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It Was Either That Or "I Will Remember You" by Sarah MacLachlan

Steve Ballmer bid farewell to Microsoft employees today after nearly 14 years as CEO, and he did it in his usual understated fashion. [more inside]
posted by entropicamericana on Sep 27, 2013 - 50 comments

 

One Strategy, One Microsoft, One Xbone

Microsoft CEO Steve Ballmer announced a reorganization of the company today to focus on devices and services. Ballmer said that the goal was to have "One Microsoft" where "our strategy will focus on creating a family of devices and services for individuals and businesses that empower people around the globe at home, at work and on the go, for the activities they value most". [more inside]
posted by wcfields on Jul 11, 2013 - 214 comments

Because clearly he does 1,795x the work

Bloomerg compiles a list of the 250 highest CEO-to-employee-pay ratios, estimated based on publicly available information. They also publish any rebuttals issued by those companies.
posted by Freon on May 1, 2013 - 65 comments

A hapless fool, a few steps behind the rest

Yahoo's Blow to Work-Family Balance: Yahoo! CEO Marissa Mayer, the first pregnant woman to ever become CEO of a corporation, has ordered all telecommuting employees back to the office. (Previously on MeFi)
posted by MattMangels on Feb 26, 2013 - 181 comments

Google’s Marissa Mayer Becomes Yahoo’s Chief

Yahoo CEO: Tim Koogle, Terry Semel, Jerry Yang, Carol Bartz, Tim Morse, Scott Thompson, Ross Levinsohn, Google's Marissa Mayer. Maybe they got it right this time?
posted by NotMyselfRightNow on Jul 16, 2012 - 118 comments

"He doesn't leave anything on the table, does he?"

"He doesn’t leave anything on the table, does he?" John Hammergren is the CEO of McKesson, a major healthcare system and pharmaceutical provider. He earned $145 million last year, not including an employer-contributed $13 million to his executive pension plan (the employee pension plan was shuttered in 1997, before Hammergren's tenure began), unlimited personal use of a corporate private jet, car and chauffeur, and other perks like a lifetime personal assistant and office and financial counselor. In his ten years with McKesson, Hammergren has earned over $500 million. The Daily Beast dives into the extraordinary compensation of the 0.01%. If you're so inclined, the EDGAR filing has the excruciating detail, including bits like this: [more inside]
posted by disillusioned on Jan 4, 2012 - 93 comments

25 Big Corp CEOs Made More Than Their Companies Paid in Federal Taxes

Corporations don't dodge taxes. People do. "The report found that the CEOs of 25 major companies paid themselves more than their companies paid in Federal income taxes. Exhibit 1 on page 31 names and shames them (well, assuming they are capable of shame), and they include John J. Donahoe of eBay, Robert Coury of Mylan Labs, Jeff Immelt of GE, and Robert Kelly of Bank of New York. The New York Times article on the report elicited some not-convincing rebuttals." NYT version [via]
posted by marienbad on Sep 1, 2011 - 72 comments

"Anyone who's not ready for this needs to catch up"

After being involved with the N.B.A for 40 years, Phoenix Suns President and CEO reveals that he is gay. [more inside]
posted by arveale on May 15, 2011 - 69 comments

For the Love of Music

"A ballet dancer needs a mirror to perfect her style, her technique. A singer needs the same -- an aural mirror."
In 1950 and '51, Japan’s first reel-to-reel tape recorders, the "G-Type" (for gov't use) and the "H-1" (for home use) were released by a company named Tokyo Tsushin Kogyo. Music student Norio Ohga was unimpressed by the wobbly sound of "Talking Paper," so he wrote a note complaining to the firm's founders, who hired him. Mr. Ohga never achieved his original dream of becoming a baritone opera singer, but the future President of TTK, (later renamed Sony,) would still make an indelible, global impact on the world of music -- including the development and introduction of the compact disc. Mr. Ohga died on April 24, 2011. [more inside]
posted by zarq on May 4, 2011 - 3 comments

Interchange reform is necessary and it is long overdue.

Open Letter TO JPMorgan Chase CEO Jamie Dimon. The Democrat from Springfield responds to the Chase CEO's letter to shareholders.
posted by boo_radley on Apr 13, 2011 - 39 comments

Control Fraud Theory: When CEOs go bad

Ken Lay & Enron. Bernie Madoff. Bernie Ebbers & WorldCom. What is it about CEOs that makes them uniquely capable of pulling off the most audacious & expensive kind of white collar crime? Control Fraud Theory has the answer. Via the ever-enlightening Bruce Schneier.
posted by scalefree on Nov 8, 2010 - 37 comments

At least it wasn't ritual disemvoweling

"Financial crisis
Stalled too many customers
CEO no more."


