YOU ARE HERE: LAT HomeCollectionsSuccession


February 3, 2011 | By Nathan Olivarez-Giles, Los Angeles Times
A shareholder proposal to force tech giant Apple Inc. to publicly release a succession plan for ailing Chief Executive Steve Jobs has gotten the backing of Institutional Shareholder Services, a firm considered to be one of the most influential investor advisors. The shareholder proposal was submitted in August by the Central Laborers' Pension Fund, which owns Apple shares. Jobs, who co-founded the company and is considered key to its enormous success, has had a series of health problems and underwent a liver transplant in 2009.
April 26, 2014 | By Bill Shaikin
You're the mayor. A guy walks into City Hall and offers to spend half a billion bucks to revitalize property owned by the city, at no cost to the city. What do you say? If you're Anaheim Mayor Tom Tait, you call it a taxpayer giveaway. This is not a knock at Tait. This is a tip of the cap toward a mayor who has been so incredibly successful in framing the debate surrounding the Angels' stadium lease negotiations that the process has ground to a dead halt. It has been six months since the Anaheim City Council voted to approve the framework of a deal designed to keep the Angels in town for the long term, and to determine how to cover the estimated $150 million needed to keep Angel Stadium up and running for the long term.
April 10, 1998 | DARYL STRICKLAND
In order to preserve more family-owned firms, Steven Rabago has launched a new division that helps multi-generational companies grapple with issues such as succession plans. Rabago, the founder of National Corporate Finance, a Newport Beach investment banking firm, opened Next Generation Leaders, which helps family-owned concerns figure out how to keep the business in the family. Succession planning is thorny, with most family-owned firms falling apart by the third generation.
April 25, 2014 | S. Irene Virbila
The drive through the Spanish Basque country to the acclaimed grill restaurant Asador Etxebarri swings through hillsides clad in infinite shades of green, up a narrow road to the village of Axpe and its minuscule square framed by a church, a school - and Etxebarri's stone-and-timber building. Kids chase balls. Old ladies share a bench. And on the far side, muscular bicyclists catch their breath after the ride up the mountain. For Americans, grilling is practically synonymous with char.
October 13, 2009 | Jeffrey Fleishman
They are a desert king and a military officer-turned-president. Drive through their capitals and their images glow from billboards and painted walls, old men with their eyes fixed everywhere, even as whispers grow about who will rise to replace them. King Abdullah of Saudi Arabia and Egyptian President Hosni Mubarak are in their 80s, durable U.S. allies whose governments have crushed political dissent at home while playing leading roles across the Middle East. But these days, talk of succession reverberates as Washington, as well as Riyadh and Cairo, plans to navigate an era without two of the region's dominant personalities.
September 23, 2010 | By Claudia Eller, Los Angeles Times
Time Warner Inc. Chief Executive Jeff Bewkes, readying a management succession plan at Warner Bros., has asked studio Chairman and Chief Executive Barry Meyer to remain on board for an additional two years and named three top executives to a newly formed Office of the President. Under the realignment, studio President and Chief Operating Officer Alan Horn, who has been in his job 11 years, will step down in April — eight months earlier than planned — and become a consultant until Meyer retires in December 2013.
September 3, 2010 | By Claudia Eller, Los Angeles Times
Time Warner Inc. Chief Executive Jeff Bewkes, who is finalizing a management succession plan at the media giant's Warner Bros. film studio, said Friday that his decision would involve the input of the studio's chairman and CEO, Barry Meyer, and its president and chief operating officer, Alan Horn. "This has been a very successful management team, and how we approach succession is a three-way decision between Barry, Alan and me," Bewkes said in a phone interview. "Under Barry and Alan's leadership, there's been a fantastic level of performance for a decade in theatrical movies, TV series and home video, so naturally their views on how we execute the business going forward for the next generation is very important.
October 28, 2011 | By Henry Chu, Los Angeles Times
Good news for the daughter of Britain's Prince William and Catherine Middleton (if they have one): One day she can be queen. Leaders of the 16 countries that recognize the British monarch as head of state have agreed that a firstborn daughter ought to be able to ascend the throne even if she has younger brothers. The proposed change to the rule of royal succession that has prevailed for centuries will now make its way through the legal process of all the countries ruled by Queen Elizabeth II, among them Australia, Canada and a number of small island nations (Britain included)
November 24, 1999 | Bloomberg News
Franklin Resources Inc., the biggest publicly traded money manager by market value, Tuesday promoted four executives to a new office of the president, paving the way for succession at the family-run firm. Among those promoted were two sons of Chairman Charles B. Johnson, 66. Chuck Johnson, 43, is president of Templeton Worldwide Inc. and Greg Johnson, 38, is president of Franklin Templeton Distributors Inc. The others were Martin Flanagan, 39, chief financial officer, and Allen J.
February 10, 2006 | From Times Wire Reports
Prime Minister Junichiro Koizumi is suspending plans to submit legislation to revise Japan's imperial succession law to allow a woman on the throne, Kyodo News agency reported. The decision followed the Imperial Household Agency's announcement this week that Princess Kiko is pregnant, Kyodo said, quoting an unidentified government source. Koizumi had been pushing to revise the male-only succession law because of the royal family's lack of male heirs.
