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May 15, 2012

BUSINESS News, May 15, 2012

GBTA Presents 'Luminaries Of Travel CEO' Panel At 2012 Convention In Boston
MarketWatch (press release)
ALEXANDRIA, Va., May 15, 2012 /PRNewswire via COMTEX/ -- The GlobalBusiness Travel Association (GBTA), the voice of the business travel industry, today announced the speakers for the 'Luminaries of Travel CEO' panel to be held on July 24th, ...
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Allianz CEO Expects 2012 to Be 'No Less Challenging'
BusinessWeek
The company's shares fell 9 euro cents, or 0.1 percent to 77.06 euros at 10:46 am in Frankfurt today. They gained 4.3 percent this year, giving Allianz a market value of 35 billion euros. That compares with the 1.9 percent increase in the 28- member ...
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Why JPMorgan's risk management failed
MSN Money
By The Fiscal Times 1 hour ago By Suzanne McGee It's probably a safe bet that JPMorgan Chase (JPM) CEO Jamie Dimon had been looking forward to today. Here was an opportunity to stand before the bank's shareholders at thecompany's annual meeting, ...
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Lessons in crisis management: Q&A with Allscripts CEO Glen Tullman
Healthcare Finance News
Many in the industry blame difficulties with product integration and managing the merger with Eclypsis for the company's recent troubles. The turmoil has left many managers in both the hospital and ambulatory setting uneasy about their installed EHRs ...
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Google Can Survive Too Much Innovation. You Can't
Forbes
This article is by Robert Sher, the founding principal of CEO toCEO, a firm that advises chief executives of mid-market companies who are navigating major shifts in their business or marketplace. He is the author of the book The Feel of the Deal.
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Forbes
Taxpayers Fund $454000 Pay for Collector Chasing Student Loans
Bloomberg
The company stands by its executive pay. Rising managementcompensation reflects ECMC's growth, said Hawn, who received $541000 in 2010. Since Boyle became CEO in 1999, revenue tripled, to $168 million, as the company took over the portfolios of...
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Bloomberg
Data Center Industry Taps FieldView Again to Share DCIM Insights
MarketWatch (press release)
EDISON, NJ, May 15, 2012 (MARKETWIRE via COMTEX) -- Continuing its reputation as one of the industry's top Data Center Infrastructure Management(DCIM) thought leaders, FieldView Solutions, announced today that Fred Dirla, FieldView Solutions CEO, ...
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It's 'timber!' time: CEO Johnson swings ax to cut Penny inventory
New York Post
Johnson is being forced to wield his ax because shoppers, according to people close to the company, are befuddled by the store's new, no-discounting “Fair and Square” pricing strategy — which, ironically, was designed to be simpler.
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New York Post
SAP Unveils Accelerated Cloud Strategy
MarketWatch (press release)
SAP will leverage the market strengths of SuccessFactors, an SAP companyand one of the fastest growing cloud providers in the world, and its founder andCEO Lars Dalgaard. The announcement was made at SAPPHIRE® NOW, being held in Orlando, Florida, ...
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Bentley Acquires InspectTech, Leading Provider of Software-as-a-Service for ...
MarketWatch (press release)
Bentley's goal is to exploit the full potential of new capabilities for information mobility to enhance asset management by integrating information modeling with inspection processes. Bentley Systems CEO Greg Bentley said, "On behalf of my colleagues ...
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Analysis: JPMorgan repeats basic mistakes managing traders
Reuters
... a former senior banker and now a professor in the faculty of finance at CassBusiness School in London. CLOUT FACTOR CEO Dimon has made other telling comments about the losses that convey in stark terms his attitude to riskmanagement.
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Xangati Achieves Performance Management to Cloud-Scale with Powerful New ...
MarketWatch (press release)
CUPERTINO, Calif., May 15, 2012 (BUSINESS WIRE) -- Xangati, the recognized leader in performance management for virtualization and the cloud, today announced a powerful new release of its Xangati ManagementDashboard (XMD) virtualization and cloud ...
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Electromed, Inc. Chairman and CEO Robert D. Hansen Announces His Retirement ...
MarketWatch (press release)
The Board of Directors announced that James J. Cassidy, Ph.D., has been appointed interim CEO. Cassidy joined the Company as Chief Operating Officer in 2011. He has more than twenty years of international managementexperience in the medical device ...
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How to Compete Against Apple … and Win
The Mac Observer
Smart, technical people have known for a long time why theircompany, their executives, and their CEO can't see to fight a winning battle against the competition, namely Apple. It's a secret that few people want to explore for cultural reasons.
