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Apr 24, 2012

BUSINESS News, Apr 24, 2012

BUSINESS
Citi's CEO Pay Revolt: Capitalism Is Back, Baby!
TIME
Shareholders and the boards they elect have been about as tough on hotshot CEOs as compliant concubines. Even more, the relentless demands of shareholders for ever-higher quarterly profits have egged on corporate managers to take on higher levels of ...
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TIME
MAMCO Property Management Announces Leadership Changes
MarketWatch (press release)
LAUREL, NJ, Apr 24, 2012 (BUSINESS WIRE) -- MAMCO PropertyManagement, an Associa company, proudly announces the addition of On-site Manager Diane Carey-Stranko and the promotion of Natalie Fries, AMS, CMA, to manager of the large scale on-site ...
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Debut Issue of Philanthropy Management: Will the Profit Motive Taint Social ...
MarketWatch (press release)
NEW YORK, April 24, 2012 /PRNewswire via COMTEX/ -- In the inaugural issue of Philanthropy Management, the CEO of PlaNet Finance Group acknowledges concerns that the profit motive may distort the social benefits of microfinance and the head of a ...
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ScienceLogic Raises Series B and Appoints New CEO
Private Equity Hub (press release)
The company has also appointed John Becker as CEO. Previous CEO andcompany co-founder David Link will remain as chairman of the board. ScienceLogic(TM) Inc., a provider of IT operations and cloud managementsoftware, has secured $15 million in Series ...
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T. Rowe Price Profit Profit Rises as Janus Reports Drop
BusinessWeek
The difference highlights the challenges for Glenn S. Schafer, who was named in January to replace chairman Steven L. Scheid after eight years during which at least 15 fund managers and senior executives left and the company lost more than half of its ...
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Ex-CEO of Calpers Accused of Fraud
Wall Street Journal
The firm, called a placement agent, was in the business of introducing moneymanagers like Apollo to pension funds. Mr. Buenrostro's lawyer, Bill Kimball, said his client, "strongly denies any suggestion that he was involved in any type of fraudulent ...
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ScienceLogic Raises $15 Million Led by Intel Capital; Names Technology Veteran ...
Business Review USA (press release)
Previous CEO and company co-founder David Link will remain as chairman of the board. With the most comprehensive and flexible IT management software platform on the market, ScienceLogic is used by service providers, corporations and government entities ...
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HCL Tech CEO : Any of top 3 execs can fit into my boots
Times of India
Nayar, 50, said that any of the three current top leaders, who manage almost 30% business each for HCL Technolgies, can fit into his boots. NEW DELHI: India's fourth-largest information technology services firm HCL Technologies has put in place ...
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Wal-Mart Said to Be Subject of US Criminal Probe
BusinessWeek
The investigations by the government and the company may prompt executive departures and US penalties if it reveals senior managers didn't take strong enough action, governance specialists said. The probes also may slow Wal-Mart's expansion in Mexico ...
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Kurtosys Demonstrates its Commitment to North America With the Appointment of ...
MarketWatch (press release)
His strong pedigree of revenue generation experience positions Kurtosys well for future growth and demonstrates a strong commitment to the North American business. Mash Patel, Founder and CEO at Kurtosys, said: "Kurtosys digital tools have been ...
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Infor next steps, an unsurprising IPO
ZDNet (blog)
Ever since Charles Phillips tipped up as CEO at Infor in 2010, the question on many colleagues minds has been: what next? This is the company that spent 2002-7 rolling up the tier two players Oracle was not interested in acquiring.
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ZDNet (blog)
Triumph Group's founding CEO to retire
Philadelphia Inquirer
Few CEOs get to hold on to their job for more than a decade. Fewer still preside over the growth of a corporation like that experienced by Triumph Group Inc. since 1993. Richard C. Ill took cast-off businesses from a Philadelphia-area conglomerate once ...
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DomainTools Showcases Brand Management & Trademark Protection Solutions at ...
Seattle Post Intelligencer
The company offers a range of services for trademark research and brand protection, from Reverse Whois lookups, Domain name ownership records and finding domain typos to trademark alerts, registrant alerts and domain monitoring. Says Tim Chen, CEO of ...
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T Rowe Price 1Q Profit Up 1.5%; Assets Rise
Wall Street Journal
(Adds context throughout, comments from CEO interview in third through fifth paragraphs, details about industry and company flows in ninth paragraph, analyst comment in 10th paragraph and updated share price in 11th paragraph).
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US trustee objects to Kodak plan to pay $13.5M in retention bonuses
Rochester Democrat and Chronicle
Business services now account for 51 percent of revenue at Rochester's largest publicly traded employer. But technology, the heart of what Xerox does in Rochester, “remains core to our business model,” CEO Ursula Burns says.
