Sunrise Hires Finance Chief, Expands Board
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Sunrise Senior Living, a McLean operator of assisted-living facilities, said yesterday that it has hired a new chief financial officer to help clear up accounting problems and that it agreed to add a major shareholder's representative to its board to settle a lawsuit.
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Vodafone picked a successor to long-time finance chief Ken Hydon yesterday and restructured its board in an effort to give chief executive Arun Sarin more operational control of the mobile phone company.
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NEW YORK, Feb. 19  /PRNewswire-FirstCall/ -- Sun New Media Inc. (OTC Bulletin Board: SNMD)("SNMD"), a Chinese Internet based business media and on- line merchant company today reported that Ms. Kay Koplovitz will advance her board appointment from the Board of Sun New Media Inc.
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Visa said on Monday it had named Joseph Saunders, previously president of card service at Washington Mutual Inc. , as executive chairman to help lead the company as it goes public.
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By Cynthia Ann Peterson  THE new managing director of Sun Microsystems Malaysia Sdn Bhd, Gan Boon San, is the third managing director for the company in four years. Gan takes over as MD of Sun Malaysia from Cheam Tat-Inn, who headed the company for three years.
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Bear Stearns, which bailed out two hedge funds with $1.6bn, hires a new head of asset management.
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At least one high-level Sun exec is departing after a shake-up affecting the Sun Grid.
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Wells Fargo & Co. , the fifth-largest U.S. bank, on Wednesday named John Stumpf chief executive, effective immediately, replacing Richard Kovacevich, who will remain chairman.
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NBC Universal named Jeff Zucker as its  new chief executive on Tuesday, a widely expected move that  caps a fast rise to the top by the 41-year-old television  network executive.
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Executive vice president of sales becomes Sun's executive vice president for strategic development and Sun financing.
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Krispy Kreme Doughnuts Inc.  on Tuesday named new top executives, retained a financial adviser and said it was taking other steps to address its current situation.
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The nationâs oldest private commercial bank will announce Tuesday that it has appointed Douglas A. Donahue Jr. as its new managing partner, the equivalent of a chief executive.
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(InfoWorld) - Open-source database vendor Greenplum had cause for celebration Tuesday, announcing both $15 million in venture capital financing and the appointment of a new CEO. The startup named Sun veteran Bill Cook as its new head. He spent 19 years at Sun and held a variety of positions there, including, most recently, a three-year stint as senior vice president of sales. After leaving Sun, Cook took on a similar role in heading up sales and services at Linux hardware and clustering company Penguin Computing. In August 2006, Greenplum announced a partnership with Sun to develop dedicated data warehousing appliances using the startup's database and the Sun Fire X4500 hardware server running Sun's Solaris operating system. Tuesday, the two companies unveiled their first customer for the Sun Data Warehouse Appliance, Smart Communications, the leading wireless service provider in the Philippines. Greenplum has developed its commercial open-source databases based on the open-source PostgreSQL databaseÂ and hasÂ aimed at users of data warehousing software and Bizgres to support BI applications. Sierra Ventures led the $15 million financing round in Greenplum. Three previous investors in the startup, venture capital companies Mission Ventures, Dawntreader Ventures, and EDF Ventures, also contributed. Greenplum will additionally benefit from the $4 million line of credit that Comerica Bank is making available to the company, the vendor said. Greenplum, which is based in San Mateo, California, plans to use the funds to continue development of its database as well as to expand its sales and marketing efforts around the world. That expansion is already underway with Greenplum on Tuesday also announcing the establishment of its Asia-Pacific regional headquarters in Singapore under the leadership of former NetezzaÂ executive Vinay Samuel. Netezza is a player in the data warehousing appliance market. Â
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By Joyce Owen, Walton Sun, Santa Rosa Beach, Fla.  Dec. 9--With the approval of the 2007 budget, the South Walton Fire District added an additional administration position. At the Dec.
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The addition of William H. Donaldson further expands the roster of brand-name deal makers that Perella Weinberg has recruited since it was founded last year.
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Sunrise Senior Living disclosed in court filings that it had discovered "more than 25,000 unique pornographic images" on a company-owned computer used by a former chief financial officer now suing for breach of contract and defamation.
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SunTrust Banks Inc. STI.N, a large  U.S. southeast regional bank, on Wednesday said it fired three  finance executives, including its chief credit officer, after  uncovering problems in how it accounted for bad loans.