Chief Executive (U.S.) articles from April 2002

Chief Executive (U.S.) archives from April 2002

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April 1, 2002... On Target I'm not sure whether it's just my imagination or not, but the February issue seemed to be much more on target with the CEO issues I'm interested in as a reader. There were so many "up-close-and-personal" profiles of CEOs and how...

Lead, follow and get out of the way. (Editor's Note).(more CEOs less jobs)(Brief Article)
April 1, 2002... This most atypical of recessions--which may or may not have been a recession, which may or may not be over--has been absolutely typical in one key respect: CEOs are losing their jobs at a rapid clip. In a post-Enron business climate, investors...

Disaster publicity brings TV fame: career path less traveled. (CEO Watch).(Crucible Security Specialists' Kelly McCann)(Brief Article)
April 1, 2002... Since September 11, the CEOs of many security firms have benefited from the serendipitous role disaster plays in their businesses. But few have been able to parlay their newfound visibility into a public position like Kelly McCann. A...

A new Marlboro Man. (Arrivals).(Philip Morris Companies Inc.'s Louis Camilleri)(Brief Article)
April 1, 2002... LOUIS CAMILLERI ISN'T even officially CEO of Philip Morris Cos. until April 25. But he's already received a healthy dose of prodding from outspoken consumer advocates calling for the demise of the famed Marlboro Man. Camilleri, 47,...

A brother and a boss: heir apparent. (CEO Watch).(Scotts Co.'s executive vice president Jim Hagedorn)(Brief Article)
April 1, 2002... Family businesses can be very difficult, concedes Horace Hagedorn, the 87-year-old patriarch of Stern's Miracle-Gro Products, now part of The Scotts Co. All but one of Horace's six children began their careers at Miracle-Gro, which went...

Executive salaries. (Survey Says!).(U.S. Department of Labor report)(Brief Article)(Statistical Data Included)
April 1, 2002... EXECUTIVE SALARIES HAVE grown at a rate of 29 percent since 1968, compared to 20 percent for the average worker, in 1968, the highest-paid executive earned $795,000, while the average worker earned $5,602 per year. Today, the highest-paid...

Truth saying in bankruptcy: strategies of the fittest.(Sitrick and Co.'s Michael Sitrick advises on Chapter 11 and public relations)(Brief Article)
April 1, 2002... With a record 257 public companies worth a combined $256 billion in assets filing for Chapter 11 protection this year, according to research company Bankruptcy Data.com, some advice on how to manage corporate communications during a bankruptcy...

Will Boylan Yahoo? (Departures).(Dimitri Boylan's future following Yahoo! Inc.s' acquisition of HotJobs.com Ltd.)(Brief Article)
April 1, 2002... WITH THE DOT-COM shakeout in full gear, CEOs of acquired companies need to keep their options open. This is especially true if the buyer is Yahoo!, which in January acquired online job board company HotJobs for $436 million. If Yahoo!'s...

Marketing by the numbers. (Chief Concern).(chief marketing officers and brand management)(Brief Article)
April 1, 2002... As a former chief marketing officer, I remember when the CMO job was thought to be a lot simpler. Essentially, the chief marketer was expected to create an ad, get it to the consumer through one of the few available media and then sit back and...

Fortress USA. (Capitol Ideas).(United States; international trade and commerce)(Brief Article)
April 1, 2002... In the mid-1990s, visitors to the Commerce Department were often ushered into the frenetic "war room," established as a command post for American business at a time of intense international economic struggle. From scores of computers,...

The Enrons of Russia. (Market Horizons).(questionable political relations of Russian oil companies)(Brief Article)
April 1, 2002... Readers of Russian newspapers were not at all surprised by recent stories about Enron. During the '90s, Russian energy companies were notorious for cooking their books, defrauding their shareholders and using political connections to cover...

What Wall St. hates to hear: top executives downplay earnings guidance--some have kicked the habit altogether--and may force the market to go cold turkey with them.(Cover Story)(Statistical Data Included)
April 1, 2002... To the evident chagrin of many analysts, and even before the recent stew of accounting scandals came to a boil, a small group of high-profile corporate chiefs stopped answering questions about what they expected their companies would earn next...

Under the knife: executives and boards at this year's shareholder meetings should expect constituents to dissect business practices with new fervor. (Investor Relations).
April 1, 2002... Annual shareholder meetings, historically dull affairs, this year are expected to be heated, as companies struggle to readjust in the wake of recent corporate developments that pit shareholders against executives and boards like never before....

