Archive for the ‘Business Stories’ Category
FRITZ HENDERSON NAMED CEO OF ENERGY SPIN-OFF
By Drew Johnson Former General Motors CEO Fritz Henderson has finally found himself a new job, landing the position of CEO at Sunoco spin-off SunCoke Energy. SunCoke is expected to be separated from Sunoco sometime during the first half of next year. Until SunCoke is spun-off from Sunoco, Henderson will serve as the company’s senior vice president. […]
In: Business Stories · Tagged with: Bankruptcy Proceedings, Company Source, Drew Johnson, Ed Whitacre, Exec Ed, Financial Expertise, Fritz, General Motors, Global Experience, Global Growth Strategy, Hoops, Independent Company, New Job, Recycling Company, Reins, Rick Wagoner, Salary Information, Senior Vice President, Suncoke, Sunoco
GM’S GIRSKY PAID $1.4M IN ATTEMPT TO SAVE SATURN
By Mark Kleis According to recently revealed documents as a result of General Motors’ IPO filing with the SEC, it has been confirmed that Stephen Girsky was compensated $1.4 million for consulting work aimed at saving the Saturn brand. Prior to joining GM as a member of the adviser board, analyst Stephen Girsky was approached by the […]
In: Business Stories · Tagged with: 1 Million, 4m, 5 Million, Adviser, Automaker, Automotive News, Bankruptcy Proceedings, Base Salary, Board Member, Full Time, General Motors, Gm, Insight, Ipo Filing, Kleis, Options, Salary Information, Saturn, Stephen Girsky, Stock
The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs
Between December 2007 (when the recession officially began) and last month, more than 8 million Americans have lost their jobs, according to the government. Of those job losses, 700,000 stem from layoffs at just 25 companies, according to 24/7 Wall Street’s analysis of data from employment consulting firm Challenger, Gray & Christmas. Here is the list: […]
In: Business Stories · Tagged with: Alcoa, Berkshire Hathaway, Circuit City, Circuit City Stores, Dhl Express, Dow Chemical, Employment Consulting, Ford Motor, Job Layoffs, Jpmorgan Chase, Kb Toys, Lehman Brothers, Merrill Lynch, Recession, Sprint Nextel, States Postal Service, Sun Microsystems, United States Postal Service, Usa Number, Verizon Wireless
