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Jobs: iPhone Software Booming

Apple CEO Steve Jobs said users downloaded 60 million programs from the newly launched online software clearinghouse.

Firms Pay More for External CEOs

Chief executives hired outside a company are paid significantly more than chief executives hired in-house, according to a new study.

Large Gap in CEO Pay

Despite increasing public scrutiny of exorbitant CEO salaries, 2007 saw an increase in CEO pay at S&P 500 companies.

Cisco Sales Rise, Beat Forecasts

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.

Friendster to Name New CEO

The social networking site plans to name Richard Kimber its new chief executive.

Motorola Names Jha co-CEO

Motorola Inc. names Sanjay Jha co-Chief Executive Officer, tapping him to run the company's ailing wireless handset division.

Morgan Stanley Invests in New Hires

Morgan Stanley chief executive John Mack readies to recruit top executives.

Former Bear Stearns CEO to Exit J.P. Morgan Chase

Former Bear Stearns chief executive Alan Schwartz will leave J.P. Morgan Chase at the end of August.

First Merrill. Who's Next?

Merrill Lynch shores up capital with a fire sale of its mortgage securities and analysts wonder, who's next?

Alcatel-Lucent CEO and Chairman to Quit

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.

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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.

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