Oct. 29, 2010 at 6:43 p.m.
Filed under:
Chicago executives,
Crime,
Criminal charges
By Ameet Sachdev
Conrad Black, the wealthy Canadian who was chairman of a Chicago-based newspaper empire, may be headed back to prison after two of his crimes were upheld on appeal.
The 7th U.S. Circuit Court of Appeals in Chicago reviewed Black’s 2007 fraud conviction for a second time, after the Supreme Court called it into question in June. In a unanimous ruling Friday, the appellate court affirmed Black’s guilty verdicts on one count of defrauding Hollinger International Inc. and obstruction of justice but vacated two of his fraud convictions. Get the full story »
Oct. 29, 2010 at 5:06 p.m.
Filed under:
Chicago executives,
Education,
Health care
By Bruce Japsen
Northwestern University said Dr. Jeffrey Glassroth has been named interim dean of the Feinberg School of Medicine, effective Jan. 1.
Glassroth is president and chief executive of the Northwestern Medical Faculty Foundation, a 700-member doctor practice affiliated with Northwestern Memorial Hospital. He is also vice dean of Feinberg School of Medicine. Get the full story »
Oct. 29, 2010 at 4:24 p.m.
Filed under:
Chicago executives,
Exchanges
New York Times | Paul Kolton, founder of the Chicago Board Options Exchange who went on to become the he first paid chairman of the American Stock Exchange, has died at age 87.
Business Insider | Lee Abrams tells online video studio My Damn Channel that the stories of the “frat boy” atmosphere at Tribune Co., which ultimately cost him his job as chief innovation officer at the media giant, were “blown out of proportion.”
By Ameet Sachdev
Tyrone Fahner, a partner at the Chicago law firm of Mayer Brown, will become the president of the Commercial Club of Chicago, the Tribune has learned.
Fahner succeeds R. Eden Martin, also a lawyer, who has been president of the influential organization since 1999. Fahner will take over Jan. 1, W. James Farrell, chairman of the club, confirmed Thursday. Get the full story »
By Reuters
General Growth Properties Inc. named Sandeep Mathrani, Vornado Realty Trust’s former president of its retail unit, to become the No. 2 U.S. mall owner’s new chief executive after it emerges from bankruptcy next month, the company said on Thursday. Get the full story »
By Reuters
U.S. agricultural processor Archer Daniels Midland Co. announced on Thursday it would realign its senior leadership as part of its long term growth strategy.
Ray Young was named the company’s new chief financial officer, effective Dec. 1, joining ADM from General Motors, where he was vice president of international operation in Shanghai, China, the company said in a statement. Get the full story »
Oct. 28, 2010 at 12:55 p.m.
Filed under:
Banking,
Chicago executives,
Health care,
Media
By Becky Yerak
James Tyree, the Mesirow Financial chief executive who last week disclosed that he has stomach cancer, will begin chemotherapy next week.
“I feel pretty good,” he told the Tribune Wednesday night. “I’m sitting here stronger and greater than ever, and it’s stunning that these things are inside me”
In a note to Mesirow workers on Thursday, Tyree said that, over the past week, he has completed additional tests and consulted with several more doctors. Get the full story »
Oct. 28, 2010 at 11:41 a.m.
Filed under:
Chicago executives,
Food,
Investing
By Emily Bryson York
At Sara Lee’s annual meeting Thursday morning, the Downers Grove-based company offered no update on its search for a chief executive and declined to comment on the possible sale of its bread business.
The company did declare a regular quarterly dividend of $0.115 per share, up 4.5 percent, bringing the annual dividend to 46 cents. Get the full story »
Oct. 27, 2010 at 3:09 p.m.
Filed under:
Chicago executives,
Housing,
Real estate
By Bob Goldsborough | JPMorgan Chase & Co. Chairman and Chief Executive Jamie Dimon on Wednesday closed on the sale of his 18-room Gold Coast mansion for $6.8 million.
The buyer’s identity was not immediately available. Get the full story »
Oct. 26, 2010 at 10:46 a.m.
Filed under:
Banking,
Chicago executives,
Investing
By Reuters
Shares of Northern Trust Corp. jumped 4.4 percent on Tuesday as talk swirled that HSBC, Europe’s biggest bank, may be planning to make a bid for the U.S. trust bank and investment manager. Get the full story »
By Bruce Japsen
Hospira Inc. chief executive officer Christopher Begley said this morning that the company’s board will be interviewing candidates to succeed him in the next two months from a newly-created “short list.”
Begley, the top executive of the Lake Forest-based generic drug and device maker, told Wall Street analysts on the company’s third-quarter earnings call that “several dozen” applicants for his job have been pared down to a “short list.” Get the full story »
By Reuters
Bankrupt mall owner General Growth Properties Inc. is in talks to hire Vornado Realty Trust executive Sandeep Mathrani as its next chief executive, The Wall Street Journal reported Sunday.
Get the full story »
Oct. 25, 2010 at 2:59 p.m.
Filed under:
Chicago executives,
Entertainment,
Media,
Sports,
TV
By Tower Ticker
Todd Ricketts (Jose M. Osorio/Tribune)
By Phil Rosenthal | Todd Ricketts apparently got himself fired from a Chicago Cubs maintenance job when he attempted to secretly work for the ballclub his family owns for the CBS show “Undercover Boss.”
CBS, which announced Monday that it plans to air the Ricketts episode Nov. 7, said he fights for the chance to redeem himself after getting canned on his second day on the job.
Oct. 25, 2010 at 1:12 p.m.
Filed under:
Banking,
Chicago executives
Crain’s Chicago Business | More former First Chicago employees are taking management positions ato run ShoreBank’s successor, the Urban Partnership Bank. Peggy Myles and Kristine Rull are among the latest to rejoin Chairman David Vitale at Urban Partnership.
