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.
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.
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.
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.
New York Times Co., which hired executive-recruiting firm Spencer Stuart to conduct a search for a new CEO, is focusing on external candidates, according to a person with direct knowledge of the situation.