Word: ceos
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That's less boastful than it might sound. ISN's medium size, Malkani thinks, is an advantage in international negotiations. Foreign buyers, she says, "open up more to a company like us." One reason: "They like the feeling that the ceo comes calling. [They know] the total company is behind her. A CEO is better than any vice president" of a multinational giant...
According to Stephen C. Biswell, president and CEO of Nash-De Camp, the company has recognized the UFW as the "certified bargaining unit" between management and its workers for the past 15 years...
...bank. Investors in the U.S. aren't strangers to the perversity of free markets. How many times have you seen a company so down that it says it must shed thousands of jobs, and the stock zooms? So ingrained is this convoluted logic that the mere appointment of a CEO known for tough love can send a stock flying. Sunbeam surged 49% on the day cost-cutting Al ("Chainsaw") Dunlap became CEO. Japan should name him Minister of Finance; the rally would dazzle...
...Middle East, for example, provide him with direct access to Arab heads of state, on whom he may have a moderating influence, since many of Alwaleed's international partners are Jewish and support Israel. "Religion has never been a barrier between us," says Four Seasons Hotels Inc. CEO Isadore Sharp. "He mentioned once that we have similar value systems and moral principles...
DIED. HAROLD GENEEN, 87, empire builder; of a heart attack; in New York City. During his 18 years as CEO of International Telephone & Telegraph (1959 to 1977), Geneen used some 300 takeovers to build ITT into one of history's most sprawling conglomerates, only to see a successor, Rand Araskog, strip down the company to its hotel-and-gaming core, which is likely to be sold...