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GM extends top lawyer's stay as search for successor continues

2015-02-09 16:00:42| Automakers - Topix.net

General Motors said it has extended the tenure of its top lawyer, whose department was criticized over how it handled the issue of the automaker's defective ignition switch linked to more than 50 deaths, and the search for a replacement is ongoing. Michael Millikin, 66, will now retire in July and be "available for consulting services" through the end of the year, according to a footnote in the Detroit company's quarterly financial report filed last week with the U.S. Securities and Exchange Commission.

Tags: search top stay continues

Brown Shoe CFO resigns, successor named

2015-02-04 15:57:18| Footwear - Topix.net

Brown Shoe Co. has named Kenneth Hannah its new chief financial officer following the resignation of current CFO Russ Hammer .

Tags: brown named shoe successor

Ally names successor to the retiring CEO Michael Carpenter

2015-02-03 20:49:07| Automakers - Topix.net

Auto financing company Ally Financial said Tuesday that Michael Carpenter , who became the company's CEO about a year after Ally was bailed out by the federal government, is retiring. The company says Carpenter is also retiring from the board of directors effective immediately.

Tags: michael names ceo successor

Qorvo, TriQuint's successor, jumped 4 percent on first day of trading

2015-01-04 20:36:46| Semiconductors - Topix.net

Qorvo, the new wireless computer chip company created by the combination of TriQuint Semiconductor and RF Micro Devices, jumped 4 percent on its first day of trading. Trading on Nasdaq under the ticker symbol QRVO, the new company finished its first day of trading Friday at $70.40 a share.

Tags: of day percent trading