Dupont Co. announced that Ellen Kullman will take over as chief executive officer from Charles Holliday starting January 1, 2009
Republicans and Democrats say the federal government's $700 billion bailout plan for Wall Street should include limits on compensation packages for the chief executives of financial institutions rescued by Washington.
According to the Associated Press, Virgin Atlantic chairman Sir Richard Branson showed an interest in acquiring Gatwick Airport.
The chief executives of three U.S. auto giants asked House Speaker Nancy Pelosi Wednesday to fund a $25 billion loan program.
The Federal Reserve tapped former Allstate Corp. CEO Edward Liddy to take charge of American International Group.
Merrill Lynch CEO John Thain stands to receive $11 million from restricted stock options when the sale of his bank to Bank of America is completed.
Bank of America CEO touted the bank’s deal to acquire storied Merrill Lynch, despite a financial system he described as “under almost unprecedented stress.”
American Apparel CEO announced the achievement of economic milestones during a recent press conference in Los Angeles.
Mexican billionaire Carlos Slim and his family became yesterday one of the biggest shareholders of the American New York Times group, when they took a 6.4% stake in the company worth $127 million
Both top executives ousted from Fannie Mae and Freddie Mac, in the major federal bailout ever of the troubled mortgage lenders, will receive a combined payoff exceeding $23 million.
Welcome to CEO Watch, where we take stock of the business world's major players, while providing weekly news roundups from the world of Wall Street. Here we profile the CEOs and their firms – those reinventing their companies amid bleak economic times and those unlikely to recover from historic losses. We tally Corporate America's wins and losses while providing insight into the capitalism's insiders. We mean business.
