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  • Picking a CEO: Microsoft, others go with insiders

    February 5, 2014 5:55 AM

    NEW YORK (AP) - Companies looking for a leader face a big question: Pluck a CEO from the rank-and-file or a fresh face from outside the organization? Microsoft decided to take the former path. The software giant on Tuesday tapped 22-year company veteran Satya Nadella for the top job. The... more »
  • Senator gives up on Citizens insurance CEO job

    June 25, 2013 5:38 AM

    BATON ROUGE, La. (AP) - State Sen. Dan "Blade" Morrish has dropped his bid to become the next CEO of the state-run insurer of last resort, the Louisiana Citizens Property Insurance Corp. The Louisiana Board of Ethics had advised that Morrish would have a conflict of interest. Because he is... more »
  • Gulf Island Fabrication CEO to retire Jan. 1

    December 18, 2012 7:47 AM

    HOUMA, La. (AP) - The head of Terrebonne Parish's largest private company will retire Jan. 1. The Courier reports that Kerry Chauvin has been at Gulf Island Fabrication for 27 ½ years, most of them as CEO and board chairman. Chauvin says he has some health problems, and he and... more »
  • RadioShack CEO Gooch steps down

    September 26, 2012 9:08 AM

    FORT WORTH, Texas (AP) - RadioShack says CEO James Gooch has agreed to step down immediately and is leaving its board of directors. The struggling consumer electronics company has begun a search for a replacement. RadioShack says Chief Financial Officer Dorvin Lively will serve as interim CEO. RadioShack Corp. says... more »
  • Gov appoints Destrehan CEO to Port of South La

    April 11, 2012 6:45 AM

    BATON ROUGE, La. (AP) - Governor Bobby Jindal has appointed a Destrehan businessman to the Port of South Louisiana Commission. Paul Robichaux is chief executive officer of Robichaux Equipment. The commission regulates commerce and traffic using the public facilities administered by the port in St. Charles, St. John the Baptist,... more »
  • Amazon CEO plans to raise sunken Apollo 11 engines

    March 29, 2012 9:52 AM

    LOS ANGELES (AP) - Long before Jeff Bezos became an Internet mogul, he was enthralled by the mysteries of space. As a 5-year-old, Bezos, along with half a billion people around the world, watched in awe as American astronaut Neil Armstrong took the first step on the moon in 1969.... more »
  • McDonald's says CEO Jim Skinner retiring

    March 22, 2012 6:44 AM

    OAK BROOK, Ill. (AP) - McDonald's Corp. said Wednesday that CEO Jim Skinner will retire later this year and hand over the responsibility of running the world's largest burger chain to the company's president. Skinner, who has been CEO since 2004, will step down on June 30 after 41 years... more »
  • Judge Refuses to Compel Transocean CEO's Testimony

    February 2, 2012 8:21 AM

    NEW ORLEANS (AP) - A federal magistrate has ruled that Transocean Ltd. doesn't have to make its CEO, Steve Newman, available to testify at a trial for tens of thousands of court claims spawned by the Gulf oil spill in 2010. BP PLC, which leased the Transocean-owned rig that caught... more »
  • BP's CEO Talks About Commitment to Communities

    March 9, 2011 2:26 PM

    In an address to CERA, BP's Chief Executive Officer Bob Dudley reiterated the company's commitment to the Gulf coast region. This commitment includes more than $5 billion already spent to meet claims by individuals, business and governments, and voluntarily funding independent research to help restore the unique environment of the... more »
  • Chrysler CEO Apologizes for Description of Bailout

    February 6, 2011 1:40 PM

    SAN FRANCISCO (AP) - Chrysler's CEO is apologizing on his company's website for the way he described the interest rates the U.S. and Canadian governments are charging his company on the bailouts it received in 2008 and 2009. Sergio Marchionne said in a statement posted Saturday that he regrets a... more »
  • Restaurant group names new president-CEO

    January 4, 2011 6:06 AM

    METAIRIE, La. (AP) - Stan Harris, a longtime restaurateur, has been named the president and chief executive officer of the Louisiana Restaurant Association. Harris, a Louisiana native, began his career in the restaurant industry in the mid-1980s with TJM Restaurant Management, the largest Ruth's Chris Steak House franchisee. He also... more »
  • BP CEO hits back at media and politicians

    October 25, 2010 9:18 PM

    LONDON (AP) - BP Chief Executive Bob Dudley accused some politicians and the media on Monday of being too hasty to pin all the blame on his company for the devastating Gulf of Mexico spill - and emphasized the need for deep-water drilling. In his first major public speech since... more »
  • V-Vehicle Gets New Name, CEO

