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Reports on consumer confidence, GDP tug at stocks
Facebook creates dual-class stock structure
Consumer group warns about toy hazards
Americans gloomy on economy heading into holidays
Banks earn $2.8 billion in third quarter; insurance fund in the red
Akron, Summit County jobless rates increase
Home prices rise for fourth month in a row
Most Read Stories
2 men shot during party in Fairlawn
Cancellation of Christmas not an option
Akron man killed in crash on his street
Akron Children's Hospital CEO, wife announce $1 million gift to support research
Victim of beating in Kent last week is declared dead at Akron hospital
Police: Pennsylvania man killed misbehaving puppy before Steelers game
Akron Circle K store robbed for second time this month
Several people hurt in Akron crash
KSU suspends basketball player
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Blogs:
Pets:
A Dog Named Christmas – Pet for the Holidays
The Heldenfiles:
Viewing Notes
Patrick McManamon:
Of pass interference and alleged "fake" injuries
Akron Zips:
No. 1 Akron to play Stanford next
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Audio: Mangini disputes Poteat call, accuses Lions of faking injuries
Kent State Sports:
Flashes travel to Florida Atlantic
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
Buckeye Football – Present and Future
Varsity Letters:
Gulley to visit Central Michigan in December
All Da King's Men:
The Onion, By Any Other Name…
Blog of Mass Destruction:
Glaring Contradictions
Akron Law Café:
Don't Try to Have Fun if you are Depressed
See Jane Style:
Vintage Chic
Car Chase:
What Automotive Thing Are You Thankful For?
Let's Talk Real Estate:
Faye Dunaway to be Evicted?
Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – Why I am Glad I live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
Company under pressure to improve results in North America; new CEO to take over duties
By Jack Kaskey
Bloomberg News
Published on Thursday, Apr 10, 2008
A. Schulman Inc., the plastics maker considering selling itself, said North American Chief Operating Officer Barry A. Rhodes will resign as the region continues to lose money.
New Chief Executive Joseph M. Gingo will assume Rhodes' duties, Schulman said Wednesday in a filing with the U.S. Securities and Exchange Commission.
Rhodes will receive $968,375 in lieu of salary and bonus when his resignation takes effect on April 11, the Fairlawn company said.
Schulman is under pressure from investors, including hedge fund Ramius Capital Group, to improve results in North America, where years of operating losses extended into the six months ended Feb. 29.
The company in March hired UBS Investment Bank to review strategies, including a potential acquisition or a sale of the company.
Schulman fell 39 cents, or 1.9 percent, to $20.55 in Wednesday trading. The shares have dropped 4.6 percent this year.
A. Schulman Inc., the plastics maker considering selling itself, said North American Chief Operating Officer Barry A. Rhodes will resign as the region continues to lose money.
Get the full article here.
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