General Electric as a name in security is fairly new but very reliable. It is new because, before 2001 when Interlogix merged into the GE Company, GE Security was non-existent. It is reliable because Interlogix had merged many outstanding communication, electrical, and security companies under its name. Casi-Rusco, Fiber Options, Aritech, SLC [...]
Home Depot Inc. said Monday that Larry Johnston had resigned from its board, effective immediately.
Johnston, formerly chief executive officer of Albertsons Inc. and a former General Electric Co. executive, cited “increasing demands on his time,” Home Depot said in a regulatory filing.
“Mr. Johnston did not cite any disagreement on any matter relating to the company’s [...]
Home Depot was forced to drop the sale price of its commercial supply business by nearly $2 billion yesterday, according to people involved in the negotiations, one of the first big buyouts to be renegotiated as a result of the recent tightening of credit and problems in the housing market.
The refashioned deal cut the sale [...]
AUBURN HILLS, Mich., Aug. 6 When Robert L. Nardelli was sent packing from Home Depot in January with a $210 million exit package and a reputation as an imperious chief executive who had made strategic blunders, he seemed tarnished forever.
Chrysler workers outside their Auburn Hills headquarters Monday, part of ceremonies to mark Cerberus Capital Management%26#146;s [...]
The association of Chrysler and its new chief executive, Robert Nardelli, may go down in history as one of the most unusual matchups of corporate outcasts.
Daimlers sale of Chrysler to the private equity fund Cerberus Capital Management for about a fifth of what it paid for it must stand as one of the [...]
Nardelli, who was ousted as chief executive of Home Depot amid shareholder discontent this year over his enormous pay package, is taking on one of the most prominent jobs in corporate America: revitalizing the troubled automaker Chrysler.
They said he would bring fresh eyes to the carmaker, which was sold by the German automaker DaimlerChrysler after [...]
Aug. 6 When Robert L. Nardelli was sent packing from Home Depot in January with a $210 million exit package and a reputation as an imperious chief executive who had made strategic blunders, he seemed tarnished forever.
But that’s not the way some big investors see him. To them, he is a former operations [...]
The corporate roster of chiefs used to be pretty short: chief executive, chief financial officer and, maybe, chief operating officer. Then came the chief marketing and technology officers.
Skip to next paragraph
Enlarge This Image
John F. Martin/General Motors
Elizabeth Lowery of G.M. says in making environmental claims, the automaker%26#146;s reputation is on the line
Now, the so-called [...]
The corporate roster of chiefs used to be pretty short: chief executive, chief financial officer and, maybe, chief operating officer. Then came the chief marketing and technology officers.
Environmental vice presidents usually spend company money, but this new breed is helping companies make money, said Eileen Claussen, president of the Pew Center on Global [...]
YAHOO looked to new leadership in its battle against Google. It was a bad week for automakers. Home Depot downsized by a unit, and Wal-Mart introduced products and services for the unbanked.
YAHOO UPHEAVAL What next for Yahoo? Terry S. Semel resigned Monday as Yahoo chief executive, amid growing shareholder dissatisfaction over the company poor performance [...]