Bausch CEO resigns amid struggling results
Article Abstract:
Bausch and Lomb Inc.'s chief executive, William M. Carpenter, resigned from his post for "personal reasons." The company has been struggling as a result of strong competition.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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U.S. mutual-fund scandal widens: Massachusetts files suit against Franklin resources, cites 'sticky asset' deal
Article Abstract:
The mutual-fund concern Franklin Resources Inc. was charged with a civil fraud case by the Massachusetts regulators, claiming that senior executives approved a secret deal with a wealthy Las Vegas investor that enabled him to trade rapidly in one of the company's funds at the expense of rank-and-file customers. The details of the case and the proceedings thereof, are mentioned.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Riding better IBM performance, Gerstner gets big increase in pay
Article Abstract:
Louis V. Gerstner Jr., the chief executive officer of International Business Machines Corp.(IBM), received a salary and bonus totaling $9,375,000 for the 1998 year. This translated into a 56% rise from 1997. The increase in Mr. Gerstner's salary and bonus came amidst IBM's rising share value and its comprehensive performance turnaround. IBM also estimated that it spent $575 million between 1997 and 1999 to deal with Year 2000 computer problems.
Comment:
CEO Louis V. Gerstner Jr. receives salary and bonus totaling $9,375,000 for 1998
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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