Business

International law firm Freshfields Bruckhaus Deringer has elected Hamburg based, Johannes Conradi, as the new global practice group leader (PGL) for the firm’s real estate practice. Johannes, who will assume the role from 1 May 2012, succeeds London based partner Chris Morris as he completes a second term in the role.

Avon Products Inc on Monday said it named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to lead the company and turn around sales at home and abroad.

A former Intel Corp employee who allegedly stole from the chipmaker documents worth hundreds of millions of dollars pleaded guilty on Friday to five counts of wire fraud.