Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $29,554
33%  
Woo hoo!! And the first 33% is in!! Thank you all very much!! God bless.

Keyword: ceo

Brevity: Headers | « Text »
  • Corporate CEOs Must Heed Election Results, Too

    11/03/2010 9:10:21 AM PDT · by jazusamo · 11 replies
    National Legal & Policy Center ^ | November 3, 2010 | Peter Flaherty
      The electorate’s repudiation of Barack Obama and his Congressional allies was not only a rejection of Big Government, but also of business elites who were buffeted from the downturn by political dealing at the expense of ordinary people.Unless Corporate America heeds the election results, it too will risk the wrath of an informed and energized public. Here are CEOs who must pay attention to what happened yesterday:Pfizer CEO Jeffrey Kindler- Not only did Kindler (above) lead the charge of Big Pharma CEOs for ObamaCare, he actually got a multi-million dollar bonus from Pfizer for doing so. This is...
  • NPR CEO who fired Juan Williams runs away from O’Reilly Factor ambush interview

    10/26/2010 4:27:40 AM PDT · by Suvroc10 · 28 replies
    Examiner ^ | October 26, 2010 | Marc Schenker
    The NPR CEO who fired Juan Williams runs away from an O’Reilly Factor ambush interview. For anyone who’s ever watched the O’Reilly Factor from time to time, you know that one of the highlights of O’Reilly’s brand of journalism is taking the interview to the guest, if the guest is a major-league coward who’s too afraid to enter the so-called "No Spin Zone." As it just so happens, NPR CEO Vivian Schiller, the villain responsible for the Juan Williams firing out of political correctness and liberal double-standards, fits the brand of "coward" perfectly. So after less than a week of...
  • Stuffing Their Pockets (For America's CEOs, a very lucrative recession)

    09/06/2010 6:10:06 AM PDT · by SeekAndFind · 68 replies
    Newsweek ^ | 09/06/2010 | Rana Foroohar
    One of the most startling things about the post-crisis landscape is how tone-deaf the wealthiest Americans remain to outrage over their Croesus-like pay packages. The award for complete obliviousness would have to go to Blackstone cofounder Stephen Schwarzman, who earlier this summer compared government attempts to raise taxes on financiers such as himself to Hitler’s invasion of Poland. Silver medals should certainly be handed out to the many executives and corporate lawyers who were grousing last week about the new Dodd-Frank bill, which includes a rule requiring companies to disclose the difference in pay between their chief executive and their...
  • Want To Make A Lot Of Money As A CEO? Fire People

    09/05/2010 11:23:29 AM PDT · by SeekAndFind · 50 replies
    Business Insider ^ | 09/05/2010 | Vincent Fernando, CFA
    CEOs who fire people tend to make more money. That's been the trend recently, according to 'CEO Pay and The Great Recession' from the Institute for Policy Studies. IPS: The 50 top CEO layoff leaders received $12 million on average in 2009, compared to the S&P 500 average of $8.5 million. Each of the corporations surveyed laid off at least 3,000 workers between November 2008 and April 2010. Seventy-two percent of the firms announced mass layoffs at a time of positive earnings reports. ... At a time when we should be pulling together to strengthen our shared economic futures, CEOs...
  • Why CEO's Get Fired

    09/05/2010 9:12:11 AM PDT · by unixfox · 4 replies
    allbusiness.com ^ | June 30 2005 | Lisa Haneburg
    The full article has been removed, but, who does this remind you of. According to an article dated June 30 2005, it states the reason CEO's get fired is because: 31 percent of CEOs get fired for mismanaging change 28 percent get fired for ignoring customers 27 percent get fired for tolerating low performers 23 percent get fired for denying reality 22 percent get fired for too much talk and not enough action
  • The More Jobs You Cut, the Higher Your Pay (When in doubt, do mass layoffs, reward shareholders)

    09/02/2010 1:14:26 PM PDT · by SeekAndFind · 23 replies
    Motley Fool ^ | 09/02/2010 | Alyce Lomax
    Since our ugly economic maelstrom begun, the companies responsible for shedding the largest numbers of workers have the highest-paid CEOs at their helms. Clearly, there's something wrong with this picture. This unpleasant finding headlined the Institute for Policy Studies' (IPS) report, CEO Pay and the Great Recession. Shareholders need to think about whether incentivizing management brutality is really the best path toward bettering corporations' long-term prospects. When leaders aren't heroes The IPS report shows that corporate America's "layoff leaders" are making out like bandits. CEOs who presided over the worst mass layoffs earned almost $12 million on average last year,...
  • G.M. CEO to feds: We’re tired of being “Government Motors” so how about selling your shares?

