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.
As Wal-Mart Stores Inc. prepares to anoint the fifth chief executive in its history, the world’s largest retailer is grappling with challenges founder Sam Walton never faced.
Wells Fargo & Co., the most valuable U.S. bank, paid a board member’s son about $1.4 million last year for his work in a unit responsible for investing deposits.
Apple Inc. should provide greater detail about Steve Jobs’s new responsibilities as chairman to give investors clarity on his role at the company, corporate- governance experts said.
Office Depot Inc. and OfficeMax Inc. set up a competition of the bosses, saying they’ll wait to pick whether either of their chief executive officers will be in charge when the companies merge.
Wells Fargo & Co., the biggest U.S. home lender, said it reached a $590 million settlement in principle with plaintiffs who claimed in a lawsuit that Wachovia Corp. misled investors.
Rupert Murdoch’s refusal to take responsibility for the hacking scandal that has slashed $5.5 billion from the market value of News Corp. may undermine his credibility as chief executive officer.
With the U.S. Securities and Exchange Commission probing Avon Products Inc.’s dealings with analysts, Andrea Jung may be facing the toughest challenge of her 12-year tenure as chief executive officer.
News Corp.’s independent directors, obligated to assess Rupert Murdoch and other top executives’ handling of the company’s phone-hacking scandal, are relying for guidance on Viet Dinh, a board member with personal ties to the Murdoch family.
"It's always an emergency when this happens."
- Jay Lorsch on May 24, 2013