Head of Greek debt office replaced

Posted on 19. Feb, 2010 in: WORLD

Greece has replaced the head of the debt management agency following two days of rising speculation on markets that it would try to launch a fresh syndicated bond next week.
Greece’s debt crisis remains acute, with no specific promises of financial support from its eurozone partners and €20bn of maturities due to be rolled over in [...]

SAP CEO resigns, replaced by 2 co-chief executives (AP)

Posted on 07. Feb, 2010 in: WORLD

,
, has resigned after his contract was not renewed and two new co-CEOs have been named, the company said Sunday.
Neither the company nor Apotheker, who has been with company since 1988 and CEO since 2008, said why the decision was made not to renew his contract.
, the German equivalent to a U.S. [...]

Ravens linebacker Suggs out, replaced by rookie Kruger

Posted on 19. Nov, 2009 in: SPORT

BALTIMORE (Reuters) – Baltimore Ravens linebacker Terrell Suggs, one of the NFL’s best pass rushers, has been ruled out of Sunday’s game against the Indianapolis Colts because of a knee injury, the team said on Wednesday.
The three-times Pro Bowler suffered the injury when Cleveland Browns quarterback Brady Quinn struck him with an illegal low block [...]

Hornets coach Scott fired and replaced by Bower

Posted on 13. Nov, 2009 in: SPORT

MIAMI (Reuters) – The New Orleans Hornets have fired head coach Byron Scott and replaced him with general manager Jeff Bower, the NBA team said on Thursday.
The move came after the Hornets lost 124-104 to Phoenix on Wednesday leaving the team with a 3-6 record.
Bower has worked in a number of roles with the Hornets [...]

Injured Cabrera replaced by Pena on NY roster

Posted on 02. Nov, 2009 in: SPORT

PHILADELPHIA (Reuters) – The New York Yankees replaced injured outfielder Melky Cabrera with rookie infielder Ramiro Pena on their World Series roster prior to Monday night’s Game Five, Major League Baseball announced.
Cabrera, who had been hitting .271 in the postseason, strained his hamstring during Sunday’s 7-4 victory over the Philadelphia Phillies that gave New York [...]

Morgan Stanley CEO Mack to be replaced by Gorman

Posted on 10. Sep, 2009 in: BUSINESS

By Steve Eder and Dan Wilchins
NEW YORK (Reuters) – Morgan Stanley Chief Executive John Mack is stepping down and will be replaced by retail brokerage head James Gorman, signaling the storied bank is embracing stable businesses after losing big on risky ones.
Mack, 64, a former trader who rose to CEO after a coup toppled Philip [...]