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| March 24, 2017

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ShakeUp Archives -

After scandal and shakeup, Banc of California wants to be boring again

March 20, 2017 |

Banc of California was at a high point last summer.

The Irvine lender’s assets had topped $ 10 billion, a milestone for a bank that had assets of less than $ 1 billion just five years earlier. Impressed investors sent its notoriously cheap stock to a post-recession high.

And in August, its ambitious…


L.A. Times – Business

Fed may face unnerving shake-up under Trump administration

December 1, 2016 |

A man walks past the Federal Reserve Bank in Washington DCChange at the Federal Reserve could come quickly with President-elect Donald Trump's team pledging to promptly fill high-level central bank jobs and roll out a tax and fiscal plan that could rewrite policymakers' core economic assumptions. Fed officials already say their plan to gradually increase interest rates may need to be accelerated to accommodate the new administration's economic proposals, which could push inflation higher. The concerns for Fed Chair Janet Yellen are broader as she faces a 14-month window to preserve her legacy and try to ensure the central bank's independence in the face of a possible four or more Trump appointees to its seven-member Board of Governors.



Economy News Headlines – Yahoo! News

It’s Shake-Up No. 2 for the Trump Transition Team

November 15, 2016 |

Big shake-up No. 2 for Donald Trump’s presidential transition team: Former House Intelligence Committee Chairman Mike Rogers, who had been leading the national security part of the team, resigned Tuesday. In a statement reported by Politico , he called his time “during the initial pre-election planning phase … a privilege” and framed…
Newser

Airbus Tightens Belt With New Corporate Shake-Up

September 30, 2016 |

Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.
WSJ.com: US Business

Possible shake-up at American Apparel: CEO Paula Schneider is expected to exit post

September 23, 2016 |

Paula Schneider plans to exit her post as American Apparel chief executive Oct. 3, WWD has learned. She is to be succeeded by the company’s general counsel and chief administrative officer, Chelsea Grayson, who is in the process of transitioning into the role.

The change comes on the heels of the…


L.A. Times – Business

Incoming Viacom CEO plans investor campaign as shakeup looms

August 21, 2016 |

US-VIACOM-DAUMANBy Jessica Toonkel NEW YORK (Reuters) – As Viacom Inc prepares for the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to investors, setting a new tone for a company that has kept communications minimal. Dooley plans to set up meetings between shareholders and heads of Viacom networks, which include Comedy Central, MTV and Nickelodeon, two people familiar with the situation said on Friday. Viacom has been embroiled in a legal battle between Dauman and some members of its board on one side and controlling shareholder Sumner Redstone and his daughter, Shari Redstone, on the other, over control of Redstone's $ 40 billion media empire, which includes Viacom and CBS Corp .



Business News Headlines – Yahoo! News

Viacom CEO’s Tenure May Be Up Soon After Board Shakeup – New York Times

June 16, 2016 |

Washington Post
Viacom CEO's Tenure May Be Up Soon After Board Shakeup
New York Times
LOS ANGELES — Viacom CEO Philippe Dauman may not have much time left at the entertainment conglomerate. National Amusements, the theater company through which Sumner Redstone controls both Viacom and CBS, said Thursday that it has replaced …
Sumner Redstone moves to replace 5 Viacom directors, including DaumanUSA TODAY
Meet the newly installed Viacom board membersLos Angeles Times
Sumner Redstone Ousts Viacom CEO Philippe Dauman And Four Others From The BoardForbes
TheWrap –Adweek –MarketWatch –Zacks.com
all 155 news articles »

Business – Google News