    October 13, 2010 4:52 PM

    MONROE, La. (AP) - V-Vehicle Co., which hopes to build new cars in Ouachita Parish, has a new chief executive and a new name for the company. The company announced Tuesday that Kathleen Ligocki, a veteran auto executive, will lead the company under the new name Next Autoworks Co. The... more »
  • Treasury secretary, new GM CEO to meet in New York

    October 12, 2010 9:34 AM

    DETROIT (AP) - Treasury Secretary Timothy Geithner is meeting with new General Motors CEO Dan Akerson in New York as the government-owned automaker moves toward a public stock sale. The government says the two men are meeting Tuesday afternoon. It's chance for them to meet for the first time. The... more »
  • National Lampoon CEO gets 45 months for conspiracy

    September 8, 2010 10:02 PM

    PHILADELPHIA (AP) - The former CEO of entertainment company National Lampoon Inc. has been sentenced in Philadelphia to nearly four years in prison in a stock price manipulation scheme. Federal prosecutors say 48-year-old Daniel Laikin plotted to artificially inflate the company's stock price by paying people to buy shares. They... more »
  • Obama's ex-social secretary named publishing CEO

    August 10, 2010 9:19 PM

    CHICAGO (AP) - Former White House social secretary Desiree Rogers, who resigned after an uninvited couple crashed a state dinner, was named Tuesday as chief executive officer at Johnson Publishing Company Inc. The Chicago-based company, which publishes Ebony and Jet magazines, is the largest black-owned and -operated publisher. Rogers, 51,... more »
  • BP CEO Says It's Time To Scale Back Effort To Clean Up The Oil Spill

    July 30, 2010 1:13 PM

    BILOXI, Miss. (AP) - BP's incoming CEO says it's time to scale back the massive effort to clean up the oil spill, but adds that the commitment to make things right is the same as ever. Bob Dudley was in Biloxi, Miss., on Friday to announce that former Federal Emergency... more »
  • Robert Dudley Will Become BP's First American CEO

    July 27, 2010 11:41 AM

    LONDON (AP) - American Robert Dudley will become BP PLC's first ever non-British chief executive, the company said Tuesday as it reported a record quarterly loss and set aside $32.2 billion to cover costs of the devastating Gulf of Mexico oil spill. Ending weeks of speculation, BP confirmed that gaffe-prone... more »
  • BP Confirms Hayward's Departure as CEO

    July 27, 2010 6:48 AM

    LONDON (AP) - BP says Tony Hayward will step down as chief executive officer on Oct. 1 to be succeeded by American Robert Dudley. In a statement accompanying its earnings update today, BP says the decision was made by "mutual agreement." Currently BP's managing director, Dudley grew up partly in... more »
  • BP Denies CEO Resigning and Spill Clean-Up now $2.65 Billion

    June 28, 2010 9:41 AM

    NEW ORLEANS (AP) -- BP's mounting costs for capping and cleaning up the Gulf of Mexico spill have reached $2.65 billion, the oil giant said Monday, but the company denied reports out of Russia that CEO Tony Hayward is resigning. The company's expenses climbed $100 million per day over... more »
  • BP CEO relieved of day-to-day responsibility for managing oil spill

    June 18, 2010 4:20 PM

    LONDON (AP) - The chairman of BP says embattled chief executive Tony Hayward is being relieved of day-to-day responsibility for managing the Gulf of Mexico oil spill. According to the transcript of an interview with Sky News television released Friday, chairman Carl-Henric Svanberg says that Hayward "is now handing over... more »
  • CEO of BP Will Make His First Appearance On Capitol Hill

    June 8, 2010 1:33 PM

    WASHINGTON (AP) - Tony Hayward, the embattled CEO of BP, will make his first appearance on Capitol Hill since the catastrophic Gulf oil spill when he testifies before a congressional committee next week. Hayward is scheduled to appear at a House Energy and Commerce oversight and investigations subcommittee hearing June... more »
  • BP CEO Refutes Claims Made by Scientists

    May 30, 2010 6:35 PM

    VENICE, La. (AP) - BP PLC CEO Tony Hayward is refuting claims by scientists that there are large undersea plumes from the Gulf oil spill. Hayward said Sunday the oil is on the water's surface, and that BP's sampling showed "no evidence" of oil in the water column. Scientists from... more »

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