VENTURE CAPITAL POST

TheMarker, a financial news website, said generic drugmaker Teva Pharmaceutical Industries is set to name Erez Vigodman as its new Chief Executive on January 13 at the JPMorgan Healthcare Conference in San Francisco, Reuters reported.

According to pundits and observers, Berkshire Hathaway Inc chief Warren Buffett had resorted to a different management approach in hiring new chief executives for his business units.

Chief Operating Officer Holger Beeck would be taking over from Bane Knezevic as the chief executive of the German division of McDonald's Corp.

In a company announcement, Telecom Italia SpA Chief Operating Officer Marco Patuano was appointed as interim chief executive due to former Chief Executive Officer Franco Bernabe quitting his post yesterday.

Severstal North America chief executive Saikat Dey told reporters in a conference call that the US arm of Russia's second largest steel producer would be focusing on getting the best returns for the company.

Electronic Arts Inc. named Andre Wilson as new CEO after a six month search to fill the vacant position.

An analysis by Bloomberg said that the next CEO of Microsoft would face a lot of big choices to make after Steve Ballmer's resignation.

Groupon pinned its turnaround on billionaire venture capitalist Lefkofsky who was recently appointed as the chief executive officer.

Swisscom's profit plunged by 6.8% in the second quarter as it looks for new CEO of the company.

Allen Smith was named new CEO for Four Seasons Hotels and Resorts, succeeding former CEO Kathleen Taylor.

Samsung appointed a new African CEO and boosted capital spending.

Telenor appointed Petter Furberg as new CEO.

Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013.

Active Power named board chairman as new interim president and CEO.

Contact Solutions has named its new CEO to be Michael Boustridge.