Latest TV Interview on Key CEO Turnovers

Earlier today, I was interviewed Pat Bolland on the Business News Network. The TV interview focused on the problems facing CitiGroup's CEO, Chuck Prince, the recent ouster of Sprint's CEO, Gary Forsee and the accounting-related scandal that resulted in the recent resignation of Alex Lidow, CEO of International Rectifier.

If you wish to view the interview click here or go to BNN and scroll down to today's interview which took place around 10:05 AM EST.

For more on Forsee's Exit from Sprint see:

Kansas City Star

CEO Watch - Prince, CitiGroup Update

Chuck Prince responded yesterday to the furor surrounding his management of Citigroup. The bank announced a major reorganization along with key management changes. The question is whether the changes are enough to quell outside calls for his his head. According to a piece by Landon Thomas, Jr. and Eric Dash in today's New York Times,

Citigroup announced that it would combine its investment banking and alternative investment units, bringing the groups together under one leader. Vikram S. Pandit, a former Morgan Stanley executive who runs Citigroup’s alternative investment division, will lead the new group, to be called the institutional client group.

For full details on the changes see Citigroup's press release.

Prince remains under pressure and stays on our CEO Watch List.

For more see:

Financial News
Crains
Newsvine
Bloomberg Update
Times Online UK
Seeking Alpha
BloggingStocks

CEO Watch - Chuck Prince, Citigroup

Just as things were getting better for Chuck Prince the credit crisis roared its ugly head. Prince is once again under the gun and this time he may be forced to give up. As the bank warned on Monday that its third-quarter profit would slide 60 percent pressures grew again for Prince's head.

For more on the growing story:

IHT
24/7 WallStreet
Washington Post
FT
FT AlphaVille
AOL Money & Finance
Bloggingstocks