Word: ceo
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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...
...cult classic a la “Office Space,” we’re teased with a film that could have been delicious but now just tastes undercooked. “Extract” stars Jason Bateman (“Arrested Development”) as Joel, the CEO of a successful extract-making company called Reynold’s. Joel has a BMW, a beautiful home, and an offer from General Mills to buy his company, but alas, none of this matters to Joel; he’s mostly concerned about not getting laid. His wife Suzie (Kristen...
Harvard’s invested endowment assets took a 27.3 percent hit this past fiscal year, amidst an economic maelstrom that Harvard Management Company CEO and President Jane L. Mendillo called “very likely the most challenging period in modern times for the financial markets as well as for the Harvard portfolio...
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...