Word: ceos
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...prior CEO, Jack R. Meyer, took nearly one third of HMC’s employees with him when he left to start a new hedge fund, Convexity Capital Management. Meyer and other top HMC officials had been criticized for their multi-million-dollar salaries and bonuses...
...During HMC’s rebuilding efforts we have also focused on deepening our institutional and organizational roots to ensure that the Company can no longer be significantly disrupted by the departure of any individual or groups of individuals (including the CEO),” El-Erian wrote...
...prior CEO, Jack R. Meyer, took nearly one-third of HMC's employees with him to start a new hedge fund. Meyer and other top officials at the company had been criticized for their multi-million-dollar salaries and bonuses...
Ultraluxe proprietors talk less about amenities and more about personalization, experience and authenticity. Service is everything. "We have to anticipate your needs," says Atef Mankarios, former ceo of the St. Regis and Rosewood Hotels, who is overseeing a development planned for Punta de Mita, Mexico. At the recently opened Fouquet's Barrire Paris, where rooms start at about $800 per night, guests are encouraged to fill out a "favorites" form before they arrive. The hotel then welcomes them with fruit, chocolates, music or flowers to suit their tastes. "You have to give your guests a warm, genteel, caring kind...
...offing. They were right. But those who actually worked in the business of writing, packaging and investing in mortgage loans couldn't act on such concerns and expect to stay employed. There was too much money to be made running with the herd. Or dancing with it, as Citigroup CEO Charles Prince put it in a memorable July interview. "As long as the music is playing, you've got to get up and dance," he told the Financial Times. "We're still dancing." Now the mortgage-lending party is over, and housing markets may feel the hangover for years...