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Ron Johnson Out as J.C. Penney Chief

J.C. Penney

After a troublesome, 17-month run, Ron Johnson is out as chief executive of J.C. Penney, and with that, the most closely watched revival effort in retail in recent memory is in danger of disintegrating.

 

NBC News President Resigns

NBC News President Steve Capus is stepping down, six months after NBCUniversal CEO Steve Burke named Pat Fili-Krushel to oversee the company's news operations.

 

Hulu CEO Jason Kilar to Depart

Hulu Chief Executive Jason Kilar will leave the online video service in the first quarter, he disclosed Friday in a blog post.

 

Intel CEO Paul Otellini to Retire in May

Paul Otellini

Chipmaker Intel just announced that CEO Paul Otellini, who has been on the job for eight years, will be retiring in May. People are going to wonder if Intel’s board is forcing Otellini out. They’ll point to Intel’s mandatory retirement age of 65. Otellini is only 62, and his predecessor Craig Barrett retired from the CEO job at 65 or 66. But apparently there’s no hard-and-fast rule at Intel. The legendary Andy Grove, the company’s third employee, served as its CEO from 1987 until 1997, retiring closer to age 61.

 

Sirius CEO Search to Be Lengthy

The search for a chief executive officer to replace Mel Karmazin at Sirius XM Radio Inc. could extend well into next year, Liberty Media CEO Greg Maffei said Tuesday. "We are both looking at internal and external candidates," Mr. Maffei said on a conference call following Liberty's third-quarter results announcement. "It's unlikely to be a one-month process. I would hope it would be six [months] or less."

 

Ford's Mark Fields promoted, could become CEO

Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn Ford's North American operations into a profit machine. Now the CEO job is his to lose....

 

Volvo Announces New CEO

Volvo announced Hakan Samuelsson will take over as its new chief executive, replacing Stefan Jacoby.

 

Vikram Pandit steps down as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

 

RadioShack CEO Gooch steps down

RadioShack

RadioShack CEO James Gooch has agreed to step down immediately and is leaving its board of directors, the struggling consumer electronics company said Wednesday.

 

Warner Music's Lyor Cohen to Resign

Warner Music said its recorded music chairman and chief executive, Lyor Cohen, will resign after more than eight years at the company.

 

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