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“Charles used to say, “If God had meant boys to be fucked, he would have put a hole in their ass.”
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Former Cisco CEO says 80 percent of CFOs see recession comingFormer Cisco CEO John Chambers said that the Fed missed an opportunity to stabilize the markets and set a cautious tone for the economy: from a guy with a lot of stock options
Source: CNBC - 🏆 12. / 72 Read more »
BlackBerry names former Cisco exec Bryan Palma as COO and presidentBlackBerry Ltd. said Monday it has named Bryan Palma, Cisco's senior vice president and general manager of customer experience for the Americas, as its new chief operating office and president. Palma has nearly 20 years experience at big U.S. companies, including Boeing , Hewlett Packard , PepsiCo and the U.S. Secret Service, the company said in a statement. The new appointment is effective immediately and will has Palma responsible for core product and services that serve as the foundation for a strategy of securing the Enterprise of Things, the company said in a statement. Shares were not yet active premarket, but have fallen 39.7% in the last 12 months, while the S&P 500 has fallen 7.2%. Blackberry? Does Blackberry exist? BlackBerry is still in business I work in the wireless industry and still have the same reaction as the general public: 'Wait, Blackberry is still a thing?'
Source: MarketWatch - 🏆 3. / 97 Read more »
Nissan CEO plans one-on-one meeting with Renault boss in Amsterdam: sourcesNissan Motor's CEO plans to meet one-on-one with the deputy CEO of... Renault cannot trust Nissan now. An obvious coup to make sure Nissan remains a Japanese controlled entity. 'Renault directors were briefed last week on the Nissan investigation that led to Ghosn’s arrest but reiterated their earlier decision to keep him in office as chairman and CEO'.
Source: Reuters - 🏆 2. / 97 Read more »
The consumer is in 'very good shape,' former Macy's CEO saysFormer Macy's CEO Terry Lundgren says to expect more closures of physical retail stores because 'that's what has to happen.' Here's why he doesn't think that's bad news for retailers, though:
Source: CNBC - 🏆 12. / 72 Read more »
CBS denies $120 million severance payout to former CEO Les MoonvesCBS has decided to deny former CEO Leslie Moonves a $120 million payout after an investigation found there were 'grounds to terminate for cause,' according to a statement from the network. Moonves lawyer issues statement in response: “The conclusions of the CBS board were foreordained and are without merit.” Julie Chen must be shaking in her Ferragamo boots.
Source: ABC - 🏆 471. / 51 Read more »
CBS Denies Former CEO Les Moonves $120 Million Severance PackageThe network explained its decision, saying 'there are grounds to terminate for cause, including his willful and material misfeasance' and failure to cooperate with the company's investigation. One word: GOOD! Small wins Oh well.
Source: NPR - 🏆 96. / 63 Read more »
CBS denies former CEO Les Moonves $120 million severanceNEW YORK (AP) — Former CBS CEO Les Moonves will not receive his $120 million severance package after the company's board of directors determined he was fired 'with cause' over sexual misconduct allegations. The board said Monday it reached its decision after finding that Moonves failed to cooperate fully with investigators looking into the allegations. The board also cited what it called Moonves' 'willful and material misfeasance,' violation of company policies and breach of his contract. Moonves was ousted in September after allegations from women who said he subjected them to mistreatment including forced oral sex, groping and retaliation if they resisted. Good move, sex offenders do not need such a huge payoff Good About time someone does the right thing.
Source: AP - 🏆 728. / 51 Read more »
Former CBS CEO Leslie Moonves isn't entitled to $120 million in severance, board findsCBS Corp.’s board of directors has concluded that Leslie Moonves should be fired for 'cause.' The determination means he is not entitled to $120 million in severance. Last sentence is incomplete I never harassed anyone can I have the money?
Source: latimes - 🏆 11. / 82 Read more »
Nissan is investigating a 'CEO reserve' fund used by its former chairman Carlos GhosnFormer Nissan Chairman Carlos Ghosn used a 'CEO reserve' fund to help pay for residences and other personal expenses.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How Cisco's Former CEO Turned A Secret 'Disability' Into His Greatest StrengthIn a candid and revealing conversation, former Cisco CEO John Chambers talks about the power of personal stories to build trust as a leader. Inspirational. Incredible. I plan on turning my own disability into something amazing
Source: Forbes - 🏆 394. / 53 Read more »