Word: ceos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...S.p.A. announced on Friday that Giancarlo Di Risio, the house's well-regarded chief executive officer since 2004, will step down. No official reason was given, but sources say that clashes over expenses with Donatella Versace, the creative director and part owner of the brand, were to blame. Another CEO, Kim Winser of the British brand Aquascutum, also resigned last week, after a buyout she put together was rejected by the brand's Japanese parent company, Renown. And according to a report in Women's Wear Daily, Ungaro designer Esteban Cortezar is expected to leave the house after just three...
Xiong Weiping, the chief executive officer of China's largest aluminum company, Chinalco, spent the better part of the last four months doing something no other CEO of a state-owned Chinese company had ever done. He campaigned - in an open, very western way - to gain approval in Australia for what would have been China's largest foreign investment ever: a proposed $19.5 billion stake in Rio Tinto, the world's second largest mining company. The deal would have given Chinalco roughly an 18% stake in Rio, as well as outright control of some valuable copper and iron ore mines...
...French team leading the investigation into the Air France Flight 447 crash works through the multitude of likely and less likely disaster scenarios - from the repercussions of stormy conditions to an act of terrorism - perhaps among the most difficult to assess will be possible flight computer malfunctions. Air France CEO Pierre-Henry Gourgeon noted on Monday that immediately preceding AF447's disappearance, automatic messages sent by the plane indicated "multiple technical failures." As details emerge regarding these messages, experts will struggle to understand whether they were the inevitable result of the plane's breaking up or indicators of the failures...
...first public statement from Hummer's Chinese bidder, Yang Yi, CEO of Sichuan Tengzhong Heavy Industrial Machinery, said his company "will be investing in the Hummer brand and its research and development capabilities, which will allow Hummer to better meet demand for new products such as more fuel-efficient vehicles in the U.S." (See the 50 worst cars of all time...
...Tengzhong CEO Yang's comments about fuel efficiency are a recognition that the Hummer has to change its image if it wants a future in the U.S., where the public has soured on gas guzzlers, and in China, where gas-mileage standards are high and are expected to increase. "They see that great weakness in the vehicle and the movement in China toward more fuel efficiency," says Bonnell. "We know they have to address that if they want people...