Bear Stearns CEO Resigns; Operating Chief to Take Over
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Bear Stearns's James E. Cayne handed over the chief executive role to his handpicked successor, staying on as chairman as the securities firm tries to recover from the collapse of the subprime mortgage market.
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SAN FRANCISCO (CBS.MW) -- PeopleSoft Inc. founder Dave Duffield has resigned his posts as chairman and chief executive officer of the Pleasanton, Calif.
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Motorola Inc. MOT.N on Wednesday said  its No. 2 officer, who had been passed over for the chief  executive post, will resign at the end of January to seek a top  spot with another company.
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NEW YORK -(Dow Jones)- JPMorgan Chase &amp; Co. &#39;s (JPM) chief financial officer, Dina Dublon, will resign at the end of the year and be replaced by Michael Cavanagh , currently head of middle market banking.
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The CEO of the computer disk drive maker abruptly resigns.
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For the first time in Bear Stearns' history, an investment banker will be running the show. As soon as Tuesday, Bear Stearns is expected to announce that Alan Schwartz, president of the securities firm, will succeed James Cayne as its chief executive. When it does, it will usher in a new era for Bear, which his [...].
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Former newspaper baron Conrad Black resigned as chairman and chief executive of Hollinger Inc. on Tuesday, in an expected move designed to help him take the Canadian holding company private.
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NEW YORK (CBS.MW) -- Conrad Black stepped down Tuesday morning from his position as chairman and CEO of media holding company Hollinger Inc.
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Joseph C. Lewis, who became a billionaire trading currencies, has taken a 7 percent stake in Bear Stearns Cos Inc &lt;BSC.N&gt;, snapping up about $860 million worth of the investment bank's stock over the past two months.
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Royal Bank of Canada, the country&#39;s largest bank, named TSX Group Inc. Chief Executive Officer Barbara Stymiest to a new position of Chief Operating Officer, part of a reorganization that includes replacing three senior executives.
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PeopleSoft Inc. PSFT.O on  Tuesday said Chief Executive and Chairman Dave Duffield has  resigned from the business software maker, which agreed to a  $10.3 billion buyout by rival Oracle Corp. ORCL.O earlier  this month.
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Conrad Black will resign from Hollinger Inc., the Canadian company that controls the publisher of the Chicago Sun-Times, to clear the way for the board to consider a bid to take the company private, his lawyer said.
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Bear Stearns Cos. Inc.  on  Friday replaced the head of its asset management business after  two of the investment bank&#39;s hedge funds hit rock bottom by  making bad bets on risky mortgages.
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HONG KONG (Dow Jones)--The chief executive of Standard Chartered PLC&#39;s (STAN.LN) Hong Kong operations, Peter Wong, has resigned, a bank spokeswoman said Monday.
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NEW YORK/ZURICH  - UBS AG  , Switzerland's largest bank, in a surprise move on Thursday replaced Chief Executive Peter Wuffli with his deputy, Marcel Rohner, and said Wuffli would leave the company.
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Paul Tellier stepped down on Monday as president and chief executive of Bombardier Inc. (BBDsvb.TO: Quote, Profile, Research) (BBDb.
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David Duffield has resigned as PeopleSoft Inc.&#39;s chief executive officer and chairman less than three months after taking over again as CEO at the company he founded and which is in the process of being acquired by rival Oracle Corp.