    08/07/2010 10:41:38 PM PDT · by Nachum · 48 replies · 1+ views
    Hot Air ^ | 8/7/2010 | Allahpundit
    They’re preparing an IPO and want the feds’ shares — all of the feds’ shares — to be part of it. Treasury’s considering it, but you know how it is: Once you’ve got hold of something special, it’s … so hard to let go. “We want the government out, period,” Mr. Whitacre said in comments after speaking at an automotive conference in northern Michigan. “We don’t want to be known as Government Motors.”… Eliminating government ownership, he said, would be good for employee morale and would improve G.M.’s image. While unusual, selling all the shares during an initial offering is...
  • Larry Ellison and Steve Jobs among America's five highest-earning CEOs

    07/27/2010 3:21:55 PM PDT · by Dan B Cooper · 16 replies · 2+ views
    zdnet ^ | 27 July, 2010 | Jack Schofield
    Oracle’s Larry Ellison has come top of a list of the 25 highest-paid executives of public companies during the past decade, according to a Wall Street Journal analysis. He made $1.84 billion. His friend Steve Jobs, boss of Apple, came fourth with $749 million. In this case, pay includes “salaries, bonuses, perks and realized gains on both restricted stock and stock options”. The “realized gains on options accounted for 97% of Mr Ellison's total compensation,” says the Journal. Most of Jobs’s income comprises the $647 million gain on restricted stock that vested in 2006. This means he actually earned his...
  • Vanity: Watching Hannity about CEOs who voted for Zero!

    07/09/2010 6:10:37 PM PDT · by C19fan · 17 replies · 1+ views
    Watching Hannity with a guess host. One of the guests mentioned he talked with a "captain of industry" who was a Zero supporter. Supposedly this "captain of industry" claimed he was not voting for new entitlements, higher taxes, redistribution of wealth, and more regulation. Jeez. Sort of funny 100% of Freepers knew exactly who Zero was and is and this "captain of industry" was so ignorant and fool.
  • Walmart CEO Pay: More in an Hour Than Workers Get All Year?

    07/02/2010 6:27:25 PM PDT · by Bad~Rodeo · 265 replies
    ABCNEWS ^ | July 2, 2010 | ALICE GOMSTYN
    Walmart Executive-Worker Pay Gap Strikes Chord in Chicago and Beyond By Ed Smith's math, the CEO of Walmart earns more in an hour than his employees will earn in a year. Smith, an alderman in Chicago, presented posters at a city council meeting showing that Walmart CEO Michael Duke's $35 million salary, when converted to an hourly wage, worked out to $16,826.92. By comparison, at a Walmart store planned for the Windy City's Pullman neighborhood, new employees to be paid $8.75 an hour would gross $13,650 a year. Smith's numbers could be a bit off. Equilar, an executive compensation research...
  • White House criticises BP CEO over yacht race

    06/19/2010 1:38:39 PM PDT · by Free ThinkerNY · 67 replies · 1,303+ views
    Reuters ^ | June 19, 2010
    (Reuters) - The White House renewed its sharp criticism of BP (BP.L) (BP.N) CEO Tony Hayward after he attended a yacht race off the English coast on Saturday as his company struggles to plug its huge Gulf of Mexico oil leak. "This has just been part of a long line of PR gaffes and mistakes," White House Chief of Staff Rahm Emanuel said in an interview taped for ABC's "This Week" week program, referring to Hayward. Sheila Williams, a spokeswoman for the energy giant, said Hayward attended the boat race at the Isle of Wight, saying he was spending some...
  • BP CEO Tony Hayward to Hand Over Day-to-Day Control of Gulf Cleanup Operations

    BP's chairman Carl-Henric Svanberg has revealed to Sky News that embattled chief executive Tony Hayward is to have a changed role in dealing with the oil spill, SkyNews.com reported. Asked about Hayward's ongoing role, Svanberg said: "He is now handing over the operation to Bob Dudley." Dudley is the managing director of the oil giant.
  • Obama Says He Would Have Fired BO CEO

