Word: ceos
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...billion-a-year electric-power industry slept for decades under a cozy blanket of cost-plus-profit income streams and fat dividends that seemed to promise payouts forever. The status quo is about to get a jolt from, among others, John W. Rowe, 52, president and CEO of New England Electric System of Westborough, Mass. NEES is New England's second largest power utility, with $2.3 billion in 1996 revenues and 5,000 employees. Under Rowe, the utility has become a leader in allowing consumers to shop around for electric power the same way they shop for long-distance telephone...
...pressure led to a shake-up last October, when McDonald's CEO and chairman Michael Quinlan brought in Greenberg. He carries an unlikely pedigree--he was an attorney and accountant at Arthur Young who moved over to his client, McDonald's, as chief financial officer in 1982. He spent lots of time building the financial structures needed for the company's overseas development, but has little experience in burger warfare. That's part of his charm. "I don't feel defensive," he says...
...CEO John Chambers, 46, attracts more groupies at trade shows than the Spice Girls on a London street. Says fund manager James Cramer: "Other than Andy Grove, the guys who manage Microsoft and maybe Lou Gerstner, there's no better management than Chambers and Cisco. In any industry." Cisco recently unveiled its latest eye-popping numbers--52% sales growth with gross margins reaching 65%. And the company pulled this off during a wrenching product transition...
...energetic West Virginian with a Kalishnikov for a mouth who plays only doubles when he takes to the tennis court, an extension of his desire to make Cisco into a team. Chambers is relentlessly customer focused and prodigiously paranoid. When Cisco loses a big order, Chambers rings the buying CEO to ask how he could improve...
Count Laurel and her Purple Moon CEO Nancy Deyo among the pioneers. "If you're going to change how girls relate to science and computers, you need to do it by sixth grade," says Laurel, who has spent the past five years studying the play patterns of girls at the critical age she calls "too old for dolls, too young for cosmetics." Her research is based on conversations with more than a thousand girls, who (boys, take note) were interviewed with their best friends in attendance in order to "keep them honest...