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Siemens Chief Faces Heat on Deal
2015-01-26 04:37:11| Telecom - Topix.net
At Siemens AG's annual general meeting in Munich on Tuesday, shareholders likely will grill Chief Executive Joe Kaeser over the price he agreed in September to pay for U.S. oil equipment maker Dresser-Rand Group Inc. Since Siemens announced the deal, valued at $7.6 billion including debt, many investors and analysts have argued Mr. Kaeser overpaid. The deal values Dresser at roughly 58 times the past year's per-share earnings.
Heartland names Scott Bross as chief information officer
2015-01-23 15:51:09| Agriculture - Topix.net
The Heartland Community College Board of Trustees recently appointed Scott Bross as the College's new chief information officer .
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Former Coles chief Ian McLeod to leave Wesfarmers
2015-01-23 02:25:55| Agriculture - Topix.net
Former Coles boss Ian McLeod has resigned from the Perth-based conglomerate Wesfarmers to join US retail giant Bi-Lo Holdings. Mr McLeod's departure comes just six months after a change in his role to spearhead Wesfarmers' international expansion plans in a newly created commercial director role.
Tootsie Roll Chief Dies at 95
2015-01-22 20:12:00| Food Processing
Melvin Gordon tightly ran Tootsie Roll Industries for more than 50 years as chairman and CEO of the candy company.
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Longtime Tootsie Roll chief dies
2015-01-21 18:53:10| Food - Topix.net
Mr. Gordon and his wife, Ellen, were unusual in that they exerted strong ma-and-pa control over Tootsie Roll Industries, 7401 S. Cicero Ave. The company was founded in 1896 by Austrian immigrant Leo Hirschfield, who named the candy for his daughter, whom he called "Tootsie." Tootsie Roll has been criticized for secretive corporate governance.
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