Word: heade
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...Until 2005, Greenberg was the head of both AIG and Starr, which was one of a number of companies that were the predecessors to the modern AIG. When AIG was formed in the late 1960s and taken public, Starr was given hundreds of millions of shares of the new company. Controlled by AIG executives, Starr was given the shares as a defense against hostile takeovers of the insurance giant. Five years later, Starr set up the disputed long-term compensation plan that for many years rewarded AIG executives from Starr's trove of company stock when the insurer's profits...
...capacity instigated in late 2008. Management bonuses have been shelved. Unpaid leave and temporary or permanent part-time work, meanwhile, have been on the table since last month. And talks with unions are continuing over how to squeeze staff costs still further - BA's head count has already fallen by 2,500 since last summer. (Read "British Airways: Cabin Pressure...
...century - enough to put much of Florida, including the Everglades and the Keys, under water. "Much of the foot-dragging on addressing climate change reflects the perception that it is way down the road and only affects remote parts of the planet," says Jane Lubchenco, head of the National Oceanic and Atmospheric Administration, which contributed to the study. "This report demonstrates that climate change is happening now and in our backyard...
...nano task of reducing the center's $6.1 million budget by as much as 20 percent while seeking to maintain the quality of its research opportunities. Colleagues praised Spaepen both for his administrative experience and his background as a material scientist. “I think he enjoyed being head of [Harvard's] Rowland Institute, but he has sort of a sense of duty and responsibility to make things work well,” said Applied Physics Professor Robert M. Westervelt. “It can get kind of hard to cut [costs], and he can handle it carefully...
...housing spread among more desirable Victorian terraces. While the students at the Aziziye madrassa say they enjoy the ICE classes, it's clear that, as for other young urban British Muslims, their most immediate concerns are the threats of crime, drugs and racism. Radicalism, says Sumeyye, 12, shaking her head resolutely, "That is not Islam." For those tempted to disagree, the government hopes the new citizenship lessons will help change their minds...