Word: ge
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Dates: during 2000-2009
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Public companies, beware: private-equity firms are trolling for your top managers. General Electric became the latest prey in August, when VNU Media, a Dutch market-research firm, poached 27-year GE veteran David Calhoun for its top job. As takeovers become larger, private-equity firms increasingly value strong management, and Calhoun, 49, joins a growing line of execs defecting from their listed companies. They're lured away by private equity's promise of less scrutiny and big financial reward. Calhoun's new pay is rumored at around $100 million. It's a price tag for which VNU's owners...
...According to director Allen Coulter, it wasn't easy. Hollywoodland was produced by Focus Features, a division of GE's Universal Pictures, but rights to the original Superman TV show are held by a competing studio, Warner Bros. (a sister company of this magazine and website). "It was difficult dealing with Warner Bros., because they were extremely protective of their ownership rights," says Coulter, a first-time film director who previously helmed episodes of The Sopranos and Sex and the City...
...recent Krzyzewski talk. "It's about honesty, it's about love, and often times, in the big world, you don't see many leaders get up and talk about things like that." Mack equates Krzyzewski's leadership skills to those of legends like IBM's Lou Gerstner and GE's Jack Welch...
...ballerina who became an early international standout in George Balanchine's famously starless New York City Ballet; in Winston-Salem, N.C. Such was her status in a company known for downplaying individual performers that after she announced her retirement in 1973, Balanchine created a work in her honor, Cortège Hongrois, which remains in the company's repertoire. Blunt, generous and emotional, Hayden, who taught until her death, dazzled in diverse ballets like the bouncy, light-hearted Stars and Stripes, with music by John Philip Sousa, and Illuminations, an allegorical meditation on the life of Arthur Rimbaud...
...recent Krzyzewski speech. "It's about honesty, it's about love, and often times, in the big world, you don't see many leaders get up and talk about things like that." Mack equates Krzyzewski's leadership skills to those of legends like IBM's Lou Gerstner and GE's Jack Welch...