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Microsoft will give board seat to ValueAct president

Microsoft Corp. announced on Friday that it had offered ValueAct Capital Management LLC President Mason Morfit to join the tech giant's board of directors.


Ackermann exits Zurich after he was identified in Wauthier’s suicide note

Zurich Insurance's Chairman Josef Ackermann resigned abruptly following the death of the company's CFO Pierre Wauthier.

Zurich defends account as Ackermann resigns

Zurich Insurance Group dispelled its concerns about the resignation of Josef Ackermann in the wake of its CFO's death.

Hedge funds uneasy on Summers's possible Fed Reserve nomination

According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.


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The Royal Bank of Canada promoted Taylor as the bank's first female chairman. The Royal Bank of Canada (RBC) had elected Kathleen Taylor as its first female chairman in 2014.
Chief Executive Officer Igor Sechin of Rosneft bought more shares in the state-controlled firm, increasing his stake to USD 65 million.
Insight Equity Holdings announced the hiring of two new vice presidents and three new associates to its management team.
Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.
Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
Although Javier Martin-Artajo had bought himself time by getting arrested in Madrid, lawyers involved in getting the JP Morgan ex-employee back believed that his extradition, though delayed, was inevitable.
Android vice-president Hugo Barra left Google amid marriage troubles between Sergey Brin and Anne Wojcicki.
Zurich Insurance chairman Josef Ackermann resigned in relation to the suicide of the insurer company's CFO, Pierre Wauthier.
Barclays hired investment bankers Paul Knight and Michael Rawlinson to lead its global metals and mining team.
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