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Nov 15, 2011

BUSINESS News, Nov 15, 2011


DHFL re-aligns its Asset Management business
India Infoline.com
The successful re-alignment of AMC business and the broadened strategic vision created for ArthVeda will be under the stewardship of the senior-most and successful managers in the DHFL group, the former CEO of DHFL, Mr. Bikram Sen, who now becomes the ...
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Lowe's Companies' CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Likewise, we consolidated our merchandising management from 4 business areas to 2 and from 18 to 16 merchandise divisions. This reorganization impacted many Lowe's employees who played an integral role in the company's tremendous growth over the last ...
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Business digest
Longview News-Journal
Sandy Ritter has been promoted to vice president/branch operation manager at East Texas Professional Credit Union. She has extensive credit union experience and has been employed by East Texas Professional Credit Union since 1983. ...
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PLS Executives Articulate the Power of Company's Mission
PR Web (press release)
She is a strategic advisor to CEOs of leading global companies on strategy attainment and business transformation. Susan is a former adjunct Professor of Management at the University of Chicago Booth Graduate School Of Business where she still teaches...
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PR Web (press release)
Software AG Presents Process-Driven Master Data Management For Dummies(R)
MarketWatch (press release)
"Process-Driven Master Data Management For Dummies(R) takes the important step of embracing the fact that effective MDM programs need to address business processes as well as data," said Andy Hayler, CEO of The Information Difference Ltd, ...
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SMT Research & Development, Ltd. Names Shuki Porath as Vice President and ...
PR Newswire (press release)
8, 2011 /PRNewswire/ -- The 23rd Annual Transcatheter Cardiovascular Therapeutics (TCT) Conference -- SMT Research & Development, Ltd. ("SMT") today announced that Shuki Porath has joined the company as Vice President and General Manager. ...
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Wealth business development chiefs' pay rises double CEOs'
Citywire.co.uk
Heads of sales in wealth management businesses claimed the second largest pay increase at 32% to £149000 on average during the six-month period, far outstripping the rises awarded to chief executives and investment directors who on average saw packages ...
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Lifeway Kefir CEO Julie Smolyansky Found Greatest Strength Amid Greatest Tragedy
Forbes
Despite being thrust into a role “20 years sooner” than expected, Lifeway's annual gross sales grew from $12 million to $14.8 million your first year as CEO. What advice would you give other new managers in a similar “baptism-by-fire” situation where ...
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Forbes
UBS executive John Pottage challenges watchdog's £100000 fine
The Independent
However, it argued before the tribunal that the “effectiveness of the CEO is critical to the effective oversight of the business and for that reason the FSA holds CEOs and senior managers to high standards”. It said that it was not until July 2007 that ...
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Romney's Business
The Atlantic
The son of George Romney, who was a former CEO of American Motors and governor of Michigan, Mitt received a joint JD/MBA from Harvard in 1975, and began his career at BCG, one of the world's top-three management consultancies. He jumped two years later ...
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The Atlantic
UBS Names Ermotti Permanent Chief Executive, Villiger to Step Down in 2012
Bloomberg
“We need today managers who can deal with complexity,” said Villiger, commenting on Ermotti, who was in charge of three different businesses at UniCredit. Weber also fully supported Ermotti's appointment as CEO, Villiger said. ...
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Bloomberg
dB Control Names Fred Ortiz President
San Francisco Chronicle (press release)
All other executives and managers will remain in their current positions. "After careful consideration, Fred was the clear choice to become dB Control's President. His leadership role in one of the largest programs in our company's history proved that ...
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Gijima partners with US firm MobileIron
Independent Online
The introduction of smartphone and tablet devices in the corporate space posed new risks for businesses, and in particular the managers of IT tasked with managing these devices. “Organisations are more susceptible than ever to security threats posed by ...
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Independent Online
Nuveen Investments to Acquire 60% Stake in Commodities Leader Gresham
MarketWatch (press release)
These include, but are not limited to, the effects of the substantial competition in the investmentmanagement business, including competition for access to brokerage firms' retail distribution systems, the Company's reliance on revenues from ...
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State Street says no to Trian's SSgA spinoff letter
Pensions & Investments
In line with Trian's argument that management of an independent SSgA could better grow its asset management business, Mr. Mayo predicted pretax profit margins for a stand-alone SSgA could improve from 32% “now” to between 35% and 40%. ...
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Pensions & Investments
Demonstrating the Leadership Role as a Market Innovator, FleetMatics Releases ...
