March 2009
Wal-Mart to award $2 billion to U.S. hourly employees says CEO Michael T. Duke
Wal-Mart Stores Inc is giving approximately $2 billion to its U.S. hourly employees through financial incentives, including handing out $933.6 million in, after the world’s largest retailer gained market share amid a recession. In a memo distribu...
November 2008
Michael T. Duke the new CEo says our management team is extremely capable!
Wal-Mart president and CEO Lee Scott will step down, effective Feb. 1, after nine years in the post. He will be succeeded by vice chairman Michael T. Duke , who heads Wal-Mart’s international division and had previously run the company’s logistics ...
Enrique T. Salem to replace John W. Thompson as President and Chief Executive Officer at Symantec!
Symantec (Nasdaq: SYMC) today announced that John W. Thompson, chairman and chief executive officer, will retire as CEO at the end of the fiscal year. The board of directors has appointed Enrique T. Salem, Symantec’s chief operating officer, as presi...
Cisco and John T. Chambers: made for each other
Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, today reported its first quarter results for the period ended October 25, 2008. Cisco reported first quarter net sales of $10.3 bi...
October 2008
Dillard's Directors Respond To Critics Seeking to fire CEO
Members of the board on the Dillard’s Inc. board of directors have rejected a demand by activist shareholders to replace CEO William Dillard II. “We believe our management team has an appropriate strategy” for dealing with current eco...
Foot Locker Inc fires US CEO Richard T. Mina
Foot Locker Inc. a New York-based retailer of athletic footwear and apparel, the owner of more than 3,700 shoe stores, has asked Richard Mina, the president and chief executive officer of Foot Locker Inc. USA division, to resign. Foot Locker notified ...
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