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Topic: CEOs of major corporations

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	President - Wikipedia, the free encyclopedia
		A third system is the semi-presidential system, also known as the French system, in which like the Parliamentary system there is both a President and a Prime Minister, but unlike the Parliamentary system the President may have significant day-to-day power.
		When his party controls the majority of seats in the National Assembly the president can operate closely with the parliament and prime minister, and work towards a common agenda.
		The head of a university or non-profit corporation, particularly in the United States of America, is often known as president.
	en.wikipedia.org /wiki/President (2194 words)

	What factors allow CEOs to earn above-market pay?
		The economic question is whether or not CEOs of major corporations simply earn a market-clearing wage determined by the supply of, and demand for, talented individuals.
		CEOs still trumpet the "free-market clearing pay" model arguing they are just getting paid for the shareholder value they add and under which if they were paid a penny less than what they are getting, someone else would immediately snap them up with a more lucrative offer.
		The degree of CEO influence over corporate board members, the hiring of "compensation consultants" and the frequency with which CEOs sit on each other's boards are well documented.
	www.edlotterman.com /Articles/20030511CEOs.htm (839 words)

	Gibson D. Lewis Center for Business and Economic Development
		One of the chief criteria employed by CEOs during the director nomination process is that the director nominee be "compatible" with the CEO (Wheelen and Hunger 1990).
		Should the CEO be more interested in strengthening his or her power base than in constructing a representative board, he or she might elect to have a small board with low proportions of outside directors and little minority or female representation.
		CEOs who have been with the organization for longer periods of time, however, may be more reticent to change and see this form of board as a threat to the status quo.
	coba.shsu.edu /jbs/vol12/no1/12-1-4.htm (5326 words)

	CEOs
		CEOs instead provide a unique combination of the characteristics of felons, racketeers, knaves, scoundrels, flguards, and vile outlaws with reputations for being reprehensible, immoral, villainous, wicked, and, of course, iniquitous and flagitious.
		Enron’s CEO Kenneth Lay pulled in over $100 million – while 100 executives and energy traders collected more than $300 million – in the year before the company filed for bankruptcy, with a $68 billion dollar loss in market value, the loss of jobs for 5,000 employees, and $800 million lost from their pension funds.
		CEO Richard Scrushy ruled HealthSouth Corporation as a family business, and had been instructing employees to inflate earnings report to the tune of about $1.4 billion from 1999 to 2003 [10].
	www.halexandria.org /dward668.htm (3970 words)

	Observer - Story
		For the past 120 years or so, corporations have been the bedrocks of their communities, not only economically but also in the leadership of civic endeavors and charitable causes.
		Today, the major cultural, medical, and educational institutions are, in a very real sense, the legacies of the bishops' leadership and generosity.
		Unlike corporations, however, we are the beneficiaries of philanthropy, not the generators of it.
	www.hartford.edu /NewsEvents/ObserverPast/ObserverWinter00/spres.html (1042 words)

	International Leadership Forum
		Outstanding CEOs from major corporations and nonprofit organizations around the world, augmented by top government and military leaders, authors, scientists and artists.
		CEOs, however, like other ILF leaders who are at the very top of their fields, are a breed apart.
		Gaining the necessary knowledge of developments relating to major global issues to be able to apply it not only to shaping policies that could affect a wide range of contemporary issues, but also to the strategic advantage of their own organizations.
	www.wbsi.org /ilf/QA.html (841 words)

	InnovationLabs Publications: Managing the Evolving Corporation Introduction
		The premise of this book is that these CEOs were removed precisely because they were not prepared for the changes that are occurring throughout the economy, and they did not understand the patterns underlying the changes.
		In failing to understand they certainly were not alone, for as we approach the dawn of a new century and a new millennium, we are a global society immersed in a process of change the likes of which has been seen only a few times in the entirety of human history.
		Small businesses, large corporations and entire industries struggle to adapt to these unfamiliar conditions, and in so doing they are forced to reconsider their identities, their strategies, and all aspects of their operations.
	www.innovationlabs.com /man_pubb.html (305 words)

