Norilisk CEO Potanin, who purchased stock at the collapse of the Soviet Union, intends to make the mining firm's management world class.

Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.

Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.

Mick Davis and Trevor Reid, former executives of Xstrata form X2 Partners to establish X2 Resources with the Noble Group and TPG.

According to HDFC Asset Management Co CEO Prashant Jain, the nation had already seen the worst of capital outflows.

Telecom Italia, a company considered strategic in the Italian political spectrum, is undergoing a change in leadership.

CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.

Due to the loss of support from the largest shareholders of Telecom Italia, CEO Franco Bernabe is planning to submit his resignation on October 3.

Kaufhof CEO Olaf Koch, in an interview, said the company is doing well and not considering mergers. Kaufhof, the German department store chain, is doing well but its owner Metro is planning to sell it.

Consumer goods conglomerate PepsiCo appoints new AMEA CEO in Sanjeev Chadha. PepsiCo Inc, the US based softdrink giant had announced its appointment of its new CEO for Asia, Middle East and Africa, Sanjeev Chadha to be made effective immediately.