Word: chairman
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Dates: during 2000-2009
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...tougher. After setting the pace in netbooks, Asustek has since been losing sales as much larger rivals, including Acer, have muscled in. The company posted its first quarterly loss in the last three months of 2008 after misjudging demand during the recession. "That was a lesson learned," says Asus chairman Jonney Shih, who is adjusting by shrinking the company's product line. Says HTC's Chou: "You're competing with giants like Apple and Nokia. You must really have something special...
...Comes Speeding Back After racing through bankruptcy in 40 days, a slimmed-down General Motors emerged from Chapter 11 focused on just four brands: Chevrolet, Cadillac, Buick and GMC. The Federal Government, which has committed $50 billion to the company, took a majority stake and installed a new chairman. The restructurings of GM and Chrysler were considered coups for President Obama's auto task force, whose head, Steven Rattner, said he will step down...
...their businesses - the high-salary R&D and management divisions - at home. San says the government's vision is to turn Taiwan into an operations center for Chinese industry by supplying technical and manufacturing expertise. There are some early indications Ma's strategy might work. Sun Ta-wen, chairman of circuit-board-parts maker Taiflex Scientific in the southern city of Kaohsiung, had planned to shift more production to China to improve efficiency, despite his fear that his company's intellectual property would be stolen. But better transport links have cut shipping costs and reduced travel time...
JULY 10 GM emerges from bankruptcy. Former AT&T head Edward Whitacre takes over as chairman...
...Learning Time (ELT) Initiative. Launched in 2006, the program involves 26 low-performing schools that have each added approximately 1½ to 2 hours per day to their school calendar. "We're in the early innings of proving how to extend school hours responsibly and effectively," says Chris Gabrieli, chairman of Massachusetts 2020, which helped originate the ELT idea. "But clearly, focusing on the students that are furthest behind is where it makes the most sense. Middle-class kids, they get a lot more learning time outside of school - they get tutors, they get arts programs, they get music programs...