Business briefs: Notebaert to retire

Richard Notebaert, the chairman and CEO, who pulled a troubled Qwest Communications International Inc. (Q) from the brink of bankruptcy amid an accounting scandal, announced plans to retire. Notebaert, 59, said he will leave the Denver company after the board of directors selects a replacement. Businessman Philip Anschutz, a stockholder in Qwest, owns The Examiner’s parent company.

Stephen Schwarzman

Private-equity powerhouse Blackstone Group LP said Monday that its chief executive made $400 million in 2006 — almost double the combined compensation for the CEOs of Wall Street’s five biggest investment banks. Schwarzman, 60, will lead the New York-based firm to the highly anticipated initial public offering of its management company within the next few weeks.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Report sheds light on Nuru’s nonprofit donor scheme

City contractor payments to Parks Alliance spent at direction of Public Works director

CAREN Act draws support from man who recorded viral Pac Heights video

The San Francisco man who recorded a viral video of a couple… Continue reading

Businesses to get a break with extension of commercial eviction ban

San Francisco now has state clearance to extend its commercial eviction ban… Continue reading

Plans for new Flower Mart in Potrero Hill approved

The famed San Francisco Flower Mart’s new home in Potrero Hill was… Continue reading

Bay Area’s future could include a lot more remote work

Regional planning agency approved long-term work-from-home strategy to reduce emissions

Most Read