Ralph V. Whitworth

Ralph Whitworth and David Batchelder's Relational Investors LLC released their new 13F filing for the quarter ended September 30, 2008. Below is a summary:

New Stakes:
Schering-Plough Corp. (NYSE: SGP) 5,118,000 shares

Ralph Whitworth and David Batchelder's Relational Investors LLC showed, in an amended 13F ...

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Sprint (NYSE: S) today announced the appointment of Sven-Christer Nilsson to the company's Board of Directors. Nilsson is involved in the development of small companies as an advisor and board member. He held various leadership positions with The Ericcson Group, one of the world's leading telecommunications equipment companies, from 1982 through 1999, including president and CEO from 1998 to 1999. Sprint also announced the resignation of Ralph V. Whitworth from the board. "Sven-Christer has more than 30 years of experience in the IT and telecommunications industries and will be a strong addition to our board," said James Hance, chairman ...

MADRID, Spain and PHILADELPHIA, Oct. 13 /PRNewswire-FirstCall/ -- Banco Santander, S.A. (NYSE: STD) and Sovereign Bancorp Inc., ("Sovereign") (NYSE: SOV), parent company of Sovereign Bank ("Bank"), announced today that Banco Santander will acquire Sovereign in a stock-for-stock transaction. Santander currently owns 24.35% of Sovereign's ordinary outstanding shares. The Capital and Finance Committee composed of independent directors of Sovereign requested that Santander consider acquiring the 75.65% of the Company it did not currently own. The Capital and Finance Committee evaluated the transaction and recommended the transaction to the full Board. Under the terms of the definitive transaction agreement, which was approved by the Executive Committee of Santander and unanimously approved by the non-Santander directors of Sovereign, Sovereign shareholders will receive 0.2924 Banco Santander American Depository Shares (ADSs) for every 1 share of Sovereign common stock they own (or 1 Banco Santander ADS for 3.42 Sovereign shares). Based on the closing stock price for Santander ADSs ...

Sovereign Bancorp Inc., (NYSE: SOV) has named Paul A. Perrault President and Chief Executive Officer, effective January 3, 2009. As part of the management change, Kirk W. Walters, Sovereign's Executive Vice President and ...