Word: ceos
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...Nova, started by CEO Nozomu Sahashi in 1981, grew into a publicly listed chain with over 900 locations at its peak, dominating Japan's $1.7 billion foreign-language-education industry through discount lesson offers and a sassy, ubiquitous ad campaign. In 2006, as many as two-thirds of Japan's foreign-language students were enrolled at Nova. But things started to unravel for the company in April, after the Supreme Court ruled that its prepaid tuition scheme, under which students bought thousands of dollars in lessons up front and received only partial refunds in the event of cancellations, was illegal...
...involved in Hydro's energy operations when those payments began in 2000--he was boss of the company's aluminum division at the time--but the potential conflict of interest during the investigation left him little choice but to resign as the combined company's first chairman. (He remains CEO of Hydro's aluminum and power businesses, which were not part of the merger.) "It's been an eventful week," Reiten, 54, told TIME amid the icy rain in Nyhamna. "Both for good...
...disappear to put a hurt on their bosses. (And yet when the strike ends, people will rush back gratefully to see their work again.) The producers are betting that viewers will be satisfied with reruns and reality - hey, TV's TV! - and the writers will have to fold; CBS CEO Leslie Moonves told investors, "We are fully prepared to offer alternative-programming options...
...Most of the oil companies are going to be in an identity crisis, and need to redefine their business strategies," Birol says. The soul-searching may have already begun, as oil executives begin sounding the alarm about the supply crunch that lies ahead. Last week, Christophe de Margerie, CEO of the French oil giant Total, told the Financial Times that even the target of 100 million barrels a day is an optimistic one for an industry that currently produces 85 million - far short of the 116 million barrels a day the IEA projects will be needed by 2030 to fuel...
...side of science you can’t get in the classroom,” Rengarajan said. “It allows students to be a lot more creative.” Attendees also heard speeches from three professional researchers. Edward J. Benz Jr., president and CEO of the Dana Farber Cancer Institute, drew from his own experiences as an undergraduate at Princeton and as a student at Harvard Medical School to emphasize the importance of finding good mentors. He also encouraged students to pursue careers in academic medicine. Thomas M. Michel ’77, the director of human...