http://www.ceo-watch.com/ News, articles, opinions about capitalism's shakers and movers Despite a lagging economy, Cisco Systems profits rose 4.4 percent in the fourth quarter from a year earlier, as CEO John Chambers announced he was "very comfortable" with the company's long-term growth target. http://www.ceo-watch.com/cisco-sales-rise-beat-forecasts-10578.html http://www.ceo-watch.com/cisco-sales-rise-beat-forecasts-10578.html Thu, 07 Aug 2008 08:17:23 -0700 The social networking site plans to name Richard Kimber its new chief executive. http://www.ceo-watch.com/friendster-to-name-new-ceo-10358.html http://www.ceo-watch.com/friendster-to-name-new-ceo-10358.html Tue, 05 Aug 2008 14:20:33 -0700 Motorola Inc. names Sanjay Jha co-Chief Executive Officer, tapping him to run the company's ailing wireless handset division. http://www.ceo-watch.com/motorola-names-jha-co-ceo-10248.html http://www.ceo-watch.com/motorola-names-jha-co-ceo-10248.html Mon, 04 Aug 2008 14:07:36 -0700 Former Bear Stearns chief executive Alan Schwartz will leave J.P. Morgan Chase at the end of August. http://www.ceo-watch.com/former-bear-stearns-ceo-to-exit-jp-morgan-chase-88317.html http://www.ceo-watch.com/former-bear-stearns-ceo-to-exit-jp-morgan-chase-88317.html Thu, 31 Jul 2008 13:44:55 -0700 Morgan Stanley chief executive John Mack readies to recruit top executives. http://www.ceo-watch.com/morgan-stanley-invests-in-new-hires-87317.html http://www.ceo-watch.com/morgan-stanley-invests-in-new-hires-87317.html Thu, 31 Jul 2008 13:41:48 -0700 Merrill Lynch shores up capital with a fire sale of its mortgage securities and analysts wonder, who's next? http://www.ceo-watch.com/first-merrill-whos-next-86307.html http://www.ceo-watch.com/first-merrill-whos-next-86307.html Wed, 30 Jul 2008 13:31:18 -0700 Patricia Russo and Serge Tchuruk, the two architects who orchestrated the merger of the telecommunications equipment giant Alcatel-Lucent two years ago, will step down at the end of the year. http://www.ceo-watch.com/alcatel-lucent-ceo-and-chairman-to-quit-85297.html http://www.ceo-watch.com/alcatel-lucent-ceo-and-chairman-to-quit-85297.html Tue, 29 Jul 2008 11:12:11 -0700 Buyout king Henry Kravis announced late Sunday that he will take his private equity firm Kohlberg Kravis Roberts & Co. public... http://www.ceo-watch.com/kravis-to-take-kkr-public-84287.html http://www.ceo-watch.com/kravis-to-take-kkr-public-84287.html Mon, 28 Jul 2008 16:54:33 -0700 Charles Schwab Corp. Tuesday named Walter Bettinger II as chief executive and announced it had boosted its quarterly dividend by 20 percent. http://www.ceo-watch.com/charles-schwab-names-new-ceo-77257.html http://www.ceo-watch.com/charles-schwab-names-new-ceo-77257.html Fri, 25 Jul 2008 01:33:12 -0700 Slumping sales and skyrocketing gasoline prices have derailed C.E.O. Alan Mulally's turnaround plans for Ford Motor Co. http://www.ceo-watch.com/ford-posts-largest-quarterly-loss-76257.html http://www.ceo-watch.com/ford-posts-largest-quarterly-loss-76257.html Fri, 25 Jul 2008 01:25:23 -0700 The nation's fourth largest bank reported a staggering $8.9 billion loss during the second quarter, adding that it will cut its dividend again and slash 6,350 jobs. http://www.ceo-watch.com/wachovia-loses-89-billion-75227.html http://www.ceo-watch.com/wachovia-loses-89-billion-75227.html Tue, 22 Jul 2008 15:40:24 -0700 Jerry Yang can breathe easy, for now. http://www.ceo-watch.com/icahn-on-board-72217.html http://www.ceo-watch.com/icahn-on-board-72217.html Mon, 21 Jul 2008 08:07:16 -0700 Merrill Lynch & Co., weighed down by $9.4 billion in write-downs, posted a second-quarter loss of $4.89 billion