Word: ceo
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...late 1990s, the DIA hired Graham Beal, who formerly headed the Los Angeles County Museum of Art, to serve as its CEO. He arrived just as the DIA was set to launch a six-year, $158 million renovation and expansion. Beal's mandate: "to rethink how we present art to the general public." That meant tripling the amount of space devoted to the DIA's Native American art collection and opening a department to curate a collection of African-American art. Beal ordered that exhibit labels be more accessible to the masses. In one gallery, he added a virtual dining...
...three-minute commercial that has passed into ambush-marketing legend. But in assessing his company's handling of Olympics opportunities it would be unfair to focus on that piece of good fortune alone. The truth is, his team began planning well in advance (662 days, by the count of CEO Zhang Zhiyong), focusing on bang-for-buck sponsorship choices. Knowing, for instance, that the U.S. Dream Team would wind up in the basketball finals, but that its NBA-star-packed roster would be too pricey to support, Li Ning sponsored eventual silver-medal winners Spain and bronze-medal winners Argentina...
Some Greek economists and business leaders believe that the medicine, though bitter, will eventually produce a healthier economy. "The crisis was inevitable," says Ioannis Kamatakis, CEO of MLS Multimedia, a technology company that produces GPS systems and translation software. "It represents a unique opportunity for Greece to turn the page...
...hikes are in the cards too: a 20% tax on alcohol and tobacco has already been approved by Parliament, a fuel tax is likely to follow, and other taxes are rumored. This worries executives like Doros Constantinou, the CEO of Coca-Cola Hellenic, which sells soft drinks in 28 countries. "An increase in taxes will have an impact on disposable income," he says. "That's not a good thing." While he feels his company has already reduced operating costs and won't be affected too much by Greece's crisis, he admits, "We can't be immune. After...
Companies that have interests outside Greece are also likely to fare better. Kyriakos Sarantis, CEO of Sarantis, a $363 million consumer-products company, expects revenue to remain flat despite the problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping," he says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world...