November 2008
BofA CEO Kenneth D. Lewis advice to America: One too many auto makers
“I think there’s one too many” automakers, Bank of America CEO Kenneth Lewis told the Detroit Economic Club during a meeting in Cobo Center, the downtown convention center that’s home to the North American International Auto Sho...
September 2008
Stephen Odell to replace Fredrik Arp as a CEO for Volvo Ford.
Ford has had losses of $23.9 billion since 2005, mainly because of its North American operations. CEO Alan Mulally has shed all European luxury brands sold off its Jaguar, Land Rover and Aston Martin businesses as part of strategy to focus on core bra...
August 2008
Lewis S. Ranieri quits, Alan E. Master become new Franklin Bank CEO
Lewis Ranieri said he is resigning as interim chief executive of Franklin Bank Corp but will remain chairman, allowing him to focus on raising operating capital for the struggling Texas bank. Alan Master, President and a director of Franklin, was name...
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