Amcor cleans out top management ranks
481608
Amcor has today revealed a thorough trashing and a top level clean out at the packaging giant over possible breaches of the Trade Practices Act after the company said certain officers and
679788
Pioneer struggles with turnover at its highest levels.
545428
Australiaâs Amcor ousts CEO amid cartel probe Amcor, the worldâs top maker of plastic bottles, ousted its respected chief executive after finding some staff may have acted illegally to drive up box prices, knocking 8 percent off its shares.
10997
ONE day after his resignation from Amcor on September 28, the company claims senior executive Albert Mihelic began plundering confidential information from the global packaging giant to help him start up a rival business with four colleagues.
249088
Here's how to reward executives and shareholders properly.
420897
Microsoft shook up its executive ranks Thursday, bringing together a triumvirate of managers to take over its troubled online-services operations and shaking up management of Windows Mobile and Vista.
40281
In its latest move to restructure and shore up its stock, Sprint Nextel yesterday announced the immediate departures of three top executives, including Chief Financial Officer Paul Saleh.
496997
Another new policy at Marsh &amp; McLennan Cos. (nyse: MMC - news - people ): The insurer said yesterday that five directors--all company executives--are leaving its board.
82817
Amcor, the worldâs biggest maker of plastic bottles, ousted its chief executive after finding some staff may have acted illegally to drive up cardboard box prices, knocking 10 per cent off its shares.
512964
(InfoWorld) - AOL on Monday confirmed to its employees the rumored departure of several senior executives and announced a reshuffling of top-tier management duties in a memo penned by Randy Falco,Â the new chief executive officer. Five high-level executives are leaving, all of whom reported directly to Jonathan Miller, the former CEO whoÂ was abruptly fired in mid-NovemberÂ to the surprise of many. Four of them figured prominently in Miller's strategy,Â outlined in September, to complete AOL's radical transformation from a provider of dial-up Internet access that charged for most of its content and services to an open and free Web portal focused on online advertising revenue. Miller had been praised for early success in transitioning the company to an ad-driven model, and some AOL observers are concerned that the shakeup could destroy the momentum he built up. In particular, some view with skepticism that Miller has been replaced by a TV industry veteran and not an Internet specialist. Falco was president and chief operating officer of the NBC Universal Television Group. In Monday's memo, obtained by IDG News Service, Falco praised Miller's plan but said it needed to be "tighter, clearer and better focused on operations" with a greater focus on execution and with more accountability "built into the organization." "In such crucial areas as our speed to market and innovating new products, we have much work ahead of us," Falco wrote. Heading out the door are Jim Bankoff, executive vice president of consumer and publisher services, and Joe Redling, president of AOL Mobile, customer management and paid services, and CEO of AOL International. Joining them will be John McKinley,Â whom AOL had already acknowledged was leaving. Randy Boe, executive vice president for consumer advocacy and privacy, has also resigned, as well as John Buckley, executive vice president of corporate communications. Falco's memo doesn't say when these men will leave. All decided to resign on their own accord, sources said. "AOL has just gone through elements of a significant reorganization, and I know that the departure of well-respected colleagues and friends is not easy for anyone here," Falco wrote. Eight executives will report directly to Falco, including Ted Leonsis, AOL vice chairman; Ron Grant, president and chief operating officer; and Steve Swad, chief financial officer. Grant, a former senior VP of operations at parent company Time Warner Inc. who arrived after Miller's departure, will oversee AOL's business units: products, programming, platforms, AOL media networks, paid services, and international. The new CTO, Balan Nair, will also report to him, "because smoothly integrating our technology resources into the business units has been such a priority," Falco wrote. Kevin Conroy, who reported directly to Miller, will be in charge of products, including AOL Mail, the AOL PC software, portals, video and video search, storage, safety and security products, AIM and mobile products. Bill Wilson will head AOL's programming, an area Bankoff ran, while Falco is still looking for someone to oversee AOL's platforms, including the search engines, e-commerce offerings and online mapping site MapQuest. Mike Kelly, who also reported directly to Miller, will continue to head AOL Media Networks, which includes the key ad sales operation. Kim Partoll, who reported to the departing Redling, will continue in her role managing AOL's paid services. Another area Redling managed, international, still lacks a chief.
339294
Charles Hayward, a former top executive with The Daily Racing Form and Little Brown Publishing, was named yesterday to the top management position at the troubled New York Racing Association.
97041
A graduate of the University of Houston&#39;s master of business administration program has taken over the reins of Kmart Corp. as president and CEO.
330678
Stuart Rose today consolidated his authority at Marks &amp; Spencer as the ailing retailer announced a clear-out of top executives.
638984
Corporate America has finally gotten a bit of swagger back in its step after years of self-doubt and housecleaning in the wake of Enron.
666293
and NELSON ANTOSH. Halliburton on Thursday promoted the head of its KBR operation to the No. 2 job and announced that the highly regarded leader of its oilwell service group had resigned.
749037
Will EchoStar's management shuffle make any difference?
238393
Susan L. Decker, Yahooâs new president, is reorganizing the companyâs management ranks with a new division responsible for generating the bulk of the companyâs revenue.