Tools for turnarounds: when companies face their toughest times, boards call in the specialists with the skills to woo back Wall Street and the stomach for tough measures. (Management).(Statistical Data Included)
April 1, 2002... Imperial Sugar Chairman and CEO Bob McLaughlin is a turnaround specialist, a rare breed of corporate leader in higher-than-ever demand now that the economy is reeling. McLaughlin and his peers have singular skills and career appetites that...

Dial's chief of cleanup: Herb Baum has the soap maker looking shiny and new. Now he needs to find a buyer. (Turnaround).(Statistical Data Included)
April 1, 2002... As a Dial Corp. board member, Herb Baum was not surprised to learn in August 2000 that the board was planing to oust CEO Malcolm Jozoff. Jozoff made numerous acquisitions that saddled the company with nearly $660 million in debt, not exactly...

The real cost of firing a CEO: showing top execs the door can be an expensive proposition -- and not just because of hefty severance packages. (Corporate Governance).(Statistical Data Included)
April 1, 2002... When G. Richard Thoman resigned from Xerox Corp. after only 13 months as CEO in May 2000, the struggling photocopier company reached deep into its pockets to see him off. Thoman had left under pressure from dissatisfied board members of...

Bagging profits: freshly picked from GE, Albertson's top boss Larry Johnston is pushing new ideas. Time will tell if this super marketer's initiatives ring up. (Profile).(Statistical Data Included)
April 1, 2002... Inside the staff lounge of a recently opened Albertson's supermarket in the San Francisco suburb of Hayward, Calif., CEO Larry Johnston is giving about three dozen employees of the grocery and drugstore giant a piece of his mind. "We are...

Sense and sensibility: Maria Eugenia Giron applies the latest Harvard MBA thinking to classic Spanish jewelry maker Carrera y Carrera. (Regional Report: Europe).
April 1, 2002... Manuel Carrera proudly shows off a stingray he has sculpted in silver, encrusted with a natural geode that seems to grow out of it to form its wings. It's a bit on the florid side, but it's an impressive piece of workmanship. Carrera y Carrera...

The unmighty Euro: one view on why the pan-European currency is good for the pioneers of the profit culture--American CEOs. (Essay).(Brief Article)(Statistical Data Included)
April 1, 2002... The dollar has never looked so good--literally. Since Jan. 1, when the euro replaced the currencies of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain, the greenback, that...

After the hype: there's hope yet for B2B exchanges. It's all about reaching customers--and giving them what they want. (Technology).(Statistical Data Included)
April 1, 2002... CEOs once leapt at the chance to join business-to-business exchanges, fearing they would lose competitive advantage to early adopter rivals if they didn't move quickly. Lured by promises about the dollar volume that would change hands online...

Ordering out is back in style: outsourcing. (CEO Tech).(Brief Article)
April 1, 2002... It was the summer of 2000 and Fred Moore didn't have a lot of time to think about technology. The president and CEO of Wausau Benefits was busy heading a management-led buyout from Wausau Insurance and Liberty Mutual--and he had six months to...

Meeting up in 3-D. (Gizmos and Gadgets).(Brief Article)
April 1, 2002... THESE DAYS, WHEN a CEO wants to rally distant troops, he can expect a round-trip ticket and some hard travel. But Dallas-based Teleportec is out to change all that. Using a high-speed Internet connection and some new digital light...

The rules of golf in the Spring: cell phones are out; compliments for good shots are in. (Executive Privilege).(Brief Article)
April 1, 2002... Christine Jacobs says it is Northern California's cool and breezy climate that makes Pebble Beach her favorite place to play in the spring. The CEO of the Theragenics Corp., a $50 million company that manufactures and distributes a device used...

Send in the pros. (Flip Side).(computer hackers)(Brief Article)
April 1, 2002... Not long ago, the Manhattan Institute's prestigious City Journal published a controversial article encouraging the United States government to recruit youthful computer hackers to help fight the war against terrorism. The article, written by...

The future of globalization. (Survey Says!).(Brief Article)(Illustration)(Polling Data)
April 1, 2002... The Future of Globalization TO WHAT EXTENT DO YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS? Strongly Somewhat Somewhat Strongly disagree disagree agree...