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This has prompted a restructuring of the executive compensation industry, with significant numbers of consultants leaving prominent firms such as Mercer, Hewitt and Towers Watson.
This is a position I assumed in January 2009 in anticipation of stepping down as Director of the Social Enterprise Program in June and the restructuring of the executive education programs formerly offered under the aegis of the Institute for Not-For-Profit Management (INM).
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My departure in a few months time allows Mark the necessary period to implement his restructure of the executive board in an effective manner.
The management changes are part of a bigger restructuring of senior executives at the automaker.
"In Europe, where the market has been liberalized, there has been a huge restructuring of the major companies," said Steve Liddell, chief executive for Asian operations at Level 3. "Now, we're seeing the same thing happen among the monopoly players in Asia".
"Parliament... is being strengthened, while the presidency, in charge of the executive branch, is being restructured to end conflicts between branches".
The changes, which were announced on Jan . 22by the company's chief executive, Peter I. Bijur, involve restructuring of the corporate center and business operations in Westchester.
New chief executive John Flannery is due to announce a restructuring of the group next month.
As a result, Enron executives hurriedly arranged a large-scale restructuring of the Raptors.
Off the field the restructuring of the club continued with the appointment of former Blades player Julian Winter as Chief Executive to replace the departing Trevor Birch.
Whether or not executives are able to turn Thomson into another Bloomberg, their restructuring of the company will change it irrevocably.
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