FREE TRIAL

Get a FREE trial of The Wall Street Transcript and the Liberum Management Change Database.

Name

Company

Phone

E-mail
You are?


TWST Newsletter

Give us your email address and receive the TWST Newsletter.


Search TWST Online

Search by ticker:
or Sector:
Search by keyword:

Recommended Reading – Two New Chief Executives With Resumes for a Quick Sale

Kevin Dobbs wrote an incisive piece for the American Banker that focused on newly hired bank CEOs (Alan Fishman for WAMU and Charles Rhinehart for Downey Financial) and what they typically need to bring to the table.  According to Dobbs,

Deep into a pulverizing credit cycle with no clear turning point, newly minted chief executives at banking and thrift companies are increasingly garnering more attention for past experience selling companies—experience that many expect them to have to draw upon soon.Against a backdrop of mounting investor discontent, analysts said, swift action to salvage shareholder value is the task at hand.

Dobbs does not bring anything new to the table but he does offer a good overview.

This entry was posted on Thursday, September 25th, 2008 at 11:46 am and is filed under Liberum Management Change. You can follow any responses to this entry through the RSS 2.0 feed.