Chief Executive (U.S.)

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

Articles from No. 199, June

A 'People's Car'?
WHEELSWith its luxury Phaeton, Volkswagen aims up market.It was after a round of golf at a swell private course. The caddies had cleaned off our clubs, we'd gotten out of our spikes and the parking attendants had pulled our cars around.My sleek silver...
Blur Speed
WHEELSSleek and strong, BMW's 645Ci convertible draws much attention.Powering around, top down, along the central California coast in the new BMW 645Ci, I was struck by how much wide-eyed amazement this silver convertible generated wherever we drove.How...
Brains Behind the Brawn
In the complex world of privatized defense, three firms are giving the military its best weapon-technology. BY PETER GALUSZKAAmong the many lessons government agencies learned after hijacked jetliners plowed into the World Trade Center and the Pentagon...
Bye-Bye Beluga?
INNOVATIONATTENTION CAVIAR LOVERS: The beluga sturgeon has been officially deemed a threatened species by the U.S. Fish and Wildlife Service. The April ruling stopped short of a ban, but an international body may severely restrict or outright ban trade...
Cracking China
In a new book, Procter & Gamine tells how it brought consumerism to an untapped market.In the late 1980s, Procter & Gamble launched one of the biggest, most consequential ventures the company had ever undertaken, trying to crack the consumer...
Directors Run Amok at Coke
EDITORIALWE HAVE JUST WITNESSED the perfect example of an independent board of directors managing a CEO succession process. It wasn't pretty. In fact, it was a travesty.The Coca-Cola board includes some high-powered directors, most notably Warren Buffett,...
Feedback
The Health Care BurdenI commend you for your in-depth coverage of health care ("Health Care Meltdown," Cover Story, May). Our nation is terribly uninformed about the industry and what's to blame for its soaring costs. CEOs need to become more involved,...
Have Corporate Reforms Gone Too Far?
THE HIDDEN COSTS OF TIGHTER CONTROLS.Every chief executive officer, chief financial officer, general counsel and director of a public company has been inundated with legal inemos explaining the new rules of corporate governance promulgated under the...
Health Care Crisis
Health care costs are soaring and employees don't want to pay, leaving CEOs with one very expensive problem.Mention "heath care" to the CEO of any large company and the prevailing reaction is an outpouring of frustration. And for good reason. Continuing...
High on the Bull Market
MEDICINAL CANNABIS COMPANIES GOING PUBLIC-WHAT'S NEXT?Spoilsports, curmudgeons, Cassandras and journalists are always on the lookout for signs that the IPO market may once again be overheating. Chastened by the good old New Paradigm Era, when preposterous...
Leader of the Pack
For revolutionizing how business absolutely, positively gets done, Fred Smith of FedEx is the 2004 CEO of the Year.Fred Smith likes to quote Pogo the Possum, who once said in a cartoon strip, "If you want to be a great leader, find a big parade and run...
Military Pinstripes
All hoopla aside, the Armed Forces are getting serious about learning from business. BY RICK NEWMANWhen Maj. Gen. Ross Thompson arrived at the Army's Tank-Automotive and Armaments Command in 2001, he didn't like what he found. The organization, responsible...
Optimism Soars to New Levels
CEO CONFIDENCE INDEXTHE MOOD IS BRIGHTENING. Our latest CEO Confidence Index shows that confidence has reached its highest level since we launched the Index in October 2002. Based on responses from 288 readers, the Index climbed 14.5 points, to 172.8....
Outsourcing Human Resources
WHY YOU WON'T LOSE YOUR SOUL.A recent article in this magazine warned that companies that outsource human resources Functions might take so much out of their core, they could "risk losing heart and soul." The evidence, however, shows that just the opposite...
Q&A: The Art of Disciplined Leadership
Smith is determined to keep FedEx growing.What does it take to he a leader who creates a company and then rides it to become a $25-billion-a-year business? Not many people have all those skill sets.The most important tiling is continual learning and...
Raising the Pay Bar
Under intense pressure, boards are adopting creative measures to tie CEO pay to performance.So long, rest and vest. Hello, pay for performance.It may conic as no surprise that board compensation committees have been under increasing pressure to forge...
Reinvent or Die
How to radically reorganize your company-before it's too late.Thermo Electron was becoming the New York Yankees of acquisitions. "We essentially had 75 small companics that were all selling instruments to laboratories under 75 different company names,"...
The Private Equity Invasion of Japan
Ripplewood and others are shaking up a traditionally closed market.Politicians, bankers and even ice cream-licking punksters on the streets of trendy Shibuya were quietly outraged this past winter when Ripplewood Holdings made a breezy $2.3 billion through...
The Quiet Giant Speaks
Warren Staley, CEO of Cargill, shares his insights on the privileges of privacy.As most CEOs of public companies scramble to reduce exposure to market volatility, terrorism and shareholder suits, America's largest private company boldly heads into markets...
The Slickrock Trail
So much for club sports. In Moab, Utah's mountain-biking mecca, CEOs come to 'shred.'TRAVELA little more than a mile into the Slickrock Trail in Moab, Utah-one of the most breathtaking mountain-biking rides in the world-my nerves began to fray. As I...
The Teachings of Fred Smith
We're very pleased that Fred Smith, who pursued an idea and transformed it into a $25-billion-a-year company called FedEx, is our 2004 CEO of the Year. He joins a group of extraordinary leaders. (See list, page 8.)Just as I learned from Sandy Weill and...