Word: hoeven
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Dates: during 2000-2009
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...calling it "Enron on the Zaan," referring to the river that flows near the headquarters of Royal Ahold, the world's largest food retailer. And while that might be an exaggeration, Ahold has certainly scandalized the Netherlands' normally placid business life. The company's CEO, Cees van der Hoeven, and its finance chief, Michael Meurs, abruptly resigned last week following the discovery that a food-service subsidiary in the U.S. had overstated its operating earnings by at least $500 million. Ahold's stock immediately plunged by two-thirds, erasing €5 billion in value, although it picked up again slightly...
...women on business, a trouble-free environment is key. "Female frequent travelers have concerns about their safety," says Michel Van der Hoeven, manager of Singapore's Gallery Evason. "They always ask to be close to the elevator, to reception." Gallery Evason was the first hotel in Asia to reserve a floor for women, served by female staff, when it opened this spring. Doubles start at $86; to reserve, call (65) 849-8686. Since then, the Novotel Atlantis in Shanghai's Pudong district has set aside its 43rd floor, under the name Club Femme. Doubles...
...head of Asia for Best Western, says the world's biggest hotel chain has yet to find significant demand for female-only facilities. "It's not like women execs need bodyguards," he says. "I really don't think we want to spend money on this." But replies Van der Hoeven: "It's not about money. Look at any hotel. Look at the size of the robe, the slippers: they're based on males. At the end of the day, it's about good service...