Word: coos
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...meant as a condemnation of Mr. Wagoner, who has devoted his life to this company," Obama said in condemning him. "Rather, it's a recognition that it will take a new vision and new direction to create the GM of the future." In Wagoner's place, the President promoted COO Fritz Henderson, who has worked at the company for 25 years. Henderson gets the message: "One, go deeper, go harder; and second, go faster. And so we got it. We understand exactly what that means." (See the 50 worst cars of all time...
...history will be both an asset and a liability in his new post. A company lifer, he has presided over GM's growth in regions around the world, earning accolades as a talented, tough and steady leader. But as a consummate insider who formerly served as President and COO, he must also shake the public perception that feckless leadership has played a large part in GM's slide toward insolvency. Henderson is known for keeping his cool in tough spots, but there are few hotter seats in the business world than the one he's just landed in. (See pictures...
...that topped $10 billion. It sold 2.5 million Macintosh computers, a 9 percent jump over the previous quarter, even as the rest of the PC industry contracted. The company also sold over 22.7 million iPods in the quarter with most of the growth occurring in international markets, according to COO Tim Cook. Indeed, Cook said that iPod sales in the U.S. actually contracted 3 percent in the quarter...
...Previously worked for rivals IBM and Compaq, and served as COO of computer reseller Intelligent Electronics...
...Joined Apple in 1998 to streamline the company's jumbled manufacturing and distribution operations. He was promoted to COO in 2005. In that role, he has overseen Apple's worldwide operations, including supply chain, support and sales services as well as its Macintosh division...