Management Shake-Up

Management Shake-Up

A situation where senior management is replaced or reassigned to different roles.
References in periodicals archive ?
Wal-Mart archrival Target might also see a management shake-up, but "for different reasons," Weinswig said.
The answer isn't privatisation or management shake-ups.
The appointment is the latest in a series of management shake-ups in the company which helped build Burj Khalifa -- the world's tallest tower and comes after an Abu Dhabi investor increased its stake in the company.
In a statement, the European Union's executive arm said Greek banks would face due-diligence audits and possible management shake-ups in return for their share of billions of euros from the region's taxpayers and the International Monetary Fund.
Last year Abu Dhabi launched a strategic review of government spending that saw major projects pushed back, funds frozen and numerous top-level management shake-ups.
However, despite repeated delays, management shake-ups, cement delivery dilemmas, site-worker unrest and the economic crisis the current management remains confident.
SAN FRANCISCO: With shrinking audiences, deep layoffs and two management shake-ups, MySpace, the one-time leader in Internet social networking, has had a rocky year.
But by the time the financial crisis hit in 2008, they were in a strong position, thanks to management shake-ups and an injection of capital from the Chinese government that helped them get rid of their nonperforming loans.
Indeed, history suggests that a deep banking crisis is not over until the sector has been subject to broad re- capitalization and management shake-ups.
Unilever has undergone a number of management shake-ups under group chief executive Patrick Cescau, who took over the company's leadership in the spring of 2005.
It has suffered two senior management shake-ups and announced delivery delays to its A380 superjumbo that will cost it more than pounds 2bn in lost profits over the next four years.
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