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Entries for the ‘Movers and Shakers’ Category

Ed Zander steps down from Motorola

Motorola’s CEO Ed Zander has stepped down from his post, and handed over the reins to President and COO Greg Brown. Zander said he looked forward to spending some quality time with his family. However, he will remain as Chairman till May 2008. Zander joined Motorola in 2003, and has worked previously at Data General, [...]

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Vikram Pandit to head Citigroup ?

Close on the heels of Chuck Prince resigning from Citigroup, an Indian, Vikram Pandit, is slated to get a shoo-in for the top job. If this does happen, he will be the first Indian to be appointed as the head of a leading global bank.

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Microsoft sacks CIO Stuart Scott

Microsoft has sacked their CIO of two years, Stuart Scott for “violation of company policies.” Further, there is no word from the folks at Redmond about exactly what policies Scott has violated. He joined Microsoft in 2005 after 17 years at GE, and was recognized as one of the top 100 CIOs in 2003 by [...]

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Chuck Prince of Citigroup resigns

The Chairman and CEO of Citigroup Inc, Charles “Chuck” Prince has formally resigned. Coming as it did on the heels of the sub prime crisis and mounting losses faced by the group, this was anyway seen as coming. Former US Treasury Secy, Robert Rubin, who joined the group in 1999, now takes over as Chairman, [...]

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Stanley O'Neil resigns as Merill Lynch CEO

After presiding over the worst ever quarterly losses suffered by Merrill Lynch, CEO Stanley O’Neil has “resigned” from the company. What is even more amazing is the extent to which his golden parachute could tide him over his new “unemployed” status. It seems unthinkable that after all the carnage he was partly responsible for, he will [...]

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