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Stolichnaya's SPI Group CEO Val Mendeleev departs
2016-04-05 18:36:00| Daily beverage news and comment - from just-drinks.com
The head of vodka brand Stolichnaya's parent company, SPI Group, has stepped down.
New M&S CEO Rowe to retain control of clothing
2016-04-05 16:08:00| Daily apparel & textile news and comment - from just-style.com
The new CEO of Marks & Spencer will also continue to lead the group's flailing clothing business, it has emerged, and has pledged to make its turnaround a priority for the UK retailer.
Marvell co-founders step down as CEO, President
2016-04-05 15:41:00| Telecompaper Headlines
(Telecompaper) Marvell Technology announced the departure of CEO Sehat Sutardja and President Weili Dai from their management positions, effective immediately. Sutardja and his wife Dai are co-founders of the company, started in 1995. They will remain on the board of directors, with Sutardja continuing as Chairman. Marvell said it will set up an interim 'office of the CEO' to handle day-to-day operations until a new CEO is recruited. The announcement follows an investigation into certain accounting and sales practices at Marvell and a sharp downgrade in the company's sales outlook. The main outcome of the investigation by Marvell's audit committee was certain "tone at the top" issues, including significant pressure on sales and finance personnel to meet revenue targets. There was also confusion about assertions by Marvell's CEO that he initially owned the company's Final-Level Cache invention, even though this was later found to be entirely in the company's ownership.
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president
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ZTE names new CEO
2016-04-05 13:53:00| Telecompaper Headlines
(Telecompaper) ZTE has announced the appointment of CTO Zhao Xianming as its new chairman and CEO, replacing Shi Lirong, who has been in the role since 2010. Its board also confirmed Wei Zaisheng as CFO and Fan Qingfeng, Zeng Xuezhong, Xu Huijun, Pang Shengqing, Zhang Zhenhui and Chen Jianzhou as executive VPs of the group. Shi Lirong will remain a member of the board of directors.
Stock Spirits shareholder calls for CEO Chris Heath to quit
2016-04-05 13:21:00| Daily beverage news and comment - from just-drinks.com
The largest shareholder in Stock Spirits has called for the company's CEO to stand down, after finding its "very real concerns substantially unaddressed".
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