Ferdinand Piech, the autocratic and highly successful chairman of Volkswagen, resigned suddenly on Saturday after he failed to engineer the dismissal of chief executive Martin Winterkorn. The group can now do two things – it can search...Show More Summary
UN chief asks for urgent moratorium on capital punishment as Indonesia prepares to execute nine for drug offences.
Google executive Dan Fredinburg was one those killed in an avalanche on Mount Everest, following the devastating 7.8 earthquake that rocked Nepal early this morning. Fredinburg served as Chief of Privacy for Google X, and headed up product...Show More Summary
This week on What to Think, we speak with Michael Tolkin. He's the chief executive of IMAX Labs, an innovation lab that's backed by IMAX Corp., the entertainment technology company with special theaters throughout the world.
The Porsche family scion, who has dominated Volkswagen for decades, tried to oust the chief executive, Martin Winterkorn, but the board turned against him.
When investors in the mattress maker convene next month, they will decide whether three top officials, including the chief executive, should be ousted.
While Chief Executive Martin Winterkorn wears bruises from the conflict, Ferdinand Piëch has paid the ultimate of price and resigned his chairmanship with immediate effect. According to Reuters, the ongoing row between CEO and Chairman...Show More Summary
The executive must walk one of corporate America’s most daunting gantlets, working to convince board members that he is up to the task of being chief executive.
Facebook's top product person has displaced the top sales person in the company's ranking of its highest paid executives. Chris Cox, Facebook's Chief Product Officer, made his debut appearance on the company's proxy statement today, with a total 2014 compensation package worth $12.47 million. Show More Summary
The hefty pay package reflected strong sales and was less than that of chief executives at rival domestic automakers.
Turnover for chief executives accelerated almost 16 percent between January 2013 and 2014—the highest level in four years, according to outplacement consulting firm Challenger, Gray & Christmas. And golden parachutes continue to serve CEOs as a side effect of short tenure, a symptom of a larger challenge in board leadership. For example, [...]
On Monday, the chief executive of Comcast made a Hail Mary call to Tom Wheeler, the chairman of the Federal Communications Commission. Brian Roberts told the regulator that his intention to buy Time Warner Cable was for the good for the entire country because it would bring faster Internet speeds to millions. Show More Summary
Charles Schwab’s (SCHW) automated investment service is adding “hundreds of new accounts every day,” the brokerage’s chief executive said this week. Schwab’s chief executive officer, Walter Bettinger, unveiled some details about Schwab Intelligent Portfolios in a call with analysts on Thursday. Show More Summary
Zynga Chief Operating Officer Clive Downie has resigned, marking the second executive change for the game company this month after an April 8 announcement that Mark Pincus returned as chief executive to replace Don Mattrick.
Bill Oesterle, co-founder and chief executive of Angie’s List, has announced this week that he is resigning as the head of the Internet-based company he helped create. This comes after
Time Warner Cable Chief Executive Rob Marcus said the company is focused on operating its business in the wake of its merger breakup with Comcast.
DETROIT (Reuters) - General Motors Co Chief Executive Officer Mary Barra, who last year became the first woman to lead a major U.S. automaker, received $16.2 million in 2014 compensation, up 78 percent from her predecessor's total the previous year. Show More Summary
A new version of Google Glass is in the works and will be out soon, the Chief Executive Officer of Italian eyewear maker Luxottica said Friday.
Comcast has officially called off its $45 billion proposed merger with Time Warner Cable."Today, we move on," said Comcast chief executive Brian Roberts in a statement. "I couldn't be more proud of this company and I am truly excited for what's next."Read full article >>
BERLIN (Reuters) - Volkswagen Chairman Ferdinand Piech asked Porsche Chief Executive Matthias Mueller at the start of this week to be prepared to take the helm at VW, Spiegel Online reported on Friday without citing the source of the information. Show More Summary