Chicago Tribune parent Tribune Co. today named Donald Liebentritt chief restructuring officer, effective immediately. The company promoted David Eldersveld to be his successor as general counsel.
Filed under: Chicago executives
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Sep. 8, 2010 at 10:06 a.m.
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Filed under: Chicago executives, Media, Newspapers, Personnel moves, Radio, TV Tribune Co. names Liebentritt chief restructuring officer
Sep. 7, 2010 at 5:46 p.m.
Filed under: Airplanes, Defense, Jobs/employment, Layoffs, Management, Personnel moves, Updated Boeing slims down military aircraft business
Boeing Co. is slimming down its military aircraft business and cutting workers as the U.S. tightens defense spending and profit margins shrink.
Boeing’s military division makes the well-known Chinook transport helicopters, as well as the C-17 transport and the F/A-18 fighter-bomber.
The job cuts will start with 10 percent of the group’s executives. Boeing didn’t say how many more workers will lose jobs. It will consolidate six divisions of the business into four. Get the full story »
Sep. 7, 2010 at 3:59 p.m.
Filed under: Chicago executives, Food, M&A, Packaged foods, Personnel moves Kraft names category chief of Cadbury units
Northfield-based Kraft Foods Inc. confirmed Tuesday that Mary Beth West, its chief marketing officer, has also taken on the role of chief category officer.
West has served as marketing chief for three years, and will now head the gum, candy, chocolate and business global category teams, along with Kraft’s multi-billion-dollar marketing division. She will continue reporting to chief executive officer Irene Rosenfeld.
Kraft confirmed West’s promotion, but did not provide further comment. Get the full story »
Sep. 7, 2010 at 12:33 p.m.
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Filed under: Chicago executives, Internet, Media, Newspapers, Personnel moves Crain’s publisher steps down, No. 2 steps up
David Blake is stepping down after 10 years as publisher of Crain’s Chicago Business, which on Tuesday named Associate Publisher David Snyder his successor, effective Oct. 15.
Through the end of the year, Blake, 56, will mentor Snyder, 48, and shepherd the launch of a new online and event business that will focus on the region’s health care economy, among other projects for the weekly publication and its Internet platforms.
David Blake is stepping down after 10 years as publisher of tCrain’s Chicago Business, which on Tuesday named Associate Publisher David Snyder his successor, effective Oct. 15.
Through the end of the year, Blake, 56, will mentor Snyder, 48, and shepherd the launch of a new online and event business that will focus on the region’s healthcare economy, among other projects for the weekly publication and its Internet platforms.
MB Financial shakes up managment ranks
MB Financial, the Chicago-based middle-market bank whose earnings have come up short recently and which has expressed pessimism about the economy, is shaking up its leadership ranks, including in its commercial banking arm, the Tribune has learned. Get the full story »
Jamie Dimon slashes price on Gold Coast mansion
ELITE STREET | By Bob Goldsborough | JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon has slashed the asking price of his 18-room Gold Coast mansion from $9.5 million all the way down to $6.95 million.
The Tribune has learned that the eight-bedroom, 13,500-square-foot mansion now is listed for slightly more than half of Dimon’s original $13.5 million asking price for the home in 2007. Now based in New York, Dimon, 54, paid $4.68 million for the mansion in 2000. Get the full story »
NU medical school dean to head to Penn
Dr. Larry Jameson
Dr. Larry Jameson, dean of the Northwestern Medical School, has been named executive vice president of the University of Pennsylvania for the Health System and dean of the university’s medical school, Penn confirmed Thursday.
The appointment is effective July 1, 2011. Get the full story »
Slutzkin new program director at WLS AM
WLS-AM 890 is promoting Tracy Slutzkin from assistant program director to program director, with Drew Hayes remaining the station’s operations director.
CEO layoff leaders had highest in pay in ‘09
As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay that was significantly higher than that of their peers, according to a Washington, D.C. think tank study.
The CEOs of the 50 U.S. companies that laid off the most workers between November 2008 and April 2010 were paid $12 million on average in 2009, or 42 percent more than the average across the Standard & Poor’s 500, the Institute for Policy Studies study said. Get the full story »
Chicago business, civic leader Heytow dies
From Crain’s Chicago Business | Eugene Heytow, who headed Amalgamated Bank, the McCormick Center Hotel and the forerunner to the McPier board, has died at 76.
Ex-McDonald’s president joins Lowe’s board
Home improvement retailer Lowe’s Cos. announced Friday the appointment of Raul Alvarez, former president and chief operating officer of McDonald’s Corp., to its board. He will serve on the board’s governance and audit committees. Get the full story »
Aug. 20, 2010 at 10:15 a.m.
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Filed under: Chicago executives, Consulting, Personnel moves Deloitte & Touche names new CEO and chairman
Deloitte & Touche Chairman and CEO Stephen Van Arsdell. (AP)
Stephen C. Van Arsdell, of Naperville, has been named chairman and chief executive officer of Deloitte & Touche LLP, the accounting, auditing, capital markets and risk advisory subsidiary of Deloitte LLP.
Van Arsdell, 60, will be based in Deloitte’s New York office. He most recently served as deputy chief executive officer of Deloitte & Touche with responsibility for the professional practice network, and succeeds Nick Tommasino, who has served as chairman and CEO of Deloitte & Touche since 2006. Get the full story »
Aug. 18, 2010 at 5:42 a.m.
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Filed under: Chicago executives, Commercial real estate, Investigations, Litigation, Real estate, Updated SEC probing insider trading at General Growth
The Securities and Exchange Commission has started a formal probe of possible insider trading by current and former officers and directors of mall owner General Growth Properties Inc.
General Growth, which has operated under bankruptcy protection since April 2009 and plans to exit later this year, disclosed the probe in its bankruptcy case Tuesday and in its quarterly report filed with the SEC last week. Get the full story »
United Stationers promotes executive to COO
United Stationers Inc., a distributor of office and business products, said Monday that it has promoted a division president to corporate president and chief operating officer. The promotion of P. Cody Phipps, 48, is effective Sept. 1. He will report to Richard W. Gochnauer, who remains CEO.
Meteorologist hired for Ch. 2’s new morning news show
The new morning show at WBBM-Ch. 2 to debut this month might not have a name yet, but it does have a new meteorologist.
It will be Megan Glaros from WCBS in New York, WBBM confirmed. Glaros, who hails from Dyer, Ind., and attended Indiana University, was the New York station’s weekend morning meteorologist and entertainment reporter. Get the full story »
