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Barclays has moved quickly to fill the void at the top. The bank Thursday named Antony Jenkins, the head of its retail and business banking unit, to succeed Robert Diamond, who was forced to resign July 3 after the Libor rate-rigging scandal.

U.S. electronics chain Best Buy Co Inc named Hubert Joly, the former head of hospitality and travel company Carlson, as its new chief executive on Monday, hoping to tap the French businessman's acumen in turning around ailing businesses.

The New York Times Co has tapped BBC's Mark Thompson as its next president and chief executive, capping an eight-month search for an executive to lead the company as more people get their news through digital products.

Ross Levinsohn, the executive who served as Yahoo's interim chief, confirmed on Monday that he was leaving the Internet company after being passed over to fill the spot permanently.

That sound you heard from Detroit this morning was the other shoe dropping, loudly, at Opel. General Motors announced that Karl-Friedrich Stracke stepped down from his positions as GM Europe president Opel/Vauxhall CEO.

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.

Nine months ago, Salon.com's founder, David Talbot, took up the mantle of CEO, bearing with him a plan: By appealing to readers for financial support in the manner of NPR and PBS while keeping its content free to read, Salon could could diversify its revenue mix while maximizing its audience -- and thus its income from advertising.

It didn't quite work out that way.

Twin Cities-based Best Buy said Tuesday that its CEO, Brian Dunn, has resigned. The electronics company said in a statement that Dunn's departure was in "mutual agreement that it was time for new leadership to address the challenges that face the company."

Sherilyn S. McCoy, a vice chairman of Johnson & Johnson, is the new chief executive of Avon Products.

Avon Products Inc's next chief executive officer will face a litany of challenges. One of the biggest will be to re-energize the iconic "Avon Ladies," the company's diminished and often demoralized army of U.S. sales representatives.