Corporate management

February 18, 2020 - 6:24 pm
WILMINGTON, Del. (AP) — DuPont Co. said Tuesday that its executive chairman is assuming the duties of CEO. Ed Breen will replace Marc Doyle as chief executive effective immediately, the company said. The move is part of a plan to tap Breen's management experience and speed up improvements in DuPont...
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FILE - In this March 29, 2018 file photo, President Donald Trump poses for members of the media with then White House Communications Director Hope Hicks on her last day before he boards Marine One on the South Lawn of the White House in Washington. Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House. Hicks will be serving as counselor to the president, working with presidential son-in-law and senior adviser Jared Kushner. (AP Photo/Andrew Harnik)
February 13, 2020 - 5:53 pm
WASHINGTON (AP) — Hope Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House as the president works to surround himself with loyalists as his reelection campaign moves into high gear. Hicks, a former White House communications director who...
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FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)
February 12, 2020 - 7:35 pm
LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...
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FILE - In this May 30, 2019, file photo, the new HealthHUB is shown inside a CVS store in Spring, Texas. CVS Health reports financial results on Wednesday, Feb. 12, 2020. (AP Photo/David J. Phillip, File)
February 12, 2020 - 11:06 am
CVS Health swung to a fourth-quarter profit and is starting the new year with a management shakeup for its largest business. The company will replace Derica Rice with Dr. Alan Lotvin as the leader of its pharmacy benefit management segment. CVS Health also named former Concerto Healthcare executive...
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FILE -In this Nov. 21, 2011 file photo, shoppers pause outside of the Fifth Avenue FAO Schwarz in New York. Under Armour said Tuesday, Feb. 11, 2020, that it may scuttle the opening of its flagship store inside the space formerly occupied by the iconic FAO Schwarz toy store in New York City. (AP Photo/Bebeto Matthews, File)
February 11, 2020 - 11:01 am
NEW YORK (AP) — U nder Armour's shares plummeted Tuesday with the company anticipating a big financial hit from the viral outbreak in China, and it said separately that it may need to restructure this year at a cost of hundreds of millions of dollars. The athletic gear maker expects the outbreak in...
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FILE - In this March 28, 2018 file photo, Jim Farley, Jr. executive vice president and president of Global Markets of the Ford Motor Company, is shown in this photo during New York International Auto Show. Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. A person briefed on the matter says that automotive President Joe Hinrichs will retire from the company. Farley, president of new business and strategy, will become chief operating officer. The person didn't want to be identified because the moves haven't been formally announced. Ford has scheduled a conference call with reporters for later Friday, Feb. 7, 2020 (AP Photo/Richard Drew, File)
February 07, 2020 - 12:43 pm
DETROIT (AP) — Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. The Dearborn, Michigan, company says that automotive President Joe Hinrichs will retire effective March 1. Jim Farley, president of new business and...
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FILE -- In this Nov. 19, 2015 file photo Tidjane Thiam, CEO Credit Suisse, informs the shareholders about a capital increase during an extraordinary general assembly in Bern, Switzerland. Credit Suisse said Chief Executive Officer Thiam is resigning. Thiam will be replaced by Thomas Gottstein, a 20-year veteran of the bank who leads the Swiss unit. (Dominic Steinmann/Keystone via AP)
February 07, 2020 - 7:24 am
GENEVA (AP) — Credit Suisse CEO Tidjane Thiam is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank. The bank said in a statement Friday that its board had accepted Thiam's resignation...
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FILE - In this Tuesday, Jan. 21, 2020 file photo, Ginni Rometty, President and CEO of IBM, attends a panel discussion at the World Economic Forum in Davos, Switzerland. Ginni Rometty is stepping down after nearly 40 years with the computing giant and eight years at its helm. The company said Thursday, Jan. 30, 2020 that Arvind Krishna will take over as CEO starting April 6 . (AP Photo/Michael Probst)
January 30, 2020 - 6:40 pm
ARMONK, N.Y. (AP) — Ginni Rometty, the first female CEO in IBM's century-long history, is leaving the helm in April. Rometty, 62, will remain IBM's executive chairwoman until the end of the year. Her departure, announced Thursday, caps nearly 40 years with a technology giant famous for its...
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FILE - In this Wednesday, Sept. 26, 2018 file photo, Ginni Rometty, Chairman, President, and CEO of IBM, speaks at the Bloomberg Global Business Forum in New York. Ginni Rometty is stepping down after nearly 40 years with the computing giant and eight years at its helm. The company said Thursday, Jan. 30, 2020 that Arvind Krishna will take over as CEO starting April 6 . (AP Photo/Mark Lennihan, File)
January 30, 2020 - 6:33 pm
IBM has had just one female CEO in its century-long history. Ginni Rometty took over the helm in January 2012. IBM announced Thursday that she's stepping down in April. Here's the list of CEOs at IBM: Thomas J. Watson, May 1914-May 1956 Thomas J. Watson, Jr., May 1956-June 1971 T. Vincent Learson,...
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Ivanka Trump, left, the daughter and assistant to President Donald Trump, talks with Brian Hook, U.S. special representative for Iran, talk before an event with President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in the East Room of the White House in Washington, Tuesday, Jan. 28, 2020, to announce the Trump administration's much-anticipated plan to resolve the Israeli-Palestinian conflict. (AP Photo/Alex Brandon)
January 30, 2020 - 2:26 pm
WASHINGTON (AP) — The Trump administration said Thursday that it will continue — at least for now — its policy of not sanctioning foreign companies that work with Iran's civilian nuclear program. But to signal that its pressure campaign against Tehran continues, Treasury announced new sanctions...
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