will serve as interim president and CEO. Schwartz has been with the Merrimack, New Hampshire, company for 15 years.
NAPLES, Fla.— Dodging a proxy fight with billionaire Carl Icahn, Hertz has added three of his chosen candidates to the board. Hertz CEO and Chairman Mark Frissora resigned earlier this month for personal reasons.
LOUISVILLE, Ky.— Humana's board of directors has replaced the health insurer's share buyback plan with a bigger authorization for $2 billion in repurchases. It replaces a $1 billion buyback plan, of which about $782 million was outstanding after the insurer bought back $118 million in shares in the third quarter.
According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.
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