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  • Blue Cross of Louisiana selects new president, CEO

    November 13, 2015 5:24 PM

    BATON ROUGE - An executive with Independence Blue Cross in Philadelphia has been named as the new president and CEO for Blue Cross and Blue Shield of Louisiana. Multiple media outlets reported Friday that Dr. I. Steven Udvarhelyi, who has been with Independence Blue Cross for almost 20 years,... more »
  • VW CEO steps down amid scandal

    September 23, 2015 11:37 AM

    WOLFSBURG, Germany - Volkswagen CEO Martin Winterkorn says he is stepping down "in the interests of the company" as it grapples with the emissions scandal. Wintekorn said in a statement Wednesday that "Volkswagen needs a fresh start - also in terms of personnel. I am clearing the way for this... more »
  • CATS employees protest

    June 15, 2015 8:46 AM

    BATON ROUGE- Bus Drivers for the Capital Area Transit System are speaking out against their CEO. Dozens of drivers switched shifts in protests over the weekend. They say they're protesting against Bob Mirabito for a range of issues that include: not handling customer complaints, safety issues, and firing employees... more »
  • Bus system chief in line for 19 percent pay raise

    April 17, 2015 10:26 AM

    BATON ROUGE - The director of the Capital Area Transit System, Bob Mirabito, is in line for a 19 percent pay raise, which, if approved, would make him one of the highest-paid public officials working in East Baton Rouge Parish. Mirabito, who has been the CEO of transit system for... more »
  • Seattle CEO to cut his pay so every worker earns $70,000

    April 15, 2015 10:28 AM

    SEATTLE - For some companies, Seattle's new $15 minimum wage law isn't doing enough to help workers. The CEO of Gravity Payments, a Seattle-based company that processes credit-card payments, told his employees this week that he was taking a pay cut so they would earn a base wage of $70,000.... more »
  • Drivers to call for resignation of CATS CEO

    February 11, 2015 3:55 PM

    BATON ROUGE - Members of the Capital Area Transit System driver's union and a member of the EBR Metro Council announced Wednesday they will call for the resignation of CATS CEO Bob Mirabito. Councilwoman C. Denise Marcelle's office released the announcement, which said the formal call for Mirabito's resignation... more »
  • Apple CEO donating to gay rights campaign in South

    December 18, 2014 11:29 AM

    BIRMINGHAM, AL - Apple CEO Tim Cook is donating money to help fund a gay rights initiative in his native Alabama and two other Southern states. The Washington-based Human Rights Campaign announced the contribution Thursday. The amount isn't being disclosed, but the organization calls it "substantial." Human Rights Campaign spokesman... more »
  • Red Jacket CEO trying to escape Hayden's scandal check to see if lock exists for regeneration Play Video

    September 11, 2014 10:12 PM

    BATON ROUGE - The CEO of Red Jacket Firearms is working to fix the company's tarnished image after the face of the company was accused of molesting women. "Maybe I was being manipulated. Maybe what he was saying wasn't fully true. Maybe it wasn't true at all," Joe Meaux... more »
  • Vannoy takes over as LSU Alumni president

    August 27, 2014 3:57 PM

    BATON ROUGE - Cliff Vannoy, executive vice president and chief operating officer of the LSU Alumni Association, was named president and chief executive officer of the alumni organization last Friday. Vannoy served as interim CEO after previous alumni president Charlie Roberts resigned in the midst of a job-for-sex scandal... more »
  • Chicago PD: Man shoots CEO before killing self

    July 31, 2014 11:37 AM

    CHICAGO - Chicago police say a demoted worker shot and critically injured his company's CEO before fatally shooting himself at their office in a downtown high-rise office building. Police Superintendent Garry McCarthy says a worker at a technological company entered the 17th-floor office Thursday and met with his CEO before... more »
  • Rick Perry to take over as TAF president and CEO

