Archive for the ‘Business Stories’ Category

New GM CEO Akerson To Receive $9M Pay Package

GM’s new CEO Dan Akerson’s compensation package for the next 3 years has just been filed with the SEC.  It outlines a total of $9 million dollars to be paid through a combination of salary and stock options. Mr. Akerson is replacing Ed Whitacre who has led General Motors through bankruptcy and the subsequent bailout […]

HealthSouth co-founder knows how greed grows on you

 By John L. Smith Aaron Beam always had an affinity for the land. He tells me offhandedly he always was happiest in a garden. Beam chased a different green as a founder and chief financial officer of HealthSouth Corp. Building an enormous publicly traded health care provider made him wealthy, but in the end Beam […]

HP Hits Oracle With Lawsuit for Hiring Hurd

The tech giant says its secrets could be jeopardized by its former CEO joining a competitor. By David Needle: HP isn’t through with Mark Hurd just yet. The tech industry’s largest player yesterday filed a lawsuit against Oracle, charging that its hiring of former HP CEO Mark Hurd will lead to leaked trade secrets. It’s the […]