Succession Plan News
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Updated 17 minutes ago
Forest Laboratories Inc., maker of the Alzheimer’s drug Namenda and blood-pressure pill Bystolic, said Howard Solomon will retire as chief executive officer at year’s end after holding the job for more than three decades.
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Updated 1 hour, 28 minutes ago
Uganda’s police continued a siege at the offices of the Daily Monitor, the East African nation’s biggest independent daily newspaper, for a fourth day as the authorities snubbed a court order to remove the cordon.
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Updated 2 hours, 28 minutes ago
CVC Capital Partners Ltd.’s plan to hold an initial public offering of Formula One may be hurt by a bribery investigation involving the auto-racing series’ boss Bernie Ecclestone.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S. bank suffered a record trading loss.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.
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The Daily Monitor, Uganda’s biggest independent daily newspaper by readership, accused the government of harassment after police raided its offices and halted broadcasts by two affiliated radio stations.
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John Grayken, founder of Lone Star Funds, has a record of generating more than 20 percent returns over two decades as the world’s biggest buyer of delinquent mortgages. What he doesn’t have is a designated successor.
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Wal-Mart Stores Inc.’s board, as it prepares for new leadership at the company, has identified two internal candidates to succeed Chief Executive Officer Mike Duke, according to a person familiar with the situation.
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Duke Energy Corp., the largest U.S. utility owner, said first-quarter profit rose as cooler temperatures than a year earlier boosted demand for power.
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