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New Hurley Medical Center president, CEO been with the hospital for 14 years ...
The Flint Journal - MLive.com
Gavulic, who now lives in Fenton with her family, was appointed as interim president and CEO in February and the Hurley Board ofManagers recently appointed her to the permanent position. “We did not do interviews or entertain any other candidates.
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The Flint Journal - MLive.com
Aastra's Co-CEO Hosts Partner Event in Dubai
Sacramento Bee
By Aastra Middle East and Africa Aastra, a leading company at the forefront of the enterprise communication market, held its annual partner event for the Middle East, Turkey and Africa in Dubai with the presence of co-CEO Tony Shen.
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Janus Capital 1Q Net Down 40%; Revenue Slumps More Than Expected
Wall Street Journal
(Adds context throughout, CEO comments in the second paragraph, an updated stock price in the fifth paragraph and industry flow trends in the sixth paragraph). By Corrie Driebusch and Mia Lamar Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Janus Capital ...
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Lumesse Adds New Usability and Integration Features to Lumesse Learning Gateway
MarketWatch (press release)
AUSTIN, Texas & LONDON, Apr 24, 2012 (BUSINESS WIRE) -- Lumesse, a global leader in integrated talent management solutions, today announced the latest version of its award-winning Software-as-a-Service (SaaS) learningmanagement system, ...
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Former Fannie Mae CEO Lands in Goldman Investor Crosshairs
Bank Technology News
"We believe Mr. Johnson's history should disqualify him from service on the board of any public company," wrote the Sequoia managers, who held 1.4 million Goldman shares at the end of 2011. "This information has long been in the public record.
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SME Expo and Conference Slated for Accra
GhanaWeb
... market) and a delegates conference that is expected to attract over 100 conference delegates made up of Managing Directors, CEO, Businessowners, Business Development Managers, entrepreneurs and people who want to start their own businesses.
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Distractions may delay upcoming Facebook IPO
msnbc.com
But in recent weeks, Facebook founder and CEO Mark Zuckerberg has been more focused on running the business and making acquisitions than on preparing for the share sale, according to one of these people, making it hard for him and other managers to ...
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The McGraw-Hill Companies' CEO Discusses Q1 2012 Results - Earnings Call ...
Seeking Alpha
This information is provided to enable investors to make meaningful comparisons of the corporation's operating performance between periods and to view the corporation's business from the same perspective asmanagement's. The earnings release contains ...
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Yammer Integrates With Microsoft Dynamics
MarketWatch (press release)
Steve Timmerman, co-founder and VP of Business Development, Perks.com "Sciforma takes pride in helping organizations achieve success through its powerful and flexible Project and Portfolio management solution. At Sciforma, we feel that sharing the day ...
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Wal-Mart's bribery is sadly unsurprising
Reuters Blogs (blog)
Retailers paying bribes is a normal cost of doing business for some in developing markets. I was CEO of a chain of 75 specialty coffee shops around Asia for 10 years. It's almost impossible to do business in places like the Philippines and Indonesia ...
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Credit Suisse Bonus Bonds Lead Embrace of Relief Deals
BusinessWeek
Instead of the company bearing the full brunt of any trades where customers failed to pay up, bonus recipients will share the cost. The bonds are part of a resurgence in “regulatory capital relief transactions,” created by bankers looking to cut risk ...
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VoloMetrix Raises a $1.6 Million Funding Round Led by Shasta Ventures
MarketWatch (press release)
SEATTLE, WA, Apr 24, 2012 (MARKETWIRE via COMTEX) -- VoloMetrix, an analytic applications company pioneering the Talent Results Managementcategory, today announced it has received $1.6 million in Series A funding led by Shasta Ventures.
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Sacramento Business Brokers Firm Undergoes California Expansion Driven By ...
PR Web (press release)
The firm, a leader amongst Sacramento business brokers, is headed by CEO, Greg Roberti, a long-time successful entrepreneur himself. Under his leadership, the Sacramentobusiness broker has established itself as an authority by catering to the needs of ...
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PR Web (press release)
Use Strategic Delegation to Improve Productivity
Business Review USA
Pragmatic management coach John W. Myrna explains how strategic delegation can lead to increased ROI and productivity without an increase in costs The more your company can optimize—not just maximize—staff members' output, the more you can increase ...
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Arroweye Solutions Patents Digital On-Demand Technology
MarketWatch (press release)
"At our heart, we're a technology company," added Dahiya. "This is the eighth technology patent we've been awarded, and we see it as validation of the innovative services and value we provide to our partners." Issuers and programmanagers benefit from ...
