Business NEWS

Chrysler, UAW Bargain as Strike Deadline Approaches (Update2)

By Amarendra Bhushan for CEOWORLD Magazine Updated:October 10, 2007

Bloomberg – In August, Chief Executive Officer Robert Nardelli, 59, said the company may be trying to build and sell too many models. The company is now considering a plan to cut an additional 1,500 salaried and contract jobs, people familiar with the strategy

Microsoft Oxygen security-management platform in the works
ZDNet Blogs – Posted by Mary Jo Foley @ 12:08 pm Categories: Corporate strategy , Management tools , Security Tags: Oxygen , Microsoft Microsoft has hired security expert Mark Curphey, the former Chief Technology Officer of SourceClear, who is bringing with him to

ADDING MULTIMEDIA Pacer International Consolidates Leadership of Key
Forbes – party logistics and freight transportation provider, announced today the promotion of Adriene Bailey to executive vice president, Strategy and Organizational Development. Reporting to Michael Uremovich, Pacer’s chairman and chief executive officer, Ms

HomePlug(R) Powerline Alliance Announces Intent to Certify IEEE 1901
Forbes – to a single interoperable standard for this breakthrough technology, and HomePlug’s member companies have been deeply involved in the IEEE work groups,” said Oleg Logvinov, president and CEO of Arkados, Inc., who serves as chief strategy officer of

‘Bad apple’ cops rule from the outside
West Online – former officers are controlling syndicates in Victoria’s police, relying on a gossip-based strategy to undermine reforms, the state’s chief Sometimes the most influential member of a group is a former police officer who continues to connect

TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 BST
CNBC – FRANKFURT (Thomson Financial) – Allianz SE expects revenues growth of about 5 pct in the mid-term, chief financial officer Helmut majority stake in Kyowa Pharmaceutical Industry Co Ltd, a Japanese generics company, as part of its strategy to tap

Miller, Coors to join forces
Miami Herald – Tom Long, CEO of Miller, will be president and chief commercial officer. Under the deal, the firms said they will conduct all of their U.S. business exclusively through the venture. They project MillerCoors will sell 69 million barrels in the United

Moves in China focused on Taiwan
Boston Globe – meeting next week at which the Communist Party has said it will adopt a new strategy military, Beijing last month elevated General Chen Bingde of the army to chief of And state media reported last month that another senior air force officer with

OM Group to Acquire Electronics Businesses from Rockwood Holdings
MSN MoneyCentral – Scaminace, chairman and chief executive officer. “Moreover, they fit precisely with our transformation strategy and match up well with our current portfolio. We view this as an enabling acquisition that will allow us to build on our existing

Aricent Demos Intelligent Switch Solution for Ethernet Switching
Forbes – Successful broadband delivery demands a constant quest for speed: speed of throughput, speed of innovation and speed of implementation,” said Sanjay Dhawan, executive vice president and chief strategy officer, Aricent. “By licensing Aricent

Kremlin infighting gets an airing
Los Angeles Times – MOSCOW — A former KGB officer with long-standing ties to President Vladimir V Stanislav Belkovsky, president of the National Strategy Institute, a Moscow think reflected a struggle between supporters and opponents of Putin’s deputy chief of

Fed Signals No Rush to Reduce Rates Again as Economy Expands
Bloomberg – They can now afford to take their time, and gather more data,” said Charles Lieberman, chief investment officer at Advisors Capital edginess of concern with the short-term funding markets,” said James Caron, global head of interest-rate strategy at

European Stocks Rise on Mergers; Hagemeyer, Burren Energy Gain
Bloomberg – services provider, rallied 10 percent to 166.75 pence, the biggest gain in more than four years, after BT Group Plc’s Andy Green was named chief executive officer to replace acting CEO Jim McKenna. Green is currently CEO of strategy and

At Hershey, Sweetness Is In Perilously Short Supply
Wall Street Journal – Lenny’s successor, David West, now the company’s chief operating officer. The company named him to the CEO post a day after it announced Mr. Lenny’s resignation. After a strategy of introducing limited-edition items such as marshmallow-filled Reese’s

Reed’s, Inc. Hires Chief Financial Officer
Forbes – with the Company’s other new members of the management team, including Senior Vice Presidents of Sales, Rory Ahearn and Neal Cohane and Chief Operating Officer, Thierry Foucaut, Mr. Kane will work closely to develop and manage the growth strategy of

