Louis Schweitzer

Hollande Should Avoid Economy Shock, France’s Schweitzer Says

French President Francois Hollande shouldn’t seek to create an economic “shock” with his effort to improve competitiveness in the country, former Renault SA Chief Executive Officer Louis Schweitzer said.

Volvo Names BP’s Svanberg as Chairman to Replace Schweitzer

Volvo AB, the world’s second-largest maker of commercial vehicles, named BP Plc chairman Carl-Henric Svanberg to take the same role at the Swedish company and steer it through a weakening truck market.

AstraZeneca’s Brennan to Retire; Lowth Named Interim CEO

AstraZeneca Plc Chief Executive Officer David Brennan will retire from his post, ending a six- year tenure after repeated failures in drug development left investors skeptical of the company’s earnings prospects.

Volvo Said Ready to Name BP’s Svanberg as Chairman Next Week

Volvo AB, the world’s second-largest maker of commercial vehicles, is expected to appoint BP Plc’s Carl-Henric Svanberg as chairman, according to a person with knowledge of the matter.

BP’s Svanberg to Take Over as Volvo Chairman, SvD Reports

BP Plc Chairman Carl-Henric Svanberg will be named chairman of Swedish truckmaker Volvo AB within a few weeks, replacing Louis Schweitzer, Svenska Dagbladet reported today, citing several people familiar with the matter.

AstraZeneca Strategy Change Sought After Brennan Steps Down

AstraZeneca Plc’s board is under pressure to find a dealmaker.

BP Chairman Svanberg Says He Intends to Remain in His Post

BP Plc Chairman Carl-Henric Svanberg said he isn’t considering leaving his position at Europe’s second-biggest oil company after being recommended as chairman at Volvo AB.

Pelata Says Leaving Renault After ‘No Job in Sight’ at Carmaker

Patrick Pelata, who stepped down from his post as Renault SA’s chief operating officer in 2011 following a botched espionage investigation, said he’s leaving the carmaker because he wasn’t given enough responsibilities.

Ghosn Forgoes Bonus, Rejects COO’s Resignation as Renault Spy Case Fizzles

Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata ’s resignation after wrongfully accusing senior managers of spying in a case that has become a personal embarrassment for the top two executives.

Ghosn's No. 2 Resigns After Government Pressures Renault in Spying Scandal

Renault SA Chief Executive Officer Carlos Ghosn will lose his second-in-command after Patrick Pelata resigned, bowing to pressure from the French government to take responsibility for a botched espionage probe.

"I do not believe in a shock, I'd rather see gradual action."

- Louis Schweitzer on Nov 03, 2012

Europe

France

London

Tony Hayward

Pinault Family Gives China $40 Million Disputed Bronzes

Novartis Treated Doctors to Fishing, Hooters Outings, U.S. Says

Debris From 9/11 Plane Found Between Buildings, NYPD Says

Time Warner Cable to Squeeze More Profit From Fewer Users

Tesla Model S Tops GM Volt in North American Plug-In Race