Word: chairman
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...been the world's premier insurance firm posted greater and greater losses on its derivative investments, the board pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG problems because he was slow to address them and was himself fired in September. His replacement, who holds the job now, is Edward Liddy, former head of Allstate. Liddy's most notable accomplishment since moving into the corner office...
...disagree with the observation of some analysts that this deal makes Oracle more IBM than Apple. (Just two weeks ago, IBM had made an unsuccessful attempt to acquire Sun, meeting vociferous opposition from Sun's board, particularly from its chairman, the company's legendary founder Scott McNealy.) With the Sun acquisition, Ellison gets a soup-to-nuts business and the ability to integrate everything from chips to boxes to software. But better than serving the fickle consumer market, as Apple does, he gets to slice off the top of the far more lucrative business market. That allows him to protect...
...Considered one of the most successful young reporters in the business, Rattner nonetheless left the profession in 1982 to become an investment banker. He worked at Lehman Brothers, Morgan Stanley and eventually Lazard Freres, where he served as deputy chairman...
...primary assets. But because he joined the Council only eight months before the upcoming November election, Ward has yet to simultaneously catch up on City governance and reignite his once-failed campaign.In the month since he was sworn in, Ward has sponsored two resolutions and been appointed chairman of the University Relations committee, replacing Murphy. He assumes the post at a time when the Council has been repeatedly criticizing Harvard and MIT for laying off low-income employees. But despite the current relevance of that position, he has not yet carved a distinct niche for himself on the Council.UNIVERSITY RELATIONSWard...
Palin, Gov. Sarah • Alaska Legislature soundly rejects choice of for state attorney general • denial by of calling for Sen. Mark Begich to resign so Ted Stevens could be re-elected after e-mailing "I absolutely agree" in response to Alaska Republican Party chairman's call for Begich to step down • description of by former supporter of as "a clownish, vindictive amateur...