Word: welches
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...important test of his life, sheer doggedness wasn't enough. The son of a GE factory worker, Nardelli, 56, had spent close to 30 years at that company trying to prove himself as CEO material. In November 2000 he lost a two-year, three-way contest to succeed Jack Welch. "To say I wasn't disappointed would be lying," Nardelli says. "You don't train to come in second." Nardelli bounced back to become CEO of Home Depot, a company half the size of GE, a month later. This time his GE management style and determination are paying off. After...
...promote to co-president both Freston, 58, and Leslie Moonves, 54, who ran CBS, filling the vacancy left by Karmazin, 60. Redstone said he would finally call it quits within three years, setting up a horse race for the top job at Viacom, a la GE after Jack Welch retired in 2001. Critical to Redstone, Freston and Moonves are dyed-in-the-wool content guys. Freston, a free-spirited music lover who has served on the board of the Rock and Roll Hall of Fame, engineered the phenomenal success of MTV. Moonves, a hard-charging executive, has turned CBS Television...
Although he had already taken the opportunity to inform Welch, Mazzoleni notified the team of his decision via e-mail earlier today, and the Gamblers announced the hiring at an afternoon press conference within hours of the announcement of his resignation...
...know there’s going to be a lot of qualified applicants applying for the job,” Welch said, noting that the position will probably be filled quickly to ensure recruiting doesn’t suffer. “It’s well known nationally. And Harvard kind of put itself back on the map nationally these last few years. We’re not going to have any problems finding a great, qualified coach for next year...
...disappointed that we did not achieve more,” junior Noah Welch said. “But I’m so proud that we were able to overcome adversity and put together a championship team...