CEOs

When the AFL-CIO, America’s largest federation of labor unions, recently released its annual Executive PayWatch report, it strived for sensationalism.

Canadian CEOs hold a more positive outlook of their company’s prospects and the economy compared to their global peers.

“It’s wonderful—the colours, amazing acrobatics, the physical talent. I love the flipping and the high-jumping.”

Yahoo! Inc. announced on Monday that it has appointed Google Inc.’s Marissa Mayer as president and Chief Executive Officer of the multinational Internet corporation, making her the fifth CEO of the struggling tech giant in five years. Mayer began her new role on Tuesday.

IndyCar CEO Randy Bernard announced major changes in IndyCar administration, which will take effect on Jan. 1, 2012.

Tony Tyler, Chief Executive of Cathay Pacific Airways Ltd., will resign and become IATA’s newly appointed director general and chief executive.

LG Electronics Chief Executive Officer Nam Yong has resigned, taking responsibility for the company’s poor performance.

Troubled lender CIT Group—which emerged from bankruptcy in December—named former Merrill Lynch executive John Thain as the company’s new CEO on Monday.

Embattled insurance company American International Group Inc (AIG) announced that its current CEO Edward “Ed” Libby has offered to step down as soon as the company board finds someone to replace him in his role.

Bong-Gyu Park, founder and director of Korea CEO Summit and also president of the 2080 CEO Forum, attended DPA in Seoul

Yahoo announced a fourth-quarter loss of $303 million, or 22 cents a share, its first decline in sales since 2001.

Steve Jobs, founder and CEO of Apple Inc. said on Monday that his weight loss in recent months has been due to a hormone imbalance.