Word: bigwig
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...expat gig used to be a cushy one for U.S. executives of a certain level: jet into Tokyo or Paris, tuck family into American schools and clubs, slide into fully established local office as the bigwig from headquarters. It was more of an exotic detour for loyal lifetimers than a slingshot into directorship for the young and ambitious--but who cared? Somewhere, perhaps in Tokyo or Paris, that old-timey expatriate still sips his midday martini at the foreigners' club. But in the rough-and-tumble markets of China and India, a new generation of expats--they prefer "global executives...
Harvard’s endowment has been cited as a model for achieving high-growth rates, but one investment choice led to a staggering loss of at least a quarter of a billion dollars late last week after the collapse of former Harvard Management Company (HMC) bigwig Jeffrey B. Larson’s hedge fund...
There’s Mukesh’s son, Sahil, speaking Gujarati on the phone to his grandfather, a Congress Party bigwig...
When the Tribune Co., owner of the Chicago Tribune and the Los Angeles Times, went on the block, it was another response to stockholders' insatiable demand for rising returns, even for papers with loyal readership and steady ad support. But now that a bevy of bigwig buyers are itching to own prestigious dailies, newspapers in key markets may benefit from a return to private ownership. Why would baron bidders like Hank Greenberg, Jack Welch and David Geffen--who have expressed interest in the Tribune Co., the Boston Globe and the L.A. Times, respectively--rush in to bet on slow-growth...
GOING BACK TO THE FUTURE? Tom Cruise surprised Hollywood last week with a prewedding announcement: the box-office bigwig just bought a sizable chunk of United Artists, the once venerable movie studio whose fortune seems to rise and fall with its icons...