Royal Bank of Scotland CEO Stephen Hester to stand down
Stephen Hester: "I'm content with the board's perspective on this, there is no fight"
Stephen Hester is to step down as chief executive of Royal Bank of Scotland in December after five years in the role.
Mr Hester will receive 12 months' pay and benefits worth £1.6m and the potential for £4m in shares.
The search for his successor at the helm of the part-privatised bank will start immediately.
In a statement RBS said an "orderly succession" would allow the new CEO to oversee the re-privatisation of the bank, and lead it "in the years that follow".
It said Mr Hester "was unable to make that open-ended commitment".
Continue Reading at ....... http://www.bbc.co.uk/news/business-22881526
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Michael Morell Retires As CIA Deputy Director
Michael Morell, Deputy Director of the Central Intelligence Agency, has retired, the AP reports.Director John O. Brennan said Morell will be replaced by White House lawyer and agency outsider Avril D. Haines, according to the Washington Post.
President Barack Obama announced Morell's appointment to the President's Intelligence Advisory Board on Wednesday.
In a statement on Morell's retirement, Brennan said "Michael’s devotion to the men and women of the Agency, our intelligence mission, and to a job well done has been exemplary."
"As much as I would selfishly like to keep Michael right where he is for as long as possible, he has decided to retire to spend more time with his family and to pursue other professional opportunities. In many respects, Michael has come to personify the strengths and qualities of this great organization, and it is difficult for me to imagine CIA without Michael’s exceptionally sharp mind, tremendous energy, and absolute dedication to mission. But I am comforted by the fact that Michael will be able to spend more time with his wonderful family."
Continue Reading at ...... http://www.huffingtonpost.com/2013/06/12/michael-morell-resigns_n_3430155.html
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Boston FBI head, key figure in bomb probe, steps down
BOSTON (AP) — The head of the FBI's Boston office, one of the main
law enforcement figures during the Boston Marathon bombing
investigation, announced Tuesday that he's stepping down to take a
private-sector job.
Richard DesLauriers, who's been special agent in charge of the office since July 2010, said he will leave next month after more than 26 years with the FBI. He said he has accepted a position as vice president of corporate security with Penske Corp., a transportation services company, in Bloomfield Hills, Mich.
In an interview Tuesday, DesLauriers said he is most proud of his role in the apprehension of reputed mobster and longtime fugitive James "Whitey" Bulger; the arrests of two Boston-area Russian sleeper agents; the arrests and convictions of a man charged with conspiring to help al-Qaida and a man accused in a plot to fly remote-controlled model planes packed with explosives into the Pentagon and the U.S. Capitol; and the investigation into the deadly Boston Marathon bombing.
Continue Reading at ....... http://www.usatoday.com/story/news/nation/2013/06/11/boston-fbi-head-steps-down/2413537/
