Word: calmness
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Ferraris was brought aboard in the spring of 2003 to calm investors, who had been rattled when the outgoing CFO, Fausto Tonna, announced an unexpected new bond issue, sending Parmalat stock into a nose dive. The issue was quickly canceled. Within a few days of taking over, Ferraris made a presentation to financial analysts in Milan, stressing the company's rosy outlook: sales and earnings were up, debt was under control, and the company was awash in cash. "It was my job to patch up relations with the market," Ferraris told TIME in his lawyer's Milan office...
...first Secretary of Homeland Security; TOMMY THOMPSON, 63, as Secretary of Health and Human Services; and JOHN DANFORTH, 68, as U.S. ambassador to the U.N. Ridge's nominated replacement is BERNARD KERIK, 49, the brusque and blunt former New York City police commissioner who won praise for his calm crisis management in the aftermath of the Sept. 11 attacks...
...sonorous voice is familiar around the world. No matter what the crisis of the day, Kofi Annan's soft baritone always manages to convey a sense of imperturbable gravitas. Yet his calm must have been sorely tested last week when the U.N. Secretary-General learned more about the latest trouble lapping at his door. Annan had gathered a few top aides at a private site to discuss the scandal over the U.N.'s management of the oil-for-food program during the reign of Iraq's Saddam Hussein. In the middle of the discussion, a staff member's cell phone...
...Yawer has at times been critical of the U.S., questioning, for example, the strategy of using massive force to bring the insurgency to heel in cities like Samarra and Fallujah. "Since the attack on Fallujah," he told TIME, "violence has escalated everywhere, even in Mosul, where things were quite calm before." His criticisms have won him admirers in the Sunni triangle, where government figures are regarded with scorn. Even the radical Association of Muslim Scholars, which is calling for a boycott of the election, offers guarded praise. Al-Yawer, says association spokesman Abdul- Salam al-Qubaisi, "is saying the right...
Thielen, 61, is both diplomatic and entrepreneurial (he also owns his own sausage factory), and he moved quickly to calm the situation, smoothing relations with Mohn and his wife Liz and reversing many of Middelhoff's most controversial moves. He abolished the post of chief operating officer and returned to the highly decentralized structure that had long been a Bertelsmann tradition, cutting 1 in 6 jobs at corporate headquarters. "The businesses are all so different and require such different management skills that one person can't run them all," Thielen says. To shore up profitability, he has sold the firm...