	CW Resource (Site not responding. Last check: 2007-11-03)
		With so much attention focused on figuring out how and why corporations are failing, it's natural that a lot of decisions made by the company executives are coming under scrutiny—especially when so many of them have turned out to be so misguided.
		The list of departed CEOs from major corporations include Dennis Kozlowski of TYCO, most of the executive staff at Enron, Bernard Ebbers at Worldcom, Joseph Nacchio from Qwest, and Samuel Waksal from Imclone.
		Presumably, the next level of executives in many major companies would want to look on the practices of the former CEOs and think about whether they were cascading some of those down to their subordinates.
	myphlip.pearsoncmg.com /cw/mpviewce.cfm?vceid=3371&vbcid=1567 (746 words)

	CNN.com - CEO salaries fall - Mar. 5, 2002
		NEW YORK (CNN/Money) -- The salaries of the CEOs of major U.S. corporations fell last year to the lowest point since 1989, according to a newspaper report Tuesday.
		The decline in pay packages mirrored a drop in corporate profits, according to a report of the proxy statements of 100 corporations by consulting firm William M. Mercer Inc., the Wall Street Journal reported.
		The report also said the direct compensation of CEOs, which includes salaries, bonuses, gains from exercised stock options, long-term incentive payouts and the value of restricted stock, fell an average of 10.2 percent to $2.16 million, the newspaper said.
	cnnstudentnews.cnn.com /2002/BUSINESS/03/05/ceo.salaries (196 words)

	USATODAY.com - CEOs refuse to get tangled up in messy blogs (Site not responding. Last check: 2007-11-03)
		One written by a CEO would slice through traditional media gatekeepers and bring him or her unedited to the desktop of customers, employees, Wall Street analysts and competitors.
		But when Boeing ousted CEO Harry Stonecipher for having an affair with Boeing vice president Debra Peabody, Baseler was just the Boeing insider that raucous blog readers expected to post explicit e-mails exchanged between the lovers.
		A CEO in the hot seat such as Wal-Mart's H. Lee Scott could answer a lot of criticism with a blog.
	usatoday.com /money/companies/management/2005-05-09-blog-cover_x.htm (1881 words)

	Executive Compensation - May/June 2000
		The measures used to gauge performance are typically short term, raising the danger that executives will be encouraged to pursue short-term gains at the expense of the workforce — and of the company’s long-term performance.
		In fact, it’s not unusual for CEOs to receive big pay increases while their companies are laying off frontline workers.
		CEO pay is much higher in the United States than in other countries.
	www.uaw.org /publications/jobs_pay/00/0700/jpe04.html (658 words)

	Do you think the state of the economy is dependant... - @forums (Site not responding. Last check: 2007-11-03)
		CEOs and major corporations have been stashing billions of dollars a year in offshore bank accounts.
		Major corporations are outsourcing millions of jobs overseas.
		Perceived corrupt corporate governance during threats to debt default, reduced cash-flows in the weakening economy, massive federal deficits, hemorrhaging trade gaps, incredible increases in required foreign capital flows, and a war effort viewed as reckless, these all contribute toward a potential abandonment of the USDollar.
	www.atforumz.com /showthread.php?t=213740 (5564 words)

	ipedia.com: President Article (Site not responding. Last check: 2007-11-03)
		A third system is the semi-presidential system, also known as the French system, in which like the Parliamentary system there is both a President and a Prime Minister, but unlike the Parliamentary system the President has significant day-to-day power.
		Between 1870 and 1940, and again from 1945 to 1958, France operated a classic parliamentary system of government, with power in a cabinet chosen by the National Assembly, and a largely though not totally symbolic president.
		In 1877, President MacMahon showed that his office was constitutionally significant when he dismissed the then prime minister before calling new elections, in the hope of achieving a royalist majority to restore the monarchy.
	www.ipedia.com /president.html (1867 words)

	CEOs of major corporations suck... what's up with these severance packages???
		CEO Robert Nardelli, whom Home Depot lured from a high-profile position working for Welch at GE, would take home cash and bonuses worth $82 million if he were dismissed.
		CEO L. Lowry Mays would receive base salary and bonus for seven years, which works out to some $28 million, not counting other equity-related goodies.
		Replacement CEO Gary Wendt was hailed as a savior worth every penny of his $45 million signing bonus.
	www.prince.org /msg/100/46955 (874 words)

	bernie :: oped :: Corporations Have Chokehold on U.S. Media (Site not responding. Last check: 2007-11-03)
		Television is the means by which most Americans get their “news.” Without exception, every major network is owned by a huge conglomerate that has enormous conflicts of interest.
		NBC is owned by General Electric, one of the largest corporations in the world — and one with a long history of anti-union activity.
		Former CEO Jack Welch was one of the leaders in shutting down American plants and moving them to low-wage countries like China and Mexico.
	bernie.house.gov /documents/opeds/20020612104617.asp (896 words)

