Executives | featured news

Google Executive Gets Nearly $60 Million to Join Yahoo

Yahoo!

Yahoo named Henrique de Castro, a Google ad executive, as its new chief operating officer, deepening Chief Executive Marissa Mayer's stamp on the company.

 

RadioShack CEO Gooch steps down

RadioShack

RadioShack CEO James Gooch has agreed to step down immediately and is leaving its board of directors, the struggling consumer electronics company said Wednesday.

 

Head of Fox Film Unit to Step Down

Fox

The co-chairman and co-chief executive of News Corp.'s NWSA +1.27% Fox Filmed Entertainment, Tom Rothman, will step down at the end of the year, he and the company said Friday. "I love Fox and all of you," Mr. Rothman said in an internal email. Following Mr. Rothman's departure, the film unit will be led by Jim Gianopulos, currently his fellow co-chairman and co-CEO. Mr. Gianopulos, who has led alongside Mr. Rothman since 2000, will assume sole possession of those titles.

 

Zynga loses another executive in top-level exodus

Zynga

Zynga Inc's chief marketing officer has resigned, becoming the latest senior executive to depart the struggling social games company behind popular Facebook Inc games such as Farmville.

 

Yale president stepping down after 20 years

Yale University President Richard C. Levin, who oversaw a big building and renovation program and an expansion in financial aid programs, announced Thursday he is stepping down at the end of the academic year after 20 years at the Ivy League school....

 

CNN chief Walton to leave network

Jim Walton

CNN Worldwide President Jim Walton said on Friday that he was leaving the once-dominant cable news network, which has struggled in the ratings in recent years, on December 31.

 

Dow Jones President Resigns

The president of Dow Jones, Todd Larsen, resigned Tuesday after more than two years on the job and 13 years at the company. No reason was given for his departure. Dow Jones is the unit News Corp. that publishes The Wall Street Journal.

 

Struggling J.C. Penney fires its president

J.C. Penny

J.C. Penney Co.’s transformation team started to unravel on Monday. Penney president Michael Francis was fired after only eight months as the No. 2 executive at the Plano-based department store chain. Francis’ abrupt departure appears to be another corrective step from CEO Ron Johnson, who recently acknowledged that Penney’s marketing message has confused shoppers.

 

Verizon To Lay Off 1,700 Workers After Paying CEO $22 Million Last Year

Verizon Wireless

America’s largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don’t accept the buyouts, it will resort to involuntary layoffs. Verizon paid chief executive Lowell C. McAdam more than $22.5 million in 2011, according to a Wall Street Journal analysis of executive compensation.

 

JPMorgan exec expected to resign, AP source says

JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday....

 

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