International Business News - CEO http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Wachovia Corp.'s President and Chief Executive Robert Steel has bought 1 million shares in the nation's fourth-largest bank, according to a regulatory filing late Wednesday. http://www.ibtimes.com/articles/20080724/wachovias-ceo-buys-1-million-shares.htm Thu, 24 Jul 2008 09:42:30 EDT Walter W. Bettinger II will be the new president and chief executive of the nation's largest discount brokerage, Charles Schwab Corp. Bettinger will replace company founder Charles R. Schwab as CEO on Oct. 1, the brokerage firm announced Tuesday. Schwab said he will remain active as chairman of the company. http://www.ibtimes.com/articles/20080722/bettinger-to-be-new-ceo-of-schwab.htm Tue, 22 Jul 2008 17:41:40 EDT Amid deep financial troubles, Photronics Inc. said CEO Michael Luttati has resigned as the company tries to reduce expenses and return to profitability. http://www.ibtimes.com/articles/20080722/photronics-ceo-luttati-resigns.htm Tue, 22 Jul 2008 09:26:02 EDT H&R Block Inc., the nation's largest tax preparer, on Tuesday named the former president of McDonald's Europe as its new chief executive. Russ Smyth, who also joins the Kansas City-based company's board of directors, will take over as president and CEO on Aug. 1. http://www.ibtimes.com/articles/20080722/h-r-block-names-mcdonalds-executive-ceo.htm Tue, 22 Jul 2008 18:27:26 EDT Women's apparel retailer Charlotte Russe Inc. on Monday said its Chief Executive Mark Hoffman will retire, effective immediately. Hoffman, 59, had been CEO since 2003. He will be replaced on an interim basis by Leonard Mogil, 62, a board member and former group executive vice president at apparel maker Phillips-Van Heusen Corp. http://www.ibtimes.com/articles/20080721/charlotte-russe-chief-executive-retires.htm Mon, 21 Jul 2008 08:39:16 EDT First Federal Bankshares Inc., the holding company of Vantus Bank, says its CEO has resigned. A company statement says Michael W. Dosland accepted a position with another company. He was president, CEO and a board member of the Sioux City-based banking company. http://www.ibtimes.com/articles/20080718/vantus-bank-ceo-resigns.htm Fri, 18 Jul 2008 17:24:12 EDT The chief executive of troubled mortgage finance company Fannie Mae said Thursday his company is financially strong and "very unlikely" to need a cash infusion from the government to survive the housing bust. http://www.ibtimes.com/articles/20080717/fannie-mae-ceo-says-company-unlikely-to-need-aid.htm Thu, 17 Jul 2008 18:50:35 EDT The CEO of chip maker Advanced Micro Devices Inc. is stepping down. Hector Ruiz had been just the second person to lead AMD after company founder Jerry Sanders. He'll be replaced by the chip maker's No. 2 executive, Dirk Meyer. http://www.ibtimes.com/articles/20080717/amd-ceo-steps-down-as-chip-maker-struggles.htm Thu, 17 Jul 2008 17:14:47 EDT One of the last official acts of Aquila Inc.'s board of directors before handing the company to Great Plains Energy Inc. on Monday was to give its outgoing chief executive a $1 million parting gift. http://www.ibtimes.com/articles/20080716/aquila-board-gives-ceo-green-1-million-bonus.htm Wed, 16 Jul 2008 11:39:40 EDT The chairman and chief executive of UMC has resigned, the Taiwanese chip foundry said Wednesday. The board chose Stan Hung to succeed Jackson Hu as chairman and Shih-Wei Sun to take his place as CEO, the company said. http://www.ibtimes.com/articles/20080716/umc-ceo-resigns-replacements-announced.htm Wed, 16 Jul 2008 07:45:56 EDT The former CEO of Maryland's largest health insurer should receive only about half of an $18 million severance package, because the amount is inconsistent with the insurer's mission as a nonprofit, a state official ruled Monday. http://www.ibtimes.com/articles/20080714/md-rules-ex-carefirst-ceos-severance-be-halved.htm Mon, 14 Jul 2008 15:14:45 EDT The chief executive of General Motors Corp. dismissed speculation that the largest U.S. automaker might soon seek bankruptcy protection. Comments in the past week about a potential bankruptcy are "not at all constructive or accurate," Rick Wagoner said Thursday. http://www.ibtimes.com/articles/20080710/gms-wagoner-company-wont-seek-bankruptcy.htm Thu, 10 Jul 2008 18:17:50 EDT On his first day as the new CEO of Wachovia Corp., Robert Steel saw the stock tumble to a 17-year low and faced questions about his ability to rescue the nation's fourth-largest bank from its own missteps and the roiling credit market. http://www.ibtimes.com/data/articleimgs/88930-wachovia-ceo.jpg http://www.ibtimes.com/articles/20080710/wachovia-confirms-steel-to-lead-bank.htm http://www.ibtimes.com/articles/20080710/wachovia-confirms-steel-to-lead-bank.htm Thu, 10 Jul 2008 16:19:55 EDT Telecommunications products and services provider Intervoice Inc. said Wednesday Chief Executive Robert Ritchey will retire at the end of August, to be replaced by Jim Milton, currently president and chief operating officer. http://www.ibtimes.com/articles/20080709/intervoice-ceo-robert-ritchey-to-retire.htm Wed, 09 Jul 2008 18:01:21 EDT Satellite systems maker Integral Systems Inc. on Wednesday named John B. Higginbotham chief executive and appointed him to its board of directors. Interim CEO Alan Baldwin has returned to his previous role as a director, the company said. http://www.ibtimes.com/articles/20080709/integral-systems-names-john-b-higginbotham-as-ceo.htm Wed, 09 Jul 2008 17:51:46 EDT Wachovia Corp., the nation's fourth-largest bank, named Treasury Undersecretary Robert Steel chief executive on Wednesday, ending a nearly six-week search for a new leader. http://www.ibtimes.com/data/articleimgs/88814-wachovia-ceo.jpg http://www.ibtimes.com/articles/20080709/reports-wachovia-narrows-ceo-search.htm http://www.ibtimes.com/articles/20080709/reports-wachovia-narrows-ceo-search.htm Wed, 09 Jul 2008 20:17:28 EDT Shares of emerging markets oil and gas companies trading in the U.S. mostly fell in afternoon trading Wednesday as crude prices fluctuated after a U.S. government report showed oil stockpiles fell more then expected last week. http://www.ibtimes.com/articles/20080709/adrs-in-focus-emerging-markets-oil-and-gas.htm Wed, 09 Jul 2008 14:58:16 EDT The Payless ShoeSource chain is getting a new boss. Collective Brands Inc. said Wednesday that it has named retail veteran LuAnn Via as president and chief executive officer for the chain of more than 4,500 shoe stores. http://www.ibtimes.com/articles/20080709/retail-veteran-to-run-payless-chain.htm Wed, 09 Jul 2008 11:43:48 EDT Women's apparel retailer Charming Shoppes Inc. said Wednesday its president and chief executive, Dorrit J. Bern, is resigning, effective immediately, and that it will take a charge in the second quarter related to her employment contract. http://www.ibtimes.com/articles/20080709/charming-shoppes-ceo-resigns-co-sees-charge.htm Wed, 09 Jul 2008 09:33:38 EDT Intimate apparel maker Maidenform Brands Inc. said Wednesday its board of directors appointed its president, Maurice S. Reznik, as its new chief executive, effective July 28. http://www.ibtimes.com/articles/20080709/maidenform-appoints-new-ceo-ward-becomes-chairman.htm Wed, 09 Jul 2008 09:08:19 EDT