Pipex Pharmaceuticals, Inc. (AMEX: PP) recently announced that Nicholas Stergis, co-founder and vice chairman of the board of directors, has joined the executive management team as chief executive officer, replacing Steve H. Kanzer who will continue to serve as the company’s chairman. In addition, the company announced the resignations of Daniel J. Dorman, a director, and Dr. Charles L.

Oil prices have resumed their northward climb. And inflation has returned to the American lexicon for the first time in decades. For U.S. consumers, there’s no way to dodge the financial fallout of that economic one-two punch.

Another big CEO is forced out during the housing crunch and lowered earnings. Wachovia chief executive Ken Thompson was pushed out Monday as head of the nation's fourth-largest bank, following Stanley O'Neal at Merrill Lynch & Co. and Charles Prince at Citigroup Inc.

"When Google founders Sergey Brin and Larry Page wanted a C.E.O. for their rapidly growing company in 2001, they turned to a technology executive, Eric Schmidt, who had previously worked at Sun Microsystems and Novell. Coincidentally, Yahoo co-founders Jerry Yang and David Filo were also looking for a C.E.O. that year, and they picked a Hollywood insider: Terry Semel, who had run Warner Bros."

Capital IQ has estimated that since October of last year, six CEOs have lost more than $1 billion through holdings of their companies’ stock. Here is the list: Larry Ellison of Oracle...