Word: ceo
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...CEO of a public company is sick, does the board have to tell the world? How sick? Life-threatening? Enough to keep the person out of work for an extended period...
...McDonald's (MCD) faced the issue several years ago. Its new CEO at the time developed cancer and eventually died. MCD named a temporary chief executive and told the world...
...There has been a troubling suspicion that Apple (NASDAQ: AAPL) has not been forthcoming enough about the health of its CEO, Steve Jobs. He was O.K., and then he was not. The board probably knew that all was not well. It decided to keep that to itself. But maybe the board grew restless and asked Jobs to take some time off. (See pictures of Jobs...
...Crew's bottom line? Compared with most retailers, the company has stayed strong since the economic downturn began. "J. Crew continues to be one of the few retailers offering differentiated and unique merchandise to customers," analyst Christine Chen wrote this month in a report for Needham and Co. CEO Mickey Drexler, ex-chief of the Gap, has jump-started the brand by revamping the quality of its merchandise. But the economic downturn has not left J. Crew unscathed - profits fell 6% through the first three quarters of fiscal 2008. "It's a huge deal," says Marshal Cohen, retail analyst...
Richard Parsons is the new face of the struggling, bailout-needy Citigroup. The former CEO of Time Warner Inc. (TIME's parent company) became Citi's Chairman just days after the company announced an $8.3 billion fourth-quarter loss - its fifth quarterly loss in a row - and revealed that it would separate its retail banking business from the risky assets dragging it down. Citi may be taking on water faster than it can dump it out, but Parsons is no stranger to financial struggle. When he took over AOL Time Warner in 2003, the media conglomerate was $27 billion...