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The Mac Observer
Cornerstone OnDemand's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Seeking Alpha
The continued growth of our mid-market team, combined with our recent acquisition of Sonar6, a leading player in talent management solutions for small businesses, has helped position Cornerstone well in both of those segments. Finally, we believe that ...
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Pimco: Don't Bet Against the Greenback
Wall Street Journal (blog)
Pacific Investment Management Co., home to the world's biggest bond fund, argues that the currency could strengthen on a flight for safety at least through the next 12 months. The view was made by Mohamed A. El-Erian, Pimco CEOand co-chief investment ...
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Dimon pushes Blankfein off hotseat at charity gala
Reuters
By Katya Wachtel and Svea Herbst-Bayliss | NEW YORK (Reuters) - For the first time in months, Goldman Sachs CEO Lloyd Blankfein was off the hotseat. As Wall Street's biggest hedge fund managers and top bankers flocked to a charity gala in New York ...
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QSM, Inc. Approved as Registered Education Provider by Project Management ...
MarketWatch (press release)
MCLEAN, Va., May 15, 2012 (BUSINESS WIRE) -- Quantitative SoftwareManagement, Inc. (QSM) today announces that the Project ManagementInstitute (PMI), the world's largest project management member association, has named it as a Registered Education ...
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Best Buy chairman resigns over company scandal
Management Today
... the former US CEO Brian Dunn's inappropriate relationship with a female employee. Dunn had resigned suddenly over the issue last month. With one of the most diverse, senior and well-informed readerships of any business title,Management Today has ...
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Credit Suisse's Quintella to Run Asset-Management Firm
BusinessWeek
By Cristiane Lucchesi on May 14, 2012 Credit Suisse Group AG (CSGN), the second- largest Swiss bank, is creating an asset-management firm in Brazil as interest-rate declines create opportunities for hedge- fund managers. The firm will be a partnership ...
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How Do You Hire a Good President?
Huffington Post
If you were selecting a CEO to run your business, you would insist on specific answers to your questions; when you're selecting a CEO to run your country, you should ask tough questions and insist on concrete answers. Smart hiringmanagers also ...
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Aternity(R) Wins Best in Biz Award 2012 EMEA
MarketWatch (press release)
BOSTON, May 15, 2012 (BUSINESS WIRE) -- Aternity Inc., the industry's leader in end user experience management solutions for Fortune 1000 enterprises, announced today that its Frontline Performance Intelligence Platform has been named the bronze winner ...
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Baja CEO quits as funding crunch intensifies
Mineweb
Longtime President and CEO of Baja, John Greenslade, quits as the clock ticks for Baja to source more funding to finish its Boleo copper project in Mexico. In a barren press release without customary comment on time served by a topmanager, ...
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TalentBin CEO Reveals How The Service Scours The Web For Perfect Job Candidates
WebProNews
TalentBin is founded on the principle that, instead of putting out a notice and having candidates come to them, or sifting through social media profiles, recruiters and hiring managers should be able to search the web for the best candidates and ...
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Second Ghana SME EXPO launched in Accra
GhanaWeb
The exposition would draw more than 100 conference delegates made up of managing directors, chief executive officers, business owners, businessdevelopment managers, entrepreneurs and people who want to start their ownbusinesses.
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Cumulus Managers Excited About Future
Radio Ink
According to several managers who attended the meeting, and despite some of what you may hear about Cumulus, they are pumped up about the future of the company. Cumulus CEO Lew Dickey said, “To get a chance to meet all these guys and to spend time with ...
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Morgan Stanley Investors Back Executive Pay After Gorman's Cut
BusinessWeek
By Michael J. Moore on May 15, 2012 More Morgan Stanley shareholders approved the firm's executive compensation package for top managersincluding Chief Executive Officer James Gorman after he took a 25 percent pay cut and received no cash bonus.
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Controversial CV: Yahoo's CEO resigns
Generation NT (US)
Scott Thompson, attacked about elements on his CV, has resigned as CEO of Yahoo. He has been replaced by Ross Levinsohn in the interim. Managers of American company's often prematurely resign when they are at fault of something or if they have lost the ...
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NetSuite moves upmarket with new e-commerce software
InternetRetailer.com
Business software provider NetSuite Inc. unveiled e-commerce technology today aimed at making it a stronger contender for the business of midsized and larger online retailers. “By transforming the NetSuite business application into a commerce-aware ...
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Gannett Up On A Down Day As CFO Resigns To Go Elsewhere
Forbes
In an interesting series of events, Gannett is now being led by Gracia Martore who has been with the company for decades. Her predecessor as CEO was ill for more than a year and really unable to perform his role as the head of thecompany.
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Natixis CEO John Hailer looking to investment management ...
Investment firm Natixis Global Asset Management CEO John Hailer says he's on the ... See all your followed company news on your personalized dashboard.
www.bizjournals.com/.../natixis-ceo-looking-to-grow-firm.ht...
