Late Tuesday, PC maker Hewlett-Packard forecast a healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. But the company remained mum on who will fill its CE…
Electrolux (ELUXY) named Keith McLoughlin as president and CEO after Hans Stråberg notified the board that he wishes to leave the company.
McLoughlin will succeed Stråberg on January 1, 2011, Electrolux said in a statement. McLoughlin is currently in charge of R&D, Manufacturing and Purchasing for Electrolux Major Appliances. He was previously head of Electrolux…
Continue reading Electrolux Names New CEO
Electrolux Names New CEO originally appeared on DailyFinance on Thu, 23 Sep 2010 07:22:00.
Filed Under: Company News, Technology, Green, Retail
HSBC CEO Michael Geoghegan has threatened to quit if not made chairman. Will the board call the hot-tempered CEO on his bluff?
Continue reading HSBC CEO Threatens to Resign if Not Promoted
HSBC C…
Nokia (NOK), the Finnish mobile phone maker, jumped in extended trading after appointing Stephen Elop as president and CEO.
Nokia rose 5.3% to $10.28 a share at 6:32 a.m., Eastern time. The shares gained 0.6% to $9.76 on Thursday.
Elop, who is curre…
Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle. It’s a big drop from his HP compensation.
Continue reading H…