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• Yahoo pays CEO $1.1M bonus for 5 months of work

  March 6, 2013 6:16 PM

  SAN FRANCISCO (AP) - Yahoo CEO Marissa Mayer received a $1.1 million bonus for her first five-and-half months running the Internet company. The award disclosed Wednesday supplements Mayer's annual salary of $1 million and $56 million in long-term stock compensations that she received after Yahoo Inc. lured her away from... more »

• Facebook CEO's sis Randi Zuckerberg has book deal

  February 13, 2013 8:23 PM

  NEW YORK (AP) - The sister of Facebook CEO Mark Zuckerberg has a two-book deal. HarperCollins announced Wednesday that Randi Zuckerberg plans a memoir and a children's book. The social media executive and entrepreneur left Facebook in 2011. Her memoir, "Dot Complicated," is scheduled for release Nov. 5. It will... more »

• USOC CEO: Our athletes are safe

  June 27, 2012 5:35 PM

  Scott Blackmun, the CEO of the United States Olympic Committee headquartered in Colorado Springs says America's athletes are safe from the smoke caused by the Waldo Canyon Fire burning in the foothills west of town. Many of Team USA's swimmers, gymnasts and track and field competitors are out of... more »

• Blackberry shareholders call for separate CEO, chairman

  June 12, 2011 11:01 AM

  NEW YORK (AP) - BlackBerry maker Research in Motion is already struggling to keep up with rivals such as Apple Inc. Now it faces another challenge: dissident shareholders who are calling for changes in how the company is run. A Canadian investment firm is calling for RIM to separate the... more »

• Powderhorn CEO Bailey looks forward to retirement

  June 3, 2011 3:35 PM

  DENVER (AP) - Thirteen seasons after Steve Bailey and his investment partner bought the Powderhorn ski area, the 1,600-acre western Colorado resort is being auctioned Aug. 4, with no minimum bid. The 70-year-old Bailey says the resort is profitable. It's just time for him to retire. Next, the Powderhorn... more »

• Former CEO of Sunflower Market has trial date set

  April 24, 2011 4:07 PM

  BOULDER, Colo. (AP) - The former CEO of Sunflower Farmers Market is scheduled to go on trial Aug. 9 in Arizona on a charge of child prostitution. Fifty-two-year-old Michael Gilliland of Longmont, Colo., has pleaded not guilty to knowingly offering to pay for sex with someone he believed to be... more »

• Interim CEO hired at Silver Key

  March 9, 2011 4:50 PM

  Silver Key Senior Services has hired Robin McGrath as interim CEO and President. According to a news release from Silver Key, McGrath has a long history with nonprofits in the greater Colorado Springs area, most recently as the Chief Operating Officer of Pikes Peak Hospice and Palliative Care. ... more »

• Citigroup CEO's salary to go from one dollar to $1.75 million

  January 21, 2011 5:29 PM

  NEW YORK (AP) - Citigroup Inc. is giving its CEO a big raise. The New York-based bank is lifting Vikram Pandit's base salary to $1.75 million from just $1 a year, effective immediately. In 2009, Pandit pledged to take a $1 salary until the troubled bank returned to profitability. Citi... more »

• HP CEO Mark Hurd resigns after sexual-harassment probe

  August 6, 2010 4:22 PM

  Hewlett-Packard says CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards. Hewlett-Packard says Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by a former HP contractor. The probe concludes that the company's... more »

• 87-year-old woman masters new technology

  August 5, 2010 4:16 PM

  Mary Majka is well known in New Brunswick, Canada as an environmentalist and bird watcher. She lives in Mary's Point, a preserve where birds gather to migrate to South America for the winter. Mary's been watching them for years and now she's using an iPad to share her passion with... more »

• New BP chief: Priority is plugging well for good

  July 27, 2010 9:49 AM

  The newly named CEO of BP says his top priority is sealing its blown oil well for good and cleaning and restoring the Gulf of Mexico. Bob Dudley said he does not expect any more oil to gush into the Gulf as BP moves to permanently plug the well... more »

• BP confirms Hayward departure as CEO

  July 27, 2010 8:08 AM

  BP says Tony Hayward will step down as chief executive officer Oct. 1, to be succeeded by American Robert Dudley. In a statement accompanying its earnings update on Tuesday, BP says the decision was made by "mutual agreement." BP also reports it has taken a pretax charge of $32.2... more »

• Colorado ranks 8th in business survey

  May 24, 2010 12:30 PM

  Chief Executive Magazine ranks Colorado as the 8th best state in which to do business. Colorado moved up two spaces in 2010. Texas remains number one, with California at the bottom of the list. The magazine surveyed 650 CEOs to arrive at the rankings. They considered regulation, tax... more »

• Colorado ranks 8th in business survey

  May 24, 2010 12:04 PM

  Chief Executive Magazine ranks Colorado as the 8th best state in which to do business. Colorado moved up two spaces in 2010. Texas remains number one, with California at the bottom of the list. The magazine surveyed 650 CEOs to arrive at the rankings. They considered regulation, tax... more »

