Liddy also said the top 25 executive positions at the financial products division will earn a $1 salary for the rest of 2009.

VOA: standard.2009.03.15

Whitacre holds a PhD in Biochemistry from Cornell University, was a top executive (Division President) at ArcherDaniels Midland (ADM), and has a wonderful wife and 3 kids.

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Ms. Rometty also reassigned the top executive leading that division, presumably because of the poor results.

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In the financial services case, the division executive insisted that the IT and business teams (ten people) spend a full day recalibrating the project.

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