Word: ceos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...owned French giant is scrambling not just to rectify a series of snafus at a high-profile reactor it's building in Finland, but also to raise more than $10 billion in new capital and weather the loss of an important industrial partner. All that has raised concerns that CEO Anne Lauvergeon - who fused a disparate collection of firms into the first one-stop-shop nuclear conglomerate, winning plaudits and the nickname "Atomic Anne" along the way - has dangerously overreached. "Areva had built a big lead and a lot of momentum coming into this nuclear renaissance, but the various problems...
...troubles in Finland probably contributed to German engineering giant Siemens' January decision to pull out of its eight-year partnership with Areva. It has also raised questions about CEO Lauvergeon's management style. Critics accuse her of being better at selling big projects than at executing them. Some suggest her refusal to reconfigure the joint venture with Siemens to give it a direct stake in Areva ultimately convinced the Germans they could do better with another partner. (Read: "Siemens Sues Its Own Managers...
...Lewis has said that he would like to stay on as CEO of Bank of America until his firm is able to repay the $45 billion it received in government assistance during the financial crisis. Some money managers say that could take years - and it looks increasingly unlikely that Lewis will be able to hang on that long. In April, shareholders voted to strip Lewis of the title of chairman. Moreover, regulators have pushed the bank to replace a number of its corporate directors. The SEC settlement may be the final straw for Lewis...
...very rare when you split the chairman and CEO position for the top executive to stay in place," says Paul Miller, who follows Bank of America at FBR Capital Markets. The executive's performance during the financial crisis has come under increasing scrutiny in the past few months. At the center of the criticism, and the SEC complaint, is the way Lewis handled the Merrill Lynch acquisition. Lewis and his executives hammered out the details of the multibillion deal to buy Merrill over the course of a single weekend during the worst of the financial crisis. Quickly, it became apparent...
Nissan's new zero-emissions electric vehicle is a quiet car with a noisy message. During an Aug. 2 unveiling at the company's new headquarters in Yokohama, Nissan CEO Carlos Ghosn drove the Leaf, a four-door hatchback, onto the main stage with Japan's former Prime Minister Junichiro Koizumi in the passenger seat and the mayor of Yokohama and the governor of Kanagawa prefecture sitting in the back. The point was loud and clear: Nissan, which is investing heavily not just in electric-car development but also in infrastructure like charging stations, has politicians on board...