Business Jan 6, 2016
Japan's CEOs: underpaid and underwhelming
by Yuko Takeo and Nao Sano
Atsushi Saito says Japanese corporate heads are underpaid and shun bold decisions for fear of missing out on cushy adviser roles after they retire.
Business Aug 12, 2015
Seiko CEO eyes premium watch market in a bid to bolster brand
by Kazuaki Nagata
With the opening of premium boutiques in key foreign cities including Tokyo, Seiko Watch Corp. is hoping to bolster its brand image to sell more high-priced products, the firm's president said. "Seiko Watch can grow overseas more and more," with a specific focus on Europe ...
Business / Corporate Jun 24, 2015
Boeing President Muilenberg to take over controls from CEO McNerney
Boeing CEO Jim McNerney is stepping away from the controls after 10 years. The aircraft maker said Tuesday that President and Chief Operating Officer Dennis Muilenburg will become its new CEO on July 1. To ease the transition, McNerney will keep working at Boeing until ...
Business Jun 12, 2015
Dick Costolo quits Twitter helm in another shake-up amid slow growth; shares briefly surge
Twitter Inc. Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors. Costolo will be replaced by co-founder Jack Dorsey on ...
Business / Corporate Mar 5, 2015
Takeda gains first foreign chief as Weber is appointed CEO
Takeda Pharmaceutical Co. has named Christophe Weber chief executive officer as part of a planned succession that makes the French national one of the few international executives to lead a Japanese company. Weber, currently the chief operating officer, takes the new position effective April 1, ...
Business Dec 10, 2014
Abercrombie CEO exits; buyout now seen as possible
Private-equity firms have waited for this moment: Mike Jeffries is no longer in the retailing business. The controversial chief executive of Abercrombie & Fitch Co. retired Tuesday, clearing the way for any suitors interested in the teen retailer. Jeffries, 70, was long seen as an ...
World / Crime & Legal Aug 1, 2014
Demoted worker shoots tech firm CEO, kills self in Chicago
A demoted worker shot and critically wounded his company's CEO before fatally shooting himself Thursday inside a downtown Chicago office building in the bustling financial district, police said. Police Superintendent Garry McCarthy said a worker at a technological company pulled a gun after entering the ...
Business / Corporate Sep 9, 2013
Post-Gates Microsoft's woes laid to Ballmer
"Do you have an iPod?" Steve Ballmer: "No, I do not. Nor do my children. My children — in many dimensions they're as poorly behaved as many other children, but at least on this dimension I've got my kids brainwashed: You don't use Google, and ...