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.» Read More
Oil and gas services provider Noble said Friday that Mark A. Jackson has resigned as chairman, president and chief executive, effective immediately, and will be replaced on an interim basis by William A. Sears.
Lehman Brothers, the Wall Street investment bank, named Erin Callan as chief financial officer on Thursday, replacing Christopher O'Meara, who will become global head of risk management.
Marsh & McLennan said Friday that Brian Storms, CEO of the insurance broker's main operating subsidiary Marsh Inc., had been ousted. His departure, effective immediately, follows a 21 percent decline in Marsh & McLennan's stock price since May because of its financial underperformance.
Drug distributor AmerisourceBergen on Monday said Kurt Hilzinger resigned as chief operating officer and director to join a private equity firm and will not be replaced.
It’s almost four years at the helm of Citigroup for Chuck Prince, and the stock is virtually unchanged. CNBC’s Charlie Gasparino joins the panel to discuss the pressure that the Street is putting on Prince and Citi.
Coca-Cola's CEO Neville Isdell indicated he would stay on at the helm of the global drinks group after he turns 65 next year, the Financial Times reported on Friday.
Low-cost carrier JetBlue Airways said Wednesday that it had named Chief Operating Officer Russ Chew to the post of president. Chew, 54, succeeds Chief Executive David Barger as president of the discount airline.
Leap Wireless International, which is reviewing a buyout offer from MetroPCS Communications, said Wednesday that board member James Dondero has resigned from the Leap board, effective Sept. 10.
Sears Holdings said Monday that J. Miles Reidy, an executive at Capital One Financial, will join the department store operator as chief financial officer starting in October.
China will produce half the world's aluminium by the end of the next decade and will be largely self sufficient in the metal through 2010, a top executive at producer Alcan said on Friday.
Chrysler has named Toyota Motor North American executive Jim Press as its new vice chairman and president.
Many companies allow their chief executives to use the corporate jet for personal travel, according to a new study released Tuesday based on pay disclosures in new corporate proxy statements.
Publisher McGraw-Hill Cos is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.
Publisher McGraw-Hill is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.
Hovnanian Enterprises Chief Executive Ara Hovnanian said Thursday the risk of a recession is heightened and called for a rate cut by the Federal Reserve.
Gap Inc. Chief Financial Officer Byron Pollitt is leaving the slumping retailer Sept. 14 to take the same job at credit card issuer Visa, the companies said Wednesday.
A federal appeals court ruled Wednesday that former Qwest Communications CEO Joe Nacchio can remain free on bond while he appeals his insider-trading conviction.
Pfizer on Wednesday said it named Frank A. D'Amelio, a senior executive of Alcatel-Lucent, as chief financial officer of the drugmaker.
Man Group, the world's largest publicly traded fund manager, said Thursday that full-year profit rose 27% after the company boosted the amount of funds under management.