April 21, 2014
Kevin Sharp Country singer scored a handful of hits after overcoming cancer Kevin Sharp , 43, a Northern California-reared country singer whose gentle tenor voice helped him score a handful of country hits in the late 1990s after winning a battle with cancer as a teenager, died Saturday at his mother's home in Fair Oaks, a Sacramento suburb. It wasn't the cancer that took his life but complications from a digestive system illness he developed in recent years and for which he underwent surgery about five years ago, his sister, Mary Huston, said.
April 15, 2014 | By Salvador Rodriguez
With the Galaxy S5, Samsung proves that less can be more. A year ago, Samsung tried to blow away consumers -- along with its chief rival, the Apple iPhone -- by packing seemingly every feature known to man into one device. The Galaxy S4 was a success, but consumers struggled to grasp the full capabilities of the device. To improve user experience, Samsung has gone the opposite way with the GS5. It consolidated many features into more understandable groups and eliminated other features altogether.
April 12, 2014 | By Chris Lee
Randall Wallace didn't expect a rock-star reception when he went on the road to promote his faith-based drama "Heaven Is for Real" ahead of its Easter-weekend release. Yet at the First Assembly of God Church in Phoenix, 9,000 congregants greeted the filmmaker with a standing ovation. A few days later, 11,000 boisterous students packed a convocation in the sports arena at Liberty University, a Christian college in Lynchburg, Va., where Wallace, best known for writing the 1995 battle biopic "Braveheart" and directing the equestrian drama "Secretariat," spoke about "Heaven Is for Real.
April 12, 2014 | By Amy Kaufman
"How you doin', baby?" Marlon Wayans said, leaning down to kiss a doll on the lips. The toy, a prop from Wayans' latest movie, "A Haunted House 2," was propped up in a chair across the table from the actor at a stuffy Beverly Hills restaurant. The doll, named Abigail, was meant to resemble a creepy figurine from 2013's "The Conjuring": Both shared the same dead green eyes, sooty peasant dress and pigtail braids. Wayans, 41, has long been known for his outrageous comic taste. He dressed as a Caucasian female FBI agent in "White Chicks" and has been poking fun at the horror genre for years, launching the hit "Scary Movie" parody franchise in 2000.
April 11, 2014 | By Ryan Faughnder
Preaching to the choir may not impress movie critics, but it seems to work at the box office, if the success of the micro-budget Christian movie "God's Not Dead" is any indication. The indie film about a college student who debates his atheist professor about the existence of God has grossed about $35 million in ticket sales so far, making it one of the biggest surprises of the year, with little sign of stopping as it enters its fourth weekend in theaters.  In a landscape dominated by dystopian teen sci-fi and Marvel superheroes, that may not seem like a lot of money, but in terms of religious films, it's big -- especially considering "God's Not Dead" cost less than $3 million to make.
April 10, 2014 | By Teddy Greenstein and Dan Wiederer
AUGUSTA, Ga. - Craig and Kevin Stadler ("Walrus" and "Smallrus") became the first father-son combo to play in the same Masters, but perhaps they're not the first family of this week's festivities. Check out the Haas household. Bill Haas overcome a first-hole bogey Thursday to shoot a four-under-par 68, good for the first-round lead. Father Jay Haas played in 22 Masters, making 19 cuts. Uncle Jerry Haas participated in 1985. An uncle from his mother's side, Dillard Pruitt, teed it up here in 1992 and '93. Oh, and great-uncle Bob Goalby won the 1968 event, avoiding a playoff after Argentina's Roberto De Vicenzo signed for the wrong Sunday score.
April 8, 1986 | JOHN M. BRODER, Times Staff Writer
David G. Schmidt's career at Ducommun Inc. came to an abrupt end Feb. 26, when he resigned the company presidency after just 363 days in the job. The public explanation was that Schmidt left because of differences in business philosophy with his boss, Wallace W. Booth, Ducommun's autocratic chairman and chief executive. The dispute, however, was deeper and far more personal than that. The issue was who would succeed Booth as chairman--and when.
In contrast to most of its Arab neighbors, Jordan was one country where it had been clear for years who would take over when the current ruler departs. That, in turn, had given Jordan rare stability in a volatile region and made the desert kingdom a trustworthy ally for Washington. King Hussein changed all that this week with a few choice words that have shaken the status quo to the core and stunned both Jordanians and their foreign friends. Upon his return home after six months of cancer treatment in the United States--and with questions lingering about his health--Hussein indicated that his brother, Hassan, who has been the designated heir to the throne for the last 34 years, will be replaced by one of the king's own sons.
April 10, 2014 | By Chris Foster
UCLA receiver Kenneth Walker cut across the field, leaving cornerback Adarius Pickett in his wake Thursday. He snagged a pass and cruised into the end zone. This was good medicine. Walker was concerned at times last fall, worrying about his future. He spent the season on the sideline after back surgery in June. “For a while, I was depressed,” he said. “I thought I was going to get lost in the shuffle. We only had one receiver leave. Everyone else was back and played.
April 10, 2014 | By Patrick Kevin Day
Stephen Colbert will replace David Letterman on CBS late night sometime in 2015. The news was met with cheers by many, jeers by a few, but most important, it apparently has the blessing of Dave himself. In a statement released Thursday morning, shortly after the network confirmed Colbert's appointment, Letterman said: "Stephen has always been a real friend to me. I'm very excited for him, and I'm flattered that CBS chose him.  I also happen to know they wanted another guy with glasses.
Los Angeles Times Articles