From Chief Executive Officer Mary Barra at General Motors Co. to Chairman Janet Yellen at the U.S. Federal Reserve to Daniele Nouy at the European Central Bank’s supervisory board, women nabbed top posts last year.
Ericsson AB Chief Executive Officer Hans Vestberg told directors he has no plans to step down following reports that he is among candidates to succeed Microsoft Corp.’s Steve Ballmer, according to a person familiar with the matter.
It wasn’t long after Ericsson AB Chief Executive Officer Hans Vestberg was identified as a contender for the top job at Microsoft Corp. before phones were ringing off the hook at the telecom supplier’s Stockholm offices.
Telkom SA SOC Ltd., Africa’s largest fixed-line operator, is reviewing a letter of complaint that it received from a group of unidentified people, who said they are employees. The grievances focus on the hiring of company executives and the alleged misuse of funds.
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.
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.
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.