management

Michael W. Barnes has announced his resignation from the post of President, Chief Operating Officer and Director of Fossil Inc (NASDAQ: FOSL), with effect from November 30, 2010. Mr. Barnes will join as the Chief Executive Officer (CEO) of Signet Jewelers Limited (NYSE: SIG). Kosta Kartsotis,...

Aethlon Medical Inc (OTC: AEMD) has named Jim Frakes as the company's Chief Financial Officer (CFO). The company's Chairman and CEO, James A. Joyce, was serving as the CFO. Frakes joined AEMD in a part-time role as the company's Senior Vice President-Finance in January 2008. Joyce said, "Over the...

The board of directors of DTE Energy Co (NYSE: DTE) has promoted the company's Chief Operating Officer (COO) Gerard Anderson to the post of Chief Executive Officer (CEO) on October 1. The company's CEO Anthony Earley Jr will be appointed as the board's executive chairman. DTE's shares lost 1.41% to...

Hans Straberg, the CEO and President of Electrolux AB (OTC: ELUXY), has decided to leave the company. Keith McLoughlin will replace Straberg as the company's president and CEO, with effect from January 1, 2011. McLoughlin joined Electrolux in 2003 and is currently the head of R&D, manufacturing...

Verizon Communications Inc (NYSE: VZ) has named Lowell C. McAdam as the company's president and chief operating officer. McAdam will be reporting to Verizon Chairman and CEO Ivan G. Seidenberg, with effect from October 1.Verizon said, "The appointment of McAdam by the Verizon board of directors is...

Mr Josef Spross, the Director and Chairman of the Board of Claude Resources Inc (AMEX: CGR), has announced his retirement from the post, with effect from December 31, 2010. CGR will be on the lookout to find his successor in the coming months. Mr Spross had joined the company's Board of Directors...

The Board of Directors of SEACOR Holdings Inc (NYSE: CKH) has named Oivind Lorentzen as the company's Chief Executive Officer (CEO). The company's Board of Directors has also named Blaine V Fogg as the director and member of the Compensation Committee. Charles Fabrikant will continue as the...

Jonathan Browning has been appointed as Volkswagen AG's (OTC: VLKAY) new US operations head. Browning replaced Stefan Jacoby after he left the organization to take over as CEO of Volvo Cars. Volkswagen had got Jonathan on board in June to handle the German carmaker's national sales companies across...

Nokia Corporation's (NYSE: NOK) executive vice president, Anssi Vanjoki, who is also an executive board member, has sent word to the organization expressing his intent to resign. Vanjoki will extend his services to the organization until a six-month notice period is completed. This news followed...