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  • Total oil company CEO dies in Moscow plane crash Monday, 20 Oct 2014 | 9:32 PM ET

    MOSCOW— The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport, the company said. Total "confirms with deep regret and sadness" that Chairman and CEO Christophe de Margerie died in a private plane crash at the Moscow airport, the company said in a press release dated...

  • *Defender of Moscow policies killed in plane-plow crash. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snow plow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. The collision occurred during takeoff of the Dassault Falcon business...

  • MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snowplow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. De Margerie, 63, a graduate of the Ecole Superieure de Commerce business school in Paris, became chief executive officer of Total...

  • Citing illness, CEO of France's Areva steps down Monday, 20 Oct 2014 | 10:37 AM ET

    PARIS— The CEO of French nuclear manufacturer Areva is stepping down, saying an unspecified illness has left him unable to do the work. State-controlled Areva is struggling through a turnaround, complicated by France's recently announced plans to move away from nuclear energy in the aftermath of the earthquake and tsunami at the Fukushima power plant in...

  • Excess CEO pay a 'disease': Shareholder activists Monday, 20 Oct 2014 | 9:42 AM ET
    Nell Minow

    Robert Monks and Nell Minow work to hold executives of publicly traded companies accountable to shareholders, USA Today reports.

  • Oct 20- Venture capitalist Marc Andreessen said he was quitting EBay Inc's board following the online retailer's decision last month to spin off its electronic payment unit, PayPal. The Silicon Valley pioneer has been involved in a public war of words with activist investor Carl Icahn, one of eBay's largest shareholders, who convinced the company to spin off...

  • LONDON, Oct 18- The world's third largest retailer, Tesco, will state next week that it overestimated earnings by less than the 250 million pounds which it previously announced, Sky news reported on Saturday, citing an unnamed banking source. Over the last year Tesco's big out-of-town stores have lost favor as shoppers buy more produce locally and online, while...

  • MEXICO CITY/ MONTERREY Oct 17- Mexico's biggest retailer, Wal-Mart de Mexico, on Friday said Chief Executive Scot Rank would step down after five years and that the head of Wal-Mart Latin America would take on a bigger role in the Mexico and Central America business. The change in leadership comes almost two years after a New York Times investigation that alleged...

  • GM's general counsel to retire     Friday, 17 Oct 2014 | 12:28 PM ET

    General Motors is announcing its General Counsel Mike Millikin is retiring, reports CNBC's Phil LeBeau.

  • Darden returns former director Simon to board Thursday, 16 Oct 2014 | 2:31 PM ET

    NEW YORK— Darden Restaurants, the parent company of the Olive Garden, said Thursday that former Wal-Mart executive Bill Simon is returning to its board of directors. Starboard had criticized Darden's management on a variety of issues ranging from the sale of its Red Lobster chain to the operations at Olive Garden, which has continued to struggle.

  • *AbbVie board recommends shareholders vote against deal. *AbbVie to pay Shire $1.64 bln break fee if deal collapses. LONDON, Oct 16- U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin- based Shire, recommending shareholders vote against the planned $55 billion takeover following new U.S. tax rules.

  • *AbbVie board recommends shareholders vote against deal. *AbbVie to pay Shire $1.64 bln break fee if deal collapses. LONDON, Oct 16- U.S. pharmaceutical company AbbVie has pulled the plug on its plan to buy Dublin- based drugmaker Shire, recommending shareholders vote against the planned $55 billion takeover following new U.S. tax rules.

  • Tesla's USA Parkway gets OK from Nevada agency Wednesday, 15 Oct 2014 | 6:45 PM ET

    CARSON CITY, Nev.— Nevada transportation officials are expediting plans to connect Interstate 80 east of Reno to U.S. Highway 50 with the USA Parkway that was part of the deal that landed Tesla's $5 billion battery plant for the area. The Department of Transportation's board of directors approved $43 million for the right-of-way, easements and existing road...

  • West Pharmaceutical CEO to retire next year Wednesday, 15 Oct 2014 | 9:50 AM ET

    NEW YORK— West Pharmaceutical Services Inc. said Wednesday that its longtime CEO Donald Morel plans to retire in May. The company, based in Exton, Pennsylvania, said it expects third-quarter earnings of 43 cents per share, matching what analysts expected, according to FactSet. For the full year, it now expects earnings between $1.77 per share and $1.82 per share.

  • Boire named acting president, CEO of Sears Canada Wednesday, 15 Oct 2014 | 8:20 AM ET

    HOFFMAN ESTATES, Ill.— A Sears executive was named acting president and CEO of Sears Canada on Wednesday. Late last month the company said that CEO of Sears Canada, Douglas Campbell, would leave at the end of the year. Sears Holdings Corp., which runs Kmart and its namesake stores, said Ron Boire would step down from his roles as executive vice president, chief...

  • UPDATE 3-Statoil's CEO quits for top job at BG Group Wednesday, 15 Oct 2014 | 6:35 AM ET

    *BG shares rise, Statoil falls 3 pct. *Statoil says no change in strategy. OSLO/ LONDON, Oct 15- Statoil's long-serving chief executive Helge Lund unexpectedly quit on Wednesday to take on the top role at smaller rival BG, where he has been promised a big pay rise if he can turn round the flagging British gas and oil producer.

  • BEIJING/ SHANGHAI, Oct 15- A day after China International Capital Corp's high-profile chief executive resigned, sources said on Wednesday that its chairman would also quit this year, highlighting the declining fortunes of the country's first investment bank. CICC made its name shepherding the biggest state-owned enterprises onto the Shanghai and Hong...

  • Statoil CEO Lund steps down, joins BG Group Wednesday, 15 Oct 2014 | 5:50 AM ET

    STOCKHOLM— Helge Lund, the CEO of Norwegian oil and gas company Statoil, has resigned after 10 years in charge of the government-controlled company. Until then he will remain at Statoil's "disposal" though the company said Wednesday that its board of directors had appointed Eldar Saetre, a senior Statoil executive, as acting president and CEO with immediate...

  • UPDATE 2-Statoil CEO quits to take top job at BG Wednesday, 15 Oct 2014 | 4:58 AM ET

    *BG shares rise 3 pct, Statoil falls 3 pct. OSLO/ LONDON, Oct 15- Statoil's long-serving chief executive Helge Lund unexpectedly quit on Wednesday to take on the top role at BG Group where he has been promised a big rise in pay if he can turn the flagging British gas firm around. "has built a world-class exploration and production portfolio at Statoil, and the company is...

  • *COO Mark Light to succeed Michael Barnes from Oct. 31. Oct 14- Signet Jewelers Ltd said Chief Executive Michael Barnes resigned to be closer to his family, becoming the second top executive in three months to leave as the company digests its acquisition of Zale Corp, its largest deal so far. The parent of Kay Jewelers said Chief Operating Officer Mark Light would...

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