The fact that the Merrill Lynch board accepted the so-called retirement of Chief Executive Officer Stanley O'Neal and then designated a board member, Alberto Cribiore, to lead a search committee to replace O'Neal reflects a complete failure of CEO succession planning. I'll tell you what they did...
Organizations merge and form a single entity to achieve economies of scale, widen their reach, acquire strategic skills, and gain competitive advantage. The ‘real’ work comes after the merger has taken place. This concerns managing the transition involved in the merging activity, in an efficient manner. The paper examines six...
Understanding an institution's loan pricing is an integral part of the board's function. However, the federal budget surplus is dictating that most banks' pricing index of choice, treasury securities may disappear in a few years. It is the market index used to reprise many of the loans that commercial and...
BERLIN (Reuters UK) - Police probing multi-billion euro losses at German bank SachsenLB raided offices and apartments across Germany and in Dublin on Tuesday, prosecutors said. SachsenLB, a state-owned regional bank from eastern Germany, was one of Europe's biggest casualties of the U.S. subprime mortgage...
The nation's largest distributor of packaged ice is under siege, and so far it's less than clear when or whether it will be able to free itself from its problems, many of them self-imposed. by Dan Mitchell
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-BJ's Restaurants Names New Chairman and Lead Independent DirectorC2008 - CloseUpMedia - newsdesk@closeupmedia.com BJ s Restaurants announced that it held its annual meeting of shareholders on Wednesday, June 4. Shareholders re-elected Paul A. Motenko, Jeremiah J. Hennessy, Gerald...
As the problem of full transit vehicles is encountered daily by passengers in most of the big cities, previous research evaluated the consequence of overcrowding in terms of on-board crowding and passengers not being able to board with full vehicles. The impact of overcrowding in the real...
This study performs a theoretical analysis of instability in a departure time choice problem. Stability of equilibrium is an important factor for reliability of travel time. If equilibrium is not stable, travel time changes over a period of days even if demand and network performance are stable....
John Orr Crites, one of the leading vocational psychologists of the 20th century, succumbed to pneumonia on March 15, 2007. With his passing, counsel ling psychology lost an exemplar of its scientist-practitioner model. Jack's scholarly contributions and leadership substantially advanced vocational psychology both as a distinct discipline...
1. Facial Cleansers St. Ives Protective Cleanser ($7; at drugstores) Morning multitasking has never been easier. When you wash off this extra-creamy cleanser, it leaves behind a protective layer of SPF 10 sunscreen. (The sunscreen is packed into microscopic capsules that cling to skin.) Testers feared it would...
By Tim Hrenchir THE CAPITAL-JOURNAL A well-known international company is looking at establishing a distribution center that would employ 400 people near the Target Distribution Center, the Joint Economic Development Organization was told Wednesday. JEDO board members, six of whom didn't...
By Tim Hrenchir THE CAPITAL-JOURNAL A well-known international company is looking at establishing a distribution center that would employ 400 people near the Target Distribution Center, the Joint Economic Development Organization was told Wednesday. JEDO board members, six of whom didn't...
FARMINGTON -- If you want to send someone to retrieve books you have on hold at the Davis County Library, that person will need to have some specific information. Tuesday, the county's library board updated a policy that now requires a library patron to know the titles...
HONOLULU -- Sopogy[R] today announced T. Michael May, recently retired President and Chief Executive Officer of Hawaiian Electric Company (NYSE: HE) was elected to Sopogy's board of directors. Michael also serves on the board of directors of the Electric Power Research Institute, the Edison Electric Institute and The James Campbell...
West Pharmaceutical Services, Inc. (NYSE: WST), a leader in developing delivery systems that enhance theadministration of pharmaceuticals, has adopted use of BoardVantage todistribute board materials electronically and reduce their printingrequirements. West Pharmaceutical Services will be using BoardVantage notonly to support their board members, but also to collaborate with outsideauditors and...
ROLLING MEADOWS, Ill. -- Kimball Hill Homes today announced the appointments of Ken Love as Executive Chairman of the Company and Diane Hill as a Director. Mrs. Diane Hill will be a member of the Board of Directors. Mrs. Hill is the wife of founder David K. Hill...
Kari Culp was promoted to account executive with Schnake Turnbo Frank | PR. Culp is a member of the Public Relations Society of America, the University of Oklahoma Alumni Association, Tulsa's Young Professionals, the Wild Brew committee and serve on the board of directors for Tulsa CARES...
The city's Industrial Development Board on Tuesday approved 30- year property tax exemptions for the new B.W. Cooper and C.J. Peete housing developments. The IDB estimated that the cost of the tax abatements would be $7.1 million over 30 years for the 410-unit B.W. Cooper development...
STOCKHOLM, Sweden -- Regulatory News: Prior to the Annual General Meeting on October 20 Morphic's (STO:MORPB) Nominating Committee has decided to propose Peter Ekenger as a new member of the company's Board of Directors. The Nominating Committee proposes that Peter Ena Board Chairman, Kurt Dahlberg, Kjell Ostergren and...
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