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Ron Johnson Out as J.C. Penney Chief

J.C. Penney

After a troublesome, 17-month run, Ron Johnson is out as chief executive of J.C. Penney, and with that, the most closely watched revival effort in retail in recent memory is in danger of disintegrating.

 

GM's Opel Boots Its CEO, Girsky Now In Charge

Opel CEO

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.

 

Medvedev Fires Russian Finance Minister for Insubordination

Medvedev Fires Russian Finance Minister for Insubordination

President Dmitri A. Medvedev forced Aleksei L. Kudrin out of office for insubordination after the two had an icy confrontation on television.

 

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