Merger prompts US West CEO to call it quits

Article Abstract:

U S WEST Inc's $35-billion union with Qwest Communications will result in the retirement of U S WEST CEO Solomon Trujillo. Trujillo, who admits to having a different view on structure and organization with Qwest CEO Joseph Nacchio, is expected to walk away with $210 million of his company's stocks. The latest development comes after the failure of an earlier power sharing scheme that also involved the combined company's chairman Philip Anschutz.

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ABC entertainment chief Tarses leaves network following merger

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ABC Entertainment President Jamie Tarses quit following the Jul 1999 merger of parent Walt Disney Co's TV studio with ABC's programming arm. Her resignation also came amid reports that she would be replaced. Before joining ABC in 1996, Tarses was a senior vice president at NBC where she was responsible for hit programs such as Frasier and Friends. She was credited for the success of such ABC programs as The Practice and Dharma and Greg.

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CFO stepping down at J.P. Morgan

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Peter Hancock has decided to leave his post as chief financial officer of JP Morgan and Company Inc to be able to pursue entrepreneurial opportunities. Hancock, who had been with the company for 20 years, made the announcement of his resignation at a time that the investment bank is facing takeover rumors. He will be replaced by Tom Ketchum, who will also remain chief administrative officer.

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