Shares in the auction house Sotheby's have plummeted, following allegations of price fixing and the resignation of two top managers.
BMW, Rover's German owner, has just lost two top managers largely because of its troubles with Rover, and it is looking vulnerable to a takeover in the industry's looming shakeout (see article).
The firm's top two managers, Chairman Alfred Taubman and chief executive Diana Brooks, have resigned, without giving reasons for their departure.
The militants seemed to know the location of the residence camp's management office and the 5 a.m. arrival time of its top managers, said two employees.
WSJ: Algeria Probes Possible Role of Local Workers in Attacks
Following two years in bankruptcy court, most of the top managers had bolted, and the equipment had been neglected.
All transactions in corporate securities by top managers and directors should be disclosed within two business days.
Over a two-day session at a country club in Camarillo, 20 top managers from both companies and Power-One participated in workshops on conflict and communication.
SOLACE, the body that represents senior managers in local government, voluntary turnover in the two top layers below chief executive averages 7% a year, compared with 12% lower down the organisation.
ECONOMIST: The pay is better than it was. The bureaucracy is worse
At the end of the two-day affair, Michael Dell called all the presenters (the new top managers) to the dais.
Vasella also replaced complacent managers (15 of the top 21 posts turned over) and cut 12, 500 jobs in two years, lifting the operating profit margin five points, to 24%.
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