    06/08/2010 5:21:55 PM PDT · by Starman417 · 29 replies · 55+ views
    Flopping Aces ^ | 06-08-10 | DrJohn
    From The Hill BP's chief executive wouldn't have a job if President Barack Obama were in charge of the oil company, the president said Tuesday. "He wouldn't be working for me after any of those statements," Obama said during an interview on NBC's "Today" show, referencing comments made by Hayward in which said he wanted his pre-spill life back. Obama emphasized that administration officials were constantly in touch with the chief executive and other top officials at BP. Read more at floppingaces.net...
  • Political ads are tough sell for image-conscious corporations

    06/01/2010 11:07:40 AM PDT · by jazusamo · 5 replies · 137+ views
    WaPo ^ | June 1, 2010 | Carol D. Leonnig
    All over the country, corporate CEOs and trade groups are asking their lawyers the same question: How can we get our companies involved in this political election season without leaving tracks? After a landmark Supreme Court ruling this year freed executives to spend unlimited corporate cash on campaigns, some predicted that businesses would flood television airwaves with pro-industry political ads -- but that just hasn't happened yet. Image-sensitive corporations are still trying to make sure that, if they jump into 2010 politicking, they do so as anonymously as possible, according to Republican political operatives and trade group leaders. Many corporate...
  • WH releases list of CEOs who dined with Obama

    05/03/2010 8:57:51 PM PDT · by Nachum · 11 replies · 856+ views
    the hill ^ | 5/3/10 | Jordan Fabian
    The list of attendees at President Barack Obama's dinner with CEOs was released Monday evening. Obama dined with members of the Business Council, a group of 150 chief executives of leading private-sector companies. The president was expected to make his pitch for financial regulatory reform legislation, as well as solicit advice on how to grow the economy. Guests convened at 6:45 p.m. in the State Dining Room, but a list of attendees was only released after the dinner began. Several participants have drawn attention during the Obama administration.
  • Apple CEO Steve Jobs named to TIME Magazine’s 100 Most Influential list (cover photo includes Palin)

    05/03/2010 5:01:47 AM PDT · by anita · 60 replies · 1,848+ views
    Mac Daily News ^ | Mon, May 03, 2010 | Macdailynews
    Apple CEO Steve Jobs named to TIME Magazine’s 100 Most Influential list (with cover photo). • Leaders: Sarah Palin, Manmohan Singh and other global movers and shakers • Heroes: The inspiring feats of an urban farmer, an air-traffic controller in Haiti and icons like Bill Clinton • Artists: Lady Gaga, Conan O'Brien and others who make us dance, giggle and retweet • Thinkers: Steve Jobs plus scientists, statesmen and a Supreme Court Justice
  • Former Fannie Mae CEO Admits Failings

    04/09/2010 8:15:25 AM PDT · by Kartographer · 10 replies · 466+ views
    WSJ ^ | 4/9/10 | NICK TIMIRAOS
    Former Fannie Mae executives largely attributed their company's demise to an "impossible" balancing act to satisfy private shareholders and a public mission, in testimony prepared for a congressional hearing. "I wish I could have maintained the delicate balance of the roles assigned to Fannie Mae, and I am sorry that I could not," ex-Fannie Chief Executive Daniel Mudd said in written testimony for Friday's hearing before the Financial Crisis Inquiry Commission. The former Marine and current chief executive of private-equity firm Fortress Investment Group LLC ascended to the top job at Fannie in 2004 after an accounting scandal prompted a...
  • Alcoa Sees $80M Charge for ObamaCare

    04/05/2010 4:44:50 PM PDT · by Need4Truth · 47 replies · 2,169+ views
    The Street.com | 04/05/10 | TSC Staff
    NEW YORK (TheStreet) -- Alcoa (AA) said it expects to take an $80 million charge to cover costs associated with new health care legislation, according to a filing with the Securities and Exchange Commission.
  • Democrats Decry Corporate Revelations on Obamacare

    04/03/2010 9:45:39 PM PDT · by John Semmens · 10 replies · 565+ views
    A Semi-News/Semi-Satire from AzConservative ^ | 3 April 2010 | John Semmens
    The wave of corporate announcements of the special multimillion dollar charges to their income statements that will be necessary to account for the costs of the newly enacted healthcare legislation has sparked anger among Democrat leaders. Obama Administration Secretary of Commerce Gary Locke called the announcements “unpatriotic.” “Although these kinds of adjustments to company earnings may be required under Securities and Exchange regulations, there’s no need for them to be so public about it,” Locke complained. “If people start to think that the new law is more of a burden than a benefit they may turn against the President. So,...
  • Dems to grill execs after health-tax whacks (Embarrassing Nostrilitis should be easy)

