LSI Industries (LYTS) Names COO Dennis Wells as CEO Oct 22, 2014 12:42PM

LSI Industries (NASDAQ: LYTS) announced that Dennis W. Wells has been promoted from Chief Operating Officer (COO) to Chief Executive Officer (CEO). As previously contemplated, and consistent with the Company's management succession plan, Robert J. Ready no longer holds the title of Executive Chairman, but will remain as Chairman of the Board of Directors. The Company expects to release its results for the first quarter ended September 30th on November 10, 2014.


Clicksoftware Technologies Ltd (CKSW) Promotes Joel Jeselsohn to CFO Oct 22, 2014 08:38AM

Clicksoftware Technologies Ltd (NASDAQ: CKSW) announced that Mr. Joel Jeselsohn has been appointed Chief Financial Officer of the Company, effective November 1st, 2014. He will be succeeding Mr. Shmuel Arvatz, who is departing the Company. Mr. Jeselsohn, previously the Company's Vice President Finance and Operations of the Americas, has been with the Company since 2003 and has served in various financial and business roles.


Total S.A. (TOT) Names Patrick Pouyanné as CEO; Thierry Desmarest as Chairman Oct 22, 2014 07:23AM

Total's (NYSE: TOT) Board of Directors met today and paid homage to Chairman and CEO Christophe de Margerie, who died tragically in an airplane accident in Moscow on the night of October 20-21, 2014.
After joining the Group in 1974, Christophe de Margerie was appointed to the Executive Committee in 1999, then named CEO of Total on February 14, 2007, and Chairman and CEO on May 21, 2010. He dedicated his brilliant career to the development of the Group, enabling its glowing success in the oil and gas sector and more recently in solar energy. The exceptional human and professional qualities that Christophe de Margerie exhibited during his time at Total were largely responsible for the success of the Group.

Following the recommendations of the Governance & Ethics Committee which met today, the Board of Directors made two unanimous decisions:

It named Thierry Desmarest Chairman of the Board of Directors. Mr. Desmarest is currently a member of the Board and Honorary Chairman of the Board. It named Patrick Pouyanné Chief Executive Officer and President of the Executive Committee. Until today, he was President of Refining & Chemicals and a member of the Executive Committee. After holding several important executive positions in the Upstream segment in France and internationally over the past fourteen years, Patrick Pouyanné successfully managed the transformation of the Refining & Chemicals segment.

Thierry Desmarest’s role as Chairman of the Board of Directors will conclude at the end of 2015 in accordance with the age limits stipulated in the Group’s bylaws. The positions of Chairman of the Board of Directors and Chief Executive Officer will then be recombined.

Following the designation by the Central Works Council of a Board member to represent employee shareholders, which is scheduled for November 4, 2014, the Group’s Board of Directors will consist of fourteen members, including one employee shareholder representative.

Michel Labelle

About Thierry Desmarest

A graduate of the École Polytechnique and an Engineer of the French Corps des Mines, Mr. Desmarest served as Director of Mines and Geology in New Caledonia, then as technical advisor at the Offices of the Minister of Industry and the Minister of Economy. He joined TOTAL in 1981, where he held various management positions, then served as President of Exploration & Production until 1995. He served as Chairman and Chief Executive Officer of Total from May 1995 until February 2007, and then as Chairman of the Board of Total until May 21, 2010. He was appointed Honorary Chairman and remains a director of Total and Chairman of the Total Foundation.

Director of TOTAL S.A. since 1995.
Last renewal: May 17, 2013 until 2016.
Chairman of the Governance & Ethics Committee, member of the
Compensation Committee and the Strategic Committee.

The Honorary Chairman performs representation missions of the Group at a high level in accordance with the decision of the Board of Directors on May 21, 2010.

About Patrick Pouyanné

A graduate of École Polytechnique and an Engineer of the French Corps des Mines. From 1989 to 1996, he held various positions in the French Industry Ministry and in ministerial offices, including Environment and Industry Technical Advisor to the Prime Minister from 1993 to 1995 and Chief of Staff to the Information Technology and Space Minister from 1995 to 1996. He joined Total in January 1997, as Chief Administrative Officer of Total E&P Angola and became Group Representative in Qatar and CEO of Total E&P Qatar in 1999.

In August 2002, he was named Senior Vice President, Finance, Economics and Information Systems in Exploration & Production. In January 2006, he became Senior Vice President, Strategy, Business Development and R&D in Exploration & Production. Patrick Pouyanné has been a member of Total’s Management Committee since May 2006.

In March 2011, he was appointed Senior Vice President, Chemicals and Senior Vice President, Petrochemicals. In January 2012, Patrick Pouyanné was appointed President, Refining & Chemicals and member of the Executive Committee.


Patrick Pouyanne said to be named next Total S.A. (TOT) CEO - Bloomberg Oct 22, 2014 06:39AM

Patrick Pouyanne said to be named next Total S.A. (NYSE: TOT) CEO, according to Bloomberg.


Celestica, Inc. (CLS) Tops Q3 EPS by 2c; CEO Muhlhauser Plans Retirement Oct 21, 2014 04:13PM

Celestica, Inc. (NYSE: CLS) reported Q3 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.46 billion.

The company also announced that its President and Chief Executive Officer, Craig Muhlhauser, has informed the Board of Directors of his intent to retire as an officer and director of the company by the end of 2015, beginning an orderly leadership transition over the next twelve months.

The Board of Directors has formed a committee and engaged Spencer Stuart to support a comprehensive search process to identify the next CEO, considering both external and internal candidates.

For earnings history and earnings-related data on Celestica, Inc. (CLS) click here.


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