Sentences with phrase «retiring older executives»

While some corporations have been eliminating middle management through mergers and acquisitions by similar companies, other firms have been buying out / retiring older executives and replacing them with college grad whiz kids for half the salary.

Not exact matches

Carlsberg Chief Executive Jørgen Buhl Rasmussen will retire this year and be succeeded by a Dutch executive who will be the first non-Dane to steer the 168 - year - old beer Executive Jørgen Buhl Rasmussen will retire this year and be succeeded by a Dutch executive who will be the first non-Dane to steer the 168 - year - old beer executive who will be the first non-Dane to steer the 168 - year - old beer producer.

The members of the old board that will remain on the new governing board are Ms. Holmes; the company's chief operating officer, Sunny Balwani; the construction executive Riley P. Bechtel; and James N. Mattis, a retired Marine Corps general.

If all goes according to plan, Fields is expected to take over from Mulally in 2014, when the 67 - year - old chief executive credited with engineering the company's successful turnaround is likely to retire.

However Roger Alton, a former editor of the Observer and the Independent, who recently retired as executive editor of the Times, accused critics of the news of «fighting interminable old battles» and argued the phone hacking scandal was «in the past».

Al is a retired 77 year - old executive who loves to hike and is an avid photographer, as well as a skillfull potter and woodworker.

His father, John B. King Sr., was a 66 - year - old retired public school teacher and administrator, who had been the first African - American principal in Brooklyn and later, the city's executive deputy superintendent of schools.

Duke Castle, retired Hewlett - Packard Executive and Board member of the Lake Oswego Sustainability Network, shared that «what got me was waking up in the middle of the night thinking our Prius (original off the first boat) was 16 years old, and would probably be 19 by the time our place in the queue would come up.

The market is bolstered by the fact that employers are always phasing out old jobs and considering new ones, as well as replacing executives who have retired.

«You should have seen the number of older people on the cruise,» says Weintraub, who retired from work as a nonprofit executive in 1979.