Paramount&#39;s Lansing Plans to Step Down
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Sherry Lansing, who shattered Hollywood&#39;s glass ceiling by becoming the first woman to head production at a major studio, said on Tuesday she was stepping down as chairman of Paramount Pictures next year to start a new chapter in
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Microsoft's Business Division President will step down, and the former head of the company that created Flash will take his spot.
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French telecom equipment maker Alcatel confirmed  that its chief technical officer, Niel Ransom, is planning to step down.
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Scott McGregor, former head of Royal Philips Electronics' semiconductor division, will replace Alan Ross, who plans to retire.
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There were reports initially that director Terry Gilliam would abandon his latest film,but now it seems he will go ahead with the film.
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The latest high-profile Hollywood breakup is between Tom Cruise and his studio. Sumner Redstone, whose company owns Paramount Pictures, said the studio would sever its 14-year relationship with Cruise's film production company because "his recent conduct has not been acceptable to Paramount."
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Michael Eisner plans to step down  as Walt Disney Co. DIS.N chief executive when his contract  expires in September 2006, the head of the entertainment  conglomerate said in a letter to the board released on Friday.
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Christopher Payne will leave software giant to form own company, Microsoft says.
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Tough times continue at Sprint Nextel, as the company said Thursday that three of its top executives are on their way out.CFO Paul Saleh, Chief Marketing Officer (CMO) Tim Kelly, and President of Sales and Distribution Mark Angelino will leave the company on Friday, according to Sprint Nextel. It wasn&#39;t clear if the executives were leaving voluntarily or were being let go, and company spokeswoman Leigh Horner said in an e-mail that Sprint Nextel isn&#39;t &quot;commenting further or characterizing the nature of these departures.&quot;In a press statement, Sprint Nextel President and CEO Dan Hesse thanked the three for their &quot;dedication and contributions&quot; to the company, and wished them luck in future endeavors.Sprint Nextel is looking to replace the departing executives permanently, but in the meantime their duties are being handled by existing executives.William G. Arendt, currently senior vice president and controller of Sprint Nextel, will serve as acting CFO, while John Garcia, currently senior vice president, product development and management, will serve as acting CMO. Paget Alves, currently Sprint Nextel&#39;s regional president for sales and distribution, will serve as acting president, sales and distribution. All of these executives will report directly to Hesse.The news of the executive shake-up follows the announcement last week that&#160;Sprint would be laying off 4,000 employees and the close 125 of its 1,400 retail outlets&#160;due to the net loss of more than 100,000 customers in the fourth quarter of 2007. At the end of the year, Sprint said it had 53.8 million subscribers, including 40.8 million customers of its traditional post-paid service.The company plans to announce its full fourth-quarter results on Feb. 28.While Sprint struggles, rival carrier&#160;AT&amp;T seems to be doing better, thanks to its partnership as the&#160;exclusive service provider for Apple&#39;s iPhone&#160;device. AT&amp;T&#39;s revenue was up 2.9 percent in the fourth quarter of 2007, largely driven by increases in mobile phone and broadband customers, the company announced Thursday.AT&amp;T saw a net gain of 2.7 million mobile subscribers during the quarter, and most of them came to the company through its iPhone partnership, the company said. Apple said Tuesday it sold 2.3 million iPhones during the quarter.
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The chief executive of Jarvis, the embattled engineering and construction firm, resigns.
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LOS ANGELESâWalt Disney chief executive Michael Eisner said yesterday he will step down from the media conglomerate in 2006, aiming to end his two-decade reign on his own terms after a shareholder revolt nearly cut it short earlier this year.
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Disney confirms that Michael Eisner has informed the entertainment giant&#39;s board of his intention to retire when his current agreement ends in just over two years.
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WGBH president Henry Becton Jr., who presided over the growth of Boston's public television station into a national production powerhouse, told the station's staff yesterday that he will step down from his post in October.
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Michael Eisner announced plans yesterday to step down as chief executive of Walt Disney in 2006, ending a tenure of more than 20 years in which he has left an indelible mark on one of the best-known brands in the world.
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DreamWorks SKG, the studio that created the &quot;Shrek&#39;&#39; films, said yesterday that Helene Hahn would step down as chief operating officer.
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Sherry Lansing, chairwoman of Viacom Inc.&#39;s Paramount Pictures film studio since 1992, will leave the unit when her contract expires at the end of next year, the company said.
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Sprint Nextel Corp  said on Thursday Chief Financial Officer Paul Saleh and two other top executives would leave the company in a new management shake-up as the No. 3 U.S. mobile service grapples with subscriber declines.