Bombardier CEO Quits, Shares Plunge
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Paul Tellier stepped down as president  and chief executive of Bombardier Inc. BBDsvb.TO BBDb.TO,  sending the train and plane maker's shares down as much as 26  percent to a 10-year low on Monday.
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Bombardier Inc., the world&#39;s biggest maker of railway equipment, said third-quarter profit plunged 93 percent because of higher costs in the train business and fewer aircraft deliveries.
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The CEO of the computer disk drive maker abruptly resigns.
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The abrupt ousting of Bombardier Inc. chief executive Paul Tellier yesterday was the culmination of 23 months of growing differences and frustration between him and the controlling shareholder, the Bombardier family, industry sources say.
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The chief executive and chairman of the Marsh &amp; McLennan Companies, the world&#39;s biggest broker of insurance, resigned yesterday, less than two weeks after his company was accused of cheating customers.
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Jeffrey W. Greenberg, chairman and chief executive of Marsh &amp; McLennan Companies Inc., which is the target of a bid-rigging investigation by New York&#39;s attorney general, submitted his resignation on Monday, the company said.
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Shares of Monster Worldwide Inc.  , parent of jobs Web site Monster.com, fell more than 2  percent on Wednesday after it said its chief financial officer  was resigning in a management shake-up.
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Thailand's airport authority chief quits amid mounting pressure over the failings of Bangkok's new airport.
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Canadian trains and planes manufacturer Bombardier Inc. fired its chief executive officer on Monday and its share price dropped to record lows.
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Description: Marsh &amp; McLennan CEO Jeffrey Greenberg steps down, according to a Wall Street Journal online report. Greenberg&#39;s exit comes a little more than a week after his firm was named in a bid-rigging inquiry.
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MONTREAL - Paul Tellier stepped down as as president and chief executive of Bombardier Inc., sending the train and plane maker&#39;s shares down as much as 26 percent to a 10-year low on Monday.
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Earlier, federal Transport Minister Jean Lapierre said the sudden resignation of Bombardier&#39;s chief executive, Paul Tellier, on Monday would have no impact on the subsidies negotiations.
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Jeffrey W. Greenberg resigned Monday as chairman and chief executive of Marsh &amp; McLennan Cos. Inc. insurance brokerage, the company said, in a move that appeared aimed at positioning
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TORONTO -- The debt of Bombardier Inc., which makes aircraft and trains, was downgraded Thursday by Moody&#39;s Investors Service to below investment grade.
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Marsh & McLennan Cos. MMC.N said on  Monday Chairman and Chief Executive Jeffrey Greenberg resigned,  11 days after New York's attorney general accused the world's  biggest insurance broker of rigging insurance prices.
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NEW YORK - Marsh and McLennan chief executive Jeffrey Greenberg has resigned, 11 days after New York Attorney-General Eliot Spitzer accused the company of rigging insurance prices and taking kickbacks.
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Paul Tellier stepped down as president  and chief executive of Bombardier Inc. BBDsvb.TO  on Monday,  surprising investors and sending the train and plane maker's  shares down as much as 26 percent to a 10-year low.