Chief Executive (U.S.)

Magazine providing full scope of CEO lifestyle and experience. Includes news, CEO profiles, and strategies.

Articles from No. 105, July/August

A Decade of Winners
When CEOs meet to examineother CEOs, onwhat do they base theirjudgments? Excellenceis, to some degree, subjectivebut not arbitrary.Stellar financial performance alone, for example, has never tilted a panel toward a finalist. The last 10 years have seen...
A Glass Act
One may be forgiven for not immediately identifying David D. Glass from a lineup of leading executives as the CEO of the world's largest and most successful retailer. The Mountain View, MO-born Glass is unlikely to don a Hawaiian grass skirt and dance...
Atmel's Chips and Blips: Forewarned Is Forearmed
Not long ago, Atmel's stock whipsawed between dramatic highs and lows. A CEO-CFO collaboration smoothed some of the spikes. After the integrated circuit manufacturer went public early in 1991 at $6.50 per share, its stock price jumped nearly 50 percent....
Bottoms Up: Controlling Government Health-Care Costs
Suppose your daughter needs a new pair of jeans. You might give her your credit card with instructions to buy whatever jeans she likes best. Or, you might give her $50 and tell her to buy whatever jeans she likes and keep the change. Which approach makes...
Brazil's Economic Domino
The inauguration of Fernando Henrique Cardoso as president of Brazil has raised dramatic expectations about the possibility, finally, of fundamental changes in that country's economics and politics. Will he succeed? While Cardoso and his team have been...
Charting a Moral Course
A moral compass is exactly what C. William Pollard hopes ServiceMaster's 35,000 employees will find when they walk through the doors of the company's Downers Grove, IL, headquarters. "To Honor God in All We Do" is etched in stone in the building's lobby....
Eli Hurvitz
Eli Hurvitz studied economics, not medicine, but for nearly two decades he's been the chief doctor at Teva Pharmaceutical Industries. Hurvitz, who became CEO in 1976, has built Teva into Israel's largest drugmaker and a top player in the scrappy, high-stakes...
Engines of Growth: Benchmarking CEO-CFO Collaborations
In conjunction with Chief Executive, we have tracked in recent years the investment performance of the CE 100--a set of companies that posted superior stock-price gains over a three-year period. Working from a premise that stock-price performance is...
Have We Lost Our Moral Compass?
Since 1960, the social science data show a peculiar twist. Population has increased 41 percent; the gross domestic product has nearly tripled; and total levels of social spending by all levels of government measured in constant 1990 dollars have risen...
Integrating Technology with Human Resources
Highly paid management consultants constantly remind us that employees are our most valuable resource. However, we rarely treat human resources management as strategically important, often overloading the HR department with paperwork and procedures instead...
Norman E. Gaut
Can Norm Gaut keep up the high-wire act?Since taking over as president and CEO of Dancers, MA-based PictureTel in 1985, he has catapulted his company to the forefront of the hot corporate videoconferencing market. PictureTel revenues jumped 45 percent...
Notes from Underground
of the tried-and-true stunts in broadcast news is to send an anchorman out on an undercover mission where he pretends to be a bag person, a garbage collector, or a migrant worker just to find out how the other half lives. At the end of the week, the...
One Nation under God
ALIEN NATION: Common sense About America's Immigration Disaster By Peter Brimelow. Random House, 327 pp., $24.Like Charles Murray's recently published "The Bell Curve," "Alien Nation" has stirred incendiary comment, including charges of racism, from...
Re-Engineering the Board
For some time, I have suspected that major corporate-governance changes were shaking up U.S. boardrooms. The publication of the Korn/Ferry 1995 Survey of Directors recently confirmed this hunch. Having re-engineered everything else in sight, American...
Sir Rocco Forte
In a party worthy of the ancients, at the and opening of Forte plc's Hotel Eden in Rome, Margaret Thatcher mingled with mortals, including those painted gold and hired to pose virtually naked as living statues. The $16 million dollar Eden renovation...
The CEO's Choice
"There are a lot of awards for a lot of reasons, but until now none from your peers," said Roger Smith of General Motors when he accepted the first Chief Executive of the Year award in 1986.It's still true. CEOs receive recognition for many things--some...
The Devil Made Me Do It
"You have sold your souls," Sen. Robert Dole (R-KS) thundered in a recent speech, prepared for delivery in Los Angeles. "Must you debase our nation and threaten our children as well?"Dole was sending a message to Time Warner CEO Gerald Levin, who has...
The Ethics Patrol
Imagine driving into work one morning and finding FBI agents wheeling file cabinets out of your corporate headquarters while TV cameras record the scene. That was the situation I confronted in August 1993, just three months after I took over as chairman...
The Last Secretary of Energy
Hazel O'Leary says the Department of Energy is too big to fail. Wanna bet?No one would deny that Bill Clinton's cabinet has been plagued by allegations of scandal and blunder. Recall Ron Brown's messy finances, Henry Cisneros' payments to his mistress,...
Transitions
Joseph A. Baute, 67, was named chairman of Nashua Corp., a manufacturer of imaging technology supplies based in Nashua, NH. The former chairman and chief executive of Markem Corp. succeeds Charles E. Clough, 64, who retired.* Gabriel R. Cipau, 55, was...