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Marvell co-founders step down as CEO, President

2016-04-05 15:41:00| Telecompaper Headlines

(Telecompaper) Marvell Technology announced the departure of CEO Sehat Sutardja and President Weili Dai from their management positions, effective immediately.  Sutardja and his wife Dai are co-founders of the company, started in 1995. They will remain on the board of directors, with Sutardja continuing as Chairman. Marvell said it will set up an interim 'office of the CEO' to handle day-to-day operations until a new CEO is recruited. The announcement follows an investigation into certain accounting and sales practices at Marvell and a sharp downgrade in the company's sales outlook. The main outcome of the investigation by Marvell's audit committee was certain "tone at the top" issues, including significant pressure on sales and finance personnel to meet revenue targets. There was also confusion about assertions by Marvell's CEO that he initially owned the company's Final-Level Cache invention, even though this was later found to be entirely in the company's ownership. 

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AABP announces new executive vice president

2016-04-04 21:38:00| Beef

Alan Newport Ohio veterinarian Dr. K. Fred Gingrich, II, will become executive vice president of the American Association of Bovine Practitioners (AABP) later this year when Dr. M. Gatz Riddell, Jr., retires. read more

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Lawson to promote Takemasu to president, COO positions

2016-03-29 15:20:19| Grocery - Topix.net

Major convenience store operator Lawson Inc. will promote Senior Executive Vice President Sadanobu Takemasu to president and chief operating officer effective June 1. Current President Genichi Tamatsuka will become chairman and chief executive officer with the right to represent the company, it said Monday. The appointments, along with the newly created COO post, resulted from a decision by the company to strengthen its management system.

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Lawson to promote Takemasu to president, COO positions

2016-03-29 15:16:51| Food - Topix.net

Major convenience store operator Lawson Inc. will promote Senior Executive Vice President Sadanobu Takemasu to president and chief operating officer effective June 1. Current President Genichi Tamatsuka will become chairman and chief executive officer with the right to represent the company, it said Monday. The appointments, along with the newly created COO post, resulted from a decision by the company to strengthen its management system.

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President Obama's FY 2017 Budget highlights clean energy.

2016-03-29 14:31:08| Industrial Newsroom - All News for Today

In statement, Alliance to Save Energy President Kateri Callahan said, "President Obama’s last budget continues the solid and stalwart support for investing in a clean and efficient energy future that we have seen throughout his administration. Alliance applauds the decision to double budgetary support of clean energy programs, increasing to $12.8 billion in 2021, up from $6.4 billion in 2016, as part of the Mission Innovation initiative announced by Secretary of Energy Ernest Moniz last year."

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