Word: ceo
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...Schultz is taking it upon himself to restore the cult of caffeine. On Jan. 7, the passionate entrepreneur--whom employees call Uncle Howie--again became CEO, a position he ceded in 2000 for a seat on the board. He has lured back some apostles from the start-up years, and they've designed a plan to yank Starbucks' focus from gaining efficiency and appeasing Wall Street back to selling exemplary coffee with the kind of service and ambiance that makes a $4 latte worth the price...
...building bigger instead. Rapid growth in Asia, the Middle East and Eastern Europe, particularly Russia, is taking up the slack in the U.S. and Western Europe, where sales are softer. "An explosion in the client base" of high-net-worth individuals is generating sales, says Vincenzo Cannatelli, Ferretti's CEO. These aren't people who flinch at high fuel costs. "Many of our customers are making money from the price of oil," Cannatelli says, chuckling...
There are more superrich than there are superyachts to go around. Damn. "Production capabilities are running behind demand," says Joel Plasco, CEO of Collins Stewart, the private banking group that sponsors the London Boat Show. But scarcity doesn't hurt this industry. The small number of yachts it builds makes it less vulnerable to economic upheaval: manufacturers need only rely on a handful of customers. "It's more difficult for luxury-goods makers who have to sell hundreds of thousands of items," Cannatelli says...
...scale black-and-white toile. Though she will hire professional hangers when she redecorates her kitchen and bathroom, wallpaper isn't as difficult to mount as it once was, adding to its appeal. "The new, heavier papers have structural integrity, as opposed to older, flimsier kinds," says Jerry Russo, ceo of Roman Decorating Products, which develops adhesives...
...past week has been an incredibly difficult time for Bear Stearns. This transaction represents the best outcome for all of our constituencies.' ALAN SCHWARTZ, president and CEO of Bear Stearns, which, as part of a federal bailout, was acquired by rival JPMorgan Chase for $236.2 million--a meager $2 per share...