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...Mr Blankenship joined the company from General Electric in January 2018, taking over from David Hess who had served as interim chief following Klaus Kleinfeld’s abrupt exit....
...A few days later, Siemens’ chief executive Klaus Kleinfeld followed and for the first time in its history two outsiders took over the venerable company’s top jobs....
...Arconic on Monday named General Electric veteran Charles Blankenship its new chief executive, more than six months after the metals group announced Klaus Kleinfeld’s exit....
...Klaus Kleinfeld, who was ousted from the top job at Arconic at the start of the week, has resigned from the board of Morgan Stanley....
...Klaus Kleinfeld , the CEO of Arconic, was forced to step aside after news that he had sent an odd letter to Mr Singer in the midst of a 2017 proxy fight....
...Arconic on Monday announced that Klaus Kleinfeld has stepped down as chairman and chief executive of the company and has resigned as a board member even as it argued the decision was not made in response...
...Moreover, one of Elliott’s nominees will be added to the chief-executive search committee, as the company looks to replace Klaus Kleinfeld....
...Talking to students at Yale School of Management in 2012, Klaus Kleinfeld spoke about the importance of feeling free. “The moment you give that up, you give up a lot,” he said....
...This quality may not have been apparent to the likes of Klaus Kleinfeld, former boss of US metals group Arconic....
...Chip Blankenship, chief executive of GE’s appliances division and a veteran of its aerospace operations, has been named as the replacement for Klaus Kleinfeld, who left the company in April after a clash...
...It added: “For the past nine years, this board, in particular its legacy directors, have aided and abetted Klaus Kleinfeld in destroying enormous shareholder value.”...
...Its ultimate objective was to remove Arconic’s erstwhile chief executive, Klaus Kleinfeld, representing a new trend where bosses are a squarely targeted at the outset of an activist campaign....
...Last week, when the board of the US engineering group Arconic was battling to save its chief executive Klaus Kleinfeld, it circulated a series of testimonials from the company’s customers....
...Klaus-Christian Kleinfeld, former chairman and chief executive officer of Arconic and Alcoa, signed a contract with the Saudi crown prince on Tuesday to become CEO of the Neom project....
...The hottest boardroom battle of this AGM season took an abrupt and shocking turn on Monday as Klaus Kleinfeld, the embattled chief of Alcoa spin-off Arconic, quit his post....
...The fund had sought to oust chief executive Klaus Kleinfeld, arguing the company has underperformed other industrial groups under his tenure....
...Kleinfeld, the company’s chief executive....
...Even after Klaus Kleinfeld’s departure, activist investor Elliott Management is not backing down from its calls for change at Arconic....
...The board of Arconic has unanimously defended the company’s chief executive Klaus Kleinfeld against pressure from shareholders to oust him, saying he brings the “experience and execution” that the company...
...It is currently in a heated proxy fight hoping to dump Klaus Kleinfeld, chief executive of Arconic, the former Alcoa affiliate separated last November....
...Michael PolkInternational Paper CEO Mark Sutton Business leaders who have retired or moved on from the companies or organisations in question (4): Former Ford Motor Company CEO Mark FieldsFormer Arconic CEO Klaus...
...American Manufacturing president Scott Paul Business leaders who have retired or moved on from the companies or organisations in question (5): Former Ford Motor Company CEO Mark FieldsFormer Arconic CEO Klaus...
...He may be out of a job too, judging from Elliott Management’s attempt to oust Klaus Kleinfeld, chief executive of Arconic....
...Elliott Management, the activist investment group, has called for the removal of Klaus Kleinfeld as chief executive of Arconic, the specialist metals and components company created last year by the break-up...
...The string of victories includes claiming back more for holders of Argentine sovereign debt or pushing Klaus Kleinfeld out as chief executive of metals group Arconic....
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