	The Mind of the CEO - Leadershop @ LeadershipNow.com
		Many global CEOs are complacent about their international strategies; they know less than they think they do.
		CEOs need to take a much stronger role than most now contemplate to create the framework of globalization-to manage the environment, train workers, and design the rules and institutions for trade, finance and communications.
		His ideas are a challenge to those who are suspicious of corporate power, those who believe CEOs should focus only on enriching shareholders, and even to many CEOs who see their jobs much more narrowly.
	www.leadershipnow.com /leadershop/2615-X.html (579 words)

	Short-lived (and Young!) at the Top
		+ CEOs are entering and departing office at a younger age; in the West, the average CEO rises to office before his or her 50th birthday.
		The exception to the rule is found in Asia, where the average starting age of CEOs was 57.0 in 1995; 60.4 in 2001.
		CEOs terminated for performance reasons last 5.6 years in North America, while their European counterparts actually have a shorter span — 4.8 years on average.
	www.leadwell.com /db/1/4/118 (425 words)

	Hall of Hypocrisy: An NCWO Project
		CEOs of major American corporations have not only maintained their memberships in the face of public controversy, they have refused to speak out for change or denounce the Club's stated policy that it will proudly continue to discriminate against women.
		Let's talk about the corporate members who spend stockholders' money with memberships and lavish entertainment at a club that keeps out half the women customers that provide those expense accounts, half the workers that contribute to those profits, and half the investors that keep those stock options healthy.
		S In partnership with a corporate law firm, NCWO has developed a model board policy for companies to adopt, prohibiting high level company officials and board members from participating in sex discriminatory clubs.
	www.augustadiscriminates.org /pages.cfm?id=61 (1060 words)

	The interbiznet Bugler - Daily News for the Recruiting Professional
		A new study by Booz-Allen Hamilton examines the links between CEO tenure and corporate performance, comparing CEO turnover in major regions and in specific industry sectors.
		Among the key findings: Turnover of CEOs at major corporations increased by 53 percent between 1995 and 2001, while the number of CEOs departing because of their company's poor financial performance increased by 130 percent.
		The Journal of Applied Psychology reports on a new study, Trust in the Face of Conflict: The Role of Managerial Trustworthy Behavior and Organizational Context, which finds that trustworthy behavior was negatively related to attributions of personal responsibility for negative encounters, and this relationship was stronger when human resource policies were perceived as unfair.
	www.interbiznet.com /bugler/bugler_02.06.20.html (365 words)

	AlterNet: Gross Hoggishness
		CEOs of major U.S. corporations are gorging themselves with fat pay checks.
		Today's big snorters are the CEOs of major US corporations who keep gorging themselves with ever-fatter pay packages -- even while they stiff their own employees.
		The most hoggish CEOs of the year, though, are America's media moguls, who fought tooth and nail against a pay raise that was being sought by the people who write the scripts for their movies and TV shows.
	www.alternet.org /columnists/story/11972 (449 words)

	GolfDigest.com - Time for Hootie to bite the bullet? (Site not responding. Last check: 2007-11-03)
		That will happen sooner or later, whether it comes this month from the pressure she's putting on members who are CEOs of major corporations, or after the Masters next spring when women's groups will probably set up picket lines if the club doesn't change its policy.
		Former Corning CEO Amo Houghton, now a New York congressman, is a member, as is his brother, James Houghton, the current Corning chairman.
		She has concerns over whether corporate funds or tax dollars are going toward members' fees.
	golfdigest.com /newsandtour/index.ssf?/newsandtour/20021003augusta.html (898 words)

