Sithe Global Power announced that Bruce J. Wrobel chief executive officer and chairman is stepping down and that Martin B. Rosenberg and Brian H. Kubeck are to succeed him.
Firm Management
Microsoft and Steve Sinofsky's enter a 'non-disparage’ agreement
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
WindPower Innovations names Nick Palumbo as subsidiary's director of sales and marketing
WindPower Innovations appointed Nick Palumbo as the Director of Sales and Marketing for subsidiary WindPower Solutions.
Dr. Sameer Bhalotra joins Invincea board of advisors
Invincea appointed the former White House Senior Director for Cybersecurity to its board of advisors.
Three more execs leave deteriorating Zynga
Zynga saw three more top executives leave their positions according to sources. According to sources familiar with the company's internal structure, Zynga lost three top executives since the month started.
Latest News
IHS GmbH confirmed that Battery Ventures had acquired the group's shares in Kings Park Capital.
Integrated Private Debt Corporation garners US$307 million for its fourth fund. Integrated Private Debt (IPD) Corp. , the private corporate debt unit of Integrated Asset Management Corp.
Apollo Global Management has agreed to pay US$400 million in cash for Pitney Bowes' management services arm.
Analytics specialist Blueocean Market Intelligence adds a new professional to the team as senior vice president of digital analytics.
Investment firms Acon and Capital International Private Equity Fund IV jointly acquires Vetra Energia.
The world's largest aluminum producer names Libby Archell new Vice President of Corporate Affairs.
Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.
Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.
Virginia-based media organization Local Voice rceives US$3 million in funding from Blue Heron Capital.
