By Reuters Staff
(Adds other recent appointments, background on Ermut)
ISTANBUL, March 9 (Reuters) - Turkey named Salim Arda Ermut the new chief executive of its wealth fund on Tuesday in the latest in a flurry of top level changes that began in early November when a new central bank governor and finance minister were appointed.
In the last week alone, President Tayyip Erdogan’s government has also overseen leadership changes at the Turkish Statistical Institute (TUIK) and, on Monday, at the Borsa Istanbul.
Analysts said the moves, which also included two deputies under new Finance Minister Lutfi Elvan, were rapid and somewhat confusing even while they are common at the powerful state and financial institutions.
The chief executive officer of Tegna Inc on Tuesday apologized for having mistaken a Black executive, who this year became a candidate for the broadcast company's board, for a hotel car valet in 2014.
Texas' power grid operator Electric Reliability Council of Texas (ERCOT) said on Thursday outgoing Chief Executive Bill Magness informed the ERCOT board he will not seek or accept severance pay.
Texas should winterize its electric generation plants or consider connecting its grid with other parts of the country to help avoid another deadly blackout like the one last month that left people without heat, power or water for days, experts at a top energy conference.
Canada's Turquoise Hill Resources Ltd said on Thursday Chief Executive Officer Ulf Quellmann has resigned after top shareholder Rio Tinto said it would vote against his re-election to the board.