Category: Lynch
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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CVS to replace CEO Karen Lynch with long-time exec David Joyner
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CVS Health (CVS) on Friday named company veteran David Joyner as its new CEO, succeeding Karen Lynch, who resigned as head of the struggling healthcare giant after an agreement with the board. The company’s shares fell 11% to $57 in pre-market trading. Joyner, who is CVS Caremark’s chief pharmacy benefits…
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Captain of sunken Lynch family yacht put under investigation By Reuters
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ROME (Reuters) – Italian prosecutors have placed under investigation the captain of a luxury yacht that sank off Sicily last week in a storm, killing British technology mogul Mike Lynch and six other people, a judicial source said on Monday. The source said that James Cutfield, a 51-year-old New Zealand…
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Tech tycoon Mike Lynch missing after yacht sinks off Sicily, weeks after £8bn fraud acquittal
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Mike Lynch, the British technology entrepreneur who was recently acquitted in a massive £8 billion fraud case, has disappeared after his yacht sank off the coast of Sicily. The incident comes just weeks after Lynch’s stunning legal victory, which saw him acquitted of fraud charges in a US court after…
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David Davis Criticises Extradition Treaty Following Mike Lynch Acquittal
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Sir David Davis, former leader of the Conservative Party, has strongly criticized Britain’s extradition treaty with the United States following the acquittal of British technology entrepreneur Mike Lynch. Lynch was acquitted of charges related to inflating the value of his company, Autonomy, in its sale to Hewlett-Packard (HP). Davis stated…
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Mike Lynch Acquitted of All Fraud Charges in Hewlett-Packard Case
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British businessman Mike Lynch was acquitted Thursday of all 15 fraud charges in connection with the $11.1 billion sale of his company Autonomy to Hewlett-Packard in 2011. The trial, which began in March in San Francisco, follows a long extradition battle from England to the United States, where Lynch first…
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Mike Lynch Acquitted of All Fraud Charges in Hewlett-Packard Case
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British businessman Mike Lynch was acquitted Thursday of all 15 fraud charges in connection with the $11.1 billion sale of his company Autonomy to Hewlett-Packard in 2011. The trial, which began in March in San Francisco, follows a long extradition battle from England to the United States, where Lynch first…