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Dayton Daily News
DAYTON -- James V. Mahoney, president and chief executive officer of Dayton Power and Light Co. and its owner, DPL Inc., is resigning from both companies and the DPL board of directors, effective this summer. DPL announced Mahoney's departure Monday. The company has hired an executive search firm to lead a national search for his replacement. He will stay until July 31 to help the successor.
Retirement Dream May Not Pan Out
WASHINGTON -- Most Americans have unrealistic expectations about how much they'll need to save for retirement, a study released Tuesday by the Employee Benefit Research Institute found. In its annual Retirement Confidence Survey, the group reported that while most workers expect to live long and comfortably after they retire, far fewer have taken the steps necessary to do so.
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