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...offices in 42 countries, Noble is the second largest coal merchant in the world and a major exporter of Asian-grown coffee. One of its latest lines is ethanol, an alternative fuel made from agricultural products that is becoming more attractive as oil prices rise. Noble is a large investor in ethanol factories in the U.S. "We have to constantly reinvent ourselves since markets are always changing," says Elman...
RESIGNED. Bob Nardelli, 58, as chairman and CEO of Home Depot, the world's largest home-improvement chain; in the wake of investor anger over his $200 million--plus pay package during the past six years while Home Depot's stock price sank; in Atlanta. Nardelli had refused to discuss his salary, even at the company's contentious annual meeting last year, at which he was the only board member in attendance. Although Home Depot's market capitalization fell $5.6 billion in 2006, Nardelli received a $210 million severance deal...
...expression of the alumni were, I think, unanimous that the goals of Larry Summers—or at least articulated by Larry Summers—are definitely what should be done,” says prominent New York real estate investor Peter L. Malkin ’55, whose name adorns the Malkin Athletic Center...
Other donors agree that their voices are being heard. Former HAA President Charles L. Brock, a prominent New York lawyer, says that outreach to alumni donors “has been really well orchestrated.” And real estate investor Kenneth G. Bartels ’73 says he “was rather impressed” by the search committee’s outreach effort after he attended a dinner in New York organized by Houghton and search committee member Frances D. Fergusson, a member of the Board of Overseers and a former Vassar College president...
...Kenneth G. Bartels ’73, a real estate investor and donor, said that “whether she or he is an insider is interesting, but I wouldn’t put it anywhere near the top of the list...