Monday, November 25, 2013

Important BlackBerry resignations and Wal-Mart - Investment Strategies

The two companies have drawn the attention of investors with their ads. They are making significant changes in its policy for future dates.
This is most relevant ads of the day. On the one hand, BlackBerry announced the reorganization of its business that includes the departure of three senior executives. The measure is for many experts as an advance expected to appoint a new CEO.

Smartphone maker in financial trouble is not getting addressed. So much so that the firm raised buyer search, but so far has not found candidates. In fact, the major shareholder of the company, the background FairFax came to withdraw his bid for 4,700 million just under a month ago. (See news)

So, has said that BlackBerry Kristian Tear , director of operations, and Frank Boulben , director of marketing, will leave the company, plus James Yersh will replace Brian Bidulka as its CFO.

In addition, the company also said Roger Martin , a member of the board since 2007, has resigned.

New head for Wal-Mart

On the other hand, Wal-Mart Stores also introduced a new change. And it Doug McMillon will handle eventually replace Mike Duke as CEO of the company. In this sense, this resignation comes after the internal conflict has increased within the business and its corporate results have been less than expected by analysts. (See: The continued stagnation of retail)

McMillon, president of the largest international retail division of the company, will take over Feb. 1 from Wal-Mart, just one day after Duke leave, the firm said in a statement.

Also, Duke will continue as chairman of the executive committee of the board and will remain as a consultant for a year McMillon.

No comments:

Post a Comment