Sun Microsystems chief executive Jonathan Schwartz resigns via twitter haiku.
posted by Artw on Feb 4, 2010 - 62 comments

CEO Air Travel Guide

JetBlue's timely introduction to commercial air travel for CEOs only (no minions, lackeys, or "regular" people allowed). Chapter 1, chapter2 and chapter 3.
posted by jim in austin on Mar 18, 2009 - 45 comments

CEO 1$ value menu?

Ford's new Business Plan proposal has been released. Ford CEO Alan Mulally said he'll work for $1 per year if the company has to take any government loan money. [more inside]
posted by Mastercheddaar on Dec 2, 2008 - 90 comments

Occupations' Health Concerns

Should CEO's have to disclose health conditions to the public? The question matters if the person being referred to is Steve Jobs, whose health is under constant scrutiny. Does it matter that the person asking the question is one of Mr. Jobs' biggest critics?
posted by Xurando on Jul 26, 2008 - 25 comments

America's Captains of Industry!

As is the custom these days, GMAC Bank is suing mortgage broker HTFC for selling them improperly secured loans. The deposition of HTFC's CEO Aron Wider reads like a Joe Pesci role with 73 creative uses of the f-word over twelve hours of testimony. A federal judge fined Mr. Wider and his attorney $29K for Mr. Wider's constant use of bad language, insults, refusals to answer questions, and his lawyer's failure to control his client.
posted by uaudio on Mar 20, 2008 - 53 comments

President and CEO

Bloomberg running for prez as an independent? You'd almost have to give it low odds but, as an outside possibility, I find it intriguing.
posted by kliuless on Jun 20, 2007 - 159 comments

In the eyes and mouth

The 100 Most Powerful Women in the world has been an education in showing me the beauty inherent in strength, particularly when a woman has embraced her own sense of power. Look at these red lips, these kohl lined eyes, this frank face full of mischief. These are Queens, Presidents, Prime Ministers, Heads of State, powerful government officials, CEO's and more. Just reading their bios tells you so much about who they are and what they believe in. Would a similar collection of 100 men offer as much to ponder over and respect?
posted by infini on Nov 23, 2006 - 95 comments

On India's Independence Day

Congratulations! Pepsi-Cola's first woman CEO is anointed on the eve of her country of birth's Independence Day. As the US warns India not to ban Pepsi-Cola implying it may impede future economic progress, and India celebrates Independence from the British under heightened security alerts, one wonders how Indra Nooyi will navigate this press relations nightmare?
posted by infini on Aug 15, 2006 - 38 comments

New SEC Executive Compensation Proposal

The SEC has proposed new rules [pdf] to drastically increase requirements on executive compensation disclosure. You can read a summary of the proposal in the SEC's press release, as well as statements from Chairman Cox and Commissioner Atkin. [more inside]
posted by monju_bosatsu on Feb 16, 2006 - 23 comments

It Was the Dumbest of Times

Business 2.0's 101 Dumbest Moments in Business for 2005
Remember this gem? "Women should be all dressed in white, like all other domestic appliances." Personal favorites are #36 and #40 but there's plenty more to enjoy. And the smartest company of 2005.
An update from long ago.
posted by fenriq on Jan 25, 2006 - 18 comments

Carly Fiorina.

The feeding frenzy. Carly Fiorina has been attacked by the media. But, oh no, not because she was a woman. Those who sang her praises now chronicle her demise.
posted by nj_subgenius on Feb 13, 2005 - 49 comments

Would this happen in the US?

CEO of Russia's largest oil company in jail The guy sounds like a crook to be sure; but its an interesting contrast to the US. When was the last time in this country someone with limitless financial resources was thrown in jail? Is Key Lay in jail? How about Bernie Ebbers? (Worldcom getting Iraq contracts is of course another story) Jeff Skilling? With all the talk of crony-capitalism anymore its easy to get desensitized. But to get a reality check on how to treat toplevel white-collar crime from Russia of all places is sobering.
posted by H. Roark on Oct 26, 2003 - 23 comments

ESR's response to SCO CEO

OSI Prez slaps SCO CEO with blogauntlet You know, when Eric S. Raymond speaks, people listen. But I think this particular rant, he wants just one person to listen: Darl McBride, CEO of SCO.
posted by jeddings on Aug 26, 2003 - 19 comments

The Value of a Dollar

It's all about shareholder value. Steve Jobs has received tremendous positive press for only accepting one dollar per year as payment for his CEO services at Apple. How does he do it, you ask? Well, he supplements his income by a) being a billionaire, and b) renting out his corporate jet to Apple, at a cost of over 1.2 million dollars, over the past two years. Which is an exceptionally generous rental fee considering that Apple itself paid $90 million for the jet, which it bought for Jobs in May of 2001. This data was disclosed along in the most recent quarterly report in which Apple announced layoffs of 260 employees, none of whom were given a jet.
posted by jonson on Feb 14, 2003 - 13 comments

The scariest costumes this year represent those that crushed the dreams of many, bilked millions from strangers, and got away. Psycho Killers? Crazed Snipers? No, Forbes gives you: CEO Halloween masks. I know the kids will love going as Martha. It's a good thing.
posted by mathowie on Oct 29, 2002 - 14 comments

This explains everything!

