Word: shake-up
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...pressure led to a shake-up last October, when McDonald's CEO and chairman Michael Quinlan brought in Greenberg. He carries an unlikely pedigree--he was an attorney and accountant at Arthur Young who moved over to his client, McDonald's, as chief financial officer in 1982. He spent lots of time building the financial structures needed for the company's overseas development, but has little experience in burger warfare. That's part of his charm. "I don't feel defensive," he says...
Most insiders think Tarses' job is safe for now, if only because Disney and ABC can ill afford the embarrassment of another high-profile executive shake-up. Last December, Michael Ovitz, the former superagent who spearheaded the effort to hire Tarses, resigned after a troubled 14-month tenure as Eisner's No. 2 executive. The news division is currently going through a rocky transition, as longtime president Roone Arledge has been promoted and his successor, David Westin, is weathering a messy scandal over his affair with the network's top public relations executive, Sherrie Rollins...
...sanctions against Libya blocked acceptance. Last year PATTY STONESIFER directed Microsoft's move from software into "content," meaning movie-quality games, online publications like Slate and news services like msnbc, a step that will change the shape of news and entertainment. In December she left in a company-wide shake-up. People who think Microsoft is a teenage boy's tree house say she was shaken out of the tree...
...setting: the isolated west coast of Sweden. Educated as an economist, Barnevik left a management-consulting job to help a troubled Swedish steel company. Success there led to the ceo spot at Asea, a large electrical-engineering firm then in decline. Barnevik carried out a radical and initially painful shake-up, dubbed "Percy's reign of terror...
...lapses in the FBI crime lab have triggered a staff shake-up. On Jan. 20 the Justice Department gave FBI officials a preliminary report that found errors, sloppiness and poor management in the agency's crime lab. The investigation had its origins in charges made since the mid-1980s by Frederic Whitehurst, a senior chemist. The report is still secret, but Justice and FBI officials say that while it found nothing illegal, it did identify some serious lapses. FBI Director Louis Freeh has already launched reforms. Meanwhile, the agency announced that three bomb investigators have been removed from their positions...