ABB Chief Signals End of Restructuring
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The CEO-designate of Swiss-Swedish engineering giant ABB on Monday ruled out any more big changes to the structure of the company, which has cut thousands of jobs and sold off several noncore operations in the past two years.
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MBIA replaced its chief executive with its retired chairman, Joseph W. Brown Jr., who said he would consider splitting up the firmâs insurance business.
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Business & money: Tomorrow could mark the start of the endgame for the troubled bank. Heather Connon reports
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Chad Gifford, one of Boston&#39;s most visible business leaders, said yesterday he would retire as chairman of Bank of America Corp.
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Peter R. DolanÂs troubled five-year term as chief executive of the drug maker Bristol-Myers Squibb appears to be near an end.
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The chief exec of SCO will leave once it reorganizes through a deal with Stephen Norris & Co. Capital Partners.
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E.ON chairman Wulf Bernotat says he hopes to wrap up his company's takeover of Spanish electricy utility Endesa by the middle of April.
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Pierre Danon is quitting as head of BT Retail to become the chief operating officer at French computer consultants Cap Gemini, furthering suggestions of a split in the telecoms giant boardroom.
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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.
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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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BBC boss Mark Thompson is to announce  a shake-up on Tuesday which could lead to the loss of thousands of jobs.
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Commerzbank, Germany's fourth-biggest bank, said that the head of its investment banking division, Mehmet Dalman, has quit.
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Leeds-based Northern Foods announces that it is parting company with its chief executive after three years.
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The company says the lay-offs are part of an ongoing overhaul of its services unit.
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Management and pilots break off talks, making liquidation more likely.
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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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The company has decided to leave the public markets.