This explains everything! Mystified by the recent flurry of corporate meltdowns? Do you find yourself thinking: "Are those CEOs CRAZY?" Well maybe they are!
posted by BGM on Aug 29, 2002 - 14 comments

You've got Jail is a light hearted, easy summer reading and informative article which explodes the myth that malfeasing CEOs get sent to "Club Fed", a prison so minimum in insecurity that its really like an enforced vacation in the country rather than the more typical round of incarceration. Required reading for the Skillings, Rigas, Taubmens and every college student considering an MBA. (So is the MeFi fascination with Prison life an idle one or am I keeping the wrong company?)
posted by BentPenguin on Jul 30, 2002 - 5 comments

The CEO White House

The CEO White House has yet another CEO with credibility problems. On Mr. O'Neill: "Administration officials "need to bring in someone with real credibility, with a good understanding of economics and who understands politics," said Stephen Moore, president of the Club for Growth, a conservative political action committee."
posted by nofundy on Jul 18, 2002 - 2 comments

Cheney in Numbers.

Cheney in Numbers. It's hard to spin hard cold numbers. Here's a few: *Cheney's 2000 income from Halliburton: $36,086,635 Increase in government contracts while Cheney led Halliburton: 91% *Minimum size of "accounting irregularity" that occurred while Cheney was CEO: $100,000,000 (One hundred MILLION dollars) *Number of the seven official US "State Sponsors of Terror" that Halliburton contracted with: 2 out of 7 *Pages of Energy Plan documents Cheney refused to give congressional investigators: 13,500 *Amount energy companies gave the Bush/Cheney presidential campaign: $1,800,000 I also loved this quote: "Cheney and Bush want privacy for their conversations, but not for anyone else's." --Tony Mauro in USA Today, Feb. 27, 2002
posted by nofundy on Jul 16, 2002 - 25 comments

Keep your CEO out of grad school.

Keep your CEO out of grad school. I found this article to be provocative. Can the performance of a CEO be judged by just one number (i.e., return to shareholders)? Shouldn't the study be controlling for size of firm, industry characteristics, economic cycle etc.? What do you think?
posted by SandeepKrishnamurthy on Apr 29, 2002 - 2 comments

The CEO of Canada's largest book retailer will be pulling Adolf Hitler's Mein Kampf from store shelves and the Chapters/Indigo online store, saying "We consider it hate literature... With freedom of expression, the line is drawn on hate literature." Perhaps MeFites can help her out by compiling a list of other books to remove. Can we get rid of The Anarchist's Cookbook, The Protocols of Zion, and Turner Diaries?
posted by tranquileye on Nov 29, 2001 - 30 comments

"Preserving the environment is a competitive advantage and a major business opportunity."

"Preserving the environment is a competitive advantage and a major business opportunity." So says Bill Ford, former chairman and now CEO of Ford Motor Company (replacing the ousted Jacques Nasser). An admirer of the ecology of Volvos and a "hardcore environmentalist," Bill Ford represents the hope of many with the planet's environment in mind. Can he really be for real? Whether or not, the news is good to hear.
posted by moz on Oct 31, 2001 - 17 comments

Who said execs have it rough?...

Who said execs have it rough?... Poor George Shaheen, former CEO of Webvan. His company expanded in to more markets than necessary, gobbled up HomeGrocer (I loved their commercials and catchy theme song - "Would you like to have something to eat") then spit Dallas and Atlanta out.

Here are sweet details of the deal Shaheen negotiated after stepping down last month. Under the terms of his retirement package, Shaheen will receive 50 percent of his base salary and target bonus for the rest of his life.

All to the tune of $375,000 a year for life.

Sob,
I wonder if Shaheen is Irish. Just curious.
posted by lheiskell on May 15, 2001 - 10 comments


Now, I have nothing but respect for Carly Fiorina.

Now, I have nothing but respect for Carly Fiorina. She's done an outstanding job at HP and deserves to be rewarded. But I've never understood this business of having the CEO also be the chairman of the Board.

The most important job that the Board of Directors has is to decide when to fire the CEO, which I emphasize that Ms. Fiorina does not deserve in the slightest at this time. But that time may eventually come, as it does for all CEOs, and how the hell do you do it if the CEO you're trying to fire is also the chairman of the Board of Directors?

Would Corel be in the mess it's in today if Michael Cowpland had not been on its board?
posted by Steven Den Beste on Sep 23, 2000 - 8 comments

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