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

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

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

"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

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