    04/02/2010 6:37:35 AM PDT · by Libloather · 27 replies · 947+ views
    NY Post ^ | 4/01/10 | S.A. MILLER
    Dems to grill execs after health-tax whacksBy S.A. MILLER, Post Correspondent Last Updated: 6:25 AM, April 1, 2010 WASHINGTON -- Adding insult to injury, Democratic leaders are hauling CEOs from major corporations before Congress to defend writing off billions of dollars because President Obama's health care overhaul whacks them with a new tax. Rep. Henry Waxman (D-Calif.), chairman of the House Energy and Commerce Committee, fired off a letter to top executives at John Deere, Caterpillar, Verizon and AT&T, calling them to testify about the announced earnings losses caused by a new tax on retiree drug benefits. "The new law...
  • Michelle Malkin: It’s Time For a Spartacus-Type Revolt!

    04/01/2010 9:59:17 AM PDT · by iloveamerica1980 · 13 replies · 685+ views
    Dittos Rush! ^ | 4-1-10 | James
    Video of Malkin on Hannity: "Every business owner in America should show up and stand up with those business owners and expose the costs of this DemCare burden." Amen!
  • AT&T Sees $1 Billion Healthcare Related Charge

    03/31/2010 7:44:05 AM PDT · by SeattleBruce · 37 replies · 1,038+ views
    NEW YORK (Reuters) ^ | 3/26/2010 | NEW YORK (Reuters)
    NEW YORK (Reuters) - AT&T Inc said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes. AT&T's charge appeared to be the largest in a series of charges announced by U.S. companies this week. A House Energy and Commerce subcommittee said on Friday it will call on the chief executives of AT&T, Caterpillar , Verizon and Deere to testify on April 21 about how the reform might adversely affect...
  • Aetna CEO warns: Expect price hikes, bankruptcies, and policy changes

    03/29/2010 12:10:19 PM PDT · by RobinMasters · 41 replies · 2,431+ views
    Hot Air ^ | MARCH 28, 2010 | ED MORRISSEY
    “If you like your doctor, you can keep your doctor … If you like your coverage, you can keep your coverage.” Barack Obama repeatedly offered these promises to audiences across the US in campaigning for ObamaCare, but Ron Williams, CEO of Aetna, begs to differ. Williams provides health insurance to over 36 million people, and he has one message for Charlie Rose and the US — expect change: Will insurance premiums go up?The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first...
  • Obama in Rude Denial (CEOs: He's Clueless!!!)

    03/29/2010 11:56:06 AM PDT · by teddyballgame · 108 replies · 5,006+ views
    American Spectator ^ | 3/29/10 | The Prowler
    <p>"Most of these people [in the Administration] have never had a real job in their lives. They don't understand a thing about business, and that includes the President," says a senior lobbyist for one of the companies that announced the charge. "My CEO sat with the President over lunch with two other CEOs, and each of them tried to explain to the President what this bill would do to our companies and the economy in general. First the President didn't understand what they were talking about. Then he basically told my boss he was lying. Frankly my boss was embarrassed for him; he clearly had not been briefed and didn't know what was in the bill."</p>
  • New government thuggery as Congress attacks corporations disclosing increased O’healthcare costs

    03/28/2010 4:31:06 PM PDT · by Starman417 · 45 replies · 1,761+ views
    Flopping Aces ^ | 03-28-10 | Mataharley
    Were it not enough that a representative body slid a major entitlement program thru budget reconciliation rules, and on a partisan vote, Congressional thuggery tactics have soared to a new high. Powerline has copies of a letter from Henry Waxman, chair of the House Committee on Energy and Commerce, demanding that AT&T, and other companies who have publicly disclosed the fiscal repercussions of O'health care, appear before the committee and bring their analyses of the fiscal impact, and any documents including emails and messages reviewed by their senior officials that support their claim of increased operating costs. Translation? CEOs, as...
  • Democrats threaten companies hit hard by health care bill