• Pikes Peak YMCA names new CEO

  May 21, 2010 10:26 AM

  The Pikes Peak YMCA named Dan Dummermuth as its next CEO. He'll replace Merv Bennett. Over the next eight months Dummermuth will serve as CEO Designate. Bennett and the Board of Directors will oversee the transition. Dummermuth has served as Senior Vice- President of Operations at the YMCA... more »

• BP CEO: chemicals help cut oil flow to surface

  May 3, 2010 9:35 AM

  The chief executive of BP says crews have been able to reduce the amount of oil reaching the surface from a massive underwater gusher with a new approach of using chemicals at the gusher. CEO Tony Hayward also said BP is not responsible for the Gulf of Mexico drill rig... more »

• Continental CEO will cancel flights before fines

  March 9, 2010 9:08 AM

  Continental Airlines plans to cancel flights rather than risk stiff fines under new federal rules designed to punish carriers for delaying passengers. CEO Jeff Smisek says that the airline will cancel flights that might be delayed three hours. Under a federal rule taking effect next month, airlines can be fined... more »

• Update: PBR leader resigns, interim CEO named

  February 1, 2010 8:02 PM

  Randy Bernard, the CEO of the Professional Bull Riders headquartered in Pueblo, is resigning his position to take the top job at the Indy Racing League. Bernard's resignation is effective March 1. Monday afternoon, the PBR board of directors named Chief Financial Officer Rodd Granger as interim CEO. ... more »

• PBR leader leaving for top job at IRL

  February 1, 2010 11:41 AM

  Randy Bernard, the CEO of the Professional Bull Riders headquartered in Pueblo, is resigning his position to take the top job at the Indy Racing League. Bernard joined PBR in August of 1995. As CEO, Bernard led bull riding to a stand alone sport. Under his leadership, the PBR... more »

• GM chairman to become permanent CEO

  January 25, 2010 11:30 AM

  General Motors Co. Chairman Ed Whitacre Jr., who has been serving as interim CEO since Dec. 1, has been named permanent CEO of the automaker. Whitacre took the interim CEO post when the board ousted former CEO Fritz Henderson. The company hired a search firm to find a permanent... more »

• Emphasis on ethics

  January 19, 2010 6:43 PM

  In the wake of all of the large corporate scandals that have grabbed headlines recently there's a greater demand for business ethics education at colleges and universities. On Tuesday, the Daniels Fund announced via teleconference the creation of a $7.5 million grant to be divided among six western colleges... more »

• USOC names Blackmun as new CEO

  January 6, 2010 2:16 PM

  The United States Olympic Committee has named Scott Blackmun as its new chief executive officer. The announcement was made at a news conference Wednesday morning at the Olympic Training Center. Blackmun has signed a four year contract with a base salary of $450,000 a year. He is currently... more »

• USOC to tab Blackmun as new CEO

  January 5, 2010 3:36 PM

  Two people familiar with the decision say the U.S. Olympic Committee has turned to Scott Blackmun, a former interim leader for the organization, to become its third chief executive officer in the past 10 months. The two people say Blackmun will be announced as the new CEO on Wednesday. They... more »

• Frontier to start Denver-to-Fairbanks air service

  December 18, 2009 8:25 AM

  Denver-based Frontier Airlines announced Thursday it is starting seasonal summer service to Fairbanks International Airport. The nonstop flights from Denver will start May 14 and continue four days a week through Sept. 12. Fairbanks Convention & Visitors Bureau president and CEO Deb Hickok praised the news. Hickok says expanded air... more »

• Bank of America to repay government bailout

  December 2, 2009 5:43 PM

  Bank of America says it plans to repay its government bailout funds and raise capital in the coming days. The bank has issued a statement Wednesday saying it would pay back the $45 billion in government loans it received during the credit crisis last year and after the purchase of... more »

• Streeter won't seek USOC's permanent CEO position

  October 8, 2009 9:18 AM

  U.S. Olympic Committee acting CEO Stephanie Streeter will leave her post within the next five months. Streeter, who took the job when Jim Scherr was forced to resign in March, announced the decision Wednesday, saying she wanted to get back into the corporate world. The announcement comes less than a... more »

• Intel CEO: PC sales could rise in 2009

  September 22, 2009 1:47 PM

  Intel Corp. CEO Paul Otellini says the personal-computer market is pulling out of its slump faster than many analysts expect. Otellini said at a conference Tuesday that he expects PC sales to be "flat to slightly up" this year from last. That diverges from forecasts from market research firms IDC... more »

• Former airline CEO backs tarmac delay limit

  September 22, 2009 12:44 PM

  A former CEO of American Airlines is backing imposition of a three-hour time limit on how long airlines can strand passengers on airport tarmacs. Robert Crandall parted company from his former industry colleagues and joined passengers rights advocates Tuesday as they took their case to Congress. Crandall said he supports... more »

• Apple CEO Jobs on stage, discusses transplant

  September 9, 2009 3:54 PM

  Apple Inc. CEO Steve Jobs has returned to his showman role - taking the stage Wednesday at a product launch event for the first time since his nearly six-month-long medical leave. Jobs, who had a liver transplant this spring, got a standing ovation. Looking thin and speaking quietly and with... more »