Opinion on Management Changes in North America

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Type Product title / description Pub Price
CommentWire
CommentWire

EDS: new top execs get warm welcome

While Michael Jordan begins his career at EDS in the top role, the freshly reinstated position of president and COO is to be taken by a former occupant, Jeffrey Heller. Speculation is rife over whether EDS is likely to be acquired, as its low share price may make it tempting to some of the industry's larger players.

Published By Datamonitor
24 Mar 2003
CommentWire
CommentWire

Fleming: SEC - suddenly everything counts

Fleming has joined the growing ranks of food retailers currently under SEC investigation, following the announcement of a formal probe into its accounting practices. With memories of the Enron debacle still fresh, such activity is spurring concerns that a widespread revamping of accounting standards might be imminent.

Published By Datamonitor
06 Mar 2003
CommentWire
CommentWire

Merck & Co: refocusing on biotechnology

There's good news for the emerging biotechnology sector as Merck's newly appointed head of research Dr Peter Kim is one of US' biomedicine stars. This signals a shift towards innovation based on genomics and molecular biomedicine and potentially opens the door for lucrative deals.

Published By Datamonitor
11 Dec 2002
CommentWire
CommentWire

Credit Suisse: boardroom shuffling isn't enough

Lukas Muehlemann's departure from his twin roles at Credit Suisse was no surprise, given the company's plummeting share price and US probes into the allocation of hot stock offerings. But new management alone will not solve the bank's problems. The new joint CEOs - inside players John Mack and Oswald Gruebel - now need a new strategy.

Published By Datamonitor
25 Sep 2002
CommentWire
CommentWire

Dynegy: change at the top

ChevronTexaco has appointed a senior ChevronTexaco executive to the position of chairman, signaling the oil major's increased role in the troubled energy trader. While a takeover is possible, for now ChevronTexaco should focus on getting Dynergy back on track after falling credibility amongst energy trading companies.

Published By Datamonitor
29 May 2002
CommentWire
CommentWire

Andersen: accounting for itself

The struggling firm is desperately trying to get criminal charges against it dropped. If it can manage this, the US practice could well survive - there are plenty of domestic companies who can do without Andersen's disappearing international network. If the criminal proceedings continue, however, retaining customers could prove near impossible.

Published By Datamonitor
28 Mar 2002
CommentWire
CommentWire

Wendy's: pushing on

Even though the company had made some preparations for change, Mr Thomas' death leaves Wendy's facing a tough future. To maintain its position as the third largest hamburger chain, it must move forward quickly, deciding the best ways to leverage its brand name and core values.

Published By Datamonitor
11 Jan 2002
CommentWire
CommentWire

Bridgestone: the beginning of a new lifeline

The departure of Ford CEO Jac Nasser is expected to ease the tension between the US automaker and the Japanese tire company. But while a settlement is now much more likely, the dispute has already done a great deal of harm to Bridgestone's brand image and bottom line. It remains to be seen whether Mr Nasser's departure will end the fighting.

Published By Datamonitor
01 Nov 2001
CommentWire
CommentWire

Ford: Nasser ousted

The writing was on the wall for Mr Nasser. Ford has had a disastrous year, and the $692 million loss for Q3 proved to be the last straw. But while Mr Ford's appointment may keep the founding family happy, he would be unwise to move too far away from his predecessor's restructuring plan. Ford desperately needs the changes it contains.

Published By Datamonitor
30 Oct 2001
CommentWire
CommentWire

eToys: from $8 billion to nothing in two years

Published By Datamonitor
27 Feb 2001

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