Board of Directors (Appointments and Changes)
Molinaroli will lead JCI-Tyco for 18 months; successor namedFri, 27, May 2016
Johnson Controls Inc. CEO Alex Molinaroli, who has steered his company away from the automotive seating and interiors businesses during his two-and-a-half-year tenure, will serve as CEO for the combined JCI-Tyco International for 18 months.
German state refused to clear VW management but relented, report saysMon, 16, May 2016
Volkswagen shareholder Lower Saxony wanted to withhold its backing for the carmaker's top management at a supervisory board meeting but relented to avoid further damaging the company, a source close to the German federal state told Reuters.
Bill Ford defends CEO Fields as shareholders gripe about stock priceThu, 12, May 2016
Ford Motor Executive Chairman Bill Ford defended the company's CEO, Mark Fields, when shareholders complained today about the company's sinking stock price. One investor made a request to bring back former CEO Alan Mulally as an adviser.