MarketWatch (press release)
According to FleetMatics CEO Jim Travers, "With this new release, FleetMatics once again sets the pace for fleet management, harnessing the power of the historical information in our database to provide fleet managers and business owners with greater ...
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MBA Programs Are Failing in Ethics
BusinessWeek (blog)
For the most part, business management has yet to become a profession driven by more than the pursuit of quarterly earnings gains for investors. It takes only a quick scan of the business headlines to see rich fodder for ethical debates: Do CEOs who ...
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BusinessWeek (blog)
Home Inns & Hotels Management's CEO Discusses Q3 2011 Results - Earnings Call ...
Seeking Alpha
The unique franchise business dynamics combined with Home Inns strong brand is attracting more and more qualified franchisees. Average daily rate was RMB180 compared to RMB180 during the third quarter last year, occupancy rate was 94.1% compared with ...
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Berkshire buys 5 pct of IBM, takes other stakes
Atlanta Journal Constitution
International Business Machines Corp., which marked its 100-year anniversary in June, has proven resilient even in a downturn because of hard decisions it made in the 1990s, when it tapped an outsider as CEO to help with a turnaround. ...
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Atlanta Journal Constitution
Our Nominees for CEO of the Year
Morningstar.com
So, it's gone up twenty-fold, and not just because commodity prices have worked out well for thecompany. This is because the management team has done such a good job of really allocating resources correctly. Larson: The second nominee is one that is ...
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Modern Management
Atlantic Highlands Herald
But I have worked for a technical company in which the CEO was a Ph.D. physicist who brought significant technical understanding and intellectual curiosity to hismanagement of the company. He had a sharp eye for bull-hockey, and he brought loads of ...
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Atlantic Highlands Herald
Deutsche Bank's Ackermann Probed Over Testimony in Kirch Lawsuit
BusinessWeek
The lender said in a statement that Ackermann wouldn't run when he steps down as CEO in 2012 because Europe's debt crisis demands too much of his time. Kirch and other bank managers in May testified about a management board meeting on Jan. ...
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Boxwood Partners Advises Dorsey Wright & Associates on the Sale to Falfurrias ...
MarketWatch (press release)
With $1.8 billion of assets under management, DWA's money management business has significantly outperformed its peers. Tom Dorsey, the co-founder and President of Dorsey Wright and Associates, said, "Our business is experiencing incredible growth as a ...
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Managing in a Carbon World - Business Simulations to Help Build Sustainable ...
PR Web (press release)
Business managers throughout the world are having to develop strategies to deal with new, cleanerbusiness environments. Tycoon Systems Inc of Delaware, USA, have added management of carbon taxes to their extensive range of business simulation models, ...
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Telephone workers on strike
Honolulu Star-Advertiser
As for the union members' complaint that Yeaman saw his compensation increase to $6.7 million in 2010 from $1.3 million in 2009, Simon said the CEO and top management compensation packages are set by the company board of directors. ...
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NEWSMAKERS [Central Penn Business Journal (PA)]
Insurance News Net (press release)
Susquehanna Bank named G. Fred Artman vice president and commercial relationship managerwith the corporate banking division in its York office. He has 28 years of financial services experience, most recently as vice president of business banking at ...
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Taleo Expands Its Presence in Germany
MarketWatch (press release)
"As social media and mobile technologies move Talent Management processes from the filing cabinet to the cloud, SaaS-based Talent Management is becoming an integral part of successfulbusiness management," said Michael Gregoire, Chairman and CEO of ...
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Analysis: Olympus medical business too big to fail
Reuters
Bruce Elegant, president and CEO of Rush Oak Park Hospital in Oak Park, Illinois, said failure of the endoscope business would be very disruptive, given the dominance of Olympus products and the loyalty to the brand from medical specialists. ...
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Reuters
FlexTrade Expands Presence at Equinix with ColorPalette OMS
MarketWatch (press release)
John Knuff, general manager, global financial services at Equinix, said: "Our global platform of high-performance facilities and extensive financial ecosystems enable firms to grow their businesses and expand into new markets. ...
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Cellcom Israel Announces Third Quarter 2011 Results
PR Newswire (press release)
Mr. Topaz has served as Vice President of DIC since January 2010. From June 2005 to May 2009 Mr. Topaz served as Vice President, and from March 2004 to June 2005 he served as businessdevelopment manager of Elron Electronic Industries Ltd. From 1998 to ...
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Olive: Why Steve Jobs is not a CEO to emulate
Toronto Star
... nose-to-the-grindstone managers preoccupied with anticipating the changing needs of customers. The above-average CEOs who run Canada's Big Six banks are seldom regarded as visionaries. Managing for the long term, they cling to business fundamentals ...
