Deutsche Telekom to Oust Its CEO
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Exclusive: With the slide in the European telecom giant's business continuing unabated, the company's board is set to replace top executive Kai-Uwe Ricke
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Mehmet Dalman is set to resign as head of Commerzbank Securities in the next few days after disagreements with the management of Germany&#39;s third largest bank over the strategy of its investment banking unit, according to bankers.
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Telecom equipment group Ericsson's  chief financial officer has stepped down in the wake of a shock profit warning last week which caused a massive selloff in the company's shares.
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TOKYO (CBS.MW) -- Deutsche Telekom AG&#39;s top executive has ruled out acquisitions or increased investment for its US Mobile phone business after a Sprint-Nextel merger, according to a published report Tuesday.
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Deutsche Bank chief executive Josef Ackermann looks set to walk free in one of the biggest corporate trials in Germany after prosecutors agreed to drop charges in return for a multi-million-euro (dollar) settlement.
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Deutsche Telekom AG, Europe&#39;s largest phone company, plans to buy out investors in its T-Online Internet division in a transaction worth about 2.9 billion euros ($3.
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Germany has gone ahead with controversial legislation that will allow Deutsche Telekom to exclude rivals from a new network.
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The former Dallas Cowboys quarterback will step down as chief executive of The Staubach Company.
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Deutsche Telekom is changing its   management structure after poor quarterly results revealed that   Europe's biggest telecoms group by sales was no longer growing   in its German home market.
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Deutsche Bank said Ulrich Cartellieri, a key member of its supervisory board and an opponent of chief executive Josef Ackermann, told the board he intends to step down &quot;due to differences of opinion on the bank's strategy&quot;.
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Sprint Nextel has appointed former Embarq leader Dan Hesse as president and CEO.
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U.S. mobile operator Sprint Nextel has appointed Dan Hesse as president and CEO. He replaces Gary Forsee, who resigned in October.
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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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Communications giant Telstra Corp announced yesterday that its chief executive Ziggy Switkowski would step down early as Australia&#39;s largest corporation prepared for its full privatization.
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PARIS  - The chief executive of telecom company Equant, Daniel Caclin, resigned, the company said, signalling that he would be replaced by a top Thomson executive close to the head of Equant&#39;s parent group, France Telecom.
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Motorola Inc. MOT.N on Wednesday said  its No. 2 officer, who had been passed over for the chief  executive post, will resign at the end of January to seek a top  spot with another company.
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Germany's Deutsche Telekom  wants to step up its efforts to cut labor costs and boost competitiveness by redeploying a large number of its civil servants and slimming down its bloated administration.