People
iGate has new President and CEO
Ashok Vemuri is iGate's new President and CEO, succeeding deposed CEO Phaneesh Murthy. iGate, the outsourcing firm from India, had recently appointed Ashok Vemuri as its President and CEO effective on September 16.
Ackermann to step down from Siemens board - reports
Various reports cited sources who said that Former Deutsche Bank AG Chief Executive Officer Josef Ackermann would be stepping down from his post in Siemens AG as deputy chairman of the supervisory board.
New board members appointed for Sirius XM
Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.
Top hedge fund to bid for Sotheby's
Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.