CNBC's David Faber speaks with activist investor Ralph Whitworth, Relational Investors founder and principal, about his relationship with the management team at Mondelez and the opportunity he sees in SPX Corp.» Read More
Former American International Group Chief Executive Maurice "Hank" Greenberg said that a group he represents currently does not intend to solicit proxies from AIG shareholders, buy more AIG shares, or initiate a tender offer for the company.
After significant writedowns and a top level shakeup at the company, is there more trouble ahead for Bearn Stearns? The new CEO, Alan Schwartz, doesn't think so ... but he's not giving guarantees.
Bear Stearns' management shake-up could make the investment bank a takeover target, but the specter of more write-downs might keep suitors on the sidelines.
Krispy Kreme Doughnuts said on Monday that Chief Executive Daryl G. Brewster has resigned for personal reasons and will be replaced by its Chairman James H. Morgan as president and CEO.
The credit crunch and housing crisis led to some high-profile firings, most notably Merrill Lynch's Stan O'Neal and Citigroup's Chuck Prince. Still, while they lost their jobs, these executives didn't lose their shirts.
Network equipment maker Cisco Systems said Chief Development Officer Charles Giancarlo, widely seen as a leading candidate for future CEO, is leaving the company.
Bear Stearns's board is talking about a successor for Chief Executive Jimmy Cayne, CNBC has learned.
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Sprint Nextel on Tuesday named former Embarq Corp Chief Executive Dan Hesse as its president and CEO, effective immediately.
Thornburg Mortgage said Tuesday that it promoted its chief operating officer to CEO and reinstated a quarterly dividend despite ongoing turmoil in the mortgage market.
Novellus Systems, a supplier of equipment for making microchips, said Monday that its chief financial officer will resign around late February and join a private venture-backed company.
Student lender SLM -- better known as Sallie Mae -- said Friday that its executive chairman Albert Lord will take on the extra role of chief executive officer.
Merrill Lynch ousted Chairman and Chief Executive Stan O'Neal just days after reporting the biggest quarterly loss in the company's history, making him the highest-ranking casualty in the U.S. subprime mortgage crisis.
Goldman Sachs Chairman and Chief Executive Lloyd Blankfein is likely to get a 30 percent pay rise this year to about $70 million, despite the liquidity squeeze which has seen shares in the banking sector tumble, the Financial Times reported on its Web site.
China and online advertisers will be the saviors of the advertising industry, according to Sir Martin Sorrell, CEO of advertising giant WPP.
C-suite confidence is at its lowest level since May of 2003, according to a new survey by Chief Executive Magazine.
Merrill Lynch's new Chief Executive John Thain has received about $2.6 million in restricted stock and nearly 43,000 options to replace shares he forfeited by leaving NYSE Euronext, according to U.S. regulatory filings.
Josef Ackermann, Chief Executive of Deutsche Bank, has turned down an approach from Citigroup about taking the CEO job vacated last month by Charles Prince, the Financial Times reported.
Executive search firm CT Partners took its annual look at the hottest jobs in business and the characteristics of the executives who fill these positions. Executives with a track record of managing risk are in demand.
H&R Block, the largest U.S. tax preparer, said that Chairman and Chief Executive Mark Ernst had resigned, following mounting losses tied to subprime mortgages.
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