Keane waffles on whether new chief will leave company after Caritor deal
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Will she stay or will she go? A day after it said its new top executive would be leaving after the company was bought, Boston technology services firm Keane Inc. yesterday said Kirk E. Arnold may stay on in some capacity when the company's acquisition by Caritor Inc. takes effect in the second quarter.
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Paul Otellini, currently president and COO, will replace outgoing chief Craig Barrett in May.
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Roy Keane will quit football when his current contract with Manchester United expires at the end of next season.
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HONG KONG (CBS.MW) - Manchester United, the best-known soccer club in the world, is expected to issue a statement this week telling Tampa Bay Buccaneers owner Malcolm Glazer to &quot;put up or shut up&quot; on a possible new offer.
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Phil Knight said yesterday he is resigning as president and chief executive of Nike but will remain chairman of the world&#39;s largest athletic shoe and clothing maker at a time
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Though Jeffrey L. Bewkes will take over as Time Warnerâs chief executive at the beginning of January, it remains unclear how the company will look after he takes control.
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First it was the CEO -- now the CFO has left, too. What should shareholders be thinking?
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(InfoWorld) - A Microsoft executive has confirmed that the leader of its search team is leaving the company. In an internal memo viewed by IDG News Service, Microsoft's President of its Platforms and Services Division Kevin Johnson said that Christopher Payne is leaving Microsoft to form his own company. Published reports including one by The Wall Street Journal said as much last week, but Microsoft would not confirm his departure. Johnson said in the memo -- dated Friday and sent Sunday night to Microsoft employees, sources said -- that he and Steven Sinofsky, senior vice president of Windows and Windows Live Engineering are searching for a successor for Payne. "Christopher has been a tireless leader of our search R&D efforts over the last four years," Sinofsky wrote in his memo. "In that period, we've built a world-class search engine and a fantastic development team focused on this key business and product area for Microsoft. I thank Christopher for his leadership in this area, and wish him well in his future endeavors." Johnson said Microsoft's online services business continues to be "crucial" to the company's future success, and the company is committed to "accelerating" its progress in this area. "We need to drive hard on search, build our services platform to support users around the world, and deliver compelling user experiences," he wrote. "I appreciate your continued focus on the upcoming milestones and deliverables in our current search plan." Microsoft could not be reached immediately for comment through its public relations firm on Monday. Payne's bio remained online Monday, and Johnson's e-mail did not specify when the corporate vice president in charge of Windows Live Search would be leaving the company. It also was not clear if Payne plans to leave Microsoft for his own reasons or if the company is terminating his employment. However, Microsoft's search and online business has not been faring well against Google since Microsoft unveiled a plan in November 2005 to rename its search engine Windows Live Search and develop other Web-based services under that moniker in an attempt to take more of the online advertising market. At the time, the company also announced a small-business hosted package called Office Live. Revenue from Microsoft's online properties also remained relatively flat over the last fiscal year despite the company's increased investment to bolster this part of its business. Before taking over Microsoft's Windows Live Search team, Payne was vice president of MSN.com, where he managed MSN Search, the MSN.com home page, MSN Autos, MSN Entertainment, MSNBC, Slate, and the MSN Channels properties.
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Liverpool could be about to be taken over by a new suitor, according to reports.
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MANCHESTER - As Wayne Rooney steps closer to his Manchester United debut, club captain has Roy Keane warned the England striker not to trust anyone as he revealed a world of hangers-on and back-stabbers at Old Trafford.
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The company is changing. Does c-h-a-n-g-e spell opportunity?
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A Fool sees the CEO of a company he owns step down. What now?
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Resignation points to potential problem for Dutch lender in keeping staff as takeover battle plays out.
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Manchester United captain Roy Keane said he might yet play on at Old Trafford when his current contract ends just days after saying he would retire next year.
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Nokia (NOK1V.HE: Quote, Profile, Research) said on Friday the head of its networks unit had resigned and another top networks executive left, in the second major shake-up
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The board had all the usual questions about the candidate for chief executive before it voted on Monday. Would he have the leadership to steer a global company?
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Jeremy Coote gets the boot as new CEO absorbs role.