    03/28/2010 11:05:23 AM PDT · by Nachum · 52 replies · 1,726+ views
    Washington Examiner ^ | 3/28/10 | Byron York
    Rep. Henry Waxman, chairman of the House Committee on Energy and Commerce, has summoned some of the nation's top executives to Capitol Hill to defend their assessment that the new national health care reform law will cost their companies hundreds of millions of dollars in health insurance expenses. Waxman is also demanding that the executives give lawmakers internal company documents related to health care finances -- a move one committee Republicans describes as "an attempt to intimidate and silence opponents of the Democrats' flawed health care reform legislation." On Thursday and Friday, the companies -- so far, they include AT&T,...
  • Dems send late-night letters challenging CEOs who talked health-care costs

    03/28/2010 8:20:02 AM PDT · by OldDeckHand · 71 replies · 1,999+ views
    The Daily Caller ^ | 03/28/10 | Staff
    There Will Be No Dissent: Dems to grill CEOs who warned of health bill's costs. In letters sent late Saturday night, Representative Henry Waxman called on the chief executive officers of AT&T Inc., Verizon Communications Inc., Caterpillar Inc. and Deere & Co. to provide evidence to support costs they said will result from the recently passed health-care reform bill. (READ WAXMAN’S SATURDAY NIGHT LETTERS HERE & HERE) Waxman has also requested access to the companies’ internal documents, which one committee Republican says is “an attempt to intimidate and silence opponents of the Democrats’ flawed health-care reform legislation.” In the letter...
  • AT&T Plans $1 Bln Q1 Charge For New Health-care Law (3M Co., too.)

    03/28/2010 5:00:07 AM PDT · by TigerLikesRooster · 33 replies · 1,128+ views
    RTT News ^ | 03/26/10
    AT&T Plans $1 Bln Q1 Charge For New Health-care Law 3/26/2010 6:13 PM ET Telecommunications giant AT&T Inc (T) said Friday that it plans to take a non-cash charge of about $1 billion in the first quarter to reflect a change in the tax treatment of the Medicare Part D subsidy as a results of the new U.S. health-care reform law that President Barack Obama signed this week. In a regulatory filing, the Dallas, Texas-based company said it will be evaluating prospective changes to the active and retiree health care benefits it offers as a result of the legislation, including...
  • AT&T, Deere CEOs Called by Waxman to Back Up Health-Bill Costs (Rats don't like the consequences)

    03/28/2010 4:28:51 AM PDT · by tobyhill · 110 replies · 3,618+ views
    Business Week ^ | 3/27/2010 | Viola Gienger
    Representative Henry Waxman called the chief executive officers of AT&T Inc., Verizon Communications Inc., Caterpillar Inc. and Deere & Co. to provide evidence to support costs the companies plan to book related to the new health-care law. Waxman of California, chairman of the House Energy and Commerce Committee, and subcommittee Chairman Bart Stupak of Michigan released letters they wrote to the executives, saying their plans to record expenses against earnings as a result of the law contradict other estimates. The lawmakers requested the executives appear at hearing Stupak plans on April 21. “The new law is designed to expand coverage...
  • GE's Jeff Immelt: Global Warming 'Compelling'; Cap-and-Trade Most 'Effective' Way to Go

    02/13/2010 9:02:43 PM PST · by gibtx2 · 64 replies · 1,212+ views
    Business and Media Institue ^ | 5/20/2009 3:03:44 PM | Jeff Poor
    General Electric (NYSE:GE) is the parent company of the major media conglomerate NBC Universal, which owns media outlets NBC, MSNBC and CNBC. At times that has led to the lines between corporate advocacy and journalism being blurred. That was certainly the case when GE’s CEO Jeff Immelt appeared on CNBC’s “Squawk Box” May 20 to discuss the White House meeting of President Barack Obama’s 16-member Economic Recovery Advisory Board headed by former Federal Reserve chief Paul Volcker. Immelt used his platform at CNBC to make the case for a cap-and-trade program to curb emissions – something Obama has called for...
  • Ex-BofA chief Lewis charged with fraud

    02/04/2010 1:31:17 PM PST · by lbryce · 50 replies · 1,739+ views
    CNN Money ^ | February 4, 2010 | David Ellis
    New York Attorney General Andrew Cuomo said Thursday it was bringing civil charges against senior Bank of America executives, including former company CEO Ken Lewis, for their role in the company's controversial purchase of Merrill Lynch. Separately, the Securities and Exchange Commission said it had struck a $150 million settlement agreement with BofA over its decision to pay billions of dollars in bonuses to former Merrill employees. The lawsuit contends that the bank's management team understated the losses at Merrill in order to get shareholders to approve the deal, then subsequently overstated the firm's willingness to terminate the merger to...
  • GM CEO promises profit for taxpayers (Load of crap but humorous)

