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Michael Hession appointed as new CEO of InterOil
Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
Smithfield CEO: No company changes after China deal
C. Larry Pope said that there would not be any change in management following the US$4.7 billion takeover deal of Smithfield Foods Inc by Shuanghui International.
Lawrence Ho invests US$630 million in Russian casinos
Lawrence Ho invested in two Russian gambling resorts valued at US$630 million as a means of overseas business expansion.
Analysts say Ackman hedge fund rumors are false
According to analysts, the Ackman hedge fund and FedEx rumors are false. Rumors of Bill Ackman, a hedge fund operator, supposedly raising money to buy shares in FedEx were false, say analysts.