Tousa Hires Lazard Freres to Review Capital Structure (Update2)
Bloomberg – We continue to execute on our previously announced asset management initiatives and remain focused on our financial strategy of generating cash, reducing cash outflows and decreasing our leverage,” Chief Executive Officer Antonio Mon said in the

Dennis Campbell Named Chief Operating Officer of JM Eagle
Forbes – with an extensive plastics industry background, to the newly-created role of Chief Operating Officer. The position is part of JM Eagle’s commitment to a smooth integration of the two companies, and will help drive the new regional sales strategy

Forest City Chief Financial Officer Tom Smith to Retire; Bob O’Brien
dBusinessNews.com – Ratner, president and chief executive officer of Forest City Enterprises. His work in establishing state-of-the-art systems and Since 2000, O Brien has served as executive vice president, strategy and investment management of Forest City

Norwich Union plan to axe 300 IT jobs
EDP 24 – cuts to the NU marketing budget. Earlier this year Andrew Moss, the new chief executive of NU’s parent company Aviva, revealed his new One Aviva strategy, which focused on improving performance across the group. Sean Egan, chief information officer at

P&G CEO says company reviewing portfolio
Miami Herald – Procter & Gamble Co. chief executive officer A.G. Lafley speaks during the company’s annual shareholders meeting, Tuesday, Oct. 9, 2007, in Cincinnati. Chief financial officer Clayton Daley Jr. listens at left. Lafley assured shareholders at their

Illinois Tool Works Chairman and CEO David Speer and Entrepreneur and
Forbes – Kevin O’Marah, chief strategy officer, AMR Research, will also address the conference, sharing AMR Research’s views on the role of the independent software provider in today’s technology marketplace. “We are delighted to welcome our customers and

LSR Group seeks to raise 1 bln usd through London share listing
Forbes – The proceeds will be used to fund the group’s growth strategy, through the expansion and development of its real estate portfolio and the modernisation of its plant and equipment. Igor Levit, chief executive officer of LSR, said the group’s operations

Celsis Expands Senior Management Team
Forbes – In his new position, Vorwald will be responsible for setting and overseeing the long-term growth strategy of Celsis IVT’s ADME-Tox products. Vorwald will report directly to Celsis’ Chief Executive Officer, Jay LeCoque. “Philip’s extensive life

Utility may fill CEO job Friday
Raleigh News & Observer – lineman and a corporate lawyer with 15 years of executive experience at Progress Energy. As the company’s chief operating officer and Carolinas and Florida. A leadership change will have little noticeable effect on Progress Energy’s business strategy

LogicaCMG Names BT’s Andy Green as Chief Executive (Update1)
Bloomberg – Oct. 9 (Bloomberg) — LogicaCMG Plc, the Anglo-Dutch computer-services provider, named BT Group Plc’s Andy Green as chief executive officer to replace acting CEO Jim McKenna, effective Jan. 1. Green, 52, is currently CEO of strategy and operations at

InsideView Names SaaS Pioneer Rand Schulman Chief Marketing Officer
Forbes – the on-demand sales intelligence application, announced today that Rand Schulman, a leader in SaaS and Web analytics industries, has joined the company as chief marketing officer. Schulman is responsible for directing InsideView’s marketing strategy

Ameriprise Financial Plans Live Audio Webcast of Annual Financial
Forbes – officer, Kim Sharan, executive vice president and chief marketing officer, and Ted Truscott, president, U.S. asset management/distribution and chief investment officer, will update the financial community on the Company’s performance, strategy and

LogicaCMG shares surge on CEO appointment
CNBC – Green, 52, joins from BT Group PLC where he has been a member of the board since 2001 and where he is currently chief executive officer of strategy and operations. “Green’s responsibilities have included sales and marketing, operations and strategy

MillerCoors Venture Puts Pressure on Anheuser, InBev to Combine
Bloomberg – Bernstein in London, said in a telephone interview. “Shareholders will increasingly question Anheuser’s future strategy.” Anheuser-Busch Chief Financial Officer Randy Baker declined to comment on the brewer’s plans. InBev spokeswoman

Morgan Street Document Systems Appoints New CEO and Announces New
Forbes – The new leadership team members are Richard (Chip) Hay, Chief Marketing and Strategy Officer, Glenn Shimkus, Vice President of Product Management and Development and Kathy Kleekamp, Director of Field Operations. In the past, Smith worked closely

GUCCIONE JR. GOES FROM PENTHOUSE TO THE OUTHOUSE
New York Post – October 10, 2007 — BOB Guccione Jr. is out as the chief executive officer of Discover Media, after what one source described as a One possible source of contention was the company’s Internet strategy. While most print companies are desperately

