A key for leadership in crises is recognizing that the rank and file will be more likely to violate compliance mandates and managerial policy.
Santamassimo will replace Thomas Gibbons as part of new CEO Charlie Scharf's "bid to put his stamp on the custody bank.”
Lee Sang-hoon will fill the board position amid a management reshuffle intended to ease investor concerns after a bribery scandal at Samsung.
No cause was given for the firing of Maureen O'Connell. Except that it wasn't due to Scholastic's financial results.
The company sought higher pay from the U.S. Bankruptcy Court for the acting finance chief and his boss.
If confirmed, Joseph Simons "will immediately jump into some contentious issues," including calls for greater scrutiny of big internet companies.
The GE veteran says he and new CEO John Flannery concluded that "this is the right time to bring in a new CFO with a fresh perspective."
Former Sprint CFO Joseph Enteneuer joins the toymaker as it attempts a turnaround after struggling "to keep pace in the digital arena."