Canada&#39;s Bombardier Fires CEO Tellier
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Canadian trains and planes manufacturer Bombardier Inc. fired its chief executive officer on Monday and its share price dropped to record lows.
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Bombardier (TSX:BBD.A) (TSX:BBD.B) a annoncÃ© ce jour que le conseil d&#39;administration de la sociÃ©tÃ© a approuvÃ© la crÃ©ation d&#39;un nouveau Bureau du PrÃ©sident afin de confier la direction et les orientations stratÃ©giques de l&#39;entreprise au prÃ©sident
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Shares in train and plane-making giant Bombardier have fallen to a 10-year low following the departure of its chief executive and two members of the board.
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Sears, Roebuck and Co. fired the head of Sears Canada on Thursday over what it characterized as &quot;strategic differences&quot; and brought in the parent company&#39;s chief financial officer as chairman.
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Paul Tellier stepped down on Monday as  president and chief executive of Bombardier Inc. BBDsvb.TO  BBDb.TO, surprising investors and sending the train and plane  maker's shares down as much as 26 percent to a 10-year low.
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Jay Triano was fired as coach of the Canadian national team Tuesday, a move Triano said was due to his inability to give enough time to the job.
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Sears Canada Inc. Chairman and Chief Executive Officer Mark Cohen was fired as head of the country&#39;s No. 3 department-store chain after less than four years amid declining sales and profit.
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Bombardier Inc. ousted Chief Executive Officer Paul Tellier after he failed to stem a decline in profit, shares and credit ratings during his two-year tenure.
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Royal Bank of Canada, the country&#39;s largest bank, named TSX Group Inc. Chief Executive Officer Barbara Stymiest to a new position of Chief Operating Officer, part of a reorganization that includes replacing three senior executives.
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Turkey's transportation minister fired the country's chief railway official Wednesday amid accusations of mismanagement following three deadly train accidents the past two months.
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Paul Tellier is giving up the chief executive&#39;s chair at Bombardier Inc. a year before his term expires and the company&#39;s stock plunged on the news.
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Paul Tellier resigned as president and chief executive of train and plane maker Bombardier Inc. (BBDsvb.TO) (BBDb.TO), a year before his contract was to expire, the company said on Monday.
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The Toronto Maple Leafs fire general manager John Ferguson on Tuesday, replacing him with former GM Cliff Fletcher on an interim basis.
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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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Robert Polet moved quickly yesterday to put out the first major fire he has faced since joining the Gucci Group as its chief executive, by firing a division head who was accused of disloyalty.
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Bombardier Inc., the world&#39;s third- biggest maker of commercial aircraft, said Air Canada ordered 45 planes and may buy 45 more in an agreement with a potential value of $2.
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After declining sales over the past few years, Sears Canada has fired it&#39;s chairman and CEO Mark Cohen. Sears cites &quot;strategic differences over the future direction of the business&quot; as the reasoning.