CACI US Operations President to Retire
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CACI International Inc. on Thursday said US domestic operations president L. Kenneth Johnson will retire from the company effective Nov. 1, and backed its previous earnings guidance, saying it is on course to meet operating goals.
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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 to defend himself against  corruption allegations in his native Costa Rica.
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The Federal Emergency Management Agency official who for the past two years led the agency's troubled Hurricane Katrina recovery efforts will retire Thursday, the head of FEMA announced in an internal memo.
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(InfoWorld) - Software vendor CA expects to continue restructuring its operations, which is likely to result in further reductions in its headcount, according to the company's CFO. "We do anticipate some additional restructuring in fiscal 2008," CA CFO Nancy Cooper said during a Wednesday conference call with analysts to discuss the company'sÂ financial results for the fourth quarter. During the quarter, which ended March 31, 2007, CA completed the cutting of 1,700 jobsÂ first outlined in August. On its Web site, CA puts its total workforce as of March 31, 2006, at around 16,000. Cooper wouldn't be drawn on specifics except to note that CA believes there are still more areas in its business where the vendor could make "additional efficiencies." The company is hoping to begin fiscal 2009 having realized some $200 million in annualized savings, she said, which would come from further restructuring. "We're really systematically trying to go through our business to see if we can run it more efficiently," Cooper said. For instance, CA has been working to move its European operations away from being run on an individual per-country basis in favor of a more regional organization. That kind of thinking could also be applied to other areas of CA's business so they run in a more global fashion, she added. CA plans to work in general terms on improving its international business, according to John Swainson, the company's president and CEO. In the fourth quarter of fiscal 2007, while total North American revenue rose 6 percent, revenue from CA's international operations fell by around 2 percent. The company has already made significant management changes in Europe, its largest business outside of the U.S., Swainson said on the conference call, and he expects those changes to bear fruit shortly in terms of improvements in revenue. Swainson reiterated his oft-repeated belief that transformation at CA is "a multiyear process," but he added that the company has made progress on several fronts over the past two years, notably in boosting the productivity of its salesforce to win more software and services business. "There's clear evidence that customers and partners are seeing CA as a different company and someone they want to partner with," he said. Swainson expects the vendor's business service optimization and enterprise systems management software operations to continue to perform strongly and for both its security and storage software businesses to rebound and begin to grow again.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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The top U.S. military officer, Marine Gen. Peter Pace, will retire at the end of his term later this year and be replaced as chairman of the Joint Chiefs of Staff by Navy Adm. Mike Mullen, Defense Secretary Robert Gates said on Friday.
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Pier 1 Imports has announced that Marvin J. Girouard, its chairman and chief executive, will retire on Feb. 28, after 32 years with the company.
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Bank of America Corp. (BAC.N: Quote, Profile, Research) said on Thursday vice chairman James Hance will retire at the end of January 2005.
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Washington - President George Bush&#39;s chief of staff, Andrew Card, will remain in his job for another four years, the White House announced on Monday.
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McLean technology consulting company BearingPoint Inc. said yesterday that its chief financial officer, Robert S. Falcone, would retire on Nov. 30.
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Computer Associates today officially announced that John Swainson, an IBM veteran, has been named president and CEO-elect, as well as a member of the CA board.
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TORONTO (CP) - The boss of Canada&#39;s dominant financial-markets regulator, David Brown, is retiring after seven years as chairman of the Ontario Securities Commission.
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Steve Oristaglio, who helped guide Putnam Investments in the aftermath of the scandals that engulfed the firm in October 2003 over market timing, will retire this year, Putnam said. Oristaglio, 49, served as right-hand man to chief executive Charles ''Ed" Haldeman Jr. during the tumultuous period in which the firm tried to recover both its reputation and business after being ...
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Microsoft Corp. said Thursday that Jeff Raikes, the top executive in its business software division, will retire in September.
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Jack London, the longtime chief executive of CACI International who some describe as the consummate government contracting insider, will give up day-to-day control of the firm, the Arlington-based technology company announced yesterday.
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Chad Gifford, one of Boston's most visible business leaders, said yesterday he would retire as chairman of Bank of America Corp. , just one year after selling the region's largest bank to executives in North Carolina.
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Longtime EBay CEO Meg Whitman is expected to announce her retirement sometime in the next few weeks.
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Roger Alton to leave at the end of the year after decade in post.