CEO of bankrupt Mirant to step down, collect $3.4 million
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Mirant Corp. chief executive Marce Fuller will resign from the bankrupt energy supplier and receive $3.4 million in severance pay plus other benefits, according to a regulatory filing yesterday.
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Research in Motion said that a top executive stepped down from one of his posts after the company said it would restate about $250 million in earnings.
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Odyssey Healthcare Inc., a hospice care provider, said Monday its chief executive resigned as the company warned third-quarter earnings will be below Wall Street&#39;s expectations and revealed it is being investigated by the Department of Justice.
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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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Miramax Films is seeking compensation from the former head of its Italian unit, claiming that the executive, a friend of the companyÂs co-chairman, also held another job.
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George Reyes will be one of only a few of the Internet search giantâs top executives to have left since its founding in 1998.
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The company has decided to leave the public markets.
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WASHINGTON (CBS.MW) -- Mirant Chief Executive S. Marce Fuller plans to step down from the bankrupt energy merchant, the company said in a filing Thursday with the Securities and Exchange Commission.
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ATLANTA -- Energy supplier Mirant Corp. hopes to emerge from bankruptcy in the first half of next year, the company said Thursday as it appointed a chief restructuring officer to oversee the process.
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Dennis J. FitzSimons will step down as chairman and chief executive of Tribune Company as soon as an $8.2 billion takeover deal is completed, the company said.
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Another energy career capped: Mirant (otc: MIRKQ - news - people ) said Chief Executive S. Marce Fuller will resign from the energy company, which is operating under bankruptcy protection.
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Media conglomerate Viacom Inc. on  Monday said it will cut in half Executive Chairman Sumner  Redstone's salary and cash bonus compensation to about $4.5  million annually amid criticism that he was among one of the  most highly paid executives in the United States.
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Bristol-Myers Squibb Co. BMY.N said   on Tuesday that Chief Executive Peter Dolan will step down   immediately, and that his post will be filled on an interim   basis by board member James Cornelius, a former chairman of   medical device maker Guidant.
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James E. Cayne, the embattled chief executive of Bear Stearns, will step down after the deepest losses in the firmâs history, according to people who have been briefed on the situation.
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THE PAYOUT &#151; Franklin Raines, Fannie Mae's former CEO, will get a &#36;1.3 million pension for life, plus benefits, even though he was forced to retire.
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William J. Grize, who oversees Giant Food and the other U.S. grocery operations of Royal Ahold NV, will step down next month, the Dutch company said yesterday.
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PARIS  - The chairman of French media and entertainment giant Vivendi Universal, Jean-Rene Fourtou, is expected to relinquish operational duties at the group next April to head a newly created supervisory board, the company said.