Word: ceos
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Wall Street, however, can't make up its wary mind about the miracle that Louis V. Gerstner Jr., IBM's seventh CEO, seems to have managed. In the past three years, Gerstner has brought IBM back from what his top lieutenant immodestly calls a "near death experience" instigated by the company's slavish commitment to mainframe computing, a business that started to dissolve sometime during the Carter Administration. Since arriving in April 1993, Gerstner has refocused IBM on businesses that actually exist, unplugged more than 40% of the work force, tripled its once crippled stock price and, in the process...
...only business trait she and her husband shared. Reg was a brash Harvard-trained lawyer who became the richest African American in U.S. history through ruthless ambition and sheer willpower; Loida is scholarly and low key, the author of three textbooks, and deeply religious. She is perhaps the only CEO of a multinational company who greets visitors with a hug rather than a handshake. He smoked power-broker cigars, traveled in a custom jet and kept a Louis XIV-style office suite in Paris as a pit stop. She finds little use for such captain-of-industry trappings. After consolidating...
...sharklike unit whose roots went back to her husband's go-go years. Run by his Harvard roommate and best friend, W. Kevin Wright, it had as its purpose the pursuit of takeover targets. But the renegade unit had become a constant source of second-guessing of the new CEO. Wright, to Lewis' irritation, would continually ask whether "Reg would do it this way." After months of jousting, Lewis finally fired the entire department...
...employees may also be called on to testify against their own, notably executive vice president Michael Andreas, 47, longtime heir apparent to his father, ADM chairman and CEO Dwayne Andreas, 78. Prosecutors are continuing their investigation of both the younger Andreas and Terrance Wilson, 58, who heads the ADM corn-processing division. Neither was granted immunity--meaning that both could face indictment. ADM said last week that Andreas was taking a leave of absence and that Wilson had decided to retire...
APPOINTED. MARJORIE SCARDINO, 49, head of the firm that publishes the Economist; as CEO of the media conglomerate Pearson; in London. She is American and the first woman to lead a major British public company. STEPPING DOWN. DAVID BRINKLEY, 76, acerbic network-news fixture; as host of ABC's This Week with David Brinkley; on Nov. 10; in Washington...