First Data Corp. has named Ed Labry, a 30-year veteran of the company system, as interim CEO while it looks for a permanent candidate. 

Mr. Labry replaces Jonathan Judge, who stepped down Jan. 11 for health reasons. 

The global payment-processing company posted a $179 million loss in the fourth quarter of 2012, according to a Jan. 29 earnings release. 

Visit www.firstdata.com for more information. 

 

There is a new face on an old problem — American companies “moving” overseas in part to avoid U.S. taxes — that has increased in popularity in the last several years and recently gained political attention. Last week President Obama and Treasury Secretary Jacob J. Lew called for tax reform to encourage economic patriotism and to deter corporate defectors, calling the overseas moves legal, but immoral. More
The World Trade Center Atlanta is seeking nominees for its annual Governor’s International Awards celebration it hosts in partnership with the Atlanta Business Chronicle.  More