Word: marching
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Dates: during 2000-2009
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Frederick "Fritz" Henderson will not have the luxury of a honeymoon phase. The new interim CEO of General Motors - whose predecessor, Rick Wagoner, resigned March 29 at the behest of the White House - inherits a company in disarray. Over the next 60 days, Henderson must engineering some kind of comeback for the sputtering carmaker, amid the glare of the media spotlight and mounting public outrage over disappearing auto jobs. (Read "Will Wagoner's Exit Put GM on the Road to Recovery...
...Henderson became GM's chief financial officer, and in March 2008 ascended to president and chief operating officer - a promotion that left him as Waggoner's heir apparent...
...Analytical, realistic and in a hurry." -John Casesa, managing partner of the Casesa Shapiro Group consulting firm. (New York Times, March...
...colors so firmly to Mr. Wagoner's mast during the drawing up of the GM restructuring plan...I would give him a 50-50 chance, which is not bad given the odds on GM as a whole." -John Gapper, writing on his Financial Times blog about Henderson's promotion, March...
...While the dire economy has taken some of life out of the party - travel website Expedia estimates that flights to spring break destinations in the Caribbean are down as much as 20% this year - the collegiate rite of passage, which traditionally occurs between the first weekend in March and Easter Sunday in April, is still very much in full cry: according to student discount-travel agency STA Travel, the average spring breaker spends $1,100 for their seven-night trip (many of which they will be too drunk to remember). In Florida, while annual visitor numbers dropped for the first...