Word: environmental
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In the U.S., when companies do voluntarily split the CEO and chairman roles, it is frequently in response to poor performance or shareholder pressure - even if the decision is framed as a broader commitment to good corporate governance. In early May, Wachovia, which like many banks has been severely battered...
One result of separating the roles because of circumstance, rather than solely on principle, means that when circumstances change, so might the commitment to having different people in those jobs. In 2003, Charles Schwab stepped down as CEO of the brokerage firm he founded, but remained chairman. At the time...
Ogden wouldn't speculate as to why national childhood overweight trends appear to have stalled. It could be that kids have hit the fat ceiling - they've gotten as heavy as they're ever going to get. Or, perhaps the most obvious answer is the nationwide effort to combat obesity...
Kennedy, who unsuccessfully challenged Jimmy Carter for President in 1980, channeled his energies into legislation upon his return to the Senate, becoming the most prodigious lawmaker of the past half-century. "There's a transition, obviously, moving from a candidate for the presidency back to the Senate, but I loved...
Phil Angelides has the answers - or at least one of them. A venture capitalist and the 2006 Democratic candidate for governor of California (he lost to the political world's best-known Austrian-American), Angelides is the chair of the Apollo Alliance, a coalition of business, labor and environmental groups championing green employment. Here's how he defines a green job: "It has to pay decent wages and benefits that can support a family. It has to be part of a real career path, with upward mobility. And it needs to reduce waste and pollution and benefit the environment." (Hear...