    July 25, 2014 3:10 PM

    BATON ROUGE - Ronald Richard announced on Friday that he is stepping down as President and CEO of the Tiger Athletic Foundation and will be replaced by current Senior Vice-President Rick Perry. Richard will remain with the nonprofit organization that supports LSU athletics as president and CEO Emeritus. ... more »
  • NBA picks Dick Parsons as interim CEO of Clippers

    May 9, 2014 2:42 PM

    NEW YORK - The NBA has chosen Dick Parsons, a former Citigroup chairman and former Time Warner chairman and CEO, as interim CEO of the Los Angeles Clippers. Parsons will oversee the franchise while the league tries to force owner Donald Sterling to sell it following his lifetime ban for... more »
  • Obama to meet with health insurance CEOs

    November 15, 2013 9:19 AM

    WASHINGTON - President Barack Obama, trying to rescue his much-criticized health care program, is set to discuss strategy with health insurance CEOs. The White House meeting scheduled for Friday comes after Obama announced a substantial change to the law. The president said Thursday that insurance companies can offer... more »
  • CATS could seal the deal on CEO

    November 12, 2013 11:12 PM

    BATON ROUGE- The interim CEO could become a more permanent fixture of the bus company since a committee of the board is proposing hiring him full time. Bob Mirabito has been leading the bus system since the former CEO resigned amid scandal in May. Mirabito has been at... more »
  • Carnival management shakeup

    November 4, 2013 7:44 PM

    MIAMI- In an effort to rebuild after mishaps that drove customers away, Carnival shook up its management team. Its chief operating officer will now take on a new role as special adviser to the CEO and chairman. Carnival named a new CEO last summer. Carnival is struggling with... more »
  • CATS former CFO kept $12,000 of company cash for nearly a year check to see if lock exists for regeneration Play Video

    August 19, 2013 10:42 PM

    BATON ROUGE - Hours after Capital Area Transit System CFO, Gary Owens, resigned, it was revealed he kept thousands of dollars of cash in a safe for months and did not deposit the money. "I told him in July he must deposit that money," CATS CEO Bob Mirabito said. "It... more »
  • CATS CEO promises transparency after resignations

    July 26, 2013 12:47 PM

    BATON ROUGE - The CEO of Baton Rouge's embattled transit system said today he hopes things will move forward after the recent resignation of CATS board chair Isaiah Marshall. Marshall resigned last night amid concerns about thousands of dollars missing from the bus system and accusations another board member,... more »
  • New CEO named for state's insurer of last resort

    June 28, 2013 4:13 PM

    BATON ROUGE - The state's insurance commissioner has named a new chief executive to run Louisiana Citizens Property Insurance Corp., the state-run insurer of last resort. Commissioner Jim Donelon said Thursday he has named David Thomas to take the helm of the company. Thomas will replace Richard Robertson, who resigned... more »
  • New CATS CEO not an LSU fan check to see if lock exists for regeneration Play Video

    June 24, 2013 5:42 PM

    BATON ROUGE - Newly-appointed Capital Area Transit System CEO Bob Mirabito said he's ready to take on tough criticism, polarizing opinions and past-due deadlines. But he's not ready to fully root on the Tigers just yet. A Notre Dame alum and civil engineer with a Masters in Business... more »
  • Mirabito recommended for CATS interim director

    May 29, 2013 3:25 PM

    BATON ROUGE - A search committee recommended a former telecommunications vice president today to head the Capital Area Transit System in East Baton Rouge Parish. The committee chose Robert Mirabito after interviews with him and the runner-up for the position, John Conroy. The recommendation will go before the full... more »
  • CATS releases $15 million dollar improvement plan check to see if lock exists for regeneration Play Video

    March 6, 2013 6:34 PM

    BATON ROUGE- The Capital Area Transit System will make $15 million dollars in improvements over the next three years, according to CEO Brian Marshall. The office has drawn criticism for not making the changes fast enough. Marshall says improvements have to deliberate to avoid other problems. Marshall says... more »
  • CATS CEO to unveil transit revamp