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Halifax Announces the Sale of PolyPipe
MarketWatch (press release)
DALLAS, Apr 24, 2012 (BUSINESS WIRE) -- The Halifax Group, a private equity firm that partners with management to invest in growing entrepreneurial companies, announced today that it has sold PolyPipe Holdings, Inc. ("PolyPipe") to Dura-Line Holdings, ...
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Last Call: If William Shakespeare Owned Netflix Stock
CNBC.com
The company reported a first-quarter loss that was far less than Wall Street had projected, with revenues that were slightly above analysts' range.” TXNCEO is calling the bottom for his company: "As we expected, our businesscycle bottomed in the ...
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Huawei splits CEO role with rotating panel
ZDNet Asia
By Ellyne Phneah , ZDNet Asia on April 24, 2012 (12 hours ago) Chinese telecoms giant founder Ren Yangfei implements rotation system for CEO role with panel of three executives, in a move to make company more nimble and seen by observers as a ...
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Macadamian Rockets Up Branham300 Top Movers & Shakers Listing
Virtual-Strategy Magazine
“Macadamian is a company at the intersection of two important megatrends: the acceleration of mobile applications and the shift of product features and value from hardware to software”, said Macadamian CEO Frederic Boulanger.
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Cornerstone OnDemand Names Concur CEO Steve Singh to its ...
By mattlafata
News you can use from the Talent Management and HR Systems Vendor Community. Home · About · Contributors ... Not only has he been at the forefront of the industry, but he also is among a select few CEOs who have worked with a company from day one and successfully propelled it into a multi-billion dollar market leader,” said Adam Miller, President and Chief Executive Officer of Cornerstone OnDemand. “I am elated to personally welcome him to our board of directors and look ...
HR Technology Vendor News by HRchitect
Business Car Manager News : Paul Philpott Named CEO of Kia
KIA has been undertaking a fast turnaround of its image thanks to a continuing range of new and stylish products, from award-winning superminis - such as the ...
www.prweb.com/releases/2012/4/prweb9387893.htm
Best Buy CEO Resigns - Small Business Trends
And then came the news that Best Buy CEO Brian Dunn had resigned upon mutual ... a manager and a subordinate is the company's business, to a degree.
smallbiztrends.com/.../best-buy-ceo-subordinate-relationships....
How Leaders & Managers Become Great CEOs | CEO.com
PUBLICATION: Fast Company ... Leadership and management are not mutually exclusive by any means. ... Top business insights, CEO news, and buzz-daily ...
www.ceo.com/.../how-leaders-managers-become-great-ceos/
Kunle Allen Appointed CEO of Nigeria Gas ... - Nigeria Business News
April 19, 2012 · No Comments · By BusinessNews Staff ... that Kunle allen, a former Project Manager with Shell had been appointed the CEO of the GACN.
businessnews.com.ng/.../kunle-allen-appointed-ceo-of-nigeria-...
T. Rowe Price CEO touts company's performance in 'challenging ...
In 2011, T. Rowe's assets under management grew by $8 billion to $490 billion on Dec ... See all your followed company news on your personalized dashboard.
www.bizjournals.com/.../t-rowe-price-ceo-kennedy-touts.html
SEC Charges Former CalPERS CEO, Board Member with Fraud ...
News. Business Tools. Citybizlist Widgets · Citybiz Clips · Newsletter Archives ... CalPERS CEO, Board Member with Fraud Against Apollo GlobalManagement ...
charlotteraleighrealestate.citybizlist.com/.../SEC-Charges-Form...
Lieberman Software President and CEO Philip ... - Business Wire
LOS ANGELES--(BUSINESS WIRE)--Lieberman Software Corporation President Philip Lieberman ... In his session - "Privileged Identity Managementfor Microsoft System Center" - Lieberman will discuss how ... EON: Enhanced Online News ...
www.businesswire.com/.../Lieberman-Software-President-CEO...
Express Scripts CEO compensation falls 17 percent | National ...
Total compensation for Express Scripts Chairman and CEO George Paz slid 17 ... matching a drop the pharmacy benefits manager's stock took largely after it ... Report News · Customer Service ... By TOM MURPHY — APBusiness Writer ...
www.idahostatesman.com/.../express-scripts-ceo-compensation...
Chip Conley: The New CEO
He sent birthday presents to colleagues when they were on business trips. ...Using old school "management by walking around," Mulally became more than a ... You can read more about how he did it in the new book, "American Icon: Alan ...
www.huffingtonpost.com/chip.../the-new-ceo_b_1438361.ht...
CEO of Zoomlion adjudged 2011 Best ... - Ghana Business News
Be a leader – it's tougher than being a manager, but it's worth it. ... You Are Here: Home » General News » CEO of Zoomlion adjudged 2011 Best Entrepreneur ...
www.ghanabusinessnews.com/.../ceo-of-zoomlion-adjudged-2...
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