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Sunrise Senior Living's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Continuing our goal of providing transparency into our principal business lines, I will provide comments on operating results for our consolidated assets, our leased assets, our joint ventures, and our management agreements, which is a reflection of ...
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Scyld ClusterWare and Adaptive Computing's Moab HPC Suite Power Leading Edge ...
MarketWatch (press release)
PROVO, Utah, Nov 14, 2011 (BUSINESS WIRE) -- Penguin Computing, a leading provider of HPC cluster solutions and Adaptive Computing, managers of the world's largest supercomputing systems as experts in HPC workload management, announced today that The ...
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Growth in Cruise Industry Business Facilitates Promotions at W&O
The Maritime Executive
We have seen a steady uptick in our cruise-related business, prompting us to promote key individuals who have been instrumental in cultivating and servicing this growth,” said Michael Hume,President and CEO of W&O. “Given the nature of the cruise ...
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National Penn CEO Scott Fainor and CFO Michael Hughes to Present at 2011 ...
MarketWatch (press release)
National Penn's financial services affiliates are National Penn Wealth Management, NA, including its National Penn Investors Trust Company division; National Penn Capital Advisors, Inc.; Institutional Advisors LLC; National Penn Insurance Services ...
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TechTarget Reports Third Quarter 2011 Financial Results
MarketWatch (press release)
These measures are part of our internal management reporting and planning process and are primary measures used by our management to evaluate the operating performance of our business, as well as potential acquisitions. The components of adjusted ...
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8 top executives of Vietnam securities ... - Vietnam Business News
By VBN
Tourism · About · Advertising · Vietnam Business News Magazine for Sale! ... Nguyen Huu Long, deputy CEO cum manager of Hanoi branch of An Thanh Securities company quit his position from October 13, 2011. Pham Duc Thang, CEO of ...
Vietnam Business News
J.C. Penney rethinking strategy, CEO says - Business - The ...
J.C. Penney Co.'s new CEO Ron Johnson, a former Apple executive, told analysts Monday that the department store chain is rethinking everything it's doing — from pricing to products. Johnson's address comes on the day the company... ... Johnson's address comes on the day the companyreported a third-quarter net loss due to costs related to restructuring, its management transition and a voluntary retirement program. Advertisement. Penney said Monday it lost $143 million for the ...
The Olympian Online -- Business
Iveagh appoints new CEO | Hedge Fund Manager
Sign up here to receive all the latest launch and investment news Sign-up here to receive all the latest launch and investment news · Hedge Fund Manager ... Richard Ford left his position as CEO of WH Ireland, a private client stock broker, to take up the role and brings to the table his business management experience, having held senior positions in the retail, alternative management and private wealth management space. Commenting on his new role, Ford said: “I have been ...
HFMWeek News
Water management news - UK water management company Hydro ...
By editorial
Steve Hides, CEO of Hydro International, added, 'Hydro International is committed to achieving significant growth in the Asia Pacific region, and other regions globally – as supported by the appointment of an international business director in ...
New Energy World Network (NewNet)
Octagon Entertainment Signs Daughter of President and CEO of ...
Octagon Entertainment Signs Daughter of President and CEO of Formula One Management Petra Stunt. Octagon Entertainment Adds Business Woman and ...
money.msn.com/business-news/article.aspx?feed=PR...
World Surveillance Group Announces Management Investment of ...
Contribute to Citybizlist, Share Your News ... This new investment by the Company's Chairman,CEO and management team follows several rounds of ...
southflorida.citybizlist.com/.../World-Surveillance-Group-Ann...
Octagon Entertainment Signs Daughter of President and CEO of ...
Boost Your Business Savvy! Business News · Helpful Consumer Links .... daughter of Bernie Ecclestone, the President and CEO of Formula One Management, ...
www.klfy.com/.../octagon-entertainment-signs-daughter-of-pr...
Ridgemont Appoints Former Iron Ore Company General Manager as ...
Ridgemont Appoints Former Iron Ore Company General Manager as CEO .... Zacks Investment Research, and Commentary, news and Press Releases provided ...
www.istockanalyst.com/.../ridgemont-appoints-former-iron-or...
Esprit appoints new CEO for China: PR Newswire Business News ...
Currently, Ms. Li is acting as Vice President and General Manager North China ... To support this growth, the company is establishing a Design Center in China ...
money.msn.com/business-news/article.aspx?feed=PR...
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