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Severstal halts steel deals lookout, will focus on US growth - CEO
Severstal North America chief executive Saikat Dey told reporters in a conference call that the US arm of Russia's second largest steel producer would be focusing on getting the best returns for the company.
Carpetright CEO Shapland quits
Carpetright's Chief Executive Officer Darren Shapland has left his post. Carpetright Chief Executive Officer Darren Shapland had quit his post as the UK retailer's sales continued to deteriorate.
Gates, Ballmer seek re-election to Microsoft Corp's board of directors
Co-founding chairman Bill Gates and CEO Steve Ballmer had sought for re-election in Microsoft's board of directors, said a Reuters report.
Ellison gives up potential pay out
Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.