Word: thielens
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...million salary and stock options as well as a hefty exit package. Moberg, a Swede who formerly ran Ikea, eventually agreed to take a lower salary and link his bonus to the firm's performance. At Germany's Bertelsmann, one of the first moves by Gunter Thielen when he took over in August 2002 was to abolish the office of the chairman and the post of chief operating officer. Both had been created by predecessor Thomas Middelhoff in an attempt to consolidate power at the firm. "Thielen came in and said, 'Decentralize,'" says a senior Bertelsmann official. "More than anything...
...play a more forceful role at Bertelsmann by, for example, implementing the "fundamental principles of a humanistic corporate leadership," which in practice means avoiding layoffs whenever possible and managing by consensus rather than confrontation. The statements appeared to undermine current management, which has publicly expressed its irritation. CEO Gunter Thielen sent a memo to all Bertelsmann employees stressing that under German law, the executive board members--not the shareholders--are responsible for the management of the company...
Middelhoff's replacement is Gunter Thielen, a 17-year Bertelsmann veteran who heads its successful Arvato division, a printing and business-to-business e-commerce unit. But he previously ran the family holding company, which placed him philosophically close to the Mohns. After taking over last week, Thielen made it clear he was going to slow down the pace of expansion. "It's not the time for great leaps," he told the news agency DPA. "We will deal less and shape more." That could mean some selloffs, possibly of the underperforming U.S. media properties. One deal Thielen will have...
...back in 1992 the U.S., along with most other countries, had signed a treaty committing industrial nations to such a rollback by the year 2000--a point not lost on delegates attending a pre-Kyoto planning conference last week in Bonn. "Disappointing and insufficient," is how Cornelia Quennet-Thielen, head of the German delegation, characterized Clinton's proposals. And the European Union issued a statement saying in part, "The U.S. proposal is for an even lower target than that proposed by Japan, which we already considered inadequate to tackle the problem of climate change...
Three-pointers: MacDonald 4, Carr 2; Condakes 6, James 5. Fouled Out: Carr. Rebounds: New Hampshire 31 (Thielen 10); Harvard 32 (Mitchell 13). Assists: New Hampshire 12 (Thielen 4); Harvard 13 (Campbell 4). Steals: New Hampshire 12 (Lewis 4); Harvard 4 (Rullman 3). Blocks: New Hampshire 2 (Lewis, Davis); Harvard 2 (Rullman, Mitchell). Fouls: New Hampshire 18; Harvard 14, Turnovers: New Hampshire 11; Harvard...