It's a bold move. Renault will have its hands full.
"James Francis "Jim" Kelleher", Queen's Privy Council for Canada/PC, Queen's Counsel/QC was a Canada/Canadian politician and retired Senator.
Born in Sault Ste. Marie, Ontario, he received a Bachelor of Arts/B.A. degree in 1952 from Queen's University and a Bachelor of Law/LL.B. degree in 1956 from Osgoode Hall Law School. Kelleher was first elected to the Canadian House of Commons in the Canadian federal election, 1984/1984 election as the Progressive Conservative Party of Canada/Progressive Conservative Member of Parliament for Sault Ste. Marie, Ontario/Sault Ste. Marie, Ontario.
He was appointed Minister of International Trade (Canada)/Minister of International Trade in the first Canadian Cabinet/Cabinet of Prime Minister of Canada/Prime Minister Brian Mulroney. In 1986, he became Solicitor General of Canada as the result of a cabinet shuffle, and remained so until his defeat in the Canadian federal election, 1988/1988 election.
On September 23, 1990, Kelleher was appointed to the Canadian Senate on Mulroney's recommendation. He retired from the upper house upon his seventy-fifth birthday, October 2, 2005, due to the Senate's mandatory retirement rules.
He died of heart problems in 2013.
More James Kelleher on Wikipedia.I'm not that surprised. Listening to the first-quarter conference call, [Chief Financial Officer] John Devine was agitated about European, South American, and as a whole, international results.
The choice to elevate a much younger man might signal not so much an impatience with the current pace of development, but a willingness to make more substantive changes.
There are a lot of reasons why (Wall Street) just isn't happy about this restructuring.
You could almost argue that investors sense some relief.
A lot of people predicted a much sharper falloff. If you look at the numbers, they're not really alarming.
Ford has been able to run essentially unopposed. All through the strike GM's main concern was the new pickup rolling out on time. They're pledging to return to 31 percent of market share. By October, (GM's) sales should be up to more realistic levels.
There's no long-term relief in sight for Dow Chemical. It remains a big target. But it doesn't mean it remains a vulnerable target.
You could argue the Dow Corning litigation has had a significant impact on Dow Chemical.
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