Interstate&#39;s new CEO hopes to turn it around
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Tony Alvarez, co-founder of turnaround firm Alvarez &amp; Marsal, landed in Kansas City on Monday. On Tuesday, the board of Interstate Bakeries Corp.
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Saying heâs not concerned by the level of opposition to Chryslerâs new two-tier wage system, the companyâs new chief executive called the contract âa major step forward.â
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As Starwood Hotels &amp; Resorts Worldwide Inc.&#39;s new chief executive Steve Heyer focuses on the Sheraton, W and Westin hotels, Chairman Barry Sternlicht aims
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LOS ANGELESâSiebel Systems Inc., under the leadership of new CEO Mike Lawrie, is rededicating itself to ensuring enterprises&#39; success at implementing, deploying and managing its market-leading but complex CRM software applications.
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The Internet giant might need a kick from private equity investors--and a new CEO.
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The chairman of the Metropolitan Transportation Authority said Tuesday he would be willing to jettison expansion projects to keep the existing system running.
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Citigroup is hoping that Gary L. Crittenden will bring the credibility and operational expertise needed to reverse the bankâs disappointing performance.
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After a busy two years reorganizing LSI Corp., the new leadership of the company, which includes several former Intel Corp. executives, is ready to do battle in the competitive markets for storage and networking chips.
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Telecommunications veteran Dan Hesse takes over where Gary Forsee left off. Hesse's mission: improve the company's core business--and stock price--as soon as possible.
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This potential turnaround is still trying to turn.
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CEO says new U-verse service is working better than expected, and the company plans to push IPTV more aggressively this year.
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Robert L. Nardelli, Chryslerâs new chief who earlier ran Home Depot, spoke about the auto industry in terms that suggested he was still in a home-improvement state of mind.
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IAC/InterActiveCorp. Chief Executive  Barry Diller said on Monday he saw opportunities as news  increasingly moves to the Internet from newspapers, and his  company was close to announcing a new product.
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Drugstore.com has had a tough year, but it has a big believer: its new CEO.
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The low-fare carrier named a chief operating officer, shoring up its management just weeks after suffering a service meltdown.
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There was a collective gasp in the business world a few weeks back when Alan R. Mulally was recruited from Boeing to become FordÂs new chief executive.
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If Gov. Rod Blagojevich&#39;s proposal to crack down on violent video game sales sounds familiar, look no further than the man he beat to become Illinois&#39; chief executive.