Word: ceos
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Dates: during 1990-1999
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...payment on accumulated debt of $1.3 billion. Its stock, traded at $48 a few years ago, now sells for less than $4. The board, its confidence in Farley shaken, managed to shunt him into the role of nonexecutive chairman in August, and the company is searching for a new CEO. Farley retains a role in large measure because he still controls 28.5% of Fruit's voting shares. He has also arranged for the company to guarantee loans to himself worth $65 million...
...suits around him, has helped sell its slogan "Believe in Yourself." Career site Monster.com is taking a subtler approach. In its now famous spot, debuted during last year's Super Bowl, bright-eyed kids recite such lines as "I want to be forced into early retirement." Says Monster CEO Jeff Taylor: "Funny's good, but you have to end up with a good, lasting impression once you grab their attention...
That may be so, but what got them into the theaters was something different. The film's primary backer is Crouch's father Paul, CEO and star (with his bounteously bouffanted wife Jan) of the Trinity Broadcasting Network. TBN is actually not a "little Christian channel" but a giant in the sometimes overlooked field of televangelism. Showcasing preachers both black and white, it claims to reach 84 million homes and takes in some $80 million a year in contributions, primarily from 1.5 million "partners" who give annually...
That isn't an ad for a 12-step program for workaholics. It's an act of employer desperation. Steve Loegering, president and CEO of Loegering Manufacturing, ran the pitch to attract workers to his firm in Casselton, N.D., 20 miles west of Fargo, in what Loegering jokingly labels the state's "tropical corner...
...when a big-dollar deal fell through, Garnick felt increasing pressure from his venture capitalist to hit the numbers in his original business plan. He was eventually told to hire a president to oversee operations. Garnick says he stepped down as CEO "for the good of the company," though he continued as chairman. But he says, "I was being boxed out of key decisions." Garnick resigned from the board of directors a few months before the company went public last July. The company's market capitalization is now about $250 million, 5% of it Garnick's. The moral...