Word: ceos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...exile in the Media Mogul Wilderness, the poker-faced, once-and-future content king is ready to reveal his latest card. It is Consumer's Edge, a software developer based in La Jolla, California, that hopes to earn a slice of the online commerce pie by offering what CEO Steve Tomlin calls "deep interviews"--extensive Q&As that match consumers with pretty much any product known to the free market...
...picture of two buttoned-down bankers from highfalutin Wall Street power Morgan Stanley smiling and waving their Discover cards would have looked preposterous just five years ago. These are not regular guys. Morgan's chairman, Richard B. Fisher, and CEO, John J. Mack, made $7 million each in 1995. Platinum-card material, wouldn't you say? Don't look for this pair at the self-service pump...
...part of a strategy designed to push Hilton's offer above $60 a share. "This is not the end of it. Now the real fun begins," says TIME's John Greenwald. "ITT made its expected move, and Hilton will very likely raise its offer." If Hilton's combative CEO Stephen Bollenbach had his way, the takeover would create the world's largest owner of hotels and casinos with 230,000 rooms and 30 gambling palaces. Once the very symbol of the corporate conglomerate, ITT has in recent years been struggling to streamline its diverse business operations, which range from publishing...
...Bollenbach prevails, that is. Araskog greeted the offer with public silence and began privately assembling a defense team. He has run ITT since 1979 and seems primed for a big battle. "Sheraton would rather take over Hilton than be taken over by it," says Morris Lasky, ceo of Lodging Unlimited, a hotel-management and consulting firm. Lasky likened Hilton and ITT to "two titans that will go nose to nose." Just the prospect of such a fight sent ITT stock up a whopping $14.75 a share, to $58.50, the day Hilton launched its offer. (ITT shares closed Friday...
...Pittman, president and CEO of AOL Networks, was quick to declare victory. "We did the right thing for the customer," he said. "We are not about computers and wires; we're about a relationship with our members...