Chief Executive (U.S.)

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

Articles from No. 240, June

A Billion Here, A Billion There
YOU NEED 10-FIGURE LOSSES TO PLAY IN THE BIG LEAGUES. BY JOE QUEENANRemember when a billion dollars still seemed like a lot of money? Neither does anybody else. Consider: A newspaper revered for its ability to articulate the deepest concerns ofthe American...
Banking on a Robust Service Offering
Caught between rising costs for healthcare and increasing pressure on margins, pharmaceutical distribution companies continue to report increased revenues year after year. The reason lies in providing competitive services to customers, identifying competitive...
Business in the Twilight Zone
TO PROMOTE PROSPERITY, GOVERNMENT SHOULD SUPPORT ENTREPRENEURS, NOT PUNISH THEM. BY GARY SHAPIROOur world has turned upside down since August. We are shaking our heads in disbelief. It's not me recession. We understand the business cycle. It's not even...
CEO Confidence Continues to Recover
CEO CONFIDENCE INDEXARE BUSINESS LEADERS BECOMING MORE SANGUINE about the economy? According to Chief Executive magazine's CEO Index, which measured another strong resurgence in May based on 1 53 responses collected from America's top executives, optimism-...
Crony Capitalism
IN ANNOUNCING THE GOVERNMENTS PLAN TO RESTRUCTURE GM, President Obama repeated his intention to keep the government's hands off the steering wheel. "I have no interest in running GM, " he said. "They [management], not the government, will call the shots."...
FIXING Executive Compensation: Right Time, Wrong Approach
As government-mandated pay caps loom, there may be another way to defuse public anger, BY EDWARD E. LAWLER IIIAs a result ofthe executive pay cap in companies taking TARP funding, the door has been opened for increased federal regulation of executive...
From Scrubs to Pinstripes
The recession has not been kind to most businesses but hospitals have fared worse. Although healthcare costs have gone up 10 percent per year in recent years, shooting national costs to 17 percent of GDP, up to one-third of total hospital costs are said...
How I'm Getting Myself through the Financial Crisis
First, a disclaimer. The global financial crisis has engendered a great deal of serious suffering across our country and around tiie world, and what I address here is a minuscule and perhaps inconsequential subset of it But it is the subset into which...
INfact
Information begins with facts, which can be assembled to identify trends. Put it ail together to derive knowledge. Presenting Chief Executive's INfact.1. Total value of the 392 retention bonuses paid to employees of AIG Financial Products between December...
McCEO
Jim Skinner, the man at the pinnacle of the Golden Arches, has developed a leadership and performance recipe that's simple and powerful-and an example for others.The recession has been the graveyard of many CEO reputations. So it may come as a welcome...
PAYING the Piper
Anything is possible as Congress takes aim at corporate compensation.In what used to be called polite society, what other people earned and your own salary were nobody's business. Those days are over for CEOs and other highly paid corporate executives...
Succeeding with Sustainability
Highlights from the Spain/U.S. Business Sustainability Conference.On March 17, 2009, CEOs and world leadersincluding The Prince of Asturias, Felipe de Borbón y Grecia - gathered in New York for the Spain/U.S. Business Sustainability Conference. At the...
The Sanctity of Contracts in a World of Bailouts
Every firmand every CEOthat has received bailout money has to ask itself whether its employment contracts are immune from government revision.Major public dustups have an unsettling way of forcing CEOs, who are often in the line of fire, to ponder funda-...
Trust Is Dead. Long Live Trust
DO YOU HAVE WHAT IT TAKES TO SURVIVE IN A "TRUST ECONOMY"? BY MICHAEL W. KEMPNERIn the midst of economic uncertainty and ongoing threats to our financial system, every company's executives and stakeholders must contend with an unfortunate side effect...
Web 2.0: The ROI Case
"Crowdsourcing," "wikis" and "viral branding" translate into "positive impacts on the bottom line."As BarackObama's stunning presidential victory demonstrated, Web 2.0 platforms like Facebook, YouTube and Twitter are transforming electoral politics....
What a Values-Based Turnaround Looks Like
CEO WATCHOUTSIDERS MAY WONDER WHY DAVITA CEO KENT THIRY DRESSES UP AS A MUSKETEER, SHOUTING "ALL FOR ONE, ONE FOR ALL" TO CLAPPING "CITIZENS" OF 44DAVITA VILLAGE." THERE'S MORE TO IT THAN PLAYACTING A CHARACTER FROM ALEXANDRE DUMAS' NOVELS.Imagine working...
What Is Wrong with CEO Succession?
A seamless leadership transition is undeniably critical, yet only half of CEO turnover in 2007 was planned.Dropping for decades, the typical tenure of a CEO is now between four and five years. In fact, business leaders in some industries only hold their...
Why Succession Is a Continuity Issue
Wf hy is CEO continuity so difficult? ' According to Challenger, Gray's league table of CEO departures of the past 1 2 months the recession has not been kind to CEOs, even though the pace has slowed down since last year. In addition to per- formance...
Your Company Has Changed, Why Hasn't Your Board?
The board that helped you get where you are may not be the board you need to get you where you want to go.When Stephen Hemsley took over as chief executive of UnitedHealth Group in December 2006, he inherited a bit of a governance mess. Since March ofthat...