    01/11/2010 12:24:54 PM PST · by tobyhill · 12 replies · 479+ views
    cnn ^ | 1/11/2010 | CNN
    General Motors Chairman and CEO Ed Whitacre promised Monday that taxpayers will make a profit on the $50 billion that Treasury has sunk into the company over the past 13 months. "I think the government's investment is well placed and I think they'll make a lot of money," Whitacre told reporters after an event at the annual auto show here Monday morning. "It won't be too long." The promise of profits on the investment, which was echoed by GM Vice Chairman Bob Lutz in an interview with CNNMoney.com Monday, is quite a bit more bullish than any previous forecast made...
  • Whole Foods CEO Steps Down from Position

    12/27/2009 3:22:53 PM PST · by FromLori · 75 replies · 2,806+ views
    Benzinga ^ | 12/25/09 | N.J. Beachum
    The CEO for Whole Foods Market (NASDAQ: WFMI) is relinquishing his chairman title. John Mackey is not only the CEO but also the co-founder of this company. He also held the title of chairman since 1978. After much petitioning by some of the shareholders, Mackey decided to voluntarily give up the title of "chairman" in an effort to keep peace and to appease the activist group. Taking his place will be John Elstrott, the current lead director. When Elstrott takes over as chairman, his previous position will be discontinued. Mackey will continue to be the company's CEO. One reason for...
  • The Best-Performing CEOs in the World

    12/22/2009 3:21:09 AM PST · by Swordmaker · 8 replies · 545+ views
    The Harvard Business Review ^ | 12/21/2009 | by Morten T. Hansen, Herminia Ibarra, and Urs Peyer
    A lot of people have blamed short-term thinking for causing our current economic troubles, which has set off a debate about what time window we should use to assess a CEO’s performance. Today boards of directors, senior managers, and investors intensely want to know how CEOs handle the ups and downs of running businesses over an extended period. Many executive compensation plans define the “long term” as a three-year horizon, but the real test of a CEO’s leadership has to be how the company does over his or her full tenure. This article contains the first ranking that shows which...
  • Trouble brewing for Pepsi's Nooyi (Obama pal, USA-hating CEO to get the boot?)

    12/23/2009 3:27:45 AM PST · by jimbo123 · 52 replies · 1,682+ views
    NY Post ^ | 12/23/09 | JOSH KOSMAN and HOLLY SANDERS WARE
    PepsiCo shareholders' enthusiasm for CEO Indra Nooyi is beginning to fizzle. Amid a stock that has lagged archrival Coca-Cola's, and flagging beverage sales, a number of investors say Nooyi faces a significant test in 2010 to turn around the Purchase, NY, company's fortunes or get an earful from an increasingly impatient shareholder base.
  • Pay Czar Caps Cash Salaries at $500,000 for Bailed-Out Automakers, Banks

    12/11/2009 10:49:16 AM PST · by MaestroLC · 53 replies · 1,670+ views
    Fox News/Associated Press ^ | December 11, 2009 | Staff
    The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000. The 25th through the 100th top earners at Citigroup, GMAC, American International Group and General Motors also must take more than half their compensation in stock, and at least half must be delayed for three or more years, said Kenneth Feinberg, the Treasury Department's Special Master for Executive Compensation.
  • Mean Street: The Lost Cause of GE and Jeff Immelt

    12/10/2009 5:27:54 PM PST · by FromLori · 24 replies · 1,162+ views
    WSJ ^ | 12/10 | Evan Newmark
    <p>It certainly is a remarkable speech. Under Immelt’s eight years at the helm, General Electric has lost almost two-thirds of its value. Earlier this year, GE was on the verge of a total meltdown. So was GE’s “leadership” to blame?</p>
  • Liberal Group Puts Bounty on Head of Chamber of Commerce CEO

    12/07/2009 4:58:18 PM PST · by Reaganesque · 24 replies · 970+ views
    Fox News ^ | 12/07/09 | Judson Berger
    Chamber of Commerce CEO Tom Donohue is a wanted man -- at least according to the liberal activist group that's put a de facto bounty on his head. Chamber of Commerce CEO Tom Donohue is a wanted man -- at least according to the liberal activist group that's put a de facto bounty on his head. A network of liberal groups known as Velvet Revolution started an ad campaign offering $200,000 for information leading to the arrest and conviction of the man whose trade organization has become a thorn in the side of the Obama administration and congressional Democrats. The...
  • Mayo Clinic's CEO Steps Down(says Congress should Reform Medicare First)

