Smart Promotion Strategies By Carrie Smoot

Most people want to advance in their careers as much as possible. But many of us are unsure of how to achieve a higher-level opportunity. Would earning an advanced degree help? Which professional direction interests me the most? What else will I need to learn? Would I even feel comfortable in a new role? How is this going to affect my …


Business Basics Should You Take That Buyout? By Tara Weiss

Been offered a voluntary buyout and you’re wondering whether to take it?

If you’re within five years of retirement: absolutely. If you’ve been recently passed over for a promotion: probably…

…The time before you accept (or reject) a buyout is when you have the most power. Buyouts are generally negotiable. …


State Of The U.S. Auto Industry By Amanda Earing, News Editor

As U.S. automakers announce plant closings, layoffs and product realignments, questions are have surfaced about the Detroit Three’s impact on the U.S. manufacturing industry and, sadly, the future of auto plant employees and executives.

Rich Folts, a partner at executive search firm Battalia Winston who specializes …


Eastern Europe – The Next Big Thing? By Amy Radishofski, Features Editor

First manufacturers moved their operations to China. Lower wages and government incentives helped China become a key destination for manufacturing. With a large labor pool, it served as the low cost option.

However, after the manufacturing boom, the country’s raw materials and labor costs have gone …


Battalia Winston Expands New York Office

Executive search firm Battalia Winston has added Nancy Schlenger as a vice president in its New York office. Ms. Schlenger offers expertise in recruiting C-suite, general counsel, chief marketing and business development executives, as well as diversity and inclusion directors for not-for-profit organizations and AmLaw 100 law firms. Ms. Schlenger …


Lehman to Pay Employees More in Stock By Jennifer Ablan and Dan Wilchins

Lehman Brothers Holdings Inc (nyse: LEH – news – people ) is paying employees more stock and less cash this year, a company memo said Wednesday, as the money-losing bank looks to hold onto employees and rein in spending.

The bank granted employees a special equity award July 1, which signaled to …


Wall St whacks another powerful female By Svea Herbst-Bayliss

BOSTON (Reuters) – Lehman Brothers’ ousting of its female CFO, who had been the most powerful woman on Wall Street, exacerbated concerns about why so few women survive in the financial world’s executive suites.

Erin Callan, once considered a contender for Lehman’s CEO job, is neither the first nor the last …


The Lowdown on the Lehman Shuffle

The beleaguered investment bank ousts Erin Callan from the CFO slot and Joseph Gregory as COO. Will the moves pacify its critics?

By Ben Levisohn

Heads usually roll on Wall Street when the going gets ugly, and this time is no exception. On June 12, Lehman Brothers Holdings (LEH) ousted its highly visible chief financial officer, …