Mazu Networks Chief Technology Strategist to Present at the Security
Forbes – highlight how NBA solutions fit into network environments as part of a balanced strategy Previously, Kaplan was the chief information security officer for VeriSign Managed Security Services (MSS), where he served as a thought

Thermadyne Holdings to Begin Trading on NASDAQ
MSN MoneyCentral – “We adopted a long-term turnaround business plan in 2004. It involves sweeping and simultaneous change in strategy, organization and culture,” said Thermadyne Chairman and Chief Executive Officer, Paul D. Melnuk. “Establishing financial credibility

MKS Instruments Names John T.C. Lee to Lead Business Unit
Forbes – Lee, who joins MKS from Applied Materials, will report directly to Leo Berlinghieri, Chief Executive Officer and President. “MKS’ strategy is to continue to grow faster than our core served market in semiconductor wafer fabrication equipment, by

UMB Scout Fund’s James Moffett Named Contender for Morningstar’s 2007
Forbes – This recognition is indicative of our knowledge of the global market, high-level expertise and solid investment strategy,” said William Greiner, chief investment officer for Scout Investment Advisors. “I am proud of the outstanding accomplishments

NEW YORK, October 10 —
Earthtimes – Leading DPM Provider Demonstrates Enhanced Data Protection Management Platform and Delivers Business Strategy Seminar Additionally, WysDM’s chief technology officer and co-founder, Jim McDonald, has been invited to deliver a presentation titled

LSE finance chief to quit for Close Brothers
Daily Telegraph – One of the key architects of the London Stock Exchange’s strategy for the last decade is quitting just days after the bourse finalised its 4.6bn merger with Borsa Italiana. Jonathan Howell, the LSE’s chief financial officer, is departing after 11

Henry Takes Full Charge as Amex CFO
CFO.com – Dan has done an excellent job of leading our finance team and has become a key advisor on corporate strategy and business matters,” said Kenneth I. Chenault, chairman and chief executive officer. “Having completed our search, we’ve selected an

Business Digest
Baltimore Sun – stem cells, more flexibility as it advances drugs into phase III clinical programs, Cary Claiborne, Osiris chief financial officer Strategy

SABMiller and Molson Coors to merge U.S. units
International Herald Tribune – Tom Long, Miller’s chief, will become president and chief commercial officer of MillerCoors. Lehman Brothers advised SABMiller on the The brewer will “continue on its current strategy” in Canada, Kiely, of Molson Coors, said during the call

Oce Plans Acquisitions in France, Germany, Chief Executive Says
Bloomberg – printers, plans to buy distributors of printers and copiers in France and Germany to spur sales growth, Chief Executive Officer Until now I haven’t seen much evidence of the acquisition strategy” at Oce, Choi said. “The more outlets you have

Microsoft exec: India operations growth to continue ‘dramatically’
Marketwatch – , , ) expects to continue growing its business and operations in India as “dramatically” as it has been growing in the past, the company’s chief research and strategy officer, Craig Mundie, said Tuesday. “We continue to build our R&D (research

Atlantia, Mediobanca, Popolare Milano: Italian Equity Preview
Bloomberg – The cooperative bank’s strategy committee, which was set up this year to consider merger options, is scheduled to department store company plans to present the plan for its new Milan flagship on Piazza Cinque Giornate with Chief Executive Officer

Sprint Nextel chief resigns as 3d-quarter forecast is slashed
Boston Globe – In the meantime, director James Hance Jr. will be acting nonexecutive chairman, and chief financial officer Paul Saleh will act as Amid technical problems and a sometimes unfocused marketing strategy, Sprint Nextel has steadily lost ground to

OGE Energy appoints Danny P. Harris as operating chief, names new
CNBC – Craig Johnston was named vice president of corporate strategy development and marketing for OGE. Previously, he served as senior vice president for Air Liquide. Steve Merrill was also named chief financial officer of Enogex. He most recently served as

Jackson Hewitt Tax Service Promotes Michael Yerington to Chief
MSN MoneyCentral – With his ascension to the role of Chief Executive Officer and the promotion of Mark Heimbouch to Chief Operating Officer, we During his tenure at Jackson Hewitt, he has played a significant role in both the financial strategy and overall

Baker Names Jeremy Gill Vice President of Information Technology
Forbes – Reporting to the chief executive officer, Gill will be responsible for Baker’s information technology strategy and operations and overseeing Baker’s internal network infrastructure, business applications and data security. Gill joined Baker in 2000

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