William Morris Agency Revamps Top Management
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The William Morris Agency, a powerful U.S. talent and literary group, revamped management on Friday, promoting two executives to top jobs after three veterans left over differences about the company's direction.
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Marks &amp; Spencer chief executive Stuart Rose yesterday took hands-on control of the underperforming retailer, announcing the departure of four main board directors and two other senior executives.
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Ford Motor Co. announced on Thursday a shake-up of its top management intended to streamline vehicle development efforts and bring Chief Executive Alan Mulally closer to key operations.
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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.
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Title-mania is transforming the executive suites of Madison Avenue as agencies and advertisers give senior managers some nontraditional, offbeat, even wacky titles.
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Brought in last year to turn Kraft around, chief executive Irene B. Rosenfeld wants to redefine the company and invigorate her staff by encouraging risk taking.
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The company's original visionary returns to the helm.
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Marks &amp; Spencer has announced a shake-out of top management after revealing that trading conditions have worsened, but it has not issued a profit warning as investors had feared.
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He outlines management and strategy changes for the CRM and service management company.
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The flurry of executive changes at the top of several New York ad agencies continued last week with Saatchi & Saatchi naming Arnold's Mary Baglivo the sole CEO after four years of management experiments with multiple leaders.
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Talk about a tough sales call. Marsh &amp; McLennan Co.'s top managers, led by new chief executive Michael Cherkasky, took their corporate rehabilitation story to Wall Street yesterday in a conference call with stock analysts. The gist of the plans had been publicly revealed the day before.
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Struggling Krispy Kreme Doughnuts has named new top executives, retained a financial adviser and said it is taking other steps to address its current situation.
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Lowe Worldwide's new leader has a reorganization plan for the agency, which is recovering from account losses, management turmoil and failed mergers.
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Bear Stearns, which bailed out two hedge funds with $1.6bn, hires a new head of asset management.
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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.
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British retailer Marks and Spencer announced a major management shake-up as part of efforts to revive its fortunes, saying trading has become tougher ahead of the crucial Christmas period.
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Marks &amp; Spencer, the beleaguered high-street retailer, today announced a major management shake-up as it unveiled its first half results and said trading had become tougher since its last update in early October.