Credit Suisse Names Brazil CEO, Makes Other Management Changes In Americas
SAO PAULO – Swiss bank Credit Suisse Group AG (CS) announced on Friday a shift in its management team in the Americas, including the appointment of a...
www.foxbusiness.com/.../credit-suisse-names-brazil-ceo-makes...
Credit Suisse Names Brazil CEO, Makes Other Management ...
SAO PAULO – Swiss bank Credit Suisse Group AG (CS) announced on Friday a shift in its management team in the Americas, including the appointment of a...
www.foxbusiness.com/.../credit-suisse-names-brazil-ceo-makes...
NHF managers, staff say they've lost confidence in CEO Hugh ...
Lawson's management style, the Jamaica O ... ... Jamaica Observer – A Jamaican Newspaper & Your Source for the Latest Jamaica News. Jamaica Observer ...
www.jamaicaobserver.com/.../NHF-managers--staff-say-they-v...
Will Yahoo CEO's misstep kill company momentum? - Computerworld
All the momentum and vision that Yahoo CEO Scott Thompson has been ... its board of directors is looking into a discrepancy in the new CEO's resume that likely .... IT Management: Technical Consultant, Business Management:CEO, COO, ...
www.computerworld.com/.../Will_Yahoo_CEO_s_misstep_kil...
MHN Interview: Melissa Prandi, MPM, President and CEO, Prandi ...
MHN interviews Melissa Prandi, MPM, president and CEO of Prandi Property ...As you know, in the property management business, there is something new or ...
www.multihousingnews.com/.../mhn.../1004053409.html
The Standard | NHIF chairman suspended after sacking CEO
But even as this was going on, it emerged that a company, which received Sh202 ... me that you unilaterally sacked the chief executive and four othersmanagers. ... Professor Muga released the news of the suspension of the current CEO and ...
www.standardmedia.co.ke/InsidePage.php?id=2000057529...
Revolving door: Yahoo ushers out another CEO | Long Island ...
The troubled Internet company's next challenge will be convincing its restless... runs a consulting firm that specializes in brand reputation and crisismanagement . ... Murdoch's media empire at News Corp. before one of Yahoo's former CEOs, ...
libn.com/2012/.../revolving-door-yahoo-ushers-out-another-c...
Correlsense Appoints Ken Marshall CEO - Citybizlist Boston
New Leader Brings Track Record of Growing Technology and Services Firms... management software, announced that Ken Marshall is joining the companyas ...
boston.citybizlist.com/.../Correlsense-Appoints-Ken-Marshall-...
Teachers' backs changing CP board, CEO - Business - CBC News
CBC News Business. Major StoriesIn The News ... Ackman said support from one of Canada's largest pension fund managers sends a strong signal for change.
www.cbc.ca/news/.../story/.../canadian-pacific-proxy-fight.htm...
Revolving door: Yahoo ushers out another CEO: Associated Press ...
The troubled Internet company's next challenge will be convincing its restless... Murdoch's media empire at News Corp. before one of Yahoo's formerCEOs, ... with dissident shareholder Daniel Loeb, a hedge fund manager who exposed the ...
money.msn.com/business-news/article.aspx?feed=AP...
Infineon CEO to step down over health troubles | National Business ...
Business · National Business News · 0 Comments ... Infineon said he will be succeeded by management board member Reinhard Ploss, who is responsible for production, ... The 51-year-old Bauer has been Infineon's CEOsince 2008.
www.idahostatesman.com/.../infineon-ceo-to-step-down-over....
Cathay Conning Asset Management Limited (“CCAM”) Names Mark ...
CCAM, a provider of innovative asset management solutions to institutional and insurance investors in ... Online Press Release Distribution | EON: Enhanced Online News ... region, today announced the appointment of Dr. Mark Konyn as Chief Executive Officer. ... “I am delighted that Mark will lead our Asia Pacific business.
eon.businesswire.com/news/eon/20120501007365/en
Nicole Farhi appoints interim CEO - Report ... - Fashion Jobs, News
This announcement follows the departure of former CEO Niki Scordi last week after the label was sold t - Fashion jobs, news, network, USA, business, platform ... Niki Scordi last week after the label was sold to Kelso Place AssetManagement.
www.fashionunited.com/.../nicole-farhi-appoints-interim-ceo-...
Chesapeake Board Called on to Fire CEO McClendon - US ...
A leading fund manager called on the board of Chesapeake Energy to fire its chief ... had taken $1.1 billion in personal loans against his stakes in the energycompany. ... JPMorgan's trading-loss news hurt shares—and damaged CEOJamie ...
www.cnbc.com/id/47410404
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