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Former CEO of UTC questioned by directors on decreasing involvement -WSJ

2014-12-07 00:02:48| Industrial Machines - Topix.net

United Technologies Corp's former Chief Executive Officer Louis Chenevert, who retired abruptly, made a trip to Taiwan two weeks before his retirement to check on the construction of his yacht, the Wall Street Journal reported citing sources. There were concerns among senior managers and directors of the diversified U.S. manufacturer about Chenevert's disconnect from the company and increasing focus on his private life, the Journal reported.

Tags: directors ceo involvement decreasing

 

Fiery risk? Air shipments of batteries questioned

2014-12-03 14:30:57| Air Courier - Topix.net

FILE - In this Feb. 8, 2006 file photo, firefighters battle a blaze onboard a UPS cargo plane at Philadelphia International Airport in Philadelphia. New U.S. government tests are raising concern that rechargeable lith... Hopes for much-needed moisture but fears of mudflows marked California as a Pacific storm headed toward the drought-dry state.

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Strategy of DreamWorks Animation CEO Jeffrey Katzenberg is questioned

2014-11-20 16:23:57| Toys - Topix.net

DreamWorks Animation's next animated sequel, "Penguins of Madagascar," is expected to do solid business when it debuts next week. Above, DreamWorks offices in Redwood City, Calif.

Tags: strategy animation ceo jeffrey

 

Biz Break: Juniper Networks CEO leaves, conduct questioned

2014-11-10 23:45:53| Telecom - Topix.net

Today: Juniper Networks makes its second sudden and mysterious CEO change in a year, dumping Shaygan Kheradpir for longtime employee Rami Rahim. Almost exactly a year after announcing Shaygan Kheradpir as its new leader, Juniper Networks said Monday that the CEO resigned amid a disagreement about his conduct in dealings with an unnamed customer.

Tags: break networks conduct biz

 

MDOT Stops Use of Questioned Guardrails

2014-10-28 18:28:25| Railroads - Topix.net

Trinity Industries Inc. stopped shipments of its ET-Plus guardrails after a Texas jury ordered it to pay at least $175 million for misleading regulators. A whistleblower says the company changed the guardrails' design but didn't inform regulators for several years.

Tags: stops questioned

 

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