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Fiat
names new chairman
Turin: Thee Agnelli, family has named Luca di Montezemolo
to head the company after the death of Umberto Agnelli.
Chief
executive Giuseppe Morchio, generally respected by investors
for his plan to pull Fiat out of its worst crisis, said
in a statement that he would leave the company immediately
in protest at the board changes.
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Bank
of Ireland chief resign
Dublin: The chief executive of Bank of Ireland,
Michael Soden, resigned after admitting looking at Internet
websites containing 'adult material' on his personal computer.
"I
wish to announce that I have tendered my resignation as
group chief executive at Bank of Ireland with immediate
effect," said Soden in a personal statement released
by the company.
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