Toys R Us' Jerry Storch will step down as CEO after seven years at the helm, but will remain Chairman of the Board. He will also remain CEO while the retailer looks for his successor. Storch, 56, joined the company in February 2006 ...
Tags: Toys R Us, toy, company news
Alcatel-Lucent reported a fourth-quarter loss of $1.81 billion and revenue declined by 1.3%, and that it has started hunting for a new CEO. Current CEO Ben Verwaayen will step down as soon as a replacement is found, and will not seek ...
Burberry announces that Stacey Cartwright, EVP and Chief Financial Officer, is to step down after over nine successful years with the business in order to pursue new interests. To ensure a seamless transition, Stacey will remain as EVP ...
Tags: Burberry, CFO, Stacey Cartwright
Toys R Us Inc. said on Wednesday that Gerald Storch, 56, will step down as chief executive of the world's largest dedicated toy retailer, while remaining chairman. The news came just weeks after the company reported lackluster results in ...
Tags: Storch, Toys, company news
Alcatel-Lucent has announced that it is hunting for a new CEO, following reports of a fourth-quarter net loss of 1.37 billion (US$1.81 billion). Current CEO Ben Verwaayen will step down as soon as a replacement is found, and will not seek ...
Based on the ARM Cortex A9 and A15 processors Texas Instruments (TI) has launched the TPS65090, the single-chip, front-end power management unit (PMU) chip which it is claimed can extend the battery life of tablets and other portable ...
Tags: ARM Cortex A9, Texas Instruments, TPS65090
Four months after joining Premier Foods, its chief operating officer Geoff Eaton has left the firm, on the same day (February 4) its new ceo Gavin Darby, joined the debt-laden food manufacturer. Geoff Eaton has left Premier Foods after ...
The chief operating officer of Premier Foods plc, Geoff Eaton, has left the company as incoming CEO Gavin Darby takes up his new role. The UK group said it had opted for a "flatter management structure" after appointing former Vodaphone ...
Tags: Foods, COO, Eaton, Premier Foods
Greencore reported a "satisfactory" start to the year today (29 January) as acquisitions in the US offset flat UK revenues. In a trading statement released ahead of its AGM, Greencore said that sales of at its convenience food business ...
Tags: Greencore, US offset flat, UK revenues
Greencore’s latest trading results follow a successful previous year for the group against a tough trading environment. They have been welcomed as a “sound start” to the new financial year by analysts who predict ...
Tags: Greencore, chilled foods, chilled desserts
Premier Foods plc announced today (28 January) that its chief executive, Michael Clarke, has resigned. Clarke joined Premier eighteen months ago. The company said that Clarke planned to exit the group "having delivered the initial ...
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
On Tuesday, US trade representative Ron Kirk announced his resignation and plans to step down in February. No successor was immediately named although a couple international economic policy aides are said to be frontrunners. "From ...
Tags: US, Trade Representative, Ron Kirk
Alan Cox, one of the chief contributors to the Linux kernel, has taken a step down from his volunteer duties, citing the need to attend to family matters. Cox contributed to Linux in various capacities since 1991, shortly after Linus ...
In a report issued today, “Electricity in Canada: Smart Investment to Power Future Competitiveness”, the Canadian Chamber of Commerce argues that, as Canada continues to define its place as a responsible energy producer, ...
Tags: Canadian Chamber of Commerce, Electricity, energy production