Word: board
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...costs low and, more importantly, to manufacture on demand, which cuts his risk considerably. There's no other way a startup could compete - even one that just pulled in $24 million in venture capital funding and gave former U.S. Treasury Secretary Hank Paulson an advisory seat on its board. "It allows us to manufacture flexibly without putting huge amounts of capital into metal-bashing facilities," says Czinger, who has years of experience working with Chinese companies. "It makes a big, big difference for our value chain...
...mail and office programs (Gmail, Google Docs), a cell-phone operating system (Android) and a Web browser (Chrome). Google scans and sells books, runs a phone system and is even working on a desktop operating system to rival Windows. CEO Eric Schmidt recently stepped down from Apple's board of directors because the two companies now compete in so many areas. The U.S. Justice Department is investigating a legal settlement between Google and the publishing industry over the company's book-scanning service, and Christine Varney, Justice's antitrust chief, said she sees Google as a "problem...
...December 2003 he was named Goldman's chief operating officer and co-president after the departure of John Thain - Blankfein's rival to lead the firm - who left to become CEO of the New York Stock Exchange. By then, Blankfein had impressed Goldman's board of directors and especially Paulson, then the CEO, with his tenacity, ambition and hands-on management style. "Hank became increasingly concerned about whether [John] Thornton or Thain" - the co-presidents of Goldman before Blankfein - "would assume responsibility for the business units and show they could run things," says a former Goldman partner. "Lloyd showed...
...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...
...Aesthetically, the colors are completely different—more black and white with dark wood, instead of that really early 90's orange thing we had going on," Criscuoll says of the renovated store. On a large black board hanging on the wall, she plans to paint a map of the world that illustrates the origins of the store's coffee...