Bearâs Cayne to Quit as Chief Executive
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James E. Cayne, the embattled chief executive of Bear Stearns, will step down after the deepest losses in the firmâs history, according to people who have been briefed on the situation.
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Bear Stearns Cos Inc  leader  Jimmy Cayne will relinquish his title as chief executive, but  remain chairman, the Wall Street Journal reported on Monday,  citing people familiar with the matter.
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Standard Chartered PLC said Monday its chief executive in Hong Kong has resigned, less than a week after the British-based bank said it was laying off 200 local employees.
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NEW YORK -- Bacardi Ltd. Monday said President and Chief Executive Officer Javier Ferran has resigned for family reasons after more than 18 years with the distiller.
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Adams Harkness Inc. chief executive Timothy McMahon yesterday said he plans to resign Jan. 3 after 20 years with the investment banking firm.
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The head of the Organization of  American States plans to announce his resignation on Friday  after only two weeks in the job because he faced a series of  corruption allegations in his native Costa Rica.
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The chief executive of the world's fifth-largest airline, NorthWest Airlines, has resigned to take over at a healthcare insurer.
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Viacom said Tuesday its current president and CEO Tom Freston has resigned his position with the company.
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Paul Otellini, currently president and COO, will replace outgoing chief Craig Barrett in May.
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The chief executive of the world's biggest listed hedge fund is quitting to focus on private philanthropy.
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Coca-Cola Co.'s president and chief  operating officer, Steven Heyer, will leave the company on  Sept. 1 after missing out on the top job in May, the Wall  Street Journal said on Tuesday, citing an internal memo.
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Barbara Stymiest, head of the Toronto Stock Exchange for the last five years, is leaving to become chief operating officer of the Royal Bank of Canada as part of a major executive and organizational shake-up.
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Retailer Laura Ashley announces that its chief executive Ainum Mohd-Saaid has resigned for personal reasons.
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The McDonald&#39;s Corporation, the world&#39;s largest restaurant chain, announced yesterday that Charles H. Bell was resigning as chief executive to focus on his battle with cancer, and
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Barbara Stymiest has resigned as chief executive of TSX Group Inc. to assume the newly created role of chief operating officer at Royal Bank of Canada.
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Bear Stearns's James E. Cayne handed over the chief executive role to his handpicked successor, staying on as chairman as the securities firm tries to recover from the collapse of the subprime mortgage market.
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James E. Cayne, Bear Stearnsâ chief, has seen the firmâs carefully honed reputation suffer from the near collapse of two hedge funds.