Chief of Sears to Step Down
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Moving to show investors he is serious about a turnaround at Sears, Edward S. Lampert, the retailerâs billionaire chairman, said the companyâs chief executive, Aylwin B. Lewis, would step down.
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Mall developer Mills Corp. , which is under investigation for accounting problems, said yesterday that its longtime chief executive retired over the weekend, becoming the second high-ranking executive to leave in recent months.
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BENTONVILLE, Ark. -- A senior marketing executive hired by Wal-Mart to help sell more high-end products has left the company after less than a year on the job, the world's largest retailer said yesterday.
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In a long-expected move, the retailer announced that its chief executive, Bob Ulrich, would retire May 1 and be replaced by its president, Gregg Steinhafel.
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James Cayne, the chief executive of Bear Stearns, is reported to be planning to step down soon.
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Michael Eisner plans to step down  as Walt Disney Co. DIS.N chief executive when his contract  expires in September 2006, the head of the entertainment  conglomerate said in a letter to the board released on Friday.
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Secretary of State Colin Powell, widely viewed as the moderate in an administration dominated by hawks, announced yesterday he will step down as chief US diplomat once a successor is in place.
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Nike Inc.  co-founder Philip Knight, who helped transform a small start-up into the world's biggest athletic shoe company, will step down as chief executive officer, the company said on Thursday.
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COLLEGE PARK, Md. -- Mall developer The Mills Corp., which is under investigation for accounting problems, said Monday that its longtime chief executive officer retired over the weekend, becoming the second high-ranking executive to leave in recent months.
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Dell, the computer maker, said Tuesday that its chief financial officer was stepping down as the company faces two federal investigations into its accounting practices.
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Eddie Bauer Holdings Inc. , the outdoor and casual clothing retailer, on Friday announced the resignation of Chief Executive Fabian Mansson, one day after shareholders rejected a $286 million takeover by two private equity firms.
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Sun-TimesÂ chief executive will step down as the company shifts its New York-based corporate functions to its Chicago headquarters.
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The Mills Corporation, a shopping mall developer whose accounting practices are under investigation by the Securities and Exchange Commission, said Monday that its chief executive retired over the weekend Â the second top executive to leave the company recently.
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Philip Knight, the co-founder of  Nike Inc. NKE.N, is stepping down as chief executive officer,  the athletic shoe company said on Thursday.
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Sears Canada fired its top executive Thursday over what it characterized as &quot;strategic differences&quot; and enlisted the chief financial officer of parent company Sears, Roebuck Co.
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Target Corp. said Wednesday that President Gregg Steinhafel would take over for retiring CEO Bob Ulrich, a long-expected handoff that comes just as the nation's second-largest retailer hits a rough patch.
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Sept. 10, 2004 - Michael Eisner plans to step down as chief executive of the Walt Disney Co. when his contract expires in 2006, he said in a letter to the company&#39;s board of directors.