    11/19/2009 2:58:26 AM PST · by Son House · 10 replies · 786+ views
    KTTC.com ^ | Nov 18, 2009 | By Fanna Haile-Selassie
    In two days, the CEO of Mayo Clinic will step down. Wednesday morning, Dr. Denis Cortese gave his thoughts on the future of Mayo, health care reform, and his largest accomplishments. "It feels good. It feels good to retire and move on to some bigger issues that I've developed a major interest in over the last 15 to 20 years. And it will give me a chance to concentrate on those." After 40 years with Mayo Clinic, though, health care will always be a big issue for Dr. Denis Cortese. He started at Mayo as a medical student and ended...
  • (Automobile Magazine)2010 Man of the Year: Alan Mulally, CEO Ford Motor Company

    11/14/2009 9:55:39 AM PST · by Son House · 23 replies · 1,043+ views
    Automobile Magazine ^ | November 10, 2009 | By Joe DeMatio
    A year ago, when the heads of Detroit's Big Three - GM's Rick Wagoner, Ford's Alan Mulally, and Chrysler's Bob Nardelli - appeared in the infamous Capitol Hill bailout hearings, many lawmakers, and many Americans, decided that this trio from the industrial heartland could all be tarred with the bad-CEO brush. There was a telling moment, during a discussion about executive compensation, when the three CEOs were asked if they were willing to work for a dollar a year. Mulally's polite reply, "I think I'm OK where I am," was a juicy piece of red meat for the national media,...
  • New AIG CEO Ready to Walk (frustrated by federal government's meddling)

    11/11/2009 6:01:48 AM PST · by matt1234 · 12 replies · 876+ views
    The Big Money ^ | November 11, 2009 | Bernhard Warner and Matthew Yeomans
    Has the AIG CEO Robert Benmosche, just three months into the job, had enough? The Wall Street Journal scoops the field this morning with news from inside the AIG board room that Benmosche has informed the board "he is considering stepping down as chief executive of the government-controlled insurer." Benmosche dropped the bomb last week, saying he was "done." According to the Journal's sources, Benmosche "is chafing under constraints imposed by AIG's government overseers, particularly a recent compensation review by the Obama administration's pay czar, Kenneth Feinberg." He's not quite out the door yet, though. He agreed to think over...
  • Companies get even 'gayer' as U.S. economy plummets

    10/29/2009 4:44:44 PM PDT · by USALiberty · 16 replies · 954+ views
    WorldNetDaily.com ^ | October 28, 2009 | Joe Kovacs
    Despite an economy languishing in high unemployment and low consumer confidence, more American companies are jumping on the bandwagon to provide support for homosexual and transgender employees. More than 300 firms have now received perfect 100 percent scores in this fall's Corporate Equality Index, produced annually by the Human Rights Campaign which ranks businesses on their "treatment" of employees who have chosen homosexual, lesbian, bisexual and transgender lifestyles. The list, which saw a 20 percent increase this year in the number of perfect scores, includes newcomers such as theater giant AMC Entertainment, Costco, Delta Air Lines, Food Lion and General...
  • GM's Henderson calls gov't cutting his pay 'fair'

    10/28/2009 2:06:19 PM PDT · by kingattax · 26 replies · 527+ views
    AP/Breitbart ^ | 10-28-09 | KEN THOMAS
    WASHINGTON (AP) - General Motors Co. CEO Fritz Henderson said Wednesday that government-imposed cuts to his own salary, and the pay of other executives at seven companies that received taxpayer money, were "fair" and "thoughtful." Henderson was among executives who will see their base salaries slashed under a plan by Kenneth Feinberg, the Obama administration's "pay czar." Henderson, between meetings with lawmakers on Capitol Hill, said the changes were "tough, but the situation is tough."
  • Larry Ellison's all billet aluminum Cobra

