Both Office Depot and OfficeMax have announced that they will appoint co-ceos after they complete their acquisition deal worth $976 million.
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Endo Health Rebounds after New CEO Named
Endo gains strength with new CEO. The share values of the maker of the popular Percocet, Endo Health Solutions Inc increased after a month in the doldrums after the announcement of the appointment of its new CEO.
Merger Heads for US Airways and American Airlines Named
US Airways and American Airlines name transition committee merger heads. The merger of US Airways Group Inc and American Airlines would create the world's biggest air carrier.
The Carlyle Group Names Jacques Chappuisto Lead Solutions Business
Global alternative asset manager The Carlyle Group, today announced that Jacques Chappuis will join the firm as Managing Director and Head of the Solutions business segment
Co-Head Jim Woolery Leaves JPMorgan for Cadwalader
Jim Woolery steps down at JPMorgan to start as chairman for law firm Cadwalader, Wickersham & Taft. (Corrects title of new deputy chairman and Chris Ventresca remaining at JP Morgan in second paragraph) Jim Woolery, co-head of North American mergers and acquisitions business at JP Morgan, is leaving the company to work for law firm Cadwalader, Wickersham & Taft, the investment bank's spokeswoman said.
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Vanguard CIO chooses new heads of key groups. The new head of Equity Index Group is Joseph Brennan and included in his job description is looking after more than eighty different international and US index funds as well as exchange traded funds amounting to about US$1 trillion in assets.
Okada quits ahead of ouster move. Kazuo Okada resigned from Wynn Resorts Ltd not waiting for the results of the board of directors' vote. The Japanese billionaire is actually facing ouster by the board.
Dell stock buyout plan seen as unfair. The Dell privatization plan is facing stiff criticism from hedge fund manager David Einhorn. Einhorn, who is in the midst of battle with Apple over that technology innovator's US$137 billion cash fund, is using the buyout of Dell shares as a cash policy that is unfriendly to its shareholders.
Former Commerce One CEO Mark Hoffman has been appointed as Global CEO at Oxygen Finance Oxygen Finance has named Mark Hoffman as Global chief executive officer to lead its revolutionary business-to-business (B2B) payments network worldwide.
Prokhorov selling stake at Polyus. Flamboyant Russian billionaire Mikhail Prokhorov is finalizing the details of his divestment of his thirty eight percent share in Russia's biggest gold miner.
UBS has recruited former Morgan Stanley adviser Henry Berkley as it competes in pooling top advisers in the U.S.
Standard Chartered has announced the appointment of Tom Emmet to lead merger and acquisition activities in the Middle East and North America.
Killam Properties is pleased to announce that it has completed the acquisition of 1090 Kristin Way, a 102-unit apartment building in Ontario
Lenovo Chief Financial Officer Wong Wai Ming told Bloomberg his company was looking at all opportunities including RIM
