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American Express Chief Executive Ken Chenault to Step Down

Kenneth I. Chenault, one of the longest-serving executives in finance and one of corporate America’s few black top leaders, will retire next year as the chairman and chief executive of American Express. Under Mr. Chenault’s leadership, American Express expanded beyond its core market of corporate customers and wealthy cardholders to ...

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Mary Jo White to Step Down as S.E.C. Chief

By BEN PROTESS and ALEXANDRA STEVENSON November 14, 2016 Wall Street regulators began an exodus from Washington on Monday as Mary Jo White, the chairwoman of the Securities and Exchange Commission, announced plans to leave the agency. The decision makes Ms. White, a former federal prosecutor who has served more than two decades in ...

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Valeant Chief Says It Made Mistakes on Aggressive Drug Pricing

By KATIE THOMAS April 27, 2016 WASHINGTON — The chief executive of Valeant Pharmaceuticals International, which has been harshly criticized for its practice of raising prices on old drugs, said during a tense hearing on Capitol Hill on Wednesday that the company had made “mistakes,” while lawmakers accused him and others connected ...

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