Third top executive leaves BAA
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Business & money: Â· Airport group denies link to last year's disruption Â· Talk of 2,000 job cuts played down.
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The company has decided to leave the public markets.
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Just a few days after the official birth of Sanofi-Aventis, the world's third-biggest pharmaceuticals company, one of its board members has announced he is stepping down, a source close to the negotiations told AFP.
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Bank of America Corp. said yesterday it will slash 3,000 jobs from its workforce of nearly 200,000 and move its top Boston executive to New York to take over the company's troubled investment banking unit.
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The co-founder of the athletic shoe and clothing company is stepping down as president and CEO, with his resignation taking effect Dec. 28.
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The German co-head of European defence and aerospace group EADS will step down when his contract expires next year. Last week Rainer Hertrich created a row over the leadership of the Franco-German group, saying
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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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EADS Deputy Chief Executive Jean-Paul Gut, who oversaw strategy for Airbus' parent, is departing after "a divergence in views," the company said Monday.
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The head of Swiss-Swedish engineering group ABB quits after a clash over the firm's strategy.
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Richard Notebaert said Monday he will leave as chairman and chief executive officer after the board had chosen a replacement.
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MINNEAPOLIS -- Northwest Airlines Chief Executive Richard Anderson is stepping aside and will take a top job at health care insurer UnitedHealth Group.
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By ANICK JESDANUN  NEW YORK - Three senior executives are leaving AOL following a recent shake-up that brought in a veteran NBC executive as the online company's new chief executive, two people familiar with the matter said Friday.
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The leader of New York's elite securities fraud prosecution team is leaving to pursue opportunities in private practice, government officials announced yesterday.
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Michel Mayer is leaving his dual role as chairman and CEO for the semiconductor company.
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Three senior executives are leaving AOL following a recent shake-up that brought in a veteran NBC executive as the online company's new chief executive, two people familiar with the matter said Friday.
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Money manager Legg Mason Inc.  on Friday announced another high-profile change in its top ranks, saying chief administrative officer Timothy Scheve will leave to take the top job at another company.
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Ciba Specialty Chemicals Holdings said that its chief financial officer, Michael Jacobi, would leave and that it had named an executive from Dow Chemical as his successor. Mr. Jacobi, who is 53, plans to step down in March to Âpursue a new career path,Â the company said. ÂI have been doing this for 10 years, and I think itÂs time for a change,Â Mr. Jacobi said. Ciba said Mr. Jacobi would be succeeded by Juerg Fedier, 51, a executive of DowÂs European operations.