Word: caio
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Dates: during 2000-2009
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...obvious yardstick of success or failure is stock price. The companies whose stock is bouncing back the fastest are usually those whose new leaders have acted most quickly to tackle their core problems. In Britain, Cable & Wireless stock is up 50% since Italian turnaround expert Francesco Caio took over a year ago. He swiftly shed unprofitable operations his predecessor had bought in the U.S., including a big Internet hosting business, but had been reluctant to sell when they didn't pan out. At ailing insurer Royal & Sun Alliance, Andy Haste, 41, the CEO who took over last year, wasted little...
...resign, and that's where politics comes in. Jürgen Stark is acting president, but insiders say if Welteke goes, Stark is unlikely to get his job. Stark was a senior aide to the previous conservative government. Finance Ministry officials are instead touting Deputy Finance Minister Caio Koch-Weser, a Social Democrat appointee responsible for global finance and currencies. But neither can check in unless Welteke checks out. - By William Boston Smuggle Struggle Ends Philip Morris International, makers of Marlboro, agreed to pay the E.U. $1 billion to head off legal action over the firm's alleged collusion with...
...Fund - after all, since its inception after World War II, Europe has traditionally picked the IMF's leader (America got to choose the head of the World Bank). And on Monday, following months of lobbying, Schroeder convinced the 14 other European Union member nations to throw their support behind Caio Koch-Weser, a German technocrat who speaks five languages and has worked at the World Bank for a quarter of a century. But the Clinton administration wasted no time slapping down the E.U. choice, asserting that Koch-Weser is a lightweight who lacks the leadership skills to run an organization...