Word: ceo
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...will rejoin the company’s management committee and “review, define, and focus the firm’s global strategy,” according to an internal memo sent by Lloyd C. Blankfein ’75 and Gary D. Cohn, Goldman’s CEO and president, respectively...
...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...
Goldman's CEO and other top execs are set for another huge payday this year, although some of his former partners wonder about the backlash against him and the firm as a result. Blankfein is worried too. How is he to juggle the firm's great success - and the attendant increasing bonus expectations of the high achievers working at the firm - with the inevitable public outcry that will result from paying out multiple millions of dollars in bonuses at a time when people all over the country are still reeling from a financial calamity largely of Wall Street's making...
...downturn, leagues are upping their entry fees - and their cash prizes. Meanwhile, as companies are slashing ad budgets in most places, they are pouring funds into fantasy sites. Fantasy Sports Ventures, which owns or sells advertising for some 500 such sites, has seen revenue double year over year. Says CEO Chris Russo: "Companies want access to an audience that's passionate and engaged...
...producer China National Offshore Oil Corporation. While the value of Harvard’s equity investments has increased, it remains modest compared to where it stood last September, when the University had nearly $3 billion invested in 213 public equity holdings. Jane Mendillo, president and CEO of HMC, said in an interview with The Crimson in May that she had “accelerated building a cash reserve” last fall—part of a larger policy portfolio change—but that the Company was “aggressively analyzing investment opportunities” and reinvesting cash...