    10/20/2009 5:09:26 PM PDT · by nascarnation · 39 replies · 2,070+ views
    Jalopnik ^ | 10/20/2008 | Ben Wojdyla
    Oracle CEO Larry Ellison commissioned the fabricators at Kirkham Motorsports to build the ultimate, cost-is-no-object roadster. After years of labor, they've completed the all-billet aluminum Cobra. Click "more" to see them build one of the most spectacular custom cars ever.
  • Nike, Starbucks and Other Team Up With the Left to Sell Cap-and-Trade

    10/18/2009 3:24:13 PM PDT · by Steelfish · 9 replies · 551+ views
    FoxNews ^ | October 18th 2009
    Tom Borelli October 15, 2009 Nike, Starbucks and Other Team Up With the Left to Sell Cap-and-Trade Every day we have an opportunity to vote with our wallets by letting companies know there is a price to pay for colluding with those who oppose our values. "Yes We Can!" the slogan used by then-Senator Obama during last year’s presidential campaign – is now being used by Senators Lindsey Graham (R-S.C.) and John Kerry (D-Mass.) to launch a last ditch effort to jumpstart cap-and-trade legislation in the Senate. Graham and Kerry’s commentary, “Yes We Can (Pass Climate Change Legislation)” published in...
  • Schmidt: We paid $1 billion premium for YouTube

    10/06/2009 1:57:05 PM PDT · by Ernest_at_the_Beach · 12 replies · 655+ views
    CNET ^ | October 6, 2009 4:00 AM PDT | Greg Sandoval
    Since 2006, many observers have scratched their head over what prompted Google to pay $1.65 billion for the video site YouTube. We're now a little closer to the answer. Google CEO Eric Schmidt said in May, "I believe YouTube was worth somewhere around $600 million to $700 million."(Credit: Elinor Mills/CNET) The blockbuster acquisition for the 18-month-old start-up played a large role in sending valuations in the tech sector skyrocketing. Although YouTube made little revenue, the all-stock transaction gave Google control of a company many believed would change the face of mass entertainment. It also led to criticism from skeptics who...
  • Breaking: Obama's White House ACORN Operative Fined $775,000 For Election Violations

    10/04/2009 6:23:26 PM PDT · by Free ThinkerNY · 76 replies · 3,118+ views
    Gateway Pundit ^ | Oct. 4, 2009 | Jim Hoft
    - Used Rapists & Burglars in Door-to-Door Registration DrivesSo where does a far left political operative land after his organization is fined $775,000 for election violations that included hiring rapists and burglars to register voters? Inside the Obama White House, of course. Obama's ACORN operative in the White House Patrick Gaspard is helping shape domestic policy-- There have been several articles written lately about Barack Obama's ACORN advisor, Patrick Gaspard, who is currently serving in the White House. Gaspard has a long history of working with ACORN-affiliated organizations. Erick Erickson at RedState reported on Gaspard's close ties to ACORN: The...
  • Survey: NPR CEO Made 1.3 Million Bucks a Year

    09/29/2009 12:12:27 PM PDT · by Nachum · 13 replies · 663+ views
    newsbusters ^ | 9/29/09 | Tim Graham
    The public-broadcasting-insider newspaper Current passed along a survey from The Chronicle of Philanthropy on executive compensation at large nonprofits in 2008. The salaries can be higher than the current presidential salary of $400,000 (and the current congressional salary of $174,000). The list includes national executives and leaders at large stations like WNET (New York), WETA (Washington), WTTW (Chicago), and KCET (Los Angeles.)
  • Fiat CEO: Chrysler worse than we thought

    09/16/2009 2:25:00 PM PDT · by Nachum · 38 replies · 1,727+ views
    CNN ^ | 9/16/09 | Peter Valdes-Dapena,
    NEW YORK (CNNMoney.com) -- The situation at recently rescued Chrysler Group is even more dire than first thought, the CEO of Italy's Fiat -- which came to the aid of the U.S. automaker -- said Wednesday. "We were surprised by how little had been done in the past 24 months," Sergio Marchionne told reporters in Frankfurt, Germany. Chrysler will present a revised business plan in November, Marchionne told reporters.
  • President and CEO of investment manager Rockefeller & Co. found dead in Mass.

    <p>12:08 PM CDT, September 15, 2009 BOSTON (AP) — James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., has died of an apparently self-inflicted gunshot wound, Massachusetts authorities said Tuesday.</p> <p>McDonald, 56, was found in his vehicle at about 3 p.m. Sunday behind a car dealership in Dartmouth, about 50 miles south of Boston, said Gregg Miliote, a spokesman for the Bristol district attorney's office.</p>