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| March 22, 2018

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Debra Reed is stepping down as CEO of Sempra Energy

March 13, 2018 |

Just days after Sempra Energy wrapped up the largest acquisition in the company’s history, Debra Reed announced Monday that she will be stepping down as president and chief executive of the San Diego company.

Reed, 61, who has led Sempra since 2011, is one of the few women running a major corporation…

L.A. Times – Business

Yellen to join Brookings Institution think tank after stepping down as Federal Reserve chief

February 4, 2018 |

Federal Reserve Chairwoman Janet L. Yellen won’t be joining the ranks of the unemployed she worked to try to reduce during her tenure leading the nation’s central bank..

Yellen, 71, whose term as Fed chief ends on Saturday, will start Monday as a distinguished fellow in residence in the economic…

L.A. Times – Business

Frequent Trump Target at FBI Is Stepping Down

January 29, 2018 |

Expect a certain high-profile Twitter user to be celebrating this news: FBI deputy director Andrew McCabe is retiring, reports NBC News . The move is effective immediately, though McCabe will formally remain on the FBI payroll into March thanks to accrued vacation time. No surprise: As the Washington Post notes, the…

Andy Puzder is stepping down as CEO of Carl’s Jr. parent firm CKE

March 21, 2017 |

Fast-food executive Andy Puzder, whose bid to become Labor secretary collapsed last month, is stepping down as chief executive of Carl’s Jr. parent CKE Restaurants.

Taking over the reins at CKE will be Jason Marker, a fast-food veteran who has served as president of Kentucky Fried Chicken. Marker…

L.A. Times – Business

Chief of the FTC, the powerful consumer watchdog, is stepping down

January 14, 2017 |

Federal Trade Commission Chairwoman Edith Ramirez said Friday that she will soon step down as head of the country’s most powerful consumer watchdog after serving more than three years in the role and another three years before that as a commissioner.

Ramirez is expected to serve in her current…

L.A. Times – Business

Starbucks’ Howard Schultz is stepping down as CEO

December 1, 2016 |

Starbucks Corp. Chief Executive Howard Schultz, who transformed the chain into a global coffee brand, is stepping down from that role at the company he joined more than 30 years ago. 

The Seattle-based company announced Thursday that Kevin Johnson, who was named president and chief operating officer…

L.A. Times – Business

Starbucks CEO Howard Schultz Is Stepping Down

December 1, 2016 |

Starbucks says CEO Howard Schultz is stepping down from that role at the coffee chain that he joined more than 30 years ago, the AP reports. The company announced Thursday that Kevin Johnson will become chief executive as of April 3. Schultz, currently chairman and CEO, will become executive chairman…

Head of Morgan Stanley’s Joint Venture in China Stepping Down

May 20, 2016 |

The head of Morgan Stanley’s joint venture in China is stepping down, a person familiar with the matter said. What’s News Asia

The CEO of fintech company Lending Club is stepping down and now the stock is crashing – Business Insider

May 9, 2016 |

Business Insider

The CEO of fintech company Lending Club is stepping down and now the stock is crashing
Business Insider
Lending Club CEO Renaud Laplanche is stepping down from his position with the company after an internal review. In pre-market trade on Monday following the news shares of the company were down as much as 28%. In a statement Monday morning, …
LendingClub CEO Resigns Over Loan ReviewWall Street Journal
Lending Club, Leading Online Lender, Says Its Chief ResignsNew York Times
Lending Club shares are crashing after its CEO resignsTechCrunch
Bloomberg –Crowdfund Insider –USA TODAY –Financial Times
all 18 news articles »

Business – Google News

Alfred Mann, the billionaire founder of drug maker MannKind, stepping down

February 21, 2016 |

Struggling Valencia drug maker MannKind Corp. said Friday that the company’s 90-year-old founder and executive chairman Alfred Mann was stepping down.The move comes as the company has been fending off reports that it is up for sale following the loss of its key partner, pharmaceutical giant Sanofi….

L.A. Times – Business