WellPoint Inc., the second-biggest U.S. health insurer, has chosen recruiting firm Spencer Stuart & Associates Ltd. to lead its search for a new chief executive officer, according to a person familiar with the decision.
Beth Comstock, a Nike Inc. director, says she picked up ideas in the shoemaker’s boardroom about doing business in India by appealing to that country’s love of cricket. Now she’s taking what she learned back to her day job as General Electric Co.’s marketing chief.
Intel Corp. hired Spencer Stuart & Associates Ltd. to help find its next chief executive officer, people with knowledge of the matter said, a sign that the chipmaker is seriously considering external candidates.
U.S. corporations are switching chief executive officers at the fastest pace in five years as companies from Wal-Mart Stores Inc. to Microsoft Corp. grapple with shifting customer tastes, competition from upstarts and restive shareholders.
General Motors Co.’s decision to name Mary Barra -- trained as an engineer -- as chief executive officer extends the ranks of women with prowess in science and technology at the highest levels of corporate America.