Thursday and unveiled plans to sell billions of dollars of assets. http://www.ceo-watch.com/merrill-reports-49-billion-loss-71187.html http://www.ceo-watch.com/merrill-reports-49-billion-loss-71187.html Fri, 18 Jul 2008 08:01:56 -0700 Jamie Dimon, chief executive of J.P. Morgan Chase, announced Thursday that the bank's second-quarter net income fell 53 percent as a result of the continued credit crunch and $540 million in costs for the acquisition of Bear Stearns. http://www.ceo-watch.com/jp-morgan-beats-forecasts-69177.html http://www.ceo-watch.com/jp-morgan-beats-forecasts-69177.html Thu, 17 Jul 2008 09:42:56 -0700 Schwartz, who headed Bear Stearns before its epic collapse in March, asked Blankfein whether Goldman Sachs traders in London manipulated the firm's stocks. http://www.ceo-watch.com/goldman-questioned-about-bears-collapse-68177.html http://www.ceo-watch.com/goldman-questioned-about-bears-collapse-68177.html Thu, 17 Jul 2008 09:03:46 -0700 Battered by slumping sales and a sagging economy, General Motors C.E.O. Rick Wagoner announced plans Tuesday to eliminate its quarterly dividend, slash... http://www.ceo-watch.com/gm-to-cut-jobs-sell-assets-67167.html http://www.ceo-watch.com/gm-to-cut-jobs-sell-assets-67167.html Wed, 16 Jul 2008 14:02:51 -0700 Daniel Lyons, the former Forbes magazine journalist who wrote the immensely popular blog The Secret Diary of Steve Jobs, has decided to pen his last entry. http://www.ceo-watch.com/farewell-fake-steve-65157.html http://www.ceo-watch.com/farewell-fake-steve-65157.html Tue, 15 Jul 2008 05:09:58 -0700 John Thain is contemplating selling other investments in order to raise capital, including its stake in Bloomberg LP, according to a report by CNBC.com... http://www.ceo-watch.com/merrill-eyeing-sale-of-stake-in-bloomberg-64157.html http://www.ceo-watch.com/merrill-eyeing-sale-of-stake-in-bloomberg-64157.html Tue, 15 Jul 2008 05:07:19 -0700 Wachovia Corp., the nation's fourth largest bank, has named former Treasury Undersecretary Robert Steel chief executive. http://www.ceo-watch.com/wachovia-names-steel-chief-executive-63117.html http://www.ceo-watch.com/wachovia-names-steel-chief-executive-63117.html Fri, 11 Jul 2008 04:58:17 -0700 Stanley Ho, 85, can now move ahead with the $493 million initial public offering, scheduled for mid-July. He has said that most of the money raised will be spent on new casino projects. http://www.ceo-watch.com/casino-tycoon-cleared-for-sjm-listing-62107.html http://www.ceo-watch.com/casino-tycoon-cleared-for-sjm-listing-62107.html Thu, 10 Jul 2008 01:07:37 -0700 "I do think we have some very serious issues to face," said Dimon, according to Reuters. "Things could actually get worse." http://www.ceo-watch.com/dimon-credit-crisis-could-worsen-61107.html http://www.ceo-watch.com/dimon-credit-crisis-could-worsen-61107.html Thu, 10 Jul 2008 01:05:16 -0700 Reeling from slumping sales amid a stalling U.S. economy, General Motors C.E.O. Rick Wagoner is considering cutting thousands of jobs at the Detroit automaker, while also contemplating whether to stop production on some G.M. brands, according to a report by the Wall Street Journal. http://www.ceo-watch.com/gm-ponders-job-cuts-downsizing-6097.html http://www.ceo-watch.com/gm-ponders-job-cuts-downsizing-6097.html Wed, 09 Jul 2008 02:22:45 -0700 Microsoft C.E.O. Steve Ballmer is still interested in buying Yahoo, but only of the entire Yahoo board of directors is replaced, according to reports. http://www.ceo-watch.com/ballmer-open-to-restarting-yahoo-talks-5997.html http://www.ceo-watch.com/ballmer-open-to-restarting-yahoo-talks-5997.html Wed, 09 Jul 2008 02:21:47 -0700