Word: ceo
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Dates: during 2000-2009
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...family discord has been on the rise since 2005, when Porsche's fiercely independent CEO Wendelin Wiedeking started buying up VW stock in order to safeguard the luxury sports carmaker's future. His vision was to merge the two companies into a single holding that would create substantial economies of scale and enable Porsche to avoid being penalized under new European rules governing auto emissions and fuel consumption standards; by being part of the bigger VW group with its range of low-emission, fuel efficient cars, Porsche's sports cars wouldn't stand out, Wiedeking reasoned...
...steering erratically. Ford already has a system that allows parents to limit the speed of a vehicle driven by a youthful motorist, and Mercedes-Benz's new E-Class comes with a system that issues an audible warning if the driver gets drowsy. (Watch an interview with Ford CEO Alan Mulally...
...first quarter of 2009, and its London-listed shares have doubled since March. Such a stellar performance during the worst recession in decades has placed StanChart in the enviable position of being able to gain market share and key talent at the expense of its competition. Standard Chartered CEO Peter Sands, 47, has a simple explanation: "We had a very clear strategy and we're very clear on sticking to it," Sands says...
...were denied further credit. To strengthen the bank's financial position even more, Sands raised $2.7 billion in capital through a December share sale, raising the bank's key "tier one" capital ratio to 10.1%. (An 8% ratio is considered healthy.) Jaspal Singh Bindra, StanChart's Hong Kong - based CEO for Asia, says that previous downturns like the 1997 Asian crisis made management especially wary of financial-system turmoil. "We learned that when there is a market problem, it spreads from a problem to a crisis very quickly," Bindra says...
...such regal aspirations. He doesn't even own a soccer team. He's not a flashy dresser, sporting casual, open-necked shirts and spending his free time quietly with family by Lake Geneva. He's at the firm to manage Fiat, not rule it. "My job as CEO is not to make decisions about the business but to set stretch objectives and help our managers work out how to reach them," he wrote. It worked at Marchionne's previous job, as head of a Swiss inspection and verification company called...