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, …


Executives keep their eyes wide open for their next big gig By Tierney Plumb

The founder of an $11 million software company and member of the D.C. and Maryland bars never dreamed he would have trouble finding work. Adam Goozh was turning down two to three lucrative offers a year from headhunters and companies wanting to grab the chief executive officer. Then, late last year, …


People on the Move: Professional Services

Courtesy Associates LLC in D.C. named Ellen Shortill senior project manager.

Input in Reston named Timothy Dowd president and chief executive officer.

Battalia Winston in D.C. named Kathryn Griffin partner.

Protiviti Inc. in Vienna named Gary Callaghan managing director.

SmithBucklin Corp. in D.C. made …


Battalia Winston Recruits President For Tekfor

Executive search firm Battalia Winston has placed David Griffin as president of Tekfor U.S.A., a German-based engineering and manufacturing company specializing in the production of steel parts and components for the automotive industry. Rich Folts, a partner at Battalia Winston who specializes in manufacturing, conducted the search. …


APPOINTMENTS Legal

Battalia Winston of the District named Kathryn Griffin, former managing partner at Slayton Search Partners, partner.