Word: ceo
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...Cisco (CSCO) cut 3,000 of its 66,000 people last year. CEO John Chambers has said that the company plans to avoid job cuts. Cisco probably has as much or more cash on hand as any tech company in the U.S., holding $27 billion in available funds. The company is in the midst of a very rapid expansion into the server and data center business. That will require extra personnel and may involve acquisitions. Cisco is in several businesses which are nearly recession-proof and should continue to do well. Its core router operation is critical to building...
...more quickly than those in the West, the hotel industry in the region is expected to follow. Rao forecasts improvement will begin in the second half of 2009. "The moment there is cause for optimism, I think you'll see the whole thing turning around," says Rao. For a CEO with big plans, recovery can't come quickly enough...
...Oslo-based afternoon daily often cited as a model for how to thrive in the brave new newspaper world. VG is owned by Schibsted, a media conglomerate that embraced the Net early and rode out seven years of heavy losses before getting it right. The stock market wanted CEO Kjell Aamot's head, and Schibsted's board was fully prepared to give it to them. Only Tinius Nagell-Erichsen, the revered former chairman who controlled the Schibsted family's trust, said no. Now VG's website, VG.no, is Norway's biggest destination, period. In 2007 VG Nett, the paper...
...Kaplan. "Part of the reason you saw such a big increase in pay over time was just an increase in scale." The sums of money managed and size of transactions arranged by Wall Street grew exponentially, starting in the 1980s. So did profits and pay. You can argue that CEO compensation is a rigged game, but on Wall Street, lavish pay packages have never been restricted to the top of the executive ladder. Top-performing investment bankers and traders were paid big sums because otherwise they might jump ship to a rival bank or a hedge fund. And nobody...
...response, Catholic News Service - the official news agency affiliated with the USCCB - ran an article that began, "Internet rumors to the contrary, no Catholic hospital in the United States is in danger of closing because of the Freedom of Choice Act." Sister Carol Keehan, president and CEO of the Catholic Health Association, told the news agency that the legislation "has never contained anything that would force Catholic hospitals or Catholic personnel to do abortions or to participate in them." She added, "I don't believe that FOCA will pass...