19.96%SPY 79.52 
5.39%XLF 9.68 3.09%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Covidien said Monday it named Chief Executive and President Richard J. Meelia to the additional position of chairman of the board of directors, replacing Dennis H. Reilley.
| COV | 33.92 |  0.55 |
Reilley has been a nonexecutive chairman since Bermuda-based Covidien became an independent, publicly traded company in June 2007 by splitting from parent company Tyco International.
Meelia, 59, has served as CEO and president of Covidien since the Tyco spinoff.
Meanwhile, Timothy M. Donahue, was named lead director.
The changes are effective Oct. 1.
Shares of Covidien fell $2.56, or 4.7 percent, to close at $52.35 as the broader market fell dramatically following the House defeat of a financial bailout package.
China's bid to establish its own next generation mobile phone technology standard got a boost from the world's biggest cell phone maker...
U.S stocks fell on Wednesday as investors grew concerned that a bailout loan package for ailing automakers would fail to be approved by U.S. lawm...
Palestinian President Mahmoud Abbas says Israel will free 250 prisoners as a goodwill gesture before an upcoming Muslim holiday. Abbas said at a ...
Get your next web design project done with our los angeles web design team - Best web design with great price.
Split Big Profits! You Find it & We Fund it! Co-Own Or Cash Out! Get Free Info Kit Now!
Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
