Word: walsh
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...could accuse Willie Walsh of being downbeat in the face of adversity. "Being the CEO is great," says the boss of British Airways with a chuckle. "You get all the credit. And you get to blame other people when things go wrong." He's joking. He has to be, for if he lived by this credo, he'd have been pointing his finger nonstop in recent months...
...real progress that the 45-year-old Dubliner has made at BA since taking over in 2005 as its youngest-ever boss. Adjusting to the scale of the challenge of running Europe's third-largest airline after four years as boss of Irish carrier Aer Lingus "was easy," says Walsh. "I just multiplied everything by 10." Not all of BA's bigger numbers meant better. When he arrived, the company's pension fund was short of almost $3 billion, more than the shortfall at any other major British firm. And payroll for BA's 46,000 staff sucked...
...definitely a tough decision and I talked to [Harvard coach Joe Walsh] about it,” Wilson said. “He was supportive of whatever I decided to do. It’s tough because I lived with some of the guys on the [Harvard] team and I loved living with those guys...
...didn't become a pro head coach until he was 47, but Hall of Famer Bill Walsh made the most of his 10-season NFL career. He transformed the San Francisco 49ers from a long-suffering franchise with a 2-14 record into the winningest team of the '80s, with three Super Bowls in seven years. Before Walsh, conventional wisdom held that NFL coaches needed a loud voice and an iron fist. Walsh was just as likely to appeal to his players' intellect. With his silver hair and professorial mien, he was nicknamed "the Genius." His main invention...
...size of the fine won't have taken Walsh by surprise. In May BA set aside some $700 million to cover the fines and legal bills relating to the OFT and DoJ cases. And though the British fine was a record, it could have been even worse: The OFT was free to fine BA up to 10% of its global sales, which last year amounted to some $17 billion...