Enron CFO Raymond M. Bowen Resigns
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HOUSTON - Enron Corp.&#39;s chief financial officer since a month after the energy company went bankrupt in December 2001 resigned effective Friday.
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Blog: Yahoo Finance general manager leaves
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Verisign Chief Financial Officer (CFO) Dana Evan resigned Tuesday, and the company has restated earnings from 2002 to 2005, declaring an additional $160.3 million in stock-option compensation, it said Thursday.
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Wellpoint Inc.  said its chief  financial officer, David Colby, resigned after an internal  investigation revealed that he violated the health insurer&#39;s  code of conduct.
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The chief executive of the world's fifth-largest airline, NorthWest Airlines, has resigned to take over at a healthcare insurer.
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NEW YORK, October 26  - Marsh &amp; McLennan Companies&#39; (MMC.NYS) Chairman and CEO, Jeffrey Greenberg, has resigned from his position, in the wake of the recently filed lawsuit against the company by the New York Attorney General, Eliot
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Manufacturing conglomerate Tyco  International Ltd. TYC.N on Tuesday said Chief Financial  Officer David FitzPatrick will step down at the end of this  year to pursue private equity or corporate turnaround  opportunities.
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(InfoWorld) - A CFO who helped Nortel Networks recover from an accounting scandal and years of poor results is leaving the company after about two years on the job. Peter Currie, also an executive vice president, will leave April 30 to take on unspecified new challenges, according to a Nortel statement. The Brampton, Ontario, company is searching for a replacement. After Currie leaves, he will provide advice and assistance to ensure a smooth transition, the company said. Currie has spent much of his career at Nortel, including as CFO from 1994 to 1997. He returned in February 2005 following a scandal in 2004 that led to financial restatements and the firing of CEO Frank Dunn, CFO Douglas Beatty, and Controller Michael Gollogly. Currie replaced another CFO, William Kerr, who had stepped in after Beatty to complete the restatements. Under current President and CEO Mike Zafirovski, who took the helm in October 2005, Nortel has undergone a major restructuring and several management changes. Zafirovski has tried to focus the wide-ranging company, which faces many strong competitors, most notably Cisco Systems. Last year, Nortel formed a partnership with Microsoft to develop products for IP communications. Currie has steered Nortel through difficult financial issues and improved its corporate governance, Zafirovski said in a written statement. To have a complete facelift, Nortel needs more change in the executive ranks under Zafirovski, said Yankee Group analyst Zeus Kerravala, a long-time Nortel watcher. Customers want a clearer picture of where Nortel will focus its investments, especially now that it's working with Microsoft, he said. "There are a lot questions as to what Nortel looks like five years from now, but even next year," Kerravala said.
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Commerce Bancorp Inc.  on Friday announced the sudden departure of Chairman and Chief Executive Vernon Hill and said it had agreed with federal regulators on governance changes after coming under fire for its business dealings with insiders.
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Bear Stearns CEO James Cayne resigns amid the US investment bank's losses in the sub-prime mortgage crisis.
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A former assistant treasurer at Enron Corp. (ENRNQ.PK: Quote, Profile, Research) agreed to plead guilty to conspiracy to commit securities fraud on Tuesday and will cooperate with
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Enron Corp. said on Thursday it has  canceled its nearly worthless stock three years after declaring  bankruptcy in a wave of accounting scandals in the latest move  toward liquidation.
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Some of Enron Corp's EONPQ.PK former  directors have agreed to a $168 million settlement of a  shareholder lawsuit over the collapse of the once powerful  energy trading company, the lead plaintiff in the case said on  Friday.
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Jacob Goldfield, who joined Soros Fund Management as chief investment officer last year, has resigned from the $8.3 billion hedge fund to start his own business, according to a memo to staff members.
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Marsh & McLennan Cos. MMC.N Chairman  and Chief Executive Jeffrey Greenberg resigned on Monday, 11  days after New York Attorney General Eliot Spitzer accused the  world's biggest insurance broker of rigging bids.
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WASHINGTON -- The Supreme Court dealt a blow Tuesday to Enron investors who sued major investment banks to recover money lost when the Texas energy giant collapsed amid a massive accounting fraud.
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NEW YORK - Enron Corp. Friday said Chief Financial Officer Raymond Brown resigned to pursue other job opportunities and will be replaced on an interim basis by Robert Bingham.