Word: ceo
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Dates: during 2000-2009
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...CEO Fritz Henderson phoned Chancellor Angela Merkel's office Thursday to seal the deal. The decision to sell Opel and Vauxhall to Magna is a coup for Merkel who has staked her credibility on the bid, a joint offer from the Canadian car-parts manufacturer and Russia's state-owned Sberbank. Since May, Merkel and the German government have thrown their weight behind Magna's offer, arguing that Magna already had extensive experience in building autos. Berlin also likes the fact that the Magna bid will keep open Opel's four factories in Germany, thus saving more jobs there than...
...before the bid was announced, values Cadbury at about 11 times 2009 EBITDA, estimates Growe. This is far below the 19 multiple that Mars paid when it snapped up Wrigley in a $23 billion deal last year. And Cadbury's growth potential, as outlined by the company's CEO Todd Stitzer last year, is bigger than Wrigley's was at the time. Analysts believe a suitor would need to pay at least a 16 multiple, or about $21 billion, to seal a deal with Cadbury...
...Slow Money type investments, he says. This is particularly true, he adds, when "we look at investing as an extension of our lives and values." He notes that RSF Social Finance, which invests in enterprises committed to improving society and the environment and where he served as President and CEO and is now Chairman of the Board, realized a steady 3%-4% average over 25 years and has continued to grow despite the current downturn...
Harris was the founder and CEO of Pseudo.com, an early 90s internet network that he predicted would take down CBS and NBC. While others were mastering the basics of HTML, Harris was instituting the first online chat rooms and becoming a multi-millionaire. Called the “Warhol” of the internet world by New York Magazine, Harris commissioned his artist friends to do as they pleased in the Factory-esque office space of Pseudo. His unorthodox management style (which included dressing up as a clown when investors toured the office) eventually led to the company?...
...social responsibility (CSR) or ethical consumerism. Only 59% of the 1,000 largest U.S. companies have publicly available environmental policies. Fewer than 8% of companies go to the trouble of having a third party verify their CSR reports, which many consumers don't bother to read. As Jeff Swartz, CEO of Timberland and a leader in corporate responsibility, noted recently, "The vast majority of our consumers buy Timberland products because the shoe fits ... not because we maintain a measurably higher standard of human-rights practice...