CEOs from three moat-worthy firms are in the running for this year's award.
In a sector where manager skill is critical, Costco CEO Jim Sinegal has added tremendous value for his employees, customers, and shareholders.
Morningstar's Eric Jacobson discusses what should be on PIMCO investors' radars in the wake of news that Mohamed El-Erian is resigning as CEO and co-CIO.
These three exemplary managers have widened their firms' economic moats and created real value for shareholders over the years.
PNC Financial Services Group will promote William Demchak to be its next chief executive, awarding him a long-expected inheritance from current CEO James Rohr.
Richard Weil, chief executive officer at Janus Capital Group, had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.
Morgan Stanley gave Chairman and Chief Executive Officer James Gorman a compensation package for 2012 that's 30% less than his 2011 award, excluding a new incentive package, a person familiar with the decision said.
Genworth Financial Inc. said it is eliminating 400 jobs as Chief Executive Officer Thomas McInerney seeks to counter the pressure from low interest rates.
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