As another corporate big cheese joins the ranks of the deposed, several remain in place whose resignations would better serve investors than their continued interference
The club of Deposed Big Corporate Cheeses is growing. Lukas Muehlemann, formerly the boss of Credit Suisse, is the latest and one of the least surprising additions to its rolls. After making two disastrous acquisitions, from which his company may well never recover, Muehlemann's elevation to the club was long expected. At the bar, he can mingle with the likes of Michel Bon of France Telecom, Dr Ron Sommer of Deutsche Telekom and Jean-Marie Messier of Vivendi Universal, among the many other birds who have been tipped from their lucrative perches. The big surprise of the past few months i...
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