Targeted in 2006 by the Seoul Supreme Public Prosecutor's Office as part of an investigation into embezzling 106 million US dollars from Hyundai to create slush funds, the head of Hyundai Motor, Chung Mong-koo was today sentenced to three years in jail for embezzling funds.
Michael S. Dell has retaken the chief executive post at Dell to help the company come out of the quagmire it finds itself in. He reclaimed the job following a class-action lawsuit filed against Dell by its shareholders.
Microsoft Zune’s godfather, Bryan Lee has planned to leave the company in the next few weeks to pursue personal interests, the world's leading software maker said Thursday in an emailed statement.
Forty two year old Sallie L. Krawcheck, the chief financial officer of Citigroup and one of Wall Street's most powerful women will become head of the banking giant’s wealth-management division. Kraw
Apple Computer Inc., chief executive, Steven P. Jobs, has been cleared by the company of all allegations of wrongdoing after it was found that he recommended stock options be backdated to make them more valuable.
