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Posts related to ‘Management Change’

Thompson Quits as Yahoo! CEO, Replace by Levinsohn

Yahoo! (NASDAQ: YHOO) announced that embattled CEO Scott Thompson, who was caught lying about his resume just two weeks ago, has resigned. Ross Levinsohn was named interim chief executive officer. ...
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When Will JP Morgan Fire CIO Ina Drew?–Or, Has It?

It is safe to assume that JP Morgan (NYSE: JPM) CEO Jamie Dimon will keep his job as CEO after the bank's astonishing announcement that it had a trading loss of ...
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Chesapeake Discloses CEO Well Participation Dollar Amounts… Huge!

SEC filings are often long and full of details that make most investors have a glassing-over look in their eyes.  Chesapeake Energy Corporation (NYSE: CHK) has filed its proxy materials for ...
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A Call For Jamie Dimon To Resign

J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ...
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Nelson Peltz Joins Warren Buffett With Ingersoll-Rand (IR, BRK-A, BRK-B)

Ingersoll-Rand Plc (NYSE: IR) is often overlooked as a key company despite a nearly $13 billion market value.  The news is out that Nelson Peltz has taken a 7.1% stake in the ...
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Green Mountain Loses Founder Over Stock Sale Conflict (GMCR)

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is seeing its situation go from bad to worse.  Now there is a management shuffle at the top due to inconsistent stock sales ...
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Third Point Lowers the Boom on Yahoo (YHOO, EBAY)

As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records ...
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The Two Candidates to Run Yahoo!: Board Member Thomas McInerney and EVP Ross Levinsohn

Yahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly ...
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Sprint CEO Takes Pay Cut To Exclude iPhone Gains… Is An Ouster Next? (S, AAPL, PCS)

It is no secret that Sprint Nextel Corporation (NYSE: S) is in trouble.  CEO Dan Hesse has been under pressure by holders on and off during his tenure.  Many of ...
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Big Avon Options Bet (AVP)

Avon Products Inc. (NYSE: AVP) is a controversial stock in all aspects.  While some were hoping that buyout interest would remain and head higher, many are hoping that former CEO ...
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Chesapeake Faces SEC Inquiry, As Does Chairman & CEO (CHK)

Chesapeake Energy Corporation (NYSE: CHK) has confirmed what many investors probably should have been expecting in relation to the recent CEO double-dip dealing of Aubrey McClendon.  Chesapeake issued a notice ...
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When CEO Educational Backgrounds Come Under Fire (YHOO, EBAY)

Third Point LLC' Dan Loeb is now attacking Yahoo! Inc. (NASDAQ: YHOO) over what is a highly unusual incidence: discrepancies of the company's educational background of CEO Scott Thompson and over ...
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Chesapeake Shares Diving on Results, McClendon (CHK, XOM, EOG)

Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) reported first quarter results after the markets closed yesterday. The company missed the headline numbers, but that’s not the company’s biggest problem. ...
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Options Take: Pressure To Remain On Wal-Mart Woes (WMT, TGT, DG, BIG)

Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup.  Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares ...
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Who Would Replace Walmart’s CEO and Its Chairman?

The Walmart statement of ethics is the core of the company’s values: Each business organization Walmart operates is expected to have a complete set of policies providing guidance to associates for whatever country they are working in. ...
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