	English (Site not responding. Last check: 2007-11-03)
		CEOs of major corporations rank communication and critical thinking skills at the top of their list for requirements for those they hire - English majors build those skills.
		A major in English encompasses world, British and American literature (from Beowulf to Virginia Woolf and beyond) and features special courses on topics such as Women in Literature, Mythology and Literature, and Advanced Creative Writing.
		Students may also elect to combine the English major with a minor or major in the subject they wish to write, such as history or biology.
	www.coker.edu /academics/english.html (590 words)

	bernie :: release :: Sanders: CEOs Must Return Illegal Earnings (Site not responding. Last check: 2007-11-03)
		Bernie Sanders pointed to an article in the New York Times today, as further reason to force CEOs to return illegal earnings they have taken from companies that have misstated their earnings.
		CEOs of major corporations now make over 500 times what their employees earn.
		In addition, John Sidgmore, the current WorldCom CEO, has sold more than $87 million of WorldCom stock since 1997.
	bernie.house.gov /documents/releases/20020820171349.asp (252 words)

	Employers Prepare For Workforce Change (Site not responding. Last check: 2007-11-03)
		Anticipating change, Penn State, the Big 10 Universities, CEOs of major corporations and organized labor are coming together at Penn State this fall to share philosophies, strategies and new initiatives at The Best Practices in Diversity Conference: Exploring Practical Applications for the 21st Century, Sept. 18 to 20.
		"In the past several years, some private corporations and academic institutions have made noticeable progress in harnessing the values of diversity in their recruiting strategies, improving the work climate and incorporating diversity into the fabric of their organizational structure.
		Roosevelt Thomas is the CEO of the consulting firm R. Thomas and Associates, Inc. He is also the founder and president of The American Institute for Managing Diversity, Inc., a research and education enterprise with the objective of fostering effective management of employee diversity.
	www.psu.edu /ur/NEWS/news/BestPractices.html (808 words)

	CEO salaries fall - Mar. 5, 2002
		The decline in pay packages mirrored a drop in corporate profits, according to an analysis of the proxy statements of 100 corporations evidenced in a joint report by consulting firm William M. Mercer Inc. and the Wall Street Journal.
		The report also said the direct compensation of CEOs, which includes salaries, bonuses, gains from exercised stock options, long-term incentive payouts and the value of restricted stock, fell an average of 10.2 percent to $2.16 million.
		In 2001, 28 of the companies surveyed paid no CEO bonuses and 31 reduced bonuses to their top executives, the report concluded.
	money.cnn.com /2002/03/05/ceos/ceo_salaries (342 words)

	Visualization
		The most effective way to begin the goal setting process is through visualization.
		CEOs of major corporations and star athletes attribute their success to visualization.
		Walt Disney died before he ever had a chance to step inside Disney World, but by using visualization he knew exactly how the complex would look when completed.
	www.thejcdp.com /issue006/schwartz/05schw.htm (234 words)

	Bill Clinton (Zpedia) (Site not responding. Last check: 2007-11-03)
		Clinton and his administration come down on the same side as corporate America," eliciting cheers from CEOs of major corporations, who are delighted that "we're getting along much better with this administration than we did with previous ones," as one put it.
		With the help of congressional Republicans, the "special interests" have been able to "break him," gratifying the U.S. Chamber of Commerce, corporate lobbyists, insurance firms, and the like.
		Only "some special interests have lost out" with Democrats in control of both the Presidency and Congress: unions, who had a "very sparse two years," the Washington Post reported, while "business made out like a bandit," in achieving virtually all of its objectives while blocking labor and progressives at every turn.
	zpedia.org /Bill_Clinton (272 words)

	Gala Award Winners
		The first was a dinner for CEOs of major corporations; the second was a thank-you dinner for those involved in the design and construction of the Bluewater; and the third was a breakfast to welcome the new management of the stores within Bluewater.
		BEST EVENT PRODUCED FOR A CORPORATION OR ASSOCIATION, OVERALL BUDGET ABOVE $300,000 AN ORIGINAL OCCASION, Los Angeles The film Enemy of the State was the theme of an opening party for The Venetian Resort-Hotel-Casino in Las Vegas.
		Taking the line from the movie "It's not paranoia if they really are after you," the premise was based on a theme of high-tech surveillance and the growing obsolescence of personal privacy.
	specialevents.com /mag/meetings_gala_award_winners_3/index.html (2829 words)

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