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Thursday, February 9, 2012

Walmart names ex-Woolworths veteran as new China CEO

Posted by Reuters: Business News on February 7, 2012

SHANGHAI/HONG KONG (Reuters) – Wal-Mart Stores Inc named company executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit that has been tainted by food scandals.



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Olympus ex-CEO Woodford sees more revelations

Posted by Reuters: Business News on February 6, 2012

TOKYO/LONDON (Reuters) – Official investigations into a massive fraud at Japan’s Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm’s former chief executive, Michael Woodford, who blew the whistle on the affair.



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Deutsche Boerse board member wants CEO out: paper

Posted by Reuters: Business News on February 4, 2012

FRANKFURT (Reuters) – Deutsche Boerse’s chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator’s supervisory board told a newspaper.



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Apple hires Dixons chief to drive global retail

Posted by Reuters: Business News on January 31, 2012

LONDON/SAN FRANCISCO (Reuters) – Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker’s global retail expansion.



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Dixons Retail CEO quits to join Apple

Posted by Reuters: Business News on

(Reuters) – Europe’s second-biggest electrical goods retailer Dixons Retail said on Tuesday that its chief executive was leaving the company to join the world’s most valuable technology corporation, Apple, as senior vice president of retail.



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RIM committee stresses importance of independent chair

Posted by Reuters: Business News on

(Reuters) – A review of Research In Motions’ leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker.



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Morgan Stanley CEO sees better markets in 2012

Posted by Reuters: Business News on January 25, 2012

NEW YORK (Reuters) – Capital markets in 2012 are better than they were in 2011, Morgan Stanley Chief Executive James Gorman said on Wednesday, adding that his bank is in a “very good position for Basel III standards.”



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New Yahoo CEO says company needs to "do better"

Posted by Reuters: Business News on

(Reuters) – Yahoo Inc Chief Executive Scott Thompson said reviving the company’s flagging display advertising business was his “highest priority,” even as he crafts a broader plan to bring the struggling Internet company back to fighting form.



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Yahoo revenue slips in Q4

Posted by Reuters: Business News on January 24, 2012

(Reuters) – Yahoo Inc’s net revenue and profit fell slightly in the fourth quarter, the struggling Internet company’s last quarter before new Chief Executive Scott Thompson took the reins.



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RIM and BlackBerry on the edge under new CEO

Posted by Reuters: Business News on January 23, 2012

TORONTO/LONDON (Reuters) – Takeover talk swirled around Research In Motion on Monday as investors and analysts pondered whether new Chief Executive Thorsten Heins had been appointed to lead a turnaround of the struggling smartphone maker or prepare it for sale.



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