    March 6, 2013 10:24 AM

    BATON ROUGE - The CEO for the Capital Area Transit System is set to reveal his plans to overhaul Baton Rouge's public transit system today. Brian Marshall will present the plans at the CATS board committee meeting Wednesday morning. It will include how he plans to spend the 10.6... more »
  • Holman retires as BR General president, CEO

    February 26, 2013 4:20 PM

    BATON ROUGE - The head of Baton Rouge General's hospital system, Bill Holman, announced today he's retiring from the network. Holman, 66, spent 48 years in the health care industry, including more than 12 with General Health System. During that time the system received numerous awards and recognitions, and... more »
  • Lockheed Martin ousts CEO-to-be over relationship

    November 9, 2012 4:14 PM

    BETHESDA, Md. - Lockheed Martin has ousted its president and anticipated CEO over a relationship with a subordinate. The company said Friday that its board of directors asked for and received the resignation of Christopher Kubasik from his role as vice chairman, president and chief operating officer. The 51-year old... more »
  • Kennedy opposes $50,000 pay raise for Citizens CEO

    November 9, 2012 11:44 AM

    BATON ROUGE - Treasurer John Kennedy is urging rejection of a proposed $50,000 pay raise for the top executive of Louisiana's state-run property insurance company. Kennedy said Friday that he's hoping Insurance Commissioner Jim Donelon will refuse to sign off on the raise for Richard Robertson, CEO of the Louisiana... more »
  • Group of major CEOs urges tax hikes, spending cuts

    October 25, 2012 1:55 PM

    WASHINGTON - CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. With a sea of red ink confronting the nation, the deficit and how to tame it has become a looming theme in the presidential campaign. The... more »
  • CATS CEO fires back about broken promises check to see if lock exists for regeneration Play Video

    October 17, 2012 4:24 PM

    BATON ROUGE- The head of the Capital Area Transit System is firing back tonight about promises that were allegedly broken after voters approved a tax to keep the bus system running this year. Some of the promises included adding extra routes and express service to populated areas if the... more »
  • AP study finds typical CEO made $9.6M last year

    May 25, 2012 7:40 AM

    NEW YORK - Profits at big U.S. companies broke records last year, and so did pay for CEOs. An analysis by The Associated Press finds that the head of a typical public company made $9.6 million in 2011. That was up more than 6 percent from the previous year and... more »
  • Albemarle CEO: Company will exceed $5B in revenue

    May 23, 2012 11:15 AM

    BATON ROUGE- Albemarle Corp.'s chief executive officer says the Baton Rouge-based specialty chemicals maker is well on its way to reaching its 2015 goal of more than $5 billion in revenue and earnings of more than $9 per share. The Advocate reports CEO Luke Kissam said Tuesday Albemarle set those... more »
  • Advance Baton Rouge CEO resigns

    June 8, 2011 5:27 AM

    BATON ROUGE- The Chief Executive Officer of Advance Baton Rouge, Henry "Hank" Shepard, has resigned. Spokesman Matthew Broussard of the organization, described Shepard's resignation as a mutual agreement between Shepard and board members regarding the future direction of the organization, but gave no further details. English told The... more »
  • Exxon CEO says oil prices not yet hurting economy

    March 9, 2011 12:57 PM

    NEW YORK - The CEO of Exxon says he doesn't think the recent jump in oil prices is hurting the U.S. economy just yet. But it's getting close. Rex Tillerson, speaking to reporters Wednesday at the New York Stock Exchange, says that in 2008, when oil hit $147... more »
  • Former CATS CEO reacts to transit system dilemma

    January 27, 2011 6:24 PM

    BATON ROUGE- No magic bullet has emerged in the effort to save the Baton Rouge transit system, as time ticks toward its end in nine months. CATS is short more than $1 million to operate in 2011. It wanted to cut routes, including weekend service, and raise rates to make... more »

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