Corporate Governance

• Fla. lawyer suspected in $1B fraud losing license
  AP (November 18, 2009)
  MIAMI (AP) - A South Florida lawyer suspected of operating a $1 billion Ponzi scheme is asking for his own disbarment.
   
  
• Lazard names insider Jacobs as CEO and chairman
  AP (November 17, 2009)
  NEW YORK (AP) - Lazard Ltd. on Tuesday appointed Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
   
  
• AIG CEO tells employees he plans to remain CEO
  AP (November 11, 2009)
  NEW YORK (AP) - AIG CEO Robert Benmosches says he plans to stay in his job at the embattled insurer.
   
  
• Steinway Announces Agreement for Private Placement of Common Stock; Will Appoint New Director
  PRNewswire (November 05, 2009)
  
   
  
• Black & Decker CEO will not receive severance
  AP (November 04, 2009)
  CHICAGO (AP) - Black & Decker Corp. Chief Executive Nolan D. Archibald will not receive a $20.5 million severance package following Stanley Works' purchase of the tool maker but may receive a bonus of $45 million if cost savings goals are met in three years.
   
  
• NASBA Elects New Board Members at Annual Meeting
  PRNewswire (November 03, 2009)
  
   
  
• Sanofi-Aventis names Spek global operations head
  AP (November 02, 2009)
  NEW YORK (AP) - French drugmaker Sanofi-Aventis says it is promoting two high-ranking executives and adding a third to its executive committee.