On the question of board composition, for instance, we know markets react positively in the short run to appointments of "outsiders" to boards.
ICI egos had been bruised by this unprecedented appointment of an outsider.
At a regional gathering a month ago, Mr. Rakhimov said the appointment of an outsider to lead the republic would be "a humiliation to all Bashkirs," Mr. Petrov said.
Keith Bowman, an analyst at Hargreaves Lansdown Stockbrokers, said the appointment of an outsider provided some hope, but added that the task of the new chief executive was sizeable.
The move came as a surprise to many investors, and as a disappointment to those who had hoped for the appointment of an outsider to push through a break-up of the company.
Many Tories are saying that it will take the appointment of an outsider, possibly Sir Hugh Orde from Northern Ireland, who started his career at the Met, to repair the damage.
The appointment of an outsider as chief executive came as a surprise in the tightly knit company, surprising Mr. Casey too, recalled Robert L. Crandall, American's chief financial officer at the time, who later succeeded him as chief executive.
The recent appointment of an outsider, Callum McCarthy, Britain's energy regulator, as FSA chairman was greeted with less enthusiasm by the City.Chips with everythingIntel, the world's biggest chipmaker, said that second-quarter profits had risen to $896 million, almost twice as much as a year ago.
In a rare appointment of an outsider to a senior position, the Bank of Ireland Group hired Michael Soden, the general manager of global business and personal financial services at National Australia Bank, to become chief executive when Maurice Keane retires from the post in February.
Mr. Ilyasov will not replace Mr. Kadyrov, the current head of Chechnya's "civil administration," but the appointment of an outsider as chief executive is a clear indication that Moscow is feeling the pressure to move forward with the long-promised reconstruction.
