Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…
Aon Corp., the world’s biggest insurance broker, revealed in a regulatory filing Thursday a restructuring plan which includes cutting 1,500 to 1,800 positions globally, as it combines the operations of the recently acquired Hew…
Blockbuster, (BBICP) the movie-rental chain that filed for bankruptcy last month, may have a new CEO by the end of the year.
The company has agreed to hire a headhunter to look for new blood once it emerges from bankruptcy protection, The Wall Street Journal said without naming its sources.
Some creditors are unhappy with the performance of current CEO Jim Keyes, and want to find…
Continue reading Blockbuster Considers Switching CEO
Blockbuster Considers Switching CEO originally appeared on DailyFinance on Tue, 12 Oct 2010 07:25:00.
Filed Under: Company News, Technology, People, Media, Blockbuster, Credit
It’s official. Ford has begun winding down its long-lived Mercury brand, ending production of the Mountaineer sports-utility vehicle Friday. In June, Ford announced its intention to shutter the 71-year-old nameplate as part of …