Word: ceo
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Dates: during 2000-2009
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...President Obama recognized the real risk here: some very good bankers might not want to work for maximum-wage pay and could bolt their TARP-constrained companies. Why, for instance, would JPMorgan Chase CEO Jamie Dimon, perhaps the most astute operator in banking, want to labor for a measly 500 large to run a company with $2.2 trillion in assets...
...people don't call for information anymore, says Bruce Stewart, KGB's CEO of mobile and digital. They text. "When you want to know something, you text your friend or someone who might know. We are looking to be that someone." After launching a successful texting service in the U.K., KGB decided to bring it to the U.S. The beta test launched last fall, and already the company has thousands of "agents" ready to provide you with anything from movie times and train schedules to the type of pen Bob Dole holds in his hand. (Answer: sometimes it's felt...
While the battle between Bank of America CEO Ken Lewis and former Merrill Lynch CEO John Thain goes on over who knew about large bonuses and large losses and when they knew it, recent news that the bank will get $20 billion from the federal government along with $108 billion in loss guarantees has almost been forgotten. Much of the paper being supported by the government came from the Merrill acquisition...
...other way. Unless Harvard keeps pace, its top-caliber financial professionals might seek other jobs, leaving positions to be filled by less talented individuals. This same class of alums protested the $107.5 million HMC paid its top officials in 2003. When Harvard proceeded to sharply reduce HMC executive compensation, CEO Jack R. Meyer left the company along with many other successful money managers. It should not be forgotten that, in Meyer’s 15-year tenure as CEO, the endowment grew from $4.8 billion to $25.9 billion. The experts needed to run HMC are entitled to the salaries...
Ferragamo has been family run for almost 80 years. Explain the recent decision to bring an outsider, former Valentino CEO Michele Norsa, on board as CEO of the company...