James Post News
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Procter & Gamble Co.’s move this week to hire back A.G. Lafley as its chief executive officer recalls the successful returns of former leaders from Steve Jobs to Starbucks Corp.’s Howard Schultz.
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Updated 2 hours, 16 minutes ago
Much like turning to Star Trek and Iron Man sequels for a safe way to ensure box-office sales, recalling popular former leaders has become a reliable corporate script in times of crisis.
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Apache Corp. isn’t waiting for Carl Icahn to tell the energy company how to reverse a two-year decline that’s erased $14 billion from its market value.
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Citigroup Inc. said a profit- sharing plan, among pay practices shareholders rejected last year, helped return the bank to profitability by retaining leaders including Chief Executive Officer Michael Corbat.
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Popular Inc. , Puerto Rico’s largest lender, amassed record losses during the credit crisis and got a $935 million injection from U.S. taxpayers. Now a loan to a real estate venture overseen by the chief executive officer’s nephew is burning a hole in the bank’s books.
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Chief executives may be no more prone to extramarital affairs than in the past, yet the notoriety for getting caught has exploded.
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Nov. 14 (Bloomberg) -- James Post, public policy professor at Boston University School of Management discusses a crackdown on sexual affairs in the executive suite and leadership positions. He speaks on Bloomberg Television's "In The Loop."
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A U.S. probe of possible bribery in Mexico by a Wal-Mart Stores Inc. unit to boost store growth follows more than a decade of allegations that the company violated laws on illegal immigrant workers, overtime, gender bias and preservation of evidence in pursuit of larger profits.
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Best Buy Co.’s board hired Washington law firm WilmerHale for its investigation of former Chief Executive Officer Brian Dunn’s personal conduct, with two former federal officials involved in the probe.
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Procter & Gamble Co. and Philip Morris International Inc. found a common culprit for weaker financial results in recent weeks: changes in currency values.
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