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SEATTLE - Starbucks Corp. fired CEO Jim Donald on Monday, handing the reins back to Chairman Howard Schultz as part of a major restructuring initiative aimed at pulling the company out of a downward slide.
PHILADELPHIA - The Walt Disney Co.'s board voted to strip Michael Eisner of his chairman's post Wednesday while retaining him as CEO, only hours after shareholders delivered a stinging rebuke by withholding 43 percent of their votes for his re-election to the board.
CHICAGO - Boeing Co. chairman and chief executive Phil Condit, citing a year of controversies involving the huge aerospace manufacturer, resigned unexpectedly only days after the company fired two other Boeing officials for an alleged ethics breach.
Rick Wagoner, chairman and CEO of General Motors, speaks at the North American International Auto Show in Detroit Jan. 13.
MINNEAPOLIS - The stock options scandal claimed its biggest corporate chief yet on Sunday, with UnitedHealth Group saying Chairman and CEO William McGuire would step down because an outside report found that his option grants ‘‘were likely backdated.’’
Interim Chairman John Reed named a new chief executive for the New York Stock Exchange on Thursday, selecting a securities industry insider to lead the NYSE back from scandals that have battered its reputation.
SAN FRANCISCO - Intel Corp. chairman Craig Barrett, who steered the company through the dot-com meltdown as CEO and has become a high-profile advocate for expanding computing in the developing world, plans to retire in May, the company said Friday.
Apollo Group CEO Todd Nelson resigned Wednesday, leaving a post that made him one of the highest paid chief executives in the Valley.
CHICAGO - Christopher Galvin resigned Friday as chairman and chief executive of struggling Motorola, ending an often-rocky six years at the helm of the telecommunications giant his grandfather founded 75 years ago.
JDA Software Group named a new chief executive Monday, promoting Hamish N. Brewer to succeed James D. Armstrong, co-founder of the company, who will remain chairman of the board.
Jeff Shumway resigned Friday as chairman and CEO of the financially troubled Phoenix Coyotes.
SAN JOSE, Calif. - Despite a recent series of product missteps, Intel Corp.’s board on Thursday selected the semiconductor giant’s day-to-day operations chief to replace CEO Craig Barrett, who is stepping aside to become chairman in May.
The Diamondbacks’ major transition on the field has become apparent, and now the trend moves to management.
NEW YORK - New York Stock Exchange interim chairman John Reed aired his reform plan Wednesday and nominated eight members for a trimmed-down board to improve regulation. Critics say it may not be enough to eliminate trading abuses and conflicts of interest.
Honeywell International named a president and chief executive Friday for its $9.8 billion Phoenix-based aerospace business unit.
CHARLOTTE, N.C. • Less than a month after losing his chairman post, and more than two years after an ill-timed acquisition of California mortgage lender Golden West Financial Corp., Wachovia Corp. said Monday that board members have forced CEO Ken Thompson to retire from the nation’s fourth-largest bank.
Kahala-Cold Stone Creamery named Kevin Blackwell as its new chief executive officer after the surprise departure last week of Doug Ducey.
DETROIT - Bill Ford is stepping down as chief executive at Ford Motor Co. and the troubled automaker said Tuesday he will be replaced by Alan Mulally, a top executive from the airplane maker Boeing Co.
Scott Flanders has been selected as chief executive officer of Freedom Communications, the parent company of the East Valley Tribune and Scottsdale Tribune.
Local sports and trucking mogul Jerry Moyes wants his company back. Phoenix-based Swift Transportation Co. announced Monday that former chairman and CEO Moyes has made a bid to buy all outstanding shares of the company for $29 each, a 21 percent premium over Thursday’s closing price.
SAN FRANCISCO - Yahoo Inc. Chairman Terry Semel belittled rival Google Inc.'s recent efforts to expand beyond its leading Internet search engine, describing the diversification as a haphazard attempt to catch up with his company.
LOS ANGELES - The Walt Disney Co. said Sunday its president, Robert Iger, will succeed Michael Eisner as chief executive and that Eisner will leave his post one year earlier than previously announced.
CHARLOTTE, N.C. - After years of trying to get its recipe right to run a profitable company, Krispy Kreme Doughnuts on Monday added yet another ingredient: A new CEO.
NEW YORK - Morgan Stanley Chairman and CEO Philip J. Purcell said Monday he is planning to retire from the Wall Street investment bank amid calls for his ouster from a group of dissident shareholders and former executives.
CHICAGO - Boeing Co. on Monday said its board forced out president and chief executive officer Harry Stonecipher because of a relationship the married, 69-year-old Stonecipher had with a female executive at the company.