"The city government is a den of thieves that needs to be cleaned up from its roots," Mr. Shays said, adding that the chairman of the Bridgeport Democrats, Mario Testa, should step down because he "runs a corrupt political machine".
It is likely that Mr. Koppelman will play a more active role in day-to-day management, said David B. Kestenbaum, the director of equity research at Morgan Joseph, adding that the chairman will act as a bridge between the chief executives.
He added that the chairman of the interim council, Mustafa Abdel-Jalil, "will confirm it soon".
The industry journal added that the chairman of Britain's Central Electricity Generating Board at the time, Lord Marshall, "followed his water with a whisky chaser".
She added that "the chairman intends to lead the commission in implementing the Sarbanes-Oxley reforms and continue the aggressive enforcement agenda of the past year," referring to the corporate and accounting law adopted last summer.
But Ms. Baker withdrew the offer on Jan . 7 Ms. Zambello said, adding that the board chairman wanted a sole leader working "24-7".
"I expect there may be other glasses of Champagne consumed in other corners of the world at the same time to celebrate my departure from this position," Pound joked, adding that the next chairman would not be as shy and diplomatic as he had been.
"The decision was taken in the context of moving from the rescue phase to the next phase," Mr. Javid said, adding that the bank's chairman, Philip Hampton, had talked to senior British lawmakers about the management change last week.
"What we've got to do as Democrats now is hold this party accountable," Warren said, adding that the current DNC chairman, former Labor Department Secretary Tom Perez is "being tested".
This article was amended 22 May to add that Rob Walton, chairman of Walmart, also is the chairman of Conservation International's executive committee.
"What is the point of paying money to get advice, and then ignoring the advice?" asked the chairman, adding that the